- Participate in the planning, fieldwork, and reporting phases of assigned Compliance Testing reviews.
- Identify the objective, scope and depth of testing through the review of the risks and controls identified in the Compliance Risk Assessment or any other means.
- Assist in the development and preparation of test scripts and other supporting workpaper documents to ensure testing sufficiently covers regulatory requirements and business unit activities that are in scope for the review.
- Perform testing and complete well documented workpapers to effectively assess the control environment and support testing results and conclusions.
- Schedule and participate in commencement and exit meetings with business unit leaders and stakeholders.
- Prepare draft finding summaries that specify the findings and recommendations for implementing control or process improvements.
- Obtain management agreement of findings through factual correctness conversations.
- Obtain management corrective action plans with respect to any issues identified.
- Document findings and management action plans in accordance with the Bank's Issue Management process.
- Perform follow-up to ensure timely completion of corrective actions and validate remediation activities for issue closure with Team Lead and Senior Manager.
- Participate in other testing and monitoring activities including, KRI and KPI reporting, ad-hoc testing, etc.
- Identify and recommend efficiency improvements to Compliance Testing processes.
- Provide support and guidance to newer members of the Compliance Testing team.
- Participate and perform other functions and special projects as assigned.
- Complete all required compliance and other firm required training.
- Maintain knowledge of and adhere to all applicable internal compliance policies and procedures and other internal policies and procedures applicable to role.
- Maintain knowledge of new and changing applicable compliance rules and regulations.
- Stay informed of changing regulatory requirements and the firm's business model that might impact the firm's compliance framework and the Compliance Testing plan.
- Performs special projects, and additional duties and responsibilities as required.
- Consistently adheres to regulatory and compliance policies and standards linked to the job as listed and complete required compliance trainings. Accountable to maintain compliance with applicable federal, state and local laws and regulations.
- Education level required: Bachelors' Degree or equivalent work experience.
- Minimum experience required: 5+ Years of Financial Services experience, preferably at least half of those years in Compliance Testing, Internal Audit function or a financial services consulting firm (i.e. PWC, E&Y, Grant Thornton, other) with regulatory compliance testing as an area of focus.
- CRCM, ACAMS, or Securities Licenses preferred but not necessary.
- Functional knowledge of consumer protection laws and regulations impacting financial institutions.
- Excellent organization and communication skills.
- Ability to partner effectively across the organization and develop positive working relationships.
- Ability to prioritize assignments and handle multiple projects simultaneously.
- Ability to work both independently and in a team-oriented environment.
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, United StatesPosition Title · Compliance Testing Officer - Financial Crimes · Location · NYCB Plaza -102 (Hicksville, NY) · Job Summary · The Financial Crimes Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with appli ...
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, United StatesPosition Title · Compliance Testing Officer - Monitoring & Reporting · Location · NYCB Plaza -102 (Hicksville, NY) · Job Summary · The Compliance Monitoring and Reporting Officer assists the Compliance Monitoring and Reporting Team in implementing and maintaining the enterprise s ...
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, United StatesPosition Title · Compliance Testing Officer - Private Banking & Wealth Management · Location · NYCB Plaza -102 (Hicksville, NY) · Job Summary · The Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with app ...
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, United StatesThe Financial Crimes Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with applicable laws, rules, regulations and firm policies and procedures related to Financial Crimes Compliance. This position is resp ...
-
Compliance Testing Officer
2 weeks ago
Flagstar Bank Hicksville, United StatesThe Financial Crimes Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with applicable laws, rules, regulations and firm policies and procedures related to Financial Crimes Compliance. This position is resp ...
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, United States Full timePosition Title · Compliance Testing Officer - Monitoring & Reporting Location · NYCB Plaza -102 (Hicksville, NY) Job Summary · The Compliance Monitoring and Reporting Officer assists the Compliance Monitoring and Reporting Team in implementing and maintaining the enterprise ...
-
Compliance Testing Officer
1 week ago
Flagstar Bank Hicksville, NY, United StatesThe Compliance Monitoring and Reporting Officer assists the Compliance Monitoring and Reporting Team in implementing and maintaining the enterprise second line of defense monitoring program. This individual should be knowledgeable in compliance monitoring and testing activities a ...
-
Compliance Testing Officer
5 days ago
Flagstar Bank Hicksville, United States Full timePosition Title · Compliance Testing Officer - Private Banking & Wealth Management Location · NYCB Plaza -102 (Hicksville, NY) Job Summary · The Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with ap ...
-
Office Manager/testing Facility Coordinator
2 weeks ago
Applause New York, United States**Office Manager/Testing Facility Coordinator** · **Objectives of this Role**: · - Coordinate with landlord or suppliers to address site maintenance or improvement issues, ordering general office supplies · - Regularly monitor the site and personnel against documented security po ...
-
Optometry Office Pre-testing and Front Desk
2 weeks ago
Eye Vision Associates Nesconset, United States**Benefits**: · - 401(k) matching · - Employee discounts · - Paid time off · - Training & development · We are looking to find someone to join our team in a busy optometric practice in Nesconset. Job responsibilities include, but are not limited to, pre-testing, ancillary testing ...
-
Compliance Testing Officer
2 weeks ago
Interactive Brokers Group Inc. Greenwich, United StatesJob Description · Interactive Brokers LLC is looking for a motivated and talented Compliance Testing Officer who is knowledgeable of U.S. securities and/or commodities regulations, and has appropriate experience at a broker / dealer, regulatory agency, exchange, accounting firm o ...
-
Compliance Testing Officer
2 weeks ago
Partnership Employment Greenwich, United StatesResponsibilities · Performing broker dealer compliance testing reviews aimed at assessing the organization's ability to comply with applicable regulatory requirements · The testing will focus on key regulatory requirements, controls and processes related to securities, banking pr ...
-
Compliance Testing Officer
1 week ago
Partnership Employment Greenwich, United StatesResponsibilities · Performing broker dealer compliance testing reviews aimed at assessing the organization's ability to comply with applicable regulatory requirements · The testing will focus on key regulatory requirements, controls and processes related to securities, banking ...
-
Compliance Testing Officer
2 weeks ago
Partnership Employment Greenwich, United StatesResponsibilities · Performing broker dealer compliance testing reviews aimed at assessing the organization's ability to comply with applicable regulatory requirements · The testing will focus on key regulatory requirements, controls and processes related to securities, banking ...
-
Compliance Testing Officer
2 weeks ago
Smith Arnold Partners Stamford, United StatesAre you a compliance professional who thrives in a fast-paced entrepreneurial global environment where you will be both rewarded for your efforts and afforded the opportunity to take your career to the next level? Would a role offering exposure to worldwide markets, as well as to ...
-
Compliance Testing Officer
2 weeks ago
Smith Arnold Partners Stamford, United StatesAre you a compliance professional who thrives in a fast-paced entrepreneurial global environment where you will be both rewarded for your efforts and afforded the opportunity to take your career to the next level? Would a role offering exposure to worldwide markets, as well as to ...
-
Compliance Testing Officer
2 weeks ago
RightWorks Staffing Greenwich, United StatesCompliance Testing Officer · Our company is searching for a motivated and experienced compliance officer to guarantee that our business processes and transactions follow all relevant legal and internal guidelines. Your duties will include reviewing employee work, developing comp ...
-
Communications Technician
2 days ago
PSEG Hicksville, United States**Requisition**: 78364 · **PSEG Company**: PSEG Long Island · **Salary Range**: $ $ 59.95 · **Incentive**: Not applicable · **Work Location Category**: Onsite · PSEG operates under a Flexible Work Model where flexible work is offered when job requirements allow. In support of thi ...
-
Compliance Testing Officer
1 week ago
Interactive Brokers Greenwich, United StatesJob Description · Job DescriptionJob DescriptionInteractive Brokers LLC is looking for a motivated and talented Compliance Testing Officer who is knowledgeable of U.S. securities and/or commodities regulations, and has appropriate experience at a broker / dealer, regulatory agenc ...
-
Medical Assistant- Multispecialty Bethpage
6 days ago
Optum Bethpage, United States**Opportunities with Optum in the Tri-State region** (formerly CareMount Medical, ProHEALTH New York and Riverside Medical Group). Come make a difference in the lives of people who turn to us for care at one of our hundreds of locations across New York, New Jersey and Connecticut ...
Compliance Testing Officer - Hicksville, United States - Flagstar Bank
Description
Position TitleCompliance Testing Officer - Consumer & Commercial Banking
Location
NYCB Plaza -102 (Hicksville, NY)
Job Summary
The Compliance Testing Officer is responsible for performing monitoring and testing to ensure that business units are complying with applicable laws, rules, regulations and firm policies and procedures.
This position is responsible for completing compliance testing and monitoring of first line activities to ensure appropriate controls are in place for achieving and maintaining compliance with banking laws and regulations Serve an important role in the Regulatory Compliance Department ensuring an effective Compliance Management Program is in place.
Pay Range:
$84, $112, $168,058.52
Pay Range:
Local Minimum Wage - $0.00 - $0.00
Job Responsibilities:
ADDITIONAL ACCOUNTABILITIES
Required Qualifications:
Preferred Qualifications:
Job Competencies: