
Madison-Davis
EXTERNAL ROLE
Job Details:
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Analyze consumer compliance regulatory risk based upon the Bank’s Consumer Compliance Regulatory Risk Assessments.
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Prepare practical work programs that effectively test compliance with the applicable regulations of the bank’s operations.
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Conduct compliance reviews to determine the effectiveness of the Bank’s compliance program in an effective and timely manner.
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Assess and challenge whether the control framework meets regulatory expectations
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Prepare detailed workpapers to support the results of the review
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Report and present findings and observations.
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Develop draft report of review results.
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Track the status of issues identified during reviews, assess the actions taken and ensure they remediate the risks.
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Complete monthly governance reporting.
Job Requirements:
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A Bachelor’s Degree.
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Five to seven years of experience conducting consumer compliance testing or audits within banking, financial services or examination experience at a financial industry regulator.
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Five to seven years of experience working with US Banking consumer regulations (CRM and/or Securities or Insurance Industry regulation knowledge is a plus).
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Knowledge of banking products, processes, systems and controls
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Highly effective at identifying compliance risks, determining root causes and recommending actionable solutions.
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Experience conducting control design assessments and operating effectiveness testing.
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Excellent analytical, communication and report preparation skills.
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Familiarity with workpaper system(s) and workpaper
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Manage time effectively and meet deliverable due dates.
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Ability to communicate effectively with all levels of personnel.
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Confidence to professionally challenge stakeholders
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Capable of dealing with conflict and achieving solutions through negotiation.