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 community General DescriptionResponsible for working with business partners to conduct enterprise:wide regulatory and financial risk assessments. Assessments are conducted in accordance with a standardized framework and methodology, the purpose of which is to understand the level of inherent compliance risk exposure associated with Popular's business segments, including non:deposit investment products and fiduciary services, assess controls, and ensure residual risk remains within tolerance. This position will execute Risk Assessments process and suite of tools used to measure Regulatory Compliance, Financial Compliance, UDAAP and Fair Lending risk.Essential Duties and Responsibilities:Prepares and executes enterprise:wide regulatory and/or financial risk assessments to assure ongoing compliance with Consumer Federal and Local regulations.:Research regulatory law, recent or proposed changes, guidance, and interpretations as part of the planning process of the assessment.:Develop walkthrough questionnaires for assessed lines of business to ascertain compliance with regulatory requirements and determine the effectiveness of internal control processes.:Responsible for conducting information gathering sessions with Business Unit personnel (including management and support staff), performing substantive on:site assessment of risk and controls, summarizing results, preparing written final reports to be presented to management, and documenting all issues raised during the assessments.:Analyzes data from multiple sources and systematically documenting the work and results.:Follows assessment schedules to ensure all assessments are completed within established timeframes and documented within systems of record.:Assess the inherent and residual compliance risks and controls though the established risk and control framework. Analyze and document work results. Work with the business lines to source data required to support RRA inherent risk metrics.:Responsible for supervising and performing quality review over the reviews of assigned Compliance Officers, if applicable.:Identify and confirm potential compliance issues.:Develop, socialize, and present the risk assessment framework and methodology results to compliance counterparts and business lines.:Suggest risk mitigation strategies to business areas and other control functions.:Update as needed policies and procedures related to the risk assessment process.:Ensure results of the risk assessment are tracked until remediated in accordance with corporate compliance standards.:Own, develop and enhance the Risk Assessment Methodology and suite of tools, as needed.:Provide updates on the risk assessment process as needed.: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. Demonstrates an understanding of business processes, control frameworks, and related regulatory and compliance standards.:Establish and maintain strong relationships with other Compliance Units and Business Areas. Engage with subject matter experts as needed.:Support the Compliance Program Office in Internal Audits, exams, a
