At Popular, we offer a wide variety of services and financial solutions to serve our communities in Puerto Rico, United States and Virgin Islands. As employees, we are dedicated to making our customers dreams come true by offering financial solutions in each stage of their life. Our extensive trajectory demonstrates the resiliency and determination of our employees to innovate, reach for the right solutions and strongly support the communities we serve; therefore, we value their diverse skills, experiences and backgrounds.Are you ready for a rewarding career? Over 8,000 people in Puerto Rico, United States and Virgin Islands work at Popular. Come and join our communityGeneral DescriptionPopular Inc is seeking a Senior Compliance Officer to join the Regulatory Risk Testing Unit of the Regulatory and Financial Compliance Division. The Senior Compliance Officer will be responsible to conduct reviews of policies, procedures, and internal controls to assess for the adequacy of the Banks, overall compliance program and identify if they effectively mitigate the compliance risk of regulatory requirements, including those applicable to non:deposit investment products and fiduciary services. RRT conducts risk:based reviews of various regulatory requirements (non:AML) applicable to the entities under Popular, Inc. This position will report to the RRT Compliance Manager and will conduct assessments of Popular Bank, Banco Popular de Puerto Rico and the Virgin Islands.Essential Duties and Responsibilities- Analyze banking regulation risk based upon the Bank's Regulatory Risk Assessments.- Demonstrates an understanding of business processes, control frameworks, and related regulatory and compliance standards.- Prepare practical work programs that effectively test compliance with the applicable regulations of the bank's operations.- Conduct compliance reviews to determine the effectiveness of the Bank's compliance program in an effective and timely manner.- Assess and challenge whether the control framework meets regulatory expectations.- Prepare detailed workpapers to support the results of the review.- Report and present findings and observations.- Develop draft report of review results.- Track the status of issues identified during reviews, assess the actions taken and ensure they remediate the risks.- Complete monthly governance reporting.- Responsible for supervising and performing quality review over the reviews of assigned Compliance Officers, if applicable.- Carries out supervisory responsibilities in accordance with the organizations policies and applicable laws. Coach and develop employees. Foster a spirit of teamwork allows for disagreement over ideas as well as diversity.If required:- Provide coaching, recognition, motivation, and skill development to staff members on a consistent basis.- Effectively establish and communicate the Goals and Objectives for employees, gain commitment and establish a plan of action for goal attainment. Perform One on Ones, performance evaluation and suggests areas for development and/or improvement. Discuss results with employee and management.- Delegate individual task to employees for special projects, prepare updates within established timeframe and report results.- Responsible for ensuring all reports and logs are updated timely and reported to management as required. This may include but not limited to monthly management reporting and charts.- Ensure new and existing employees are adequately trained on all current and new processes to allow for maximum coverage for the department.Minimum EducationBachelor's Degree, JD preferred.Experience- Five years of experience conducting compliance testing or audits within banking, financial services, or examination experience at a financial industry regulator.- Expertise and knowledge of non:deposi
