Compliance Analyst, Testing

The Compliance Testing Analyst is responsible for performing compliance testing duties as assigned in support of the Bank’s Compliance Management Program to meet the ongoing objectives of Stride Bank and to ensure all banking rules, regulations, and statutory requirements are met.

PRINCIPLE DUTIES AND RESPONSIBILITIES

1. Maintains effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance.
2. Supports the development and maintenance of accurate compliance test scripts to measure the effectiveness of the associated control environment.
3. Assists with determining compliance testing activity scope to align with the Bank’s Compliance Risk Assessment and corporate risk appetite.
4. Assists with updates to compliance test scripts in response to regulatory updates and Supervisory guidance.
5. Compiles requested documentation and formats information needed to conduct compliance testing.
6. Partners with senior compliance teammates and process/data owners to validate data content.
7. Prepares content for meetings with business partners throughout the compliance testing lifecycle. Responsible for providing accurate information regarding observations and testing progress,
8. Provides feedback to help the Bank maintain up-to-date compliance Policies, Program Standards, procedures, guidelines, training documents and other associated forms/documents.
9. Works with senior compliance teammates to develop recommendations for updates to processes and systems that will minimize compliance risk, improve performance and productivity, and ensure that specific areas of the bank comply with all relevant laws, regulations, and standards.
10. Executes assigned testing activities; creates documentation to evidence execution and risk mitigation.
11. Partners with senior compliance teammates to create responses to internal and external compliance inquiries, conducting research and assisting with assessments as necessary.
12. Maintains professional and technical knowledge by researching regulatory changes, reading professional publications, attending educational workshops, establishing personal networks, and participating in professional societies.
13. Assists with document collection and review needed for any third party (OCC, VISA, etc.) audit requests pertaining to compliance.
14. Assesses effectiveness of the implementation and execution of compliance controls.
15. Supports special projects and initiatives as assigned.
16. Performs other duties as assigned.

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree, or equivalent work experience, required.
• 1-2 years’ experience in banking industry, preferred.

KNOWLEDGE, SKILLS, AND ABILITIES

• Ability to work in a fast paced and rapidly evolving market.
• Strong analytical and conceptual thinking skills, with the ability to propose solutions using data.
• Understanding of existing and emerging bank regulations.
• Understanding of audit processes and compliance with required reporting.
• Ability to analyze compliance procedures and standards.