The Compliance Monitoring and Testing Analyst is responsible for supporting the Company’s Compliance Management System (CMS) through a dual focus on internal compliance monitoring and third-party risk oversight. This role conducts second-line testing to evaluate adherence to federal and state regulations, internal policies, and control effectiveness. In parallel, the Analyst is responsible for key components of the Third-Party Risk Management Program, including initial due diligence, contract management, onboarding, and ongoing oversight to ensure external partners meet regulatory and contractual standards. Through collaboration with cross-functional teams and continuous improvement efforts, this position helps mitigate risk, drive compliance, and protect the Company from potential consumer harm and regulatory violations.
Essential Duties and Responsibilities:
Evaluate third-party compliance with contractual, legal, and regulatory requirements through structured risk reviews during due diligence, onboarding and on an ongoing basis, managing multiple reviews in parallel.
Collaborate with internal stakeholders (e.g., Legal, Information Security, Procurement) to implement and monitor controls that mitigate consumer and third party-related risks.
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required:
Solid understanding of federal and state consumer financial laws (UDAAP, Truth in Lending, Truth in Advertising, FDCPA, ECOA, CARD Act, etc.)
Education and/or Experience:
Constantly operate a computer and other office machinery, such as a calculator, copy machine, and a printer.
Work Environment and Travel:
This job description reflects management’s assignment of essential functions, and nothing in this herein restricts management’s right to assign or reassign duties and responsibilities to this job at any time.
It is the policy of World Acceptance Corporation to provide equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, World Acceptance Corporation will provide reasonable accommodations for qualified individuals with disabilities.
