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Collabera

Compliance Analyst

Reposted 2 Months Ago
In-Office
Lisle, IL, USA
Entry level
In-Office
Lisle, IL, USA
Entry level
The Compliance Analyst tracks and reviews US federal regulations, ensures product compliance, conducts assessments, and collaborates with legal and business units for regulatory issues.
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Company Description

About Collabera:
Established in 1991, Collabera is one of the fastest growing end-to-end information technology services and solutions companies globally. As a half a billion dollar IT company, Collabera's client-centric business model, commitment to service excellence and Global Delivery Model enables its global 2000 and leading mid-market clients to deliver successfully in an increasingly competitive marketplace.
With over 8200 IT professionals globally, Collabera provides value-added onsite, offsite and offshore technology services and solutions to premier corporations. Over the past few years, Collabera has been awarded numerous accolades and Industry recognitions including.
• Collabera awarded Best Staffing Company to work for in 2012 by SIA. (hyperlink here)
• Collabera listed in GS 100 - recognized for excellence and maturity
• Collabera named among the Top 500 Diversity Owned Businesses
• Collabera listed in GS 100 & ranked among top 10 service providers
• Collabera was ranked:
• 32 in the Top 100 Large Businesses in the U.S
• 18 in Top 500 Diversity Owned Businesses in the U.S
• 3 in the Top 100 Diversity Owned Businesses in New Jersey
• 3 in the Top 100 Privately-held Businesses in New Jersey
• 66th on FinTech 100
• 35th among top private companies in New Jersey
http://www.collabera.com/about_us/accolades.jsp
Collabera recognizes true potential of human capital and provides people the right opportunities for growth and professional excellence. Collabera offers a full range of benefits to its employees including paid vacations, holidays, personal days, Medical, Dental and Vision insurance, 401K retirement savings plan, Life Insurance, Disability Insurance.

Job Description

Job Summary:

• Tracks, reviews and communicates pending and passed US federal regulations, agency guidelines or directives to impacted business units to ensure ongoing product compliance. 

• Works with development groups to review and approve project requirements and design documents that pertain to or impact regulatory compliance and assists in setting priorities for regulatory issues that must be addressed by the business. 

• Responds to internal and external client matters pertaining to product compliance and assists in providing final disposition of any discrepancies. Performs periodic reviews and audits of products and services to validate compliance with high risk regulations or detect regulatory violations, weak controls or other potential areas of exposure.

General Duties & Responsibilities:

• Monitors and communicates regulatory changes that impact client products and services to internal and external customers.

• Conducts compliance assessments and provides direction on any deficiencies resulting from scheduled product reviews.

• Manages direction for development design specifications for compliance issues.

• Provides compliance reviews and direction for new and expanding products.

• Participates in development of compliance sessions/presentations.

• Participates in internal Education sessions promoting compliance awareness.

• Provides updates for monthly internal and external compliance reports.

• Meets with application product compliance liaisons on a regular basis for status updates on compliance issues.

• Interfaces with legal counsel and federal, state, and local agencies, as needed to resolve regulatory issues.

• Participates in compliance core group committee as needed.

• Participates in annual IRS and year-end processing modification project.

• Monitors and ensures timeline check-points are met for compliance projects.

• Responds to customer-specific questions.

• Coordinates development of customer communications related to compliance issues.

• Assists in comment letters responding to Federal Agencies’ regulatory issues.

• Participates with and/or leads customer focus and advisory groups.

• Directs and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.).

Educational Requirements:

• Bachelor’s degree in business administration, law or the equivalent combination of education, training, and work experience.

Qualifications

compliance, mortgage servicing, loan servicing

Additional Information

Feel free to call me 

Vishwas Jaggi

973-475-7482

Collabera Chicago, Illinois, USA Office

200 West Madison Suite 1850, Chicago, United States, 60606

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