Overview
Job Description
Department: Compliance
Job Title: Monitoring and Testing Analyst
Reports to: Corporate Compliance Manager
Supervises: None
Position Description/Overview:
Responsibility includes:
Conduct ongoing monitoring and testing to ensure the effective execution and sustainability of the New York Branch’s adherence to all regulatory requirements (including Financial Crimes Compliance) and escalate any issues of non-compliance
Test regulatory requirement-related controls in business-level procedures or policies and identifying control deficiencies
Develop reports of regulatory requirement control deficiencies including documentation of findings and tracking remediation objectives
Ensure written testing results are thoroughly documented, clearly understood, and escalated appropriately
Participate in planning, execution, and reporting of compliance assurance reviews and compliance and regulatory issue validation
Stay up to date on federal and state compliance updates and changes to regulations
Support in development of formal Compliance monitoring and testing policies and procedures
Knowledge/Skill Requirements:
Bachelor’s degree required
Familiarity with U.S. Laws and Regulations
Familiarity with Corporate Banking and Financial Institutions business and relevant products / services (e.g. Letters of Credit, Trade Finance, Clearing)
Superior written and verbal skills in order to communicate with senior management and staff
Able to operate in team environments, especially in cross-functional teams
Strong computer skills including Word, Excel and PowerPoint
Background in either compliance preferred
Strong analytical, investigative, and reporting skills
Job Order ID: 1388
To apply for this job email your details to margaret@mjboyd.net