Senior Compliance Analyst, Testing

About This Role

This role involves performing compliance testing duties to support the Bank's Compliance Management Program, ensuring adherence to all banking rules, regulations, and statutory requirements.

Responsibilities

• Maintain effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance
• Develop and maintain accurate compliance test scripts to measure the effectiveness of the associated control environment
• Scope compliance testing activities to align with the Bank's Compliance Risk Assessment and corporate risk appetite
• Update compliance test scripts in response to regulatory updates and Supervisory guidance
• Identify sources of information required to conduct compliance testing
• Partner with process/data owners to validate data content
• Conduct meetings with business partners throughout the compliance testing lifecycle
• Provide feedback for updates to Policies, Program Standards, procedures, guidelines, training documents and other associated forms/documents
• Develop recommendations for updates to processes and systems that will minimize compliance risk, improve performance and productivity, and ensure compliance with all relevant laws, regulations, and standards
• Manage multiple assigned testing activities, creating documentation to evidence execution and risk mitigation
• Serve as resource for internal and external compliance inquiries, conducting research and providing support/guidance
• Maintain professional and technical knowledge by researching regulatory changes, reading professional publications, attending educational workshops, establishing personal networks, benchmarking practices, and participating in professional societies
• Participate in any third party (OCC, VISA, etc.) audit requests pertaining to compliance
• Assess effectiveness of the implementation and execution of compliance controls
• Lead special projects and initiatives as assigned

Requirements

• Bachelor’s degree or equivalent work experience
• 3-5 years’ experience in banking industry
• Strong analytical and conceptual thinking skills
• Knowledge of existing and emerging bank regulations
• Knowledge of audit processes and compliance with required reporting
• Ability to analyze compliance procedures and standards

Qualifications

• Bachelor’s degree, or equivalent work experience
• 3-5 years’ experience in banking industry

Nice to Have

• CRCM certification

Skills

* Required skills