What are the responsibilities and job description for the Compliance Testing Analyst-CP1447 position at Academy Bank, N.A.?
Summary:
The Compliance Testing Analyst assists in the implementation and daily operation of the financial institution’s Compliance Testing Program. The Compliance Testing Analyst is well-versed in federal and state banking regulations and performs a variety of duties to ensure regulatory requirements and operational policies and procedures are effectively implemented and monitored for all institutions. The analyst may conduct research, perform internal reviews, identify compliance problems, and root cause, and work with associates outside the Compliance department to problem solve and justify testing findings, and provide detailed summaries to the manager for review.
Principal Accountabilities:
- Perform testing as assigned in accordance with compliance testing program, including monthly, quarterly, and “as needed” testing tasks.
- Engage in root cause analysis related to compliance testing errors.
- Work with various business units as directed by manager.
- Participate in interactive assessment sessions with the department manager.
- Manage monthly training requirements, assigned testing, and report production.
- Conduct all duties in compliance with applicable laws, regulations, and Bank policies and procedures.
- Maintain current knowledge of laws, regulations, policies, and procedures applicable to the job assignment.
- Assist in preparation for audits including collection and review of submitted materials.
- Promote compliance, application of internal operating controls, and adherence to Bank policies and procedures.
- Participate in Compliance team meetings as needed and directed.
- Ensure work premises constitutes a safe work environment that promotes positive bank image, including regular inspection for and remediation of any hazardous conditions; regular maintenance and cleaning of premises; adherence to all posting requirements in jurisdiction, including human resources and compliance postings; and provision of comfortable and appropriate space for associates to conduct banking business.
- Understands, embodies, communicates, and instills corporate initiatives and vision, including the six Pillars of Success.
- Maintains client information in complete confidence.
- Completes other specified duties as assigned.
- Regular attendance required, working at the assigned worksite, or assigned remote location during regular business hours and/or assigned hours.
