Compliance Testing Analyst

Essential Functions

• Assist in executing the Compliance Monitoring and Testing Program to identify and manage compliance risks in the Payments Division.
• Maintain knowledge of federal regulations and use the FDIC Consumer Compliance Exam Manual for reviews.
• Understand relevant laws and regulations, including Third-Party Risk Management, Electronic Funds Transfers Act, Gramm-Leach-Bliley Act, and others.
• Conduct detailed transactional testing and analysis to evaluate regulatory risk processes and controls.
• Complete test scripts and workpapers accurately with supporting documentation.
• Document observations and exceptions clearly, providing evidence for findings.
• Communicate proactively with management for updates and escalate concerns promptly.
• Support in drafting review findings and reports, ensuring accurate compliance findings and remediation.
• Ensure identified issues are logged in the Issues Management system.
• Facilitate collaboration with compliance, legal, payments teams, and senior management as needed.

Knowledge/Skills/Abilities

• Effective communication skills, both verbal and written.
• Ability to manage multiple deadlines and tasks in a fast-paced environment.
• Strong attention to detail and data accuracy.
• Excellent organizational and analytical skills.
• Problem-solving capabilities, able to synthesize information and draw conclusions.
• Self-motivated and team-oriented, open to feedback.
• Interpersonal skills for interaction with all management levels.
• Knowledge of payment program regulations and experience in planning tests and identifying issues.

Qualifications

• Education: Bachelor's degree required.
• Licenses/Certifications: CRCM, CIA, CAMS, or similar certifications preferred.
• Experience: 1-3 years in compliance testing, monitoring, or auditing within financial services. Familiarity with regulatory environments and compliance assurance. Alternatively, 5 years of relevant work experience.