Compliance Testing Analyst

Old National Bank; Evansville (IN); On-site; USD 51,700 - 101,500; Full time

Job summary

Old National Bank is seeking a Compliance Testing Analyst to join the Risk team. The role involves performing regulatory compliance testing and documenting findings to ensure controls operate effectively across the bank's lines of business.

Qualified candidates will have a Bachelor's degree and 3+ years in banking with experience in testing or internal audit preferred. CRCM certification is valued but not required; strong communication and analytical skills are essential.

Qualifications

• Bachelor's degree required.
• 3+ years banking experience or equivalent.
• CRCM or willingness to obtain CRCM preferred, but not required.
• Attention to detail and strong time management skills.
• Excellent communication and interpersonal skills.
• Knowledge of auditing/examination techniques and banking regulations.
• Proficiency with Microsoft Office, especially Excel and Word.

Responsibilities

• Conduct compliance control testing for regulatory requirements across Old National Bank lines of business.
• Research regulatory requirements and plan testing steps within the review scope and timeframe.
• Execute and document testing activities and communicate results in meetings and written reports.
• Identify weaknesses or violations and work with stakeholders to plan corrective actions.

Skills

Attention to detail

Time management

Communication

Interpersonal skills

Problem-solving

Teamwork

Analytical skills

Education

Bachelor's Degree in Business, Finance, Accounting, Law or related field

Tools

Excel

Word

Job description

Compliance Testing Analyst

Job Locations: US-WI-Brookfield | US-IN-Evansville | US-IN-Indianapolis | US-MN-St Louis Park | US-IL-Chicago

Overview

Old National Bank has been serving clients and communities since 1834. With over $70 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve. As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

We continually seek highly motivated and talented individuals as our people are critical to our success. In return, we offer competitive compensation with our salary and incentive program, in addition to medical, dental, and vision insurance. 401K, continuing education opportunities and an employee assistance program are also included in our benefit suite. Old National also offers a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization. We offer a unique opportunity to join a growing, community and client-focused company that is firmly rooted in its core values.

Responsibilities

Compliance Testing Analyst is part of our Risk team. They conduct compliance control testing activities for regulatory compliance requirements applicable to Old National lines of business. The Analyst researches and understands regulatory requirements, follows department procedures to execute testing steps to evaluate the effectiveness of key compliance controls, identifies weaknesses or violations of law, and works closely with their Manager, teammates, and other subject matter experts to plan the testing review approach/steps in alignment with the review scope and allotted timeframe. They execute and document testing activities (in electronic workpapers), and clearly and concisely communicate results in meetings and written reports.

Salary Range

The salary range for this position is $51,700 - $101,500 per year plus bonus. The base salary indicated reflects the compensation range applicable to all levels of the role across the United States. Actual salary offers within this range may vary based on a number of factors, including the specific responsibilities, the candidate's relevant skills and professional experience, educational qualifications, and geographic location.

Key Accountabilities

Planning:

• Maintain a current knowledge of applicable laws, regulations, and issues.
• Research and obtain an understanding of the regulatory requirement(s), including any changes or updates to the requirements, and business processes to be tested.
• Work with the Testing Manager and/or other Subject Matter Experts to review, adjust or develop compliance testing steps to accomplish the objective of the planned test and complete scoping document.
• Create information request lists and review, update or develop any spreadsheets/worksheets/reports (supporting electronic workpapers) required to complete the testing.

Execution:

• Perform compliance testing steps, which may include transactional testing on a statistical sampling basis up to full reviews of the compliance control environment.
• Maintain on-going communication with the Compliance Testing Manager and line of business prior to, during and after testing.
• Identify potential compliance issues, the root causes and recommend any corrective actions.

Reporting:

• Document findings/exceptions, root cause and corrective action/recommendations in written report.
• Participate in and/or lead formal exit meetings with management, as directed.
• Obtain line of business management's response to findings/exceptions identified in report.
• Complete all checklists, job aids, spreadsheets, etc. and save in electronic workpapers.
• Assist the Compliance Testing Manager in updating findings management tracking logs.

Qualifications and Education Requirements

• Bachelor's Degree in Business, Finance, Accounting, Law or related field.
• 3+ years experience in banking combined with operations, compliance, lending, audit or relevant business experience. Experience with compliance testing or internal audit experience preferred.
• CRCM or willingness to obtain a CRCM preferred, but not required.
• Attention to detail, strong time management skills, works well under deadlines.
• Excellent communication, presentation and interpersonal skills.
• Thorough understanding of auditing/examination techniques. General knowledge of applicable state and federal banking laws and regulations and of bank services, policies, and procedures.
• Ability to read, analyze and interpret governmental laws, regulations and regulatory guidance.
• Ability to work independently and/or in a team.
• Good problem-solving skills with the ability to define problems, analyze the variables and propose solutions.
• Required competency with Microsoft Office Suite, particularly Excel and Word.
• Ability to learn and understand technology, banking systems and reporting functions.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles. As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.