Compliance Monitoring & Testing AVP

Madison-Davis, LLC; Woodbridge Township (NJ); On-site; USD 100,000 - 140,000; Full time

Job summary

Madison-Davis, LLC is seeking an experienced Compliance Monitoring & Testing professional to strengthen its regulatory oversight function in New Jersey. The role focuses on evaluating controls, identifying regulatory risks, executing independent testing reviews, and recommending improvements to strengthen the compliance framework.

Ideal candidates demonstrate hands-on testing experience, strong analytical skills, and the ability to manage reviews independently while partnering with senior

Qualifications

• Bachelor's degree required.
• 3–5 years of experience in compliance testing, monitoring, internal audit or risk management within financial services.
• Experience developing and executing compliance testing plans.
• Knowledge of financial services regulations including prudential requirements, BSA/AML and privacy obligations.
• Strong analytical, problem-solving and regulatory interpretation skills.
• Excellent written communication skills and ability to prepare testing reports.
• Ability to manage multiple priorities with minimal supervision.

Responsibilities

• Conduct risk-based compliance monitoring and testing across business functions.
• Evaluate internal controls and regulatory requirements to determine testing priorities.
• Identify control weaknesses and remediation needs.
• Prepare clear testing reports with findings and corrective actions.
• Offer independent judgment on complex compliance issues and solutions.
• Monitor regulatory changes and assess impact on controls.
• Support adherence to BSA/AML and privacy regulations.
• Collaborate with stakeholders to evaluate regulatory risks and control effectiveness.
• Contribute to updating compliance policies, procedures and risk practices.
• Enhance testing methodologies and reporting templates.
• Manage testing assignments independently and ensure timely deliverables.
• Communicate findings and recommendations to management and partners.
• Build strong relationships across compliance, risk, audit and business teams.

Skills

Compliance testing

Risk assessment

Regulatory interpretation

Analytical skills

Report writing

Stakeholder management

Excel

PowerPoint

SharePoint

Education

Bachelor's degree

Tools

Archer

Job description

A leading financial services organization is seeking an experienced Compliance Monitoring & Testing professional to support its regulatory compliance oversight function. This role will focus on evaluating compliance controls, identifying regulatory risks, executing independent testing reviews, and recommending improvements to strengthen the organization's compliance framework. The ideal candidate is a proactive, detail-oriented professional with strong analytical skills, hands-on compliance testing experience, and the ability to manage reviews independently while partnering with senior stakeholders.

RESPONSIBILITIES

• Compliance Testing & Risk Assessment Plan, scope, and execute risk-based compliance monitoring and testing reviews across business functions.
• Evaluate internal controls, regulatory requirements, and compliance risk assessments to determine testing priorities.
• Identify control weaknesses, regulatory gaps, and areas requiring remediation.
• Prepare clear, concise testing reports outlining findings, risk implications, and recommended corrective actions.
• Apply independent judgment when assessing complex compliance issues and determining appropriate solutions.
• Regulatory Oversight & Advisory Monitor changes in financial services regulations and assess their impact on existing compliance controls.
• Support adherence to applicable regulatory requirements, including prudential standards, BSA/AML, and privacy regulations.
• Partner with compliance advisory teams and business stakeholders to evaluate regulatory risks and control effectiveness.
• Contribute to the enhancement of compliance policies, procedures, and risk management practices.
• Program Enhancement & Stakeholder Management Recommend improvements to testing methodologies, reporting templates, and monitoring procedures.
• Manage testing assignments independently, ensuring accurate deliverables and timely completion.
• Communicate findings and recommendations to management and relevant business partners.
• Build effective working relationships across compliance, risk, audit, and business teams.
• Influence remediation efforts and control improvements without direct management authority.

QUALIFICATIONS

• Bachelor's degree required.
• 3 5 years of experience in compliance testing, compliance monitoring, internal audit, or risk management within financial services.
• Demonstrated experience developing and executing compliance testing plans.
• Knowledge of financial services regulations, including prudential requirements, BSA/AML, and privacy obligations.
• Strong analytical, problem-solving, and regulatory interpretation skills.
• Excellent written communication skills, including the ability to independently prepare professional testing reports.
• Ability to manage multiple priorities, identify issues, and drive outcomes with minimal supervision.
• Advanced proficiency in Microsoft Excel, Word, PowerPoint, and SharePoint.

PREFERRED EXPERIENCE

• Advanced degree such as a JD or MBA.
• Professional certifications in compliance, auditing, testing, or risk management.
• Experience interacting with financial services regulators or supporting regulatory examinations.
• Familiarity with GRC platforms such as Archer.
• Understanding of financial market infrastructure, clearing and settlement activities, or financial market utilities.
• Knowledge of Federal Reserve supervisory expectations, including SR 08-8.
• Experience improving compliance testing frameworks, methodologies, and internal processes.