Compliance Monitoring & Testing Specialist

TowneBank; Suffolk (VA); On-site; USD 58,000 - 75,000; Full time

Job summary

TowneBank in Suffolk, VA, seeks a compliance professional to perform regulatory monitoring and testing within its Corporate Compliance Monitoring & Testing Program. You will ensure processes across TowneBank and affiliates comply with applicable laws and policies.

Responsibilities include communicating results to management, tracking corrective actions, researching regulatory requirements, and supporting as a subject matter expert. A minimum of two years in banking compliance is required.

Qualifications

• Minimum 2 years of banking or financial services compliance testing, risk management, or audit.
• Proficiency with Microsoft Office applications.

Responsibilities

• Perform regulatory compliance monitoring and testing assignments.
• Communicate results to management efficiently and concisely.
• Follow up on corrective actions for reported findings.
• Maintain status updates with the Compliance Assurance Manager.
• Research regulatory requirements using laws and compliance resources.
• Stay current on consumer protection laws and internal policies.
• Support as a subject matter expert in compliance monitoring and testing.
• Participate in department projects and testing related to mergers and acquisitions.
• Adhere to Anti-Money Laundering laws, including BSA.
• Perform other duties within the scope of the job.

Skills

Written & oral communication

Attention to detail

Independent work style

Team collaboration

MS Office

Banking compliance experience

Education

Bachelor’s degree or compliance-related certification

Tools

GRC software

Job description

TowneBank in Suffolk, VA, seeks a compliance professional to perform regulatory monitoring and testing within its Corporate Compliance Monitoring & Testing Program. You will ensure processes across TowneBank and affiliates comply with applicable laws and policies.

Responsibilities include communicating results to management, tracking corrective actions, researching regulatory requirements, and supporting as a subject matter expert. A minimum of two years in banking compliance is required.