Compliance Analyst Intern

Kearny Bank•Fairfield, NJ

12d•Onsite

About The Position

The Compliance Summer Internship Analyst will support the Bank’s Compliance Management System (CMS) by assisting with compliance monitoring, testing activities, and data analytics. This internship provides hands-on exposure to regulatory compliance within a financial institution and is designed to develop analytical, critical-thinking, and risk-assessment skills. The intern will work closely with the Department Leads to evaluate controls, analyze data, and help identify potential compliance risks

Requirements

Strong analytical and quantitative skills with attention to detail.
Proficiency in Microsoft Excel; experience with data analysis tools.
Ability to interpret data and communicate findings clearly and concisely.
Strong written and verbal communication skills.
Ability to work independently while collaborating effectively within a team.
Interest in banking regulation, compliance, risk management, or data analytics.

Responsibilities

Assist in the execution of compliance monitoring and testing activities across consumer, commercial and retail banking areas.
Perform transactional testing and file reviews to assess compliance with applicable laws and regulations (e.g., Reg B, Reg CC, Reg Z, CRA, UDAAP, Fair Lending).
Document testing procedures, results, and exceptions in accordance with established compliance testing methodologies.
Assist in tracking issues, corrective actions, and remediation timelines.
Support preparation of monitoring and testing reports and presentations for Compliance Management and senior leadership.
Collect, and analyze compliance-related data from multiple systems and reports.
Use data analytics to identify trends, anomalies, and potential compliance risks.
Assist with fair lending, complaints, and other compliance-related analytics.
Develop dashboards, summaries, and visualizations to support compliance with risk assessments and reporting.
Support data integrity and quality control efforts related to compliance reporting.
Assist with updates to compliance policies, procedures, and monitoring tools.
Provide support for the research and resolution of compliance-related inquiries.
Support with internal audits, including data requests and document organization.
Participate in compliance risk assessments and annual monitoring plan activities.
Contribute to special compliance projects as assigned.