Compliance Testing Officer – VP

Office Status: Hybrid (3 days per week in office)

Salary: $170,000

Responsibilities:

• Performs detailed compliance reviews of the various Banking business units within the Organization, in conjunction with the Compliance Testing Unit Plan.
• Examine the Bank’s policies and procedures, putting particular special emphasis on conformity to applicable US Banking laws and regulations and document these changes in the testing workpapers.
• Prepare detailed workpapers for each compliance review, consisting of planning memos, test programs, sample rationale documents, tailored regulatory risk mapping, detailed test work workpapers consisting of spreadsheets & narratives and final compliance reports, in compliance with Testing Unit’s Policies and Procedures.
• Ensure proper audit trail is maintained
• Prepare comprehensive compliance reports for the Chief Compliance Officer, the Executive Committee and Senior Management.
• Monitor outstanding compliance issues identified during each compliance review to ensure findings are tracked and corrective action plans are implemented timely.
• Prepare the presentation of Testing Reviews Findings to Head of Divisions
• Monitor outstanding compliance issues identified during each compliance review to ensure findings are tracked and corrective action plans are implemented timely.