Zions Bank recognizes that its success comes from the dedication, experience and talents of its diverse employee base. As we usher in the next generation of banking, we're committed to being the premier employer of choice. We're proud to have ranked among American Banker magazine's "Best Banks to Work For" almost every year since 2013, as Best Employer from Utah's Best of State, among the Best Places to Work in Idaho, and "among the Salt Lake Tribune's Top Workplaces. Make the leap into a new era of banking. Let us transform your career.
With benefits starting on day one, 12 bank holidays, profit sharing and company-matched 401(k) contributions, Zions is committed to career growth and advancement. At Zions, the possibilities are endless. You bring the talent; we bring the opportunity.
Compliance risk is inherent in all bank products, services, and activities, and the effective management of compliance risk is a fundamental element of enterprise risk management. The Compliance Assurance (CA) department and the Control Testing team operate within Compliance Risk Management, a second line of defense function dedicated to promoting effective compliance practices across the Bank. The Control Testing team is responsible for executing independent control testing and validation activities designed to evaluate compliance with internal policies, regulatory requirements, and established risk management standards.
Responsibilities:
Responsibilities include efficiently and systematically analyzing, evaluating, and monitoring the effectiveness of compliance controls, identifying errors and potential risks, opening findings, providing recommendations for improvement, and reporting test results on an ongoing basis.
Specific responsibilities include the following:
- Work closely with key stakeholders to ensure controls align with the Bank's Enterprise Control Management Program (ECMP) and accompanying standards.
- Review, analyze and evaluate control applicability to regulatory authoritative sources, business processes, and procedures.
- Perform data analysis and testing to support conclusions regarding the effectiveness of controls in mitigating compliance risks.
- Analyze and interpret data to support conclusions and identify process improvement and risk mitigation opportunities, including the development, implementation, and enhancement of key and non-key controls.
- Perform periodic control self-testing activities to ensure Compliance Risk Management (CRM) controls are appropriately designed and effectively operating to manage risks to an acceptable level.
- Perform independent testing of compliance controls to ensure they are appropriately designed and effectively operating to manage risks to an acceptable level.
- Perform control testing validation activities to ensure compliance controls are identified, challenged, and properly tested.
- Communicate feedback to control owners, process owners, and management regarding errors and other such control deficiencies.
- Review and assess root cause of significant control failures and perform associated post event monitoring and reviews, as needed.
- Open compliance risk findings, establish relevant and meaningful remediation plans, and monitor managements progress toward implementing such activities.
Job Qualifications:
- A bachelor degree in Accounting, Finance, Business Administration, Statistics, Math Economics, or a related field and
- 0-2 years experience in audit, risk management, compliance, financial services, or other directly related experience is preferred.
- Strong interpersonal, critical thinking, problem resolution and analytical skills required.
- Must have excellent presentation and communication skills, both verbally and written.
- Ability to effectively build relationships, work on cross-departmental teams and engage with senior management.
- Knowledge of business process analysis and workflow is preferred.
- Experience working with banking applications and data in a reporting capacity is preferred.
- A combination of education and experience may meet qualifications.
Location:
- This position is fully in office (5 days a week) at the Zions Technology Center - 7860 South Bingham Junction Blvd, Midvale, UT 84047
Benefits:
- Medical & Dental Insurance & Vacation & Profit Sharing - START DAY ONE!
- 401(k) plan, competitive compensation in line with work experience.
- Most roles eligible for sales bonuses + monthly incentives and/or annual discretionary bonus, some roles include mileage + travel time pay, and/or parking waivers (must meet eligibility requirements
- Paid Training, Paid Vacation, Paid Holidays, and promotional opportunities offered from within
- Tuition Reimbursement for qualifying employees
- Stable Employer, we are a division of Zions Bancorporation and included in the S&P 500 & NASDAQ Financial 100 indices