6425 Compliance Audit & Control Testing Specialist

Summary:
The Compliance Audit & Control testing specialist will be responsible for developing and executing testing of key compliance controls on a periodic basis to identify any potential deficiencies.
The scope of Compliance programs includes Sanctions, AML & KYC regulations globally.
This position is responsible for performing detailed testing of processes on the company platform to ensure controls are working as expected.
Development of metrics and reporting on this control testing plan will be imperative to ensure management is kept up to date on results.
This role will also ensure that detailed remediation plans are developed for any identified deficiencies, tracked through timely completion, and perform follow up testing to ensure no repeat issues occur.
This role may also assist in operational quality assurance activities and support other audit initiatives, as needed.

Duties:
Develop and implement an effective control testing plan over key compliance controls related to sanctions and other programs to ensure controls are working as expected.
Utilize SQL skills to perform independent data analysis of key compliance controls to identify potential anomalies.
Collaborate with other governance team members on ad hoc internal control testing program to ensure key regulatory requirements are monitored, issues identified are appropriately remediated, and results are communicated with key stakeholders.
Support the US audit program for all AML, KYC, and Sanctions activities, covering periodic independent assessments, model validations, and state regulatory exams.
Responsible for compliance issue management, managing remediation activities across the team, confirming gaps are addressed appropriately, and monitoring is put in place to ensure continued compliance.
Distill actionable insights from testing to improve the quality of compliance processes.
Present findings to management and collaborate to determine appropriate action plans.
Work closely with compliance team members to determine root cause of issues, provide coaching, and determine necessarily follow up actions.
Ability to get up to speed on new processes and regulatory requirements quickly, to provide actionable feedback prior to launch.
Ability to review complex process and procedure documents with attention to detail to identify potential issues, inaccuracies, or areas of risk.
Create, manage, and maintain metrics to monitor control testing program.
Maintain a comprehensive understanding of Compliance’s current processes.

Job Requirements:
Bachelor’s Degree or Technical Equivalent
5+ Years work experience, with demonstrated experience in regulatory compliance, audit, control testing, quality assurance, risk management, or related fields.
Preferred AML/Sanctions testing experience directly.
Proficiency in SQL to allow for independent development of queries and analysis.
Demonstrated experience working with compliance AML, KYC, or Sanctions and/or audit.
Strong process thinker.
Superior attention to detail.
Ability to manage multiple projects while maintaining a high degree of quality.
Ability to work closely and build trust with investigators and management.
Exceptional organization and process management ability.
Mission-driven, enthusiastic to learn and grow within the Company’s community and embody our Core Values.
Team-oriented with a positive, can-do attitude.
Ability and desire to work in a fast-paced environment.
Professional Certification in compliance risk management or audit preferred.

PLEASE NOTE: Our client has mandated COVID-19 vaccination for their workforce, all external personnel providing services to our client are required to comply with this requirement.

Compensation Range: $52 to $56.42/hr