Compliance Testing Analyst

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

The Compliance Testing Analyst is part of our Risk team. They are responsible for conducting compliance control testing activities for regulatory compliance requirements applicable to Old National lines of business. This individual must be able to research and understand regulatory requirements, follow department procedures to execute testing steps to evaluate the effectiveness of key compliance controls, and identify weaknesses or violations of law.

The person will work closely with their Manager, teammates, and other subject matter experts to plan the testing review approach/steps in alignment with the review scope and allotted timeframe, execute and document testing activities (in electronic work papers), and clearly and concisely communicate results in meetings and in written reports.

Salary Range

The salary range for this position is $51,700 - $101,500 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities The person shall be directed by the Compliance Testing Manager to complete compliance testing activities designated within the Bank's testing plan. For assigned items, the person will be responsible for the following key tasks within each phase of the testing process:

Planning:
• Maintain a current knowledge of applicable laws, regulations, and issues.
• Research and obtain an understanding of the regulatory requirement(s), including any changes or updates to the requirements, and business processes to be tested.
• Work with the Testing Manager and/or other Subject Matter Experts to review, adjust or develop compliance testing steps to accomplish the objective of the planned test and complete scoping document.
• Create information request lists and review, update or develop any spreadsheets/worksheets/reports (supporting electronic work papers) required to complete the testing.

Execution:
• Perform compliance testing steps, which may include transactional testing on a statistical sampling basis up to full reviews of the compliance control environment.
• Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing.
• Identifying potential compliance issues, the root causes and recommend any corrective actions.

Reporting:
• Document findings/exceptions, root cause and corrective action/recommendations in written report.
• Participate in and/or lead formal exit meetings with management, as directed.
• Obtain line of business management's response to findings/exceptions identified in report.
• Complete all checklists, job aids, spreadsheets, etc. and save in electronic work papers.
• Assist the Compliance Testing Manager in updating findings management…