Compliance Officer II - Testing & Analytics; Remote

Position: Compliance Officer II - Testing & Analytics (Remote)
# Compliance Officer II
- Testing & Analytics (Remote)2.halvolink

Full TimejuniorCAPosted 16 days ago##

Role Overview
2.halvolink is hiring a entry-level Compliance Officer II
- Testing & Analytics (Remote). This is a full-time role in CA. Part of 2.halvolink's Risk hiring, posted 2 weeks ago. Full responsibilities, required qualifications, and the apply link are listed in the description below.## Salary Context Salary is not disclosed in this posting. Market median for Junior-level Risk roles is $85k-$110k (based on 67 comparable listings). Many employers share specifics during the interview process or after an initial screen.##

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AuditingORRisk Management Change Management Compliance Privacy Overview United Sign  up free to auto-tailor your resume with all these keywords and get a higher ATS score## Job description

Overview This is a remote role that may be hired in several markets across the United States. This position is part of the Compliance Testing & Analytics team and performs complex compliance testing in various areas through interpretation of banking regulatory requirements, policies and procedures, data collection, gap analysis, reporting, and risk identification. The Compliance Testing & Analytics team is part of the Second Line of Defense Corporate Compliance function responsible for developing and executing the Compliance Risk Management Program of the Bank, which includes implementation of complex regulatory requirements that impact multiple systems, processes, and clients.

This role leads the end-to-end compliance testing of relevant business areas with minimal supervision, including processes, internal controls, and substantive testing of transactions in conjunction with applicable laws and regulations to identify potential violations. Maintains expert knowledge of compliance risks and controls, bank operations, systems, and regulations to provide assurance to senior management over compliance status, including detailed knowledge of new and existing laws that impact enterprise activities;

identifies strategies and efficiencies to mitigate compliance risk. Reports on issues identified for the business to enhance their processes or systems that improve the overall compliance controls environment. Provides a leadership role for less experienced analysts and consultants in the work group and leads special projects. Responsibilities
* End-to-End Testing Executes compliance testing for the assigned areas by following Compliance Testing methodology from planning to reporting. Detailed work includes but is not limited to regulation mapping, scoping and planning with key stakeholders and compliance advisors, risk and control identification, walkthrough with process and control owners in focus areas, following a risk-based approach in designing test plans, executing design and operating effectiveness testing, debriefing with issue owners and senior management on observations, and reporting on findings.
* Data Analysis Sources, validates, and interprets testing population and sample data. Analyzes process and transactional data for discrepancies and risks, and effectively communicates analysis output in support of issue findings.
* Process Documentation Uses compliance testing system to document and track the end-to-end work performed and follows the documentation standard to maintain an audit trail.
* Quality Assurance Responsible for the quality of work produced and follows Compliance Testing process for review and sign-off for each stage of the testing. Ensures the accuracy, compliance, and completeness of required documentation and timely completion of the assigned testing.
* Compliance Expertise Maintains knowledge of laws, regulations, procedures, and policies that affect the assigned business area through ongoing research and industry involvement. Acts as a resource of Subject Matter Expertise for the areas tested, providing inputs and expertise for complex areas. Internal
* Change Management and Continuous Improvement Can quickly adapt to changes in a fast-developing environment. Provides ongoing recommendations to Compliance Testing leaders on process improvement and challenges faced by the team. Keeps a growth mindset and drives candid and open conversations with leaders for personal and team development. Qualifications Bachelor's Degree and 6 years of experience in Compliance, Legal, Audit, Banking OR High School Diploma or GED and 10 years of experience in Compliance, Legal, Audit, Banking

Preferred Qualifications
* Familiar with well-known Controls and Risk Management Frameworks
* General knowledge of consumer and commercial banking business, as well as the relevant regulations for Large Financial Institutions (e.g., for investments/securities, lending, deposits, payments, banking operations, foreign exchange, payments and channels, and data privacy)
* In-depth knowledge of Fed and State regulatory…