Compliance Testing Specialist
Start a Rewarding Career with Alliant
What will your day look like?
You will be responsible for executing the annual compliance testing plan in accordance with the Compliance Testing Schedule to evaluate the credit union's adherence to policies and procedures, federal, state, and local laws and regulations. The incumbent will work with different levels of management and personnel to establish successful cross-functional collaboration, identify risks of non-compliance, and effectively communicate potential and confirmed issues to the leadership. General direction is received from the Manager, Compliance Testing and Risk Assessments.
Responsibilities
Do you see yourself doing this?
- Developing and executing testing plans for risk based and targeted compliance testing reviews to assess specific business areas, products, and services at the credit union or third parties.
- Conducting business process walkthroughs and documenting key controls, identifying process gaps and controls weaknesses.
- Analyzing and timely escalation of potential findings to determine whether exceptions exist and if so, the level of risk associated with the finding.
- Leading issue vetting meetings with the business, conduct root cause analysis and evaluate issue risk rating, ensure adequate and appropriate action plans are in place to remediate and track progress.
- Preparing compliance testing reports that clearly articulate the results of testing and provide relevant and appropriate assessments of the results of such testing.
- Maintaining detailed high-quality work papers in accordance with compliance testing standards and procedures.
Qualifications
What makes you a great fit?
You'll be a great fit if in addition to the completion of a High Scool or equivalent required, Bachelor's Degree preferred, and you have:
- 3+ years' experience in a compliance testing, internal audit or management consulting, preferably in the financial services industry
- Broad financial services knowledge and industry best practices for continuously improving a proactive Compliance Management System
- Solid understanding of testing, audit, or risk management processes
- Excellent analytical skills
- Exceptional written and verbal communication skills
- Detail oriented with good time management skills
- Demonstrated ability to handle multiple assignments simultaneously in a time-bound schedule
When you're happy, we're happy!
As a thank you for joining our team, you'll benefit from:
- Competitive medical, dental, and free vision benefits
- Competitive compensation plan
- Contributions towards gym memberships
- Generous PTO and banking holidays off
Still not convinced?
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