Compliance Testing Analyst

Compliance Testing Analyst

The Compliance Testing Analyst is part of our Risk team. They are responsible for conducting compliance control testing activities for regulatory compliance requirements applicable to Old National lines of business. This individual must be able to research and understand regulatory requirements, follow department procedures to execute testing steps to evaluate the effectiveness of key compliance controls, and identify weaknesses or violations of law. The person will work closely with their Manager, teammates, and other subject matter experts to plan the testing review approach/steps in alignment with the review scope and allotted timeframe, execute and document testing activities (in electronic workpapers), and clearly and concisely communicate results in meetings and in written reports.

Salary Range: $51,700 - $101,500 per year plus bonus. The base salary indicated for this position reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities of the position, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities: The person shall be directed by the Compliance Testing Manager to complete compliance testing activities designated within the Bank's testing plan. For assigned items, the person will be responsible for the following key tasks within each phase of the testing process:

• Planning: Maintain a current knowledge of applicable laws, regulations, and issues. Research and obtain an understanding of the regulatory requirement(s), including any changes or updates to the requirements, and business processes to be tested. Work with the Testing Manager and/or other Subject Matter Experts to review, adjust or develop compliance testing steps to accomplish the objective of the planned test and complete scoping document. Create information request lists and review, update or develop any spreadsheets/worksheets/reports (supporting electronic workpapers) required to complete the testing.
• Execution: Perform compliance testing steps, which may include transactional testing on a statistical sampling basis up to full reviews of the compliance control environment. Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing. Identifying potential compliance issues, the root causes and recommend any corrective actions.
• Reporting: Document findings/exceptions, root cause and corrective action/recommendations in written report. Participate in and/or lead formal exit meetings with management, as directed. Obtain line of business management's response to findings/exceptions identified in report. Complete all checklists, job aids, spreadsheets, etc. and save in electronic workpapers. Assist the Compliance Testing Manager in updating findings management tracking logs.

Qualifications and Education Requirements: Bachelor's Degree in Business, Finance, Accounting, Law or related field. 3+ years experience in banking combined with operations, compliance, lending, audit or relevant business experience. Experience with compliance testing or internal audit experience preferred. CRCM or willingness to obtain a CRCM preferred, but not required. Attention to detail, strong time management skills, works well under deadlines. Excellent communication, presentation and interpersonal skills. Thorough understanding of auditing/examination techniques. General knowledge of applicable state and federal banking laws and regulations and of bank services, policies, and procedures. Ability to read, analyze and interpret governmental laws, regulations and regulatory guidance. Ability to work independently and/or in a team. Good problem-solving skills with the ability to define problems, analyze the variables and propose solutions. Required competency with Microsoft Office Suite, particularly Excel and Word. Ability to learn and understand technology, banking systems and reporting functions.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.