Compliance Testing, Associate Consultant / Consultant

Role Overview

• Responsible for overseeing the review, interpretation, and dissemination of current and proposed laws and regulations
• Provides consultation and advice to partners regarding Compliance risk avoidance
• Establishes business development strategies to minimize risk and assure compliance with applicable laws and regulation
• Review and interpret laws and regulations for the purpose of developing appropriate testing plans
• Independently establish the appropriate scope and test steps for individual reviews
• Conduct and document testing reviews to assess compliance with and adherence to regulations/legislation and internal policies
• Engage with Compliance SMEs to understand any matters for concern related to applicable reviews
• Follow established policies, procedures and standards for testing activities
• Apply analytical skills to review information and determine potential weaknesses or exceptions to policies / processes
• Validate and summarize testing results in clear, concise language
• Detect and advise Compliance and Business Unit management of potential compliance issues and identify changes and/or enhancements to improve efficiencies in procedures
• Track identified issues to closure via periodic follow up with action owners
• Validation testing to ensure actions have been adequately closed
• Develop relationships with Internal Audit to coordinate testing efforts and share results
• Conduct meetings with business unit partners and management to discuss testing results and where applicable challenge management responses
• Support the Regional Manager with ad hoc tasks
• Work effectively as an individual contributor as well as in a team environment
• Develop strong relationships with the first, second and third lines of defense
• May mentor junior level employees and review the work of others

Requirements

• 5-10 years related to compliance, compliance testing/monitoring or auditing
• Educated to graduate (or equivalent)
• Relevant certifications or advanced degree a plus
• Knowledge of regulations and key regulatory developments would be an advantage
• Highly motivated individual who has a proven record of using initiative to resolve problems
• Analytical ability to identify and understand problems as well as to provide effective solutions
• Excellent written and oral communication skills
• Attention to detail
• Confidence and expertise to advise and challenge senior management and the business
• Ability to make decisions on their own and also to be a team player and effective communicator to ensure that issues are appropriately resolved
• Ability to deal effectively with multiple competing deadlines

Benefits

• Flexible and collaborative work culture
• Opportunities for reasonable accommodations for individuals with disabilities
• Commitment to assisting communities