Compliance and Risk Analyst

Oklahoma AgCredit provides loans, leases and financial services to farmers, ranchers and rural businesses and homeowners in 60 of 77 counties in Oklahoma. We are part of the Farm Credit System that supports rural communities and agriculture with reliable and consistent credit. We are headquartered in Edmond, Oklahoma. Learn more at www.okagcredit.com .

Summary

The Compliance and Vendor Risk Analyst ensures organizational adherence to regulatory requirements and internal policies while managing third-party risk. This role supports the development, implementation, and maintenance of Association policies, conducts vendor due diligence and risk assessments, and monitors and performs ongoing compliance activities to mitigate risk.

Essential Responsibilities

Vendor Management

• Assist in the executive and oversight of the Vendor Management program, including onboarding, risk assessments, and periodic review
• Support due diligence efforts and maintaining documentation related to vendor risk profiles
• Collaborate with the VP of Compliance to maintain and make operational improvements to the vendor management program
• Assist with the drafting and / or amending of applicable policies, procedures, and training material pertaining to vendor management

Policy and Procedure Management

Maintains the Association's Policy Review Schedule and ensure policies and other high-level documents go for Board approval as outlined in the schedule and based off regulatory guidance

Work with outside counsel and / or the VP of Compliance to ensure policies are up-to-date and in compliance with regulatory guidance

Work with policy owners to develop and revise policies to ensure compliance with federal and state regulations

Oversee and maintain the Association's policy and procedural management software, PolicyTec

Assist with the drafting and / or amending of applicable policies, procedures, and training material pertaining to policy and procedure management

Compliance

Attends training and reads articles on lending regulations, policies and procedures, consumer protection and public interest laws and their impact on the Association

Determines when to discuss procedural changes based on findings with appropriate staff

Stay abreast of changing regulatory requirements by actively reviewing FCA website and consumer protection sites - work with the VP of Compliance to maintain Compliance Management Program

Assist in answering questions from employees and management regarding compliance, policies, and procedures

Assist with the drafting and / or amending of applicable policies, procedures, and training material pertaining to compliance

Model Risk Management

Ensures compliance with the Association MRM policy

Coordinates and documents MRM validations and reviews

Maintains the Association's model inventory

Analyzes model data, including completing model validations and reviews

Prepares MRM annual report for Board of Director

Serves as an SME on all special model projects

Data Security and Confidentiality

Appropriately protects the confidentiality, security, and integrity of the Association's systems and date and clients' data

Special Projects As Assigned

Minimum Qualifications :

Bachelor's degree in business administration, risk management, or related field.

In lieu of a degree, 5 - 7 years of similar experience will be considered.

3-5 years of experience in compliance, risk, audit, accounting, finance, or banking. Or an equivalent combination of education and experience sufficient to perform the essential functions of the job.

Previous Farm Credit Administration (FCA) experience is preferred but not required.

Knowledge and Skills Required :

Knowledge of Adobe, Microsoft Word, Excel, PowerPoint, and Outlook sufficient to create, update, and save basic documents.

Basic knowledge in risk management and internal control concepts

Basic knowledge of SOX processes

Ability to communicate and collaborate with stakeholders on regulatory projects

Ability to present to a variety of audiences

Ability to review pending regulatory compliance and skill to problem solve implementation strategies

Skill in learning, retaining, and applying industry specific rules and regulations

Skill in utilizing time in an efficient and effective manner on competing projects with sensitive deadlines

Skill in applying processes and procedures to factual data to make a logical decision

Skill in good judgement and polite behavior

Skill in interacting and working effectively with others

Skill in focusing and concentrating on details

Knowledge of the Farm Credit Administration (FCA), Consumer Financial Protection Bureau (CFPB), regulatory compliance

Oral and written communication skills sufficient to discuss a variety of job-related topics, and to effectively communicate complex topics to a variety of audiences relating to policies, procedures, compliance, and vendor management

Oklahoma AgCredit offers a competitive compensation and benefits package, including :

Competitive base pay with an incentive plan

401(k) Match 9% Maximum

Paid Vacation (15 days), Sick Leave (15 days) and Holidays (12 days)

Excellent medical, Dental, Vision, Life Insurance

Flexible Spending and Health Savings Accounts

Wellness program activities and rewards

Customer-Centric Environment

Opportunity to Give Back to Agriculture

Category :

Risk Management

experience level :

Mid Level

job Type :

Risk Management