The Senior Compliance Officer, Regulatory Compliance Testing is responsible for the implementation, maintenance, and administration of a specific compliance program. This role involves independently performing risk assessments, developing, executing, and reporting on test procedures to ensure compliance with regulations and internal policies. The officer works with business groups and internal partners to ensure that regulatory, corporate, and fiduciary obligations are met. They advise on the implications of new regulatory developments or internal products and assist in implementing new or revised policies and programs to address them. The officer identifies risks and implements appropriate actions to mitigate them, contributing to business results by providing oversight and making recommendations that significantly impact the Bank's ability to monitor regulatory compliance programs, minimize operational risk, and align with regulatory agencies. They develop and execute comprehensive test plans and procedures for outcome and oversight testing, leading and reviewing other testers in the execution of test plans. The officer documents evidence of testing activities to facilitate ease of reperformance and adherence to internal documentation policies and requirements. They provide advice and guidance on business process design and support risk management activities based on an understanding of business operations and stakeholder needs. The role also involves analyzing and reporting compliance information and testing outcomes to management, recommending changes to applicable business processes, policies, and procedures, and supporting root cause analysis in response to material control failures.