Senior Compliance Testing Specialist

Bread Financial•Draper, UT

17d•$81,100 - $162,300•Hybrid

About The Position

The Senior Compliance Testing Specialist develops test plans, coordinates and conducts regulatory compliance tests to assess risk and internal controls, evaluate business processes related to compliance activities, and analyze operating procedures. The role provides solution-based guidance to business partners on implementing a compliance management program, applying risk-based guidance and a strong understanding of business processes. The specialist communicates with key stakeholders, influences one to two levels above the role, and serves as a subject matter expert for functions within the department. The position also leads and supports the development of the compliance testing team, including project supervision, associate training, and recurring feedback. It plans and scopes transactional and control-environment tests by assessing applicable laws and risks and uses knowledge of business areas and processes to define appropriate review scopes. The work environment is a normal office environment, remote or hybrid. Associates within 60 miles of a posted Bread Financial location must work in the office three to four days per month. Travel may be required up to 5% annually. The position requires U.S. work authorization without current or future sponsorship.

Requirements

High school diploma or GED.
5–8 years of experience in consumer credit, banking compliance, or a related field.
Ability to travel up to 5% annually.
Must be authorized to work in the United States on a full-time basis without current or future sponsorship.

Nice To Haves

Bachelor’s degree in Business or equivalent education.
Certifications such as CRCM, CERP, CIA, CFSA, ACAMS, PMP, or CPA.
6 or more years of experience in consumer credit lending and banking compliance.
Experience evaluating controls or processes involving regulations such as TILA, ECOA, UDAAP, FCRA, SCRA, and MLA.
Knowledge of and exposure to writing SQL code and extracting and evaluating data from internal warehouses such as EDW, EDH, and Databricks.
Exposure to AI tools and knowledge of evaluating them for consumer compliance and IT risk against relevant guidance and industry frameworks, such as NIST and ISO 42001.

Responsibilities

Lead, motivate, and assist in developing the compliance testing team, including project supervision, associate training, and recurring feedback to compliance testing associates.
Plan and scope compliance transactional-related tests and control-environment tests by assessing applicable laws and risks.
Use knowledge of the business area or process to develop an appropriate scope for review.
Coordinate and conduct regulatory compliance tests to assess risk and internal controls, evaluate compliance-related business processes, and analyze operating procedures.
Engage with the business and provide risk-based guidance on implementing a compliance management program.
Communicate with key stakeholders, influence one to two levels above the role, and serve as a subject matter expert for department functions.

Benefits

Medical, prescription drug, dental, and vision coverage for eligible associates and their eligible dependents.
Voluntary benefits, including basic and optional life insurance, supplemental medical plans, and short- and long-term disability.
Six weeks of 100% paid parental leave for eligible parents after a 180-day waiting period.
401(k) plan with immediate enrollment eligibility.
11 paid holidays.
Flexible Time Off (FTO) program.
Paid Sick and Safe Time (PSST); Illinois associates also receive Illinois Paid Leave.
Opportunity to purchase company stock during offering periods in June and December.
Annual incentive bonus based on individual and company performance.
Career development opportunities.