Compliance Analyst

Summary

Join First Help Financial (FHF), a rapidly growing company offering auto loans, as a Compliance Analyst Associate. This remote position reports to the Compliance Director and offers a $70,000 base salary plus bonus. You will assist in overseeing the Voluntary Protection Product (VPP) Program, maintain compliance databases, collaborate with other departments, build relationships with stakeholders, and develop program policies. FHF boasts a strong company culture, emphasizing work-life balance and offering generous benefits. The role requires a bachelor's degree, 5+ years of relevant experience, and strong compliance knowledge.

Requirements

• Bachelor’s degree in business administration, finance, law, or related field
• 5+ years of proven experience in Compliance, Legal, or a related field, preferably within the auto finance or insurance industries
• Strong understanding of regulatory compliance requirements related to voluntary protection products (GAP, extended service contract, anti-theft protection, etc.) or similar financial products
• Excellent written, organizational, and analytical skills, with a keen attention to detail
• Ability to develop and maintain professional relationships with internal departments, external service providers, and regulatory bodies
• Strong research skills and the capacity to synthesize complex information into clear, actionable policies and procedures
• A proactive approach to issue escalation, problem-solving and the ability to manage multiple tasks simultaneously

Responsibilities

• Assist the Compliance Manager in overseeing the Voluntary Protection Product (VPP) Program and Internal Monitoring Program, ensuring smooth operations and adherence to regulatory requirements
• Maintain an accurate and up-to-date database of Voluntary Protection Products, reviewing agreements to ensure compliance with the company’s minimum business requirements
• Collaborate with the Funding and Portfolio Services departments to effectively manage the VPP Program, focusing on program execution, compliance, issue validation, reporting, and actionable recommendations
• Build and maintain strategic relationships with service providers, regulators, and vendors to stay informed about industry trends and regulatory developments
• Develop and refine program policies and Standard Operating Procedures (SOPs) to align with regulatory requirements and company objectives
• Assist in drafting workpapers, conducting regular testing and audits of the VPP Program to identify areas for improvement and ensure ongoing compliance
• Act as the primary point of contact for all VPP-related matters, monitoring regulatory changes and industry trends to provide informed guidance
• Respond to inquiries regarding Voluntary Protection Products, conducting research as needed to address regulatory questions
• Support the Compliance Manager with additional tasks and projects as assigned, contributing to the success of the Compliance function
• Work with key stakeholders to enhance the efficiency and functionality of the VPP Module

Benefits

• Generous salaries
• Competitive health and welfare benefits (medical, dental, vision, LTD/STD, Identity theft, paid parental leave and much more)
• Paid vacation
• 401(k) match
• Tuition reimbursement
• Social activities
• Monthly lunches
• A robust employee recognition and talent development program to enhance your career with us