What are the responsibilities and job description for the Business Controls Testing Analyst position at PenFed Credit Union?
Overview
Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.
PenFed is hiring a (Hybrid) Business Controls Testing Analyst at our San Antonio, Texas; Omaha, Nebraska; Papillion, Nebraska or Eugene, Oregon service center. The incumbent of this role will support the implementation and execution of the control testing program for PenFed’s Operations organization. Support the planning, creation and execution of control testing for multiple functions. Test, design, and operating effectiveness of the control environment to ensure risks are being properly mitigated. Collaborate with internal and external partners to deliver timely control tests to ensure adherence to relevant organizational policies and procedures.
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
Equivalent combination of education and experience is considered.
This position will not supervise employees.
Licenses and Certifications
There Are No Additional Certifications Required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
Ability to travel to various worksites and be on-call may be required.
About Us
Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.9 million members and over $31 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam and Puerto Rico. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
Are you looking to take your career from good to great? As an employee of PenFed, every day is an opportunity to thrive, and be part of a team working to ensure our organization is providing world class service to our members, employees, and our communities. We exist to help our members realize their full potential, educate and encourage their dreams, and make every effort to follow our mission and help our members “do better.” Joining PenFed is more than being an employee; it’s about being a part of the PenFed family.
PenFed is hiring a (Hybrid) Business Controls Testing Analyst at our San Antonio, Texas; Omaha, Nebraska; Papillion, Nebraska or Eugene, Oregon service center. The incumbent of this role will support the implementation and execution of the control testing program for PenFed’s Operations organization. Support the planning, creation and execution of control testing for multiple functions. Test, design, and operating effectiveness of the control environment to ensure risks are being properly mitigated. Collaborate with internal and external partners to deliver timely control tests to ensure adherence to relevant organizational policies and procedures.
Responsibilities
Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions. This is not intended to be an all-inclusive list of job duties, and the position will perform other duties as assigned.
- Determine whether business processes and internal controls are adequately designed and operating effectively to reduce risk levels within PenFed’s state risk appetite.
- Reviews, monitors, and tests internal controls associated with products, services, members and various operations.
- Proficient in analyzing and applying various scopes and methodologies of control testing (i.e. Observation, Inspection, Re-Performance, Inquiry, etc.…)
- Acquires and applies a proficient understanding of risk and control issues within the business as well as key implications of exposure.
- Partners with Business Unit SMEs to communicate the results/issues/recommendations related to control testing outcomes.
- Applies knowledge in support of applicable laws and regulations in association to various operational lines of business in support of maintaining quality controls.
- Maintain solid working relationship with 1LOD, 2LOD and internal audit.
- This role is responsible for ensuring business continuity.*
Equivalent combination of education and experience is considered.
- Bachelor’s Degree in a related field is preferred.
- Minimum of 2 years of experience in banking or credit union operations that provides a working knowledge of products, services, systems, operational policies and procedures, and regulatory compliance issues is required.
- Experience in risk management, control testing, issue identification and validation, compliance, operational risk, internal audit, business process management, risk and control self-assessments.
- Knowledge and understanding of financial services industry, compliance, risk management or audit operations.
- Full testing lifecycle experience that includes determining scope, designing test scripts, planning tests, executing tests, identifying and escalating issues and risks, and documenting and reporting results
- Ability to meet stringent deadlines with strong organization and prioritization skills.
- Ability to take on a high level of responsibility, initiative, and accountability.
- Strong relationship management skills; ability to negotiate difficult positions without harming relationships.
- Exhibit high attention to detail in documentation of control evaluation work papers for many tests.
- Experience and knowledge of Adobe and Microsoft Office products including Excel, Word, and PowerPoint is preferred.
- Experience and knowledge of control testing and issues management modules within the GRC platform, Archer
- Ability to effectively convey ideas and educate individuals and small groups.
- Proven ability to work in a fast-paced environment.
- Proven ability to balance multiple priorities, adapt to constantly changing business environment, work independently and drive projects to completion.
- Demonstrated abilities in problem solving and analysis identifies issues, analyzes information to assess root cause and relationships, risks, and potential risk responses.
This position will not supervise employees.
Licenses and Certifications
There Are No Additional Certifications Required.
Work Environment
While performing the duties of this job, the employee is regularly exposed to an indoor office setting with moderate noise.
- Most roles require working in an office setting with moderate noise and the ability to lift 25 pounds.*
Ability to travel to various worksites and be on-call may be required.
About Us
Established in 1935, PenFed today is one of the country’s strongest and most stable financial institutions with over 2.9 million members and over $31 billion in assets. We serve members in all 50 states and the District of Columbia, as well as in Guam and Puerto Rico. We are federally insured by NCUA and we are an Equal Housing Lender. We are available to members worldwide, via the web, seven days a week, twenty-four hours a day.
We provide our employees with a lucrative benefits package including robust medical, dental and vision plan options, plenty of paid time off, 401k with employer match, on-site fitness facilities at our larger locations, and more.
Equal Employment Opportunity
PenFed management will maintain and observe personnel policies which will not discriminate or permit harassment or retaliation against a person because of race, color, creed, age, sex, gender, gender identity, gender expression, religion, national origin, ancestry, marital status, military or veteran status or obligation, the presence of a physical and/or mental disability or medical condition, genetic information, sexual orientation, and all statuses protected by applicable state or local law in all recruiting, hiring, training, compensation, overtime, position classifications, work assignments, facilities, promotions, transfers, employee treatment, and in all other terms and conditions of employment. PenFed will also prohibit retaliation against individuals for raising a complaint of discrimination or harassment or participating in an investigation of same.
PenFed will also reasonably accommodate qualified individuals with a disability so that they can apply for a job or perform the essential functions of a job unless doing so causes a direct threat to these individuals or others in the workplace and the threat cannot be eliminated by reasonable accommodation or if the accommodation creates an undue hardship to PenFed. Contact human resources (HR) with any questions or requests for accommodation at 402-639-8568.
