"Republic Bank believes in the development and advancement of our associates. We offer the opportunity to learn all aspects of the company to prepare for future advancement. Come join our team for a career, not just a job!"
Grade 8
About Republic Bank
Republic Bank's values are built upon making an IMPACT for our clients, our associates and the communities we serve. (IMPACT stands for Innovate for the Future, Make it Easy, Provide Exceptional Service, Acknowledge & Celebrate Success, Commit to Caring and Thrive Together) The associates of Republic Bank are the key to our success as an organization and we value our associates. It's one of the reasons we've been named as one of the Best Places to Work in Kentucky for the last nine years! For more information about the company, please visit www.republicbank.com.
POSITION PURPOSE AND OBJECTIVES
This role is responsible for identifying, monitoring and reporting consumer compliance risks and developing and implementing controls associated with Republic Credit Solutions (RCS) products and related third parties pursuant to the RCS Oversight Program. This includes, but is not limited to, independently performing oversight of the program, developing and documenting key risk indicator reporting, and working directly with partners, the business unit and Compliance as required.
Applicants must be authorized to work for any employer in the U.S. We are unable to sponsor or take over sponsorship of an employment Visa at this time.
MINIMUM QUALIFICATIONS
*Three years loan operations/servicing experience required.
*Demonstrated knowledge of consumer compliance regulations related to credit products (e.g., FCRA, UDAAP, ECOA, SCRA, TILA), required.
*Experience with audits and/or compliance testing preferred.
*Experience with credit reporting preferred.
*Demonstrated proficiency in Microsoft Excel required.
ESSENTIAL JOB FUNCTIONS AND RESPONSIBILITIES
*Third Party Monitoring - 50%
Perform regular and ongoing third-party monitoring.
Develop and maintain monitoring reports, procedures, and workpapers.
Work directly with new program managers to implement required monitoring and report development.
Validate third party monitoring to ensure accurate key risk indicator reporting.
Work directly with Compliance and program managers to execute monthly monitoring surveys, escalate issues, and respond to inquiries.
*Third Party Oversight -30%
Implement and perform oversight of third parties' evolving regulatory compliance requirements, as applicable to RCS programs.
Demonstrate an understanding of specific RCS program compliance requirements and effectively communicate them to third parties.
Develop testing of RCS products to ensure correct implementation and operation.
Participate in ongoing training to further develop knowledge of regulatory consumer compliance requirements as they pertain to RPG programs.
Maintain updated monitoring inventories.
*Other Responsibilities - 20%
Assist with regulatory exams, audits and compliance testing requests as required.
Assist with drafting Risk Control Matrix for each RCS product/program and update as needed.
Maintain a working knowledge of compliance requirements affecting your position and area of responsibilities and actively learn new regulations and assist in the implementation, if required.
Model and foster behaviors that support the Bank's values and corporate culture creating an atmosphere of trust, cooperation, accountability, and dedication to the organization.
Willingly perform all other duties and projects as assigned.
INTERPERSONAL SKILLS AND COMPETENCIES REQUIRED
*Excellent verbal and written communications skills for effective interactions with internal and external partners.
*Must be self-motivated, work independently without supervision and work well in a team environment.
*Demonstrate independent thinking and strong problem-solving skills.
*Must be detail oriented and have excellent organizational skills.
*Ability to multi-task.
*Must have strong data entry and analysis skills.
PHYSICAL REQUIREMENTS
The physical demands described here are representative of those that must be met by an associate to successfully perform the essential functions of this position. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
While performing the duties of this position, the associate is regularly required to sit, use hands to finger, handle, or feel; and talk or hear. The associate frequently is required to stand or walk. The associate is occasionally required to reach with hands and arms. The associate must occasionally lift and/or move 10 pounds. Specific vision abilities required by this position include close vision, and distance vision. The noise level in the work environment is usually moderate.
OTHER REQUIREMENTS
Travel between Republic Banking facilities may be required including occasional out of town travel.
Flexible work schedule may include some evenings, weekends and/or overtime.
Stay abreast of new developments, best practices, and statutory and regulatory changes.
Republic Bank
Apr 23, 2025