Compliance Specialist I

As a Compliance Specialist I at CCMR3, your main responsibilities include implementing and maintaining compliance policies, conducting detailed risk assessments, performing internal audits, and monitoring daily operations to ensure adherence to relevant laws. You will also assist in managing vendor compliance and contribute to compliance documentation, making it an integral role in safeguarding our ethical practices and regulatory standards.

To be considered for the Compliance Specialist I position at CCMR3, candidates should ideally possess a bachelor’s degree in business, law, finance, or a related field. Furthermore, having 1-3 years of experience in compliance, risk management, or collections can be incredibly beneficial. A solid understanding of consumer protection laws, along with strong communication and analytical skills, is essential for success in this role.

In the role of Compliance Specialist I at CCMR3, you will actively contribute to compliance initiatives by tracking regulatory changes, conducting risk assessments, and collaborating with the Director of Compliance on strategy implementation. Your proactive approach will help identify and mitigate potential compliance vulnerabilities, significantly enhancing our compliance management program.

A Compliance Specialist I at CCMR3 should possess strong organizational and time-management skills, alongside keen attention to detail. Familiarity with technology, particularly the MS Office Suite, is also important. Furthermore, having excellent written and verbal communication skills and an analytical mindset for problem-solving is crucial to navigate the complexities of compliance effectively.

CCMR3 offers a competitive compensation package for the Compliance Specialist I role, including a generous PTO policy with monthly wellness days and a 401k match. In addition to these benefits, you will have access to comprehensive training programs and various opportunities for professional growth, allowing you to thrive in a supportive and rewarding work environment.

Highlight your specific experiences with regulations such as the FDCPA, TCPA, and FCRA. Discuss any relevant projects or responsibilities you've handled, such as conducting audits or compliance assessments, which demonstrate your familiarity with these laws.

Provide a detailed example that showcases your analytical and problem-solving skills. Explain the context, the risk you identified, and the steps you took to mitigate it, emphasizing your proactive approach and the positive outcome that followed.

Share your strategies for staying organized, such as using task management tools or prioritizing based on deadlines and impact. Explain how you ensure that key compliance activities are never overlooked, demonstrating your time-management skills.

Discuss any compliance management software you've used, along with standard office software such as the MS Office Suite. Mention how these tools help you manage compliance documentation and track regulatory updates efficiently.

Explain your methods for staying informed, such as subscribing to relevant industry newsletters, participating in webinars, or being part of professional networks. This shows your commitment to continuous learning and compliance excellence.

Talk about your approach to addressing compliance breaches, emphasizing the importance of communication and education. Illustrate how you would investigate the situation factually before implementing corrective actions and putting measures in place to prevent recurrence.

Demonstrate your knowledge of the core responsibilities of the Compliance Specialist I role, including monitoring compliance with regulations, conducting internal audits, and supporting vendor compliance. Show that you understand how this role supports the organization's commitment to ethical practices.

Provide examples of how you've participated in risk assessments, including the identification of vulnerabilities and the development of mitigation strategies. Highlight any tools or methodologies you’ve employed during these processes.

Discuss your views on the importance of teamwork and collaboration in compliance work. Share examples of how you effectively communicate with leadership about regulatory updates or compliance challenges to foster a proactive compliance culture.

Articulate your professional goals while reflecting on how they align with the Compliance Specialist I role at CCMR3. Show enthusiasm about potentially taking on more responsibilities, contributing to the compliance management program, and advancing within the compliance field.