Compliance Testing Analyst

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

About the role

The Compliance Testing Analyst is part of our Risk team. They are responsible for conducting compliance control testing activities for regulatory compliance requirements applicable to Old National lines of business. This individual must be able to research and understand regulatory requirements, follow department procedures to execute testing steps 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.

Responsibilities

• Conduct compliance control testing activities for regulatory compliance requirements.
• Research and understand regulatory requirements, including changes or updates, 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, root causes, and recommend corrective actions.
• Document findings/exceptions, root cause, and corrective action/recommendations in a 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 the report.
• Complete all checklists, job aids, spreadsheets, etc., and save in electronic workpapers.
• Assist the Compliance Testing Manager in updating findings management tracking logs.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law, or related field.
• 3+ years of 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, and ability to work 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 variables, and propose solutions.
• Proficiency with Microsoft Office Suite, particularly Excel and Word.
• Ability to learn and understand technology, banking systems, and reporting functions.

Pay

The salary range for this position is $51,700 - $101,500 per year plus bonus. The base salary indicated reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on factors including the specific responsibilities of the position, the candidate’s relevant skills and professional experience, educational qualifications, and geographic location.

Benefits

• Medical, dental, and vision insurance.
• 401K retirement plan.
• Continuing education opportunities.
• Employee assistance program.
• 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.