Senior Compliance Testing Specialist Job Columbus area,Ohio USA,Finance & Banking

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Job Summary

The Senior - Compliance Testing Specialist develops test plans, coordinates, and conducts regulatory compliance tests to assess risk, internal controls, evaluate internal business processes as they relate to compliance activities, and analyze operating procedures. They provide a solution-based approach through engagement with the business on the implementation of a compliance management program through risk-based guidance and a deep understanding of business processes.

They communicate effectively with key stakeholders and demonstrate the ability to influence 1 to 2 levels above role. They serve as a subject matter expert for various functions within the department.

Essential Job Functions

Lead, motivate, and assist in the development of the compliance testing team, inclusive of project supervision, associate training, and providing feedback to compliance testing associates on a recurring basis. (40%)
Plan and scope compliance transactional-related tests and control environment tests by assessing the applicable laws and risks. (30%)
Utilizing knowledge of the business area or process to develop an appropriate scope for review. (30%)

Minimum Qualifications

High School Diploma or GED. 5-8 years experience in consumer credit, banking compliance, or related field.

Preferred Qualifications

Bachelor’s Degree in Business or equivalent education.

Certifications:

CRCM, CERP, CIA, CFSA, ACAMS, PMP, CPA, etc. 6+ years experience in Consumer Credit Lending and Banking Compliance. Evaluation of controls / processes specific to regulations such as TILA, ECOA, UDAAP, FCRA, SCRA, MLA, etc. Sufficient knowledge and exposure to writing SQL code and extracting and evaluating data from internal warehouses (EDW, EDH, Databricks). Exposure and knowledge with regards to AI tools and how to evaluate them for consumer compliance risk and IT risk against relevant guidance and industry framework (EX NIST / ISO 42001).

Skills

Researching
Issue Identification
Change Management
Risk Management
Risk Assessments
Issue Identification
Solution-Oriented Decision Making

Reports To

Manager and above

Direct Reports

Work Environment

Normal office environment. (Remote or Hybrid), 3 to 4 days per month are required in office if within 60 miles of a posted Bread Financial location.

Travel Ability

Ability to travel up to 5% annually

Physical and Mental Requirements

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship. Communicate/Hearing Communicate/Talking Stationary Position/Seated Typing/Writing Maintain focus in high pressure or fast-paced work environment

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

Salary Range

$81,100.00 - $
Full Salary Range for position:
California: $93,300.00 - $
Colorado: $81,100.00 - $
New York: $89,200.00 - $
Washington: $89,200.00 - $
Maryland: $89,200.00 - $
Washington DC: $93,300.00 - $
Illinois: $81,100.00 - $
New Jersey: $93,300.00 - $
Vermont: $81,100.00 - $
Ohio: $81,100.00 - $
Maine: $81,100.00 - $
Connecticut: $89,200.00 - $
Virginia: $81,100.00 - $

Work Authorization

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