Compliance Testing Analyst, Senior

JOB_REQUIREMENTS

Hires in

Not specified

Employment Type

Not specified

Company Location

Not specified

Salary

Not specified

Every career journey is personal. That's why we empower you with the tools and support to create your own success story.

Be challenged. Be heard. Be valued. Be you ... be here.

Job Summary

The Compliance Analyst Senior role is an individual contributor that focuses on the development and execution of internal compliance and control reviews. This position will expand to encompass self-assurance activity validation across various business processes for Bread Financial and its Affiliates. The Compliance Testing Analyst conducts testing engagements in accordance with the Enterprise Testing Procedures and other applicable corporate policies or procedures.

Essential Job Functions:

Quarterly Compliance Projects / Adhoc Reviews:
Conducts and leads on assigned Quarterly Compliance Projects and/or Ad-hoc reviews by assessing the applicable laws and risks and utilizing knowledge of the business area or process and regulatory requirements to develop appropriate scope for review, test attributes, sampling methodology etc.
Independently leads and ensures successful completion of project from planning, fieldwork, and reporting in timely manner within acceptable quality standards.
Tests the adequacy of compliance controls in place within the business and identifies potential and actual control deficiencies by conducting an independent RCSA review by executing design and operating effectiveness testing of the control as per the Control Testing Methodology.
Creates and executes on scope by conducting qualitative (business process review, reporting review, training review, monitoring review) and quantitative reviews (transactional tests, data analytics) during fieldwork.
Creates work papers that clearly articulate the work performed and results obtained and communicates the conclusion of the test to the internal stakeholders (Business partners, First Line & Compliance Advisors) and explains the risk associated with the results based on substantive evidence.
Performs peer reviews on analyst work, where applicable, on assignments completed by team members to achieve testing objectives and meet deadlines. Performs quality reviews on active and completed tests and provides constructive feedback to the team and highlights improvement areas.
Leads and creates knowledge sessions, inclusive of process enhancements / best practices discussions with/for the department.
Conducts monthly issue validations on higher risk issues assigned each month.

Automated testing / Data Analytics:

Builds on automated testing and data analytic tests identified during quarterly projects, ad-hoc reviews, and stretch assignments by utilizing data analytics skills, tools, and applications in order to provide management with more qualitative results and awareness of total impact.

Assists team members and management in building automated testing inventory and data analytics opportunities as new risks develop and business strategies emerge / shift.

Documentation:

Prepares monthly reports on automated testing to inform key stakeholders of the outcome of monitoring and review work, including ratings, assigning owners actions and overall status.

Prepares workpapers, draft project reports, and other project deliverables as part of the Quarterly Compliance Project and/or Ad-hoc reviews assigned per the annual test plan and in line with department procedures. Timely updating of Issue validation tracker for monitoring and reporting.

Accurate and timely upload of testing documents related to quarterly projects/ ad-hoc reviews on internal database testing application.

Process Delivery:

Assists in the planning / development of the annual compliance test plan by reviewing business areas, related laws, and regulations to be tested and develop test scope to appropriately assess the adherence to related regulatory requirements.

Assists in other Compliance efforts as needed, such as ad-hoc projects, regulatory exams, internal audits, department updates, etc.

Demonstrates outstanding Verbal and Written Communication skills when working with internal and external partners.

Reports to: Compliance Testing Manager

Working Conditions/ Physical Requirements: Normal office environment / WFH

Direct Reports: None

Minimum Qualifications:

Degree Required: Bachelor's Degree
Degree Preferred: MBA
Area of Study: Business, Audit & Accounting
Years of Work Experience Required: Five to Eight
Type / focus of work experience required: Regulatory Compliance / Operational Risk Management/ Internal Audit/ Internal Controls/ Control Testing/ Automation/ Data Analytics/ SQL/Python

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

About Bread Financial

At Bread Financial, you’ll have the opportunity to grow your career, give back to your community, and be part of our award-winning culture. We’ve been consistently recognized as a best place to work nationally and in many markets and we’re proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled—both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.

Bread Financial®

(NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

To learn more about Bread Financial, our global associates and our sustainability commitments, visit

breadfinancial.com

or follow us on

Instagram

and

All job offers are contingent upon successful completion of credit and background checks.
Bread Financial is an Equal Opportunity Employer.

Job Family:

Enterprise Risk

Job Type:

Regular

Similar jobs

No similar jobs found

Term of use Privacy policy