Compliance Quality Control Analyst II

First Command; Fort Worth (TX); On-site; USD 65,000 - 100,000; Full time

Job summary

First Command seeks a Compliance Quality Control Analyst II to support the Bank’s consumer compliance monitoring program in Fort Worth, TX. The role tests controls across regulations, compiles evidence in Excel, and reports findings to management as part of the second line of defense.

The ideal candidate has a bachelor’s degree and a minimum of three years in banking compliance or QA, plus experience with QA testing and banking software. Strong communication skills are essential.

Qualifications

• Bachelor’s degree required; equivalent experience may be considered.
• At least 3 years Banking experience in a Compliance/QA context preferred.
• Experience in a dedicated testing function (QA/Quality Control or Internal Audit).
• Experience with banking software tools is preferred.
• Certifications (CIA, CRCM, CFE) are a plus.

Responsibilities

• Assist with Quality Control testing of consumer compliance programs.
• Collect data from bank systems for sampling and detail review.
• Document work papers and draft testing reports.
• Coordinate with Compliance team to identify root causes and follow-up actions.
• Support internal audits and regulatory requests as needed.
• Attend Compliance Committee meetings and communicate findings.

Skills

Excel

SQL

Attention to detail

Regulatory knowledge

Stakeholder communication

Education

Bachelor’s degree

Tools

Jack Henry

Cognos

Verafin

Actimize

Job description

How will this role impact First Command?

FCB’s (\"Bank\") Compliance Quality Control Analyst II (\"Analyst II\") will be responsible for supporting the Bank’s consumer compliance monitoring program, part of the Bank’s \"second line of defense,\" by testingkey compliance controls on an ongoing basis to identify regulatory violations or other deficiencies across the bank. Examining processes, controls, and records; documenting work papers; interacting with all levels of Bank management, and presenting recommendations to management are some of the primary responsibilities of this position. Work product is reviewed internally by theVP Fiduciary and Compliance QC and theSVP Bank Compliance Officer prior to socialization with stakeholders including Internal Audit and Bank leadership.

What will the employee do in this role?

• Assist the Senior Compliance Quality Control Analyst and VP,Fiduciary and Compliance QCexecute the Bank’s Quality Control Compliance Program; specifically:
• Conduct ongoing quality control testing related to the alphabet regulations (e.g. Regulations B, CC, D, DD, E, P, X, Z, FCRA, FDCPA, Flood, SAFE Act, MLA, E-Sign Act, etc.); BSA, and OFAC.
• Obtain transactional or other data from various bank systems for sampling for detail review.
• Obtain and review Bank records, including complex process and procedure documentation, for consistency with applicable regulation under the supervision of the VP, Fiduciary and Compliance QC.
• Document work performed, typically in Excel, consistent with internal procedures. Note that this may include developing work papers for new efforts, individually or in partnership with the Senior QC Analyst and VP Fiduciary and Compliance QC.
• Draft written reports of testing results consistent with internal procedures.
• Work closely with Compliance team members to determine root cause of issues and necessary follow-up actions.
• Follow-up on open quality control issues for ongoing tracking and remediation.
• Assist with any project assigned by the VP, Fiduciary and Compliance QC or the SVP, Bank Compliance Officer, including:
  • Assist with gathering evidence requested by Internal Audit, the OCC, or other stakeholders
  • Assist with BSA/AML or other Compliance projects as needed, including ongoing monitoring of customer reviews, etc.
  • Assist with the data collection processes for the annual OCC MLR filing, or for various risk assessments (BSA/AML and OFAC, Deposit and Lending, Fair Lending, CRA, Identity Theft Program) as needed.
  • Assist with research on various management requests (e.g. researching whether proposed process changes trigger additional regulatory requirements).
  • Attend the Bank’s Compliance Committee.

Skills & Qualifications

Education

• Bachelor’s degree required; equivalent experience may be considere d

Work Experience

• At least 3 years Banking experience required, with experience within a Banking Compliance team highly preferred.
• At least 3 years experience in a dedicated testing function (e.g. Quality Assurance or Quality Control, Internal or external Audit) required, with exposure to consumer banking regulations highly preferred.
• Banking software (e.g. Jack Henry, Cognos, Verafin, Actimize) experience preferred.
• Relevant certification (e.g. CIA, CRCM, CFE) preferred.

Required Knowledge, Skills, and Abilities

• Excel and SQL proficiency highly desirable; reviews frequently require independently obtaining data from various systems, selecting stratified samples for detail review, and then leveraging formulas to prove or disprove timing within a chain of events.
• Must be detail-oriented and possess strong communication and organizational skills.
• Demonstrated knowledge and understanding of testing standards, and Bank regulations.
• Demonstrated ability to perform research, including reading regulations and independently using industry resources to form an opinion.
• Strong ability and motivation to learn.
• Public Speaking and memorandum writing skills.