Lead, Compliance Advisory
Chicago, IL - USA
Job Summary
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Team Overview
The Compliance Advisory team serves as the Second Line of Defense providing independent oversight guidance and challenge to business teams on regulatory obligations and compliance risk mitigation. The team partners across Legal Risk and Compliance Global Solutions US Markets Global Operations and Global Technology Data & Analytics to support consistent compliance program execution regulatory readiness and effective risk issue management. This role reports to Senior Director of Compliance Advisory. This is a hybrid position and involves regular performance of job responsibilities virtually as well as in-person at an assigned TU office location for a minimum of two days a week.Role Overview and Core Responsibilities
- Provide compliance advice to Credit Risk Solutions and the Alternative Data business on applicable U.S. regulatory obligations including FCRA and GLBA.
- Partner with internal business clients during product development to identify regulatory requirements assess compliance risks and incorporate appropriate controls.
- Support Regulatory Change Management by assessing the impact of new and changing laws and helping business teams develop and execute implementation action plans.
- Support Issue Management by helping business teams identify control breaks that may cause harm to customers or consumers.
- Assist with investigating the root cause of compliance issues and identifying corrective actions to remediate potential harm.
- Track corrective action plans and partner with cross-functional stakeholders to support timely and effective issue remediation.
- Develop and maintain relevant compliance policies guidance and training materials.
- Communicate complex regulatory concepts clearly to business product legal risk technology and other cross-functional stakeholders.
- Work independently with minimal oversight and influence teams across a matrixed organization.
Required Knowledge and Experiences
- Bachelors degree and 6 years of experience in compliance legal or risk management within the credit industry or financial services.
- Knowledge of U.S. state laws and consumer protection regulations including FCRA (Fair Credit Reporting Act) GLBA (Gramm-Leach-Bliley Act) UDAAP (Unfair Deceptive or Abusive Acts or Practices) and DPPA (Drivers Privacy Protection Act) to provide regulatory guidance to the business.
- Experience providing compliance advice to business partners during product development including identifying regulatory risks and supporting appropriate mitigation.
- Strong project management analytical communication and problem-solving skills to manage compliance activities and explain regulatory requirements clearly.
- Experience writing compliance policies and developing training materials to support consistent understanding and execution of regulatory requirements.
Required Technical Skills
- Working knowledge of FCRA (Fair Credit Reporting Act) GLBA (Gramm-Leach-Bliley Act) UDAAP (Unfair Deceptive or Abusive Acts or Practices) and DPPA (Drivers Privacy Protection Act).
- Experience applying Regulatory Change Management procedures to assess regulatory impacts and support implementation action plans.
- Experience applying Issue Management procedures including control-break identification root cause investigation corrective action planning and remediation tracking.
- Compliance policy writing regulatory analysis and compliance training development skills.
Were also looking for the preferred skills below. Whether you are proficient or could use some brushing up were happy to support your career development and growth in:
- Experience evaluating marketing materials and consumer-facing communications for financial services products.
- Experience supporting Credit Risk Solutions alternative data credit bureau consumer finance or related financial services products.
- Experience navigating and influencing stakeholders within a complex matrixed organization.
- Issue Management and Regulatory Change Management experience.
Benefits that support every part of your life:
At TransUnion we design benefits to help youfeel well do well and plan wellfrom day one.
For Your Health: Enjoyday-one eligibilityfor medical dental and vision coverage plus supplemental plan options. Spousal domestic partner and other eligible dependent coverage is available on select plans. Choose taxadvantagedHSAandFSAaccounts to make everyday care more affordable.
For Your Protection: Weve got your back withcompanypaid basic life and AD&D optionalvoluntary life and AD&Dfor you and your family andshort and longterm disability. You can also opt into alegal planpet insurance andtravel accident coverage.
For Your Family: Fromadoption assistance and fertility planning coveragetocaregiver support were here for every chapter. AccessDependent Care FSA for possibility of an employer match a andup to 12 weeks of paid parental leavewith eligibility for a thoughtful gradual return.
For Your Future: Build toward whats next with our401(k) with employer matchandEmployee Stock Purchase Plan (ESPP). Tapfinancial wellness resourcescareer coaching and optionallongterm care insuranceto plan confidently.
For You: Grow and recharge withtuition reimbursementflexible time off for exempt employees or paid time off for nonexempt employees up to 12 paid holidays per year commuter benefits employeediscountscharitable gift matching andpaid volunteer time off plus corporate volunteer events that make it easy to give back.
For Your Wellness: Access24/7 supportincluding professionaltherapycoaching and emotional wellbeing programs alongside guided meditation and resources that supportphysical mental social and financial wellness.
We are committed to being a place where diversity is not only present it is embraced. As an equal opportunity employer all qualified applicants will receive consideration for employment without regard to race color religion sex national origin age disability status veteran status genetic information marital status citizenship status sexual orientation gender identity or any other characteristic protected by law. Additionally in accordance with Section 503 of the Rehabilitation Act of 1973 and the Vietnam Era Veterans Readjustment Assistance Act of 1974 TransUnion takes affirmative action to employ and advance in employment qualified individuals with a disability and protected veterans in all levels of employment and develops annual affirmative action plans. Components of TransUnions Affirmative Action Program for individuals with disabilities and protected veterans are available for review to any associate or applicant for employment upon request by contacting .
Qualified applicants with arrest or conviction records will be considered for employment in accordance with applicable law including the Los Angeles County Fair Chance Ordinance for Employers the San Francisco Fair Chance Ordinance Fair Chance Initiative for Hiring Ordinance and the California Fair Chance Act.
TransUnion complies with all applicable immigration laws and regulations. The Company does not presently provide employer support or sponsorship for an immigration-related employment benefit for this position. Applicants must be authorized to work in the United States on a full-time basis without the need for employer support or sponsorship now or in the future.
Adherence to Company policies sound judgment and trustworthiness working safely communicating respectfully and safeguarding business operations confidential and proprietary information and the Companys reputation are also essential expectations of this position.
TransUnion Overview:
At TransUnion we encourage and are committed to creating a real positive impact and shared sense of purpose within our Workforce for Good which empowers our people to grow innovate and contribute to a better future for our communities and customers. We strive to build an environment where our associates are in the drivers seat of their professional development while having access to help along the way. We recognize that success comes when our associates thrive both professionally and personally; thats why we prioritize work/life flexibility and offer resources for our teams across the globe to collaborate and drive excellence.
Be a part of our Workforce for Good youll work with great people pioneering products and cutting-edge technology.
TransUnions Internal Job Title:
Sr Consultant ComplianceCompany:
TransUnion LLCRequired Experience:
Unclear Seniority
About Company
Company Overview TransUnion is a leading global risk and information solutions provider. Our mission is to help people worldwide access opportunities that lead to a higher quality of life. We accomplish this by delivering solutions that help organizations optimize their risk-based dec ... View more