Senior Compliance Analyst, Testing

The Senior Compliance Analyst, Testing is responsible for performing compliance testing duties as assigned in support of the Bank’s Compliance Management Program to meet the ongoing objectives of Stride Bank and to ensure all banking rules, regulations, and statutory requirements are met.

Principle Duties And Responsibilities

• Maintains effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance.
• Develops and maintains accurate compliance test scripts to measure the effectiveness of the associated control environment.
• Scopes compliance testing activities to align with the Bank’s Compliance Risk Assessment and corporate risk appetite.
• Updates compliance test scripts in response to regulatory updates and Supervisory guidance.
• Identifies sources of information required to conduct compliance testing.
• Partners with process/data owners to validate data content.
• Conducts meetings with business partners throughout the compliance testing lifecycle. Responsible for providing clear communication regarding observations and testing progress,
• Provides feedback to help the Bank maintain up-to-date compliance Policies, Program Standards, procedures, guidelines, training documents and other associated forms/documents.
• Develops recommendations for updates to processes and systems that will minimize compliance risk, improve performance and productivity, and ensure that specific areas of the bank comply with all relevant laws, regulations, and standards.
• Manages multiple assigned testing activities; creates documentation to evidence execution and risk mitigation.
• Serves as resource for internal and external compliance inquiries, conducting research and providing support/guidance as necessary.
• Maintains professional and technical knowledge by researching regulatory changes, reading professional publications, attending educational workshops, establishing personal networks, benchmarking state-of-the-art practices, and participating in professional societies.
• Participates in any third party (OCC, VISA, etc.) audit requests pertaining to compliance.
• Assesses effectiveness of the implementation and execution of compliance controls.
• Leads special projects and initiatives as assigned.
• Performs other duties as assigned.
  
  

Qualifications

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree, or equivalent work experience, required.
• 3-5 years’ experience in banking industry, required.
• CRCM certification, preferred.
  
  

Knowledge, Skills, And Abilities

• Ability to work in a fast paced and rapidly evolving market.
• Strong analytical and conceptual thinking skills, with the ability to solve problems and make decisions using data.
• Knowledge of existing and emerging bank regulations.
• Knowledge of audit processes and compliance with required reporting.
• Ability to analyze compliance procedures and standards.