Senior Compliance Testing Analyst

Old National Bank • Brookfield, WI

1d

About The Position

Old National Bank has been serving clients and communities since 1834, with over $70 billion in total assets. They are a regional powerhouse deeply rooted in the communities they serve, committed to social responsibility and investing in their communities through volunteering and charitable giving. The Senior Compliance Testing Analyst is responsible for conducting compliance control testing activities for various complex regulatory compliance requirements applicable to Old National lines of business. This individual must possess the requisite technical knowledge, experience and auditing skills to evaluate the effectiveness of key compliance controls, and identify weaknesses or violations of law. The person will work closely with their Manager, teammates, and other subject matter experts to plan the testing review approach/steps in alignment with the review scope and allotted timeframe, execute and document testing activities (in electronic workpapers), and clearly and concisely communicate results in meetings and in written reports. As a Senior Compliance Testing Analyst, this person will be expected to perform their duties with minimal direction or oversight and with a high degree of quality, and will also be responsible for assisting others on the team, as may be required.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law or related field.
• 5+ years experience in banking combined with operations, compliance, lending, audit or relevant business experience.
• Attention to detail, strong time management skills, works well under deadlines.
• Excellent communication, presentation and interpersonal skills.
• Thorough understanding of auditing/examination techniques.
• General knowledge of applicable state and federal banking laws and regulations and of bank services, policies, and procedures.
• Strong ability to read, analyze and interpret governmental laws, regulations and regulatory guidance.
• Ability to work independently and/or in a team.
• Advanced problem-solving skills with the ability to define problems, analyze the variables and propose solutions.
• Required competency with Microsoft Office Suite, particularly Excel and Word.
• A strong technology acumen, including the ability to utilize banking systems, obtain or design reports and analyze data.

Nice To Haves

• Experience with compliance testing or internal audit experience.
• CRCM preferred.

Responsibilities

• Conduct compliance control testing activities for various complex regulatory compliance requirements applicable to Old National lines of business.
• Evaluate the effectiveness of key compliance controls and identify weaknesses or violations of law.
• Work closely with Manager, teammates, and other subject matter experts to plan the testing review approach/steps in alignment with the review scope and allotted timeframe.
• Execute and document testing activities (in electronic workpapers).
• Clearly and concisely communicate results in meetings and in written reports.
• Perform duties with minimal direction or oversight and with a high degree of quality.
• Assist others on the team, as may be required.
• Maintain a current knowledge of applicable laws, regulations and issues.
• Research and obtain an understanding of the regulatory requirement(s), including any changes or updates to the requirements, and business processes to be tested.
• Work with the Testing Manager and/or other Subject Matter Experts to review, adjust or develop compliance testing steps to accomplish the objective of the planned test and complete scoping document.
• Review and approve scope documents completed by Testing Analysts, as needed.
• Create information request lists and review, update or develop any spreadsheets/worksheets/reports (supporting electronic workpapers) required to complete the testing.
• Assist Compliance Testing Analysts with planning activities.
• Perform compliance testing steps, which may include transactional testing on a statistical sampling basis up to full reviews of the compliance control environment.
• Complete second review of testing analyst workpapers and worksheets, as assigned.
• Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing.
• Work with Testing Analysts to identify and confirm potential compliance issues, the root causes and recommend any corrective actions.
• Document findings/exceptions, root cause and corrective action/recommendations in written report.
• Lead formal exit meetings with management, as directed.
• Obtain line of business management’s response to findings/exceptions identified in report.
• Complete and/or review all checklists, job aids, spreadsheets, etc. and save in electronic workpapers.
• Assist the Compliance Testing Manager in updating findings management tracking logs.

Benefits

• Competitive compensation with our salary and incentive program
• Medical insurance
• Dental insurance
• Vision insurance
• 401K
• Continuing education opportunities
• Employee assistance program
• Variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization

What This Job Offers

• Job Type: Full-time
• Career Level: Senior
• Number of Employees: 501-1,000 employees