Control Testing Specialist Deposit

Teachers Federal Credit Union; Hauppauge (NY); On-site; USD 40,000 - 47,000; Full time

Benefits offered by this job

Annual bonus

Paid time off

401(k) match

Dental & Vision premium

Tuition reimbursement

Card loan discount

Job summary

Teachers Federal Credit Union is seeking a Control Testing Specialist in Hauppauge, NY to execute risk-based compliance tests in accordance with internal policies and banking laws. The role requires meticulous documentation, strong written communication, and the ability to work independently and with teams.

Responsibilities include testing deposit regulations and related controls, validating findings and controls, and maintaining accurate regulatory records.

Qualifications

• Associates degree or four years related experience
• 3+ years in compliance, audit, risk management with testing focus
• Knowledge of Deposit regulations
• Strong written communication and detail orientation
• Proficient in Microsoft Office and general risk/audit testing concepts

Responsibilities

• Executes risk-based compliance testing for key deposit and other regulations such as Regulation E, NCUA 707 Truth in Savings, Regulation CC, Regulation P, Garnishments, Abandoned Property, ADA, UDAAP, etc.
• Performs detailed transactional testing of new accounts, member disclosures, statements, error resolution, checks, ACH files, advertisements, escheatment processes, etc.
• Maintains current and accurate records for documentation of regulatory compliance.
• Identifies control weaknesses and documents root causes and validation of corrective actions by business lines
• Performs other duties as needed upon request by immediate supervisor

Skills

Attention to detail

Written communication

Team collaboration

Education

Associates degree or 4+ years experience

3+ years compliance/audit/risk

Knowledge of Deposit regulations

Microsoft Office proficiency

Understanding of compliance testing

Tools

Microsoft Office

Job description

Brief Description

Join Our Team

For over 70 years, Teachers Federal Credit Union has been committed to guiding members toward building a strong financial foundation today for a better tomorrow. Recognized by Forbes Magazine as one of America’s Best-In-State Credit Unions in 2025, Teachers has grown into one of the nation’s leading credit unions. As we expand our reach across the country, we remain focused on being both a Best Place to Bank and a Best Place to Work. From part-time roles to executive leadership positions, Teachers offers a wide range of meaningful career opportunities.

Summary

The Control Testing Specialist is responsible for executing risk-based compliance tests in compliance with internal policies and procedures and with banking laws and regulations

Education And/or Experience

• Associates degree required or a minimum of four years directly related experience required
• Minimum three years' experience in a compliance, audit, quality control or other risk management role with a focus on reviews, testing or general quality assurance tasks
• Knowledge of Deposit regulations is required
• Attention to detail, strong written communication skills for documenting findings and the ability to work independently and work teams is required
• Proficient in Microsoft suite applications.
• General understanding of Compliance, Risk or Audit testing.

Job Responsibilities

• Executes risk-based compliance testing for key deposit and other regulations such as Regulation E (Electronic Funds Transfers), NCUA 707 Truth in Savings, Regulation CC, Regulation P, Garnishments, Abandoned Property, ADA, UDAAP, etc.
• Performs detailed transactional testing of new accounts, member disclosures, statements, error resolution, checks, ACH files, advertisements, escheatment processes, etc.
• Maintains current and accurate records for documentation of regulatory compliance.
• Identifies control weaknesses and documents the underlining root cause as well as validation of corrective actions take by the business lines
• Performs other duties as needed upon request by immediate supervisor

Benefits Of Joining The Teachers Team

We provide a competitive compensation and benefits package that includes, but is not limited to:

• This position is eligible for our annual discretionary bonus program. Some positions within the credit union also qualify for quarterly performance incentives.
• Paid time off for vacation, personal days, and holidays
• 401(k) company contribution
• Teachers pays 100% of Dental & Vision premium
• Tuition reimbursement is offered to full-time employees
• Exclusive employee discount of 0.96% APR on credit card loans and a 1.00% APR on all other loans through Teachers

The good faith range for this position is $28.50 - $34.25 per hour. This range is an estimate, based on potential employee qualifications and operational needs. The salary may vary above and below the stated amounts, as permitted by applicable law.

All candidates will be subject to a background check, credit check, and drug test to determine employment eligibility.

To learn more about Teachers and to view a full list of our job opportunities please visit https://www.teachersfcu.org/about/careers

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