Demo

US Compliance Testing & Monitoring Manager

Alexander Barnes
New York, NY Full Time
POSTED ON 1/25/2025
AVAILABLE BEFORE 2/21/2025

Alexander Barnes is leading the search for a Compliance Testing and Monitoring Manager to join a fast-growing FinTech transforming corporate credit and payments.


This role will drive the development, execution, and optimisation of compliance monitoring and testing processes, ensuring effective internal controls and adherence to regulatory standards.


Reporting to senior leadership, you'll play a pivotal role in ensuring the business efficiently meets its regulatory obligations


Key Responsibilities


Regulatory Compliance Oversight

  • Ensure compliance with U.S. banking laws and regulations, including BSA/AML, OFAC, Regulation E, Regulation Z, and consumer protection laws (CFPA, ECOA).
  • Develop and maintain frameworks to address evolving compliance areas, including data privacy regulations (GDPR, CCPA).
  • Adapt compliance processes to align with updates in state and federal regulations.

Testing and Risk Management

  • Plan and oversee compliance monitoring and testing activities, focusing on financial crime risks.
  • Implement risk-based methodologies to identify, assess, and mitigate compliance risks.
  • Refine monitoring and testing procedures to ensure relevance and effectiveness.
  • Leverage compliance tools such as Actimize or Verafin to manage risks efficiently.

AML and Sanctions Compliance

  • Oversee sanctions screening processes and ensure alignment with OFAC regulations.
  • Manage timely and accurate filing of SARs and CTRs with FinCEN.
  • Ensure adherence to Enhanced Due Diligence (EDD) and Know Your Customer (KYC) requirements.

Audit and Examination Preparation

  • Lead preparation for internal and external audits, including pre-exam submissions and post-audit remediation.
  • Manage compliance reviews and regulatory examinations with precision.
  • Act as the main point of contact for regulators and internal stakeholders during audits.

Reporting and Documentation

  • Prepare and publish detailed compliance testing reports for senior management.
  • Track and validate corrective actions to ensure effective resolution of issues.
  • Maintain meticulous documentation of findings, actions, and regulatory communications.

Change and Emerging Risk Management

  • Assess compliance risks for new products and market expansion initiatives.
  • Evaluate risks related to emerging technologies, ensuring alignment with regulatory requirements.
  • Monitor and address compliance risks associated with third-party partnerships and vendors.


About You


Experience and Knowledge

  • 3-5 years in regulatory compliance, compliance testing, audit, or risk management within banking, financial services, or FinTech.
  • Deep understanding of U.S. banking laws and regulations (BSA/AML, OFAC, Regulation E, Regulation Z).
  • Experience with consumer protection laws (CFPA, ECOA) and data privacy regulations (GDPR, CCPA).
  • Familiarity with partner bank models and third-party compliance oversight is a plus.

Skills

  • Proficient with AML transaction monitoring systems such as Actimize or Verafin.
  • Strong analytical skills with a proven ability to assess and manage compliance risks.
  • Exceptional written and verbal communication skills, with the ability to present complex information clearly to senior stakeholders.
  • Highly organized with the ability to manage multiple priorities in a dynamic environment.

Attributes

  • Meticulous attention to detail and precision in documentation.
  • A proactive problem solver with a knack for anticipating challenges.
  • Thrives in fast-paced, high-growth environments.

Salary : $140,000 - $170,000

If your compensation planning software is too rigid to deploy winning incentive strategies, it’s time to find an adaptable solution. Compensation Planning
Enhance your organization's compensation strategy with salary data sets that HR and team managers can use to pay your staff right. Surveys & Data Sets

What is the career path for a US Compliance Testing & Monitoring Manager?

Sign up to receive alerts about other jobs on the US Compliance Testing & Monitoring Manager career path by checking the boxes next to the positions that interest you.
Income Estimation: 
$163,270 - $214,905
Income Estimation: 
$195,602 - $261,706
Income Estimation: 
$163,270 - $214,905
Income Estimation: 
$195,602 - $261,706
Income Estimation: 
$123,739 - $165,355
Income Estimation: 
$163,270 - $214,905
Income Estimation: 
$150,417 - $183,047
Income Estimation: 
$73,707 - $95,263
Income Estimation: 
$91,142 - $116,690
Income Estimation: 
$80,876 - $132,043
Income Estimation: 
$101,515 - $131,950
Income Estimation: 
$123,739 - $165,355
Income Estimation: 
$150,417 - $183,047
View Core, Job Family, and Industry Job Skills and Competency Data for more than 15,000 Job Titles Skills Library

Job openings at Alexander Barnes

Alexander Barnes
Hired Organization Address New York, NY Full Time
Alexander Barnes is leading the search for a Senior Compliance Analyst to join a rapidly scaling FinTech transforming th...
Alexander Barnes
Hired Organization Address New York, NY Full Time
Alexander Barnes is leading the search for a Financial Crime Compliance Manager to join a rapidly scaling FinTech transf...

Not the job you're looking for? Here are some other US Compliance Testing & Monitoring Manager jobs in the New York, NY area that may be a better fit.

Compliance Monitoring and Testing Associate

Guggenheim Partners, New York, NY

Compliance Monitoring and Testing Analyst

Guggenheim Partners, New York, NY

AI Assistant is available now!

Feel free to start your new journey!