Consumer Protection Compliance Testing Senior Analyst

Optum is a global organization that delivers care, aided by technology to help millions of people live healthier lives. The work you do with our team will directly improve health outcomes by connecting people with the care, pharmacy benefits, data and resources they need to feel their best. Here, you will find a culture guided by inclusion, talented peers, comprehensive benefits and career development opportunities. Come make an impact on the communities we serve as you help us advance health optimization on a global scale. Join us to start Caring. Connecting. Growing together.

The Senior Compliance Testing Analyst will support the Bank's Compliance Management System ("CMS") by primarily conducting 2nd line testing and monitoring activities of consumer protection compliance regulations to identify and mitigate compliance risks of the Bank. This individual will report to the Director of the Compliance Program and will also support the ongoing refinement and execution of various risk assessments and the control environment.

Location:

• If within 30 miles of the office, you will be required to work onsite at 12921 S VBista Station Blvd, Draper, UT 84020 4 days per week

• Remote work from home nationwide, if not within 30 miles of the office

You will enjoy the flexibility to telecommute* from anywhere within the U.S. as you take on some tough challenges.

Primary Responsibilities:

• Assist with the design, development, delivery, and maintenance of a best-in-class compliance program

• Conduct compliance testing and monitoring to detect, evaluate, and mitigate potential compliance concerns and ensure compliance with relevant consumer protection regulations, regulatory best practices, and consistency with applicable Bank policies and procedures

• Perform and document relevant risk assessments to determine current risk levels and assist in developing the annual compliance review schedule

• Assist in establishing, documenting, and revising applicable compliance policies and procedures

• Engage with business partners/colleagues to receive documents to review and analyze data and processes to ensure regulatory adherence

• Ensure timely communication throughout the compliance review process, and document and share written compliance testing and monitoring results with key stakeholders

• Prepare and present reporting to the Compliance Committee, and other governance committees as may be required

• Participate in and provide support (testing documentation/information) for regulatory examinations, internal audits and internal risk reviews

• Stay abreast of changing laws and regulations relating to bank and lending partner products

• Support the Compliance Training area by providing information for custom training courses and periodically assist with Learning Management System Administration

You'll be rewarded and recognized for your performance in an environment that will challenge you and give you clear directions on what it takes to succeed in your role as well as provide development for other roles you may be interested in.

Required Qualifications:

• 6+ years of experience working in a bank or other financial institution in a Compliance, Internal Audit, Risk Management, Legal, or Operations role
• 4+ years of experience developing and executing testing focused on Federal consumer protection compliance regulations for at least 8 of the 16 regulations listed below
  • UDAAP
  • ECOA/Fair Lending
  • TILA
  • FCRA/FACTA
  • SCRA, MLA
  • Flood
  • FDCPA
  • TCPA, CAN-SPAM
  • E-SIGN
  • Privacy - GLBA, RTFPA
  • TISA
  • EFTA
  • EFAA
• Must work onsite 4 days per week if within a 30-mile commute from 12921 S Vista Station Blvd, Draper, UT 84020
• Ability to travel ~4-6 times/year (primarily to Draper, UT) per business need

Preferred Qualifications:

• Certified Regulatory Compliance Manager (CRCM) designation
• Compliance experience working with one of the following Regulatory Agencies: FDIC, CFPB, FRB, OCC, NCUA, a State Department of Financial Institutions, or experience working with/conveying information to banking regulators or Internal Audit

Soft Skills: 

• Ability to demonstrate strong critical thinking skills in identifying, analyzing, managing, and resolving complex issues, concerns, or potential regulatory issues

• About Company

  Optum is a leading health services and innovation company, part of UnitedHealth Group. It combines data, technology, and clinical expertise to improve healthcare delivery, reduce costs, and enhance outcomes. Optum operates across three core areas: OptumHealth (care delivery), OptumInsight (data and analytics), and OptumRx (pharmacy care services), serving millions of individuals, employers, and healthcare organizations globally.