Senior Compliance Testing Analyst

About the role

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.

We continually seek highly motivated and talented individuals as our people are critical to our success.

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.
• 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.
• Perform duties with minimal direction or oversight and with a high degree of quality.
• Assist others on the team as required.

Planning

• 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, 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 as needed.

Execution

• 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 ongoing 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 corrective actions.

Reporting

• Document findings/exceptions, root cause, and corrective action/recommendations in written reports.
• Lead formal exit meetings with management, as directed.
• Obtain line of business management’s response to findings/exceptions identified in the 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.

Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law, or related field.
• 5+ 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 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.
• 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 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.

Benefits

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

Pay

The salary range for this position is $60,000 - $121,300 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.