We invite you to explore a future with us at PRA Group, a diverse and growing company that has a tangible impact on the global economy.

Position Summary: 

Responsible for assisting management in identifying and mitigating compliance risks, conducting compliance transaction testing reviews, and documenting results comprehensively. Responsible for addressing Consent Order findings through testing of newly developed or enhanced controls. Involves developing and updating policies, procedures, controls, and testing strategies, as well as providing guidance to Compliance Analysts. Collaborates with cross-functional teams, communicates findings and recommendations effectively, and serves as a subject matter expert in compliance auditing and testing.

PLEASE NOTE: This position is Hybrid, from our Norfolk, VA offices.

Key Responsibilities (other duties may be assigned): 

• Develop and manage new Consumer Financial Protection Bureau (CFPB) Consent Order monitoring and reporting program.
• Implement and manage a new monthly dashboard reporting function to management based on control performance and remediation measures.
• Ensure various department’s control documentation meets standards to provide to CFPB upon request.
• Responsible for measuring compliance with Consent Order findings, applicable laws, regulations, and company policies across areas of organizational responsibility.
• Assist stakeholder and management in identifying and containing compliance risk, monitoring, and reporting.
• Utilize standardized work papers and testing programs to document performance of compliance testing reviews.
• Ensure results of monitoring performed are well documented and communicated to management.
• Develop new or update existing policies, procedures, compliance & risk controls, and compliance testing strategies.
• Maintain a current knowledge of applicable consumer protection laws and regulations, business operations and internal Compliance policy and procedures.
• Support the organization as subject matter experts in compliance auditing, testing, and monitoring.
• Independently analyze complex matters and recommend solutions.
• Work with various business partners, including Auditors and other leaders in the Compliance Audit area, to facilitate the completion of risk assessments. Assist Risk Owners with the identification of key risks and mitigating controls in their business, as well as action plans to address any gaps in the mitigating measures identified.

Professional Experience/Qualifications:

• Bachelor’s degree in business or related field
• Minimum of 5 years of experience related to auditing, compliance testing or other internal control testing, or regulatory experience in the financial services industry
• Experience as lead role in auditing, compliance testing or other internal control testing engagement.
• Knowledge of relevant regulatory guidelines and experience within a regulated environment (Bank, Financial Services Firm etc.)
• Knowledge of auditing, compliance testing or other internal control testing, or regulatory experience in the financial services industry.
• Must have superior written and oral communication skills.
• Proven analytical competency.
• Must have a high degree of proficiency in organization, planning, and project management.
• Proven experience working with Word, Excel, and Power Point, and developing and maintaining various analyses and reporting tools.
• Works well with minimal direction and guidance from management.
• Accomplishes tasks and makes decisions within established policies and guidelines.
• Achieves assigned results by decisions and actions based on professional methods, training, business principles, and practical experience.
• Must have the ability to work independently in a fast-paced environment and demonstrate a track record for completing work in a timely and organized fashion.
• Independent Judgment/Complexity - Prioritizes projects well both independently and with some direction & guidance from management.
• Must be comfortable working in and guiding cross functional teams of subject matter experts.
• Ability to take lead role in auditing, compliance testing or other internal control engagements.

All qualified applicants will receive consideration for employment regardless of age, race, color, sex, gender, religion, national origin, physical or mental disability, citizenship, or any other classes recognized by state or local law or any other characteristic protected under applicable federal, state or local law. We are a drug free workplace.