Compliance Testing Analyst

Responsibilities

• Conduct compliance control testing activities for regulatory compliance requirements applicable to Old National lines of business.
• Research and understand regulatory requirements, 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.
• Create information request lists and review, update or develop any spreadsheets/worksheets/reports (supporting electronic workpapers) required to complete the testing.
• Perform compliance testing steps, which may include transactional testing on a statistical sampling basis up to full reviews of the compliance control environment.
• Maintain ongoing communication with the Compliance Testing Manager and line of business prior to, during and after testing.
• Identify potential compliance issues, the root causes, and recommend any corrective actions.
• Document findings/exceptions, root cause, and corrective action/recommendations in written report.
• Participate in and/or lead formal exit meetings with management, as directed.
• Obtain line of business management’s response to findings/exceptions identified in report.
• Complete all checklists, job aids, spreadsheets, etc. and save in electronic workpapers.
• Aid the Compliance Testing Manager in updating findings management tracking logs.

Qualifications

• Bachelor's Degree in Business, Finance, Accounting, Law or related field
• 3+ years experience in banking combined with operations, compliance, lending, audit or relevant business experience
• Experience with compliance testing or internal audit experience preferred
• CRCM or willingness to obtain a CRCM preferred, but not required
• 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
• Ability to read, analyze and interpret governmental laws, regulations and regulatory guidance
• Ability to work independently and/or in a team
• Good 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
• Ability to learn and understand technology, banking systems and reporting functions