Compliance Testing Analyst (#Hybrid at our Chicago HQ near O'Hare Airport)

In this role, you will be responsible to execute compliance testing plan in accordance with the compliance testing schedule to evaluate the credit union’s adherence to policies and procedures, federal, state, and local laws and regulations. Establish successful cross-functional collaboration, identify risks of non-compliance, and effectively communicate potential and confirmed issues to the leadership. 

• Develop and execute testing plans for risk-based and targeted compliance test reviews to assess specific business areas, products, and services at the credit union or third parties.
• Conduct business process walkthroughs and document key controls and identify process gaps and controls weaknesses.
• Analyze and escalate potential findings to determine whether exceptions exist and if so, inform the level of risk associated with the finding.
• Lead issue vetting meetings with the business, conduct root cause analysis and evaluate issue risk rating, ensure adequate and appropriate action plans are in place to remediate and track progress.
• Prepare compliance testing reports that articulate the results of testing and provide relevant and appropriate assessments of the results of such testing.
• Maintain detailed high-quality work papers in accordance with compliance test standards and procedures.

Education:

• High School or equivalent - Minimum
• Bachelors Degree - Business, Computer Science, Information Security or Related - Preferred

Years of Experience:

• 3 years - Compliance testing, internal audit, risk management, management consulting or related - Minimum

You will benefit from:

• Competitive medical, dental, and free vision benefits
• Paid parental leave
• Competitive compensation plan
• Gym memberships discounts
• Generous PTO and banking holidays off 
• Tuition reimbursement
• 401k with immediate employer match and vesting

Adhere to and ensure compliance of all business transactions with policy and process of the Bank Secrecy Act. Ensures compliance with all applicable state and federal laws, company procedures and policies. Maintains integrity and ethics in all actions and conversations with or regarding credit union members and their accounts; complies with Privacy Act directives.

The responsibilities listed do not contain a comprehensive listing of activities, duties or responsibilities that are required of the employee for this position. Duties, responsibilities and activities may change at any time with or without notice.