Deputy Manager Risk and Compliance

PRINCIPAL RESPONSIBILITIES:

Examination Prep & Regulatory Issues: Assist with preparation, coordination and execution for regulatory examinations, bank audits, and regulatory action items through meeting attendance, information gathering and issue follow-up; manage examinations, including assisting regulators with understanding business functions and providing relevant information in partnership with Corporate teams. 5%

Policies & Procedures: Develop, manage and maintain corporate compliance policies and procedures to ensure the Company abides by the necessary rules and regulations. Reviews business policies and procedures for compliance implications. 10%

Business Partnering: Works with management to establish an appropriate risk & compliance culture throughout the company including, direct on-going consulting with stakeholders, reviewing and assessing documents, business practices and procedures including training content against compliance requirements. Promotes understanding of key regulations by translating compliance and legal requirements into business requirements and by educating various business units and team members in applicable relevant federal guidelines. Identify inherent risk in business processes. 20%

Risk Assessment / Compliance Reviews & Audit: Design, plan and conduct risk assessments at enterprise level for covered areas, specific regulations and related processes. Perform compliance testing, work in conjunction with Risk Audit teams to validate compliance risks, audit, testing, reporting and remediation. 30%

Issue Management: Works on compliance special projects, such as monthly trend reporting, analysis of issues, performs root cause analysis, escalates as necessary, remediation for issues not being addressed timely or completely to ensure compliance. 20%

Leadership Reporting: Creating appropriate reporting for Business partners, Business leaders and function leadership via various means like PPTs, E-mails, SharePoint sites etc. 10%

Perform other duties, as assigned. 5%

MINIMUM REQUIREMENTS:

EDUCATION:  Bachelor's    FIELD OF STUDY:  Any

EXPERIENCE:  3-5 years in Regulatory affairs, Consumer lending compliance or Risk Management Experience in sub-prime consumer lending or financial services,

CERTIFICATION(S): Variable

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:

• Excellent understanding of MCM business , its day to day operations in call center, Legal Collections, Consumer Support services & other functions will be preferred

• Good knowledge of Legal/ Regulatory requirements along with Risk and Compliance Program

• A self driven, resourceful individual who is meticulous in his day to day activities

• Ability to identify opportunities & propose effective solutions

• Excellent communication and inter-personal skills to develop effective partnership with business’s across the organization

• Ability to develop and exercise business plans, policies and procedures and may also be responsible for various projects to improve efficiencies

• Proficiency with MS Office (PPT, word, Outlook, Excel)

PREFERRED QUALIFICATIONS

EDUCATION:  Master's or Advanced                           FIELD OF STUDY:  Legal / Regulatory

EXPERIENCE: 

Experience in Risk or Compliance programs or governance. Experience with Regulators or Risk management

CERTIFICATION(S):  ISO31000

KNOWLEDGE, SKILLS, ABILITIES, AND OTHER ATTRIBUTES:

• 3 to 5 years’ experience in policy writing in policy review or writing and experience with Regulators or IT risk management
• Intermediate to Advanced Proficiency with Microsoft Word, Excel, PowerPoint, and Outlook or other reporting software
• Useful Abilities

• Problem Solving and Analytical skills

What We Offer

We understand the important balance between work and life, fun and professionalism, and corporation verse community. We strive to support your career aspirations and provide the benefits you need to live a more fulfilling life.

Our compensation and benefits programs were created with an 'Employee-First Approach' focused on supporting, developing, and recognizing YOU.  We offer a wide array of wellness and mental health initiatives, support volunteerism, and environmental efforts, encourage employee education through leadership training, skill-building, and tuition reimbursements, and always strive to provide promotion opportunities from within.

All these things are just a small way to show our employees that we recognize their value, we understand what is important to them, and we reward their contributions.

About Us

Headquartered in the United States, Encore Capital Group (Encore) is a publicly traded international specialty finance company operating in various countries around the globe. Through our businesses - such as Midland Credit Management and Cabot Credit Management - we help consumers to restore their financial health as we further our Mission of creating pathways to economic freedom. Our commitment to building a positive workplace culture and a best-in-class employee experience have earned us accolades including Great Place to Work® certifications in many geographies where we operate. If you have a passion for helping others and thrive at a company that values innovation, inclusion and excellence, then Encore Capital Group is the right place for you.

Encore Capital Group and all of its subsidiaries are proud to be an equal opportunity employer and are committed to fostering an inclusive and welcoming environment where everyone feels they belong. We encourage candidates from all backgrounds to apply. Qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender perception or identity, national origin, age, marital status, protected veteran status, or disability status, or any other status protected under applicable law. If you wish to discuss potential accommodations related to applying for employment, please contact careers.india@mcmcg.com