Payments Compliance & Testing Analyst

Madison-Davis, LLC; Columbus (OH); On-site; USD 70,000 - 90,000; Full time

Job summary

Madison-Davis, LLC is seeking a Compliance Testing Analyst to support its consumer compliance monitoring and testing program within the payments business. The role involves executing reviews, evaluating controls, documenting findings, and helping strengthen the organization’s consumer protection framework.

The successful candidate will collaborate with Compliance, Legal, Risk, Operations, and business stakeholders to assess regulatory compliance, document findings, and support ongoing oversight

Qualifications

• Bachelor's degree required.
• 1–3 years of experience in Compliance Testing, Compliance Monitoring, Internal Audit, Risk Management, or a related function within financial services.
• Understanding of consumer banking, payments, deposit products, or related financial services activities.
• Experience conducting testing, reviewing controls, or evaluating compliance with regulatory requirements.
• Strong analytical and problem-solving skills.
• Excellent written and verbal communication abilities.
• Ability to manage multiple priorities and meet deadlines in a fast-paced environment.
• Strong attention to detail and organizational skills.

Responsibilities

• Assist in the execution of risk-based compliance monitoring and testing reviews covering payment products, services, and operational processes.
• Perform transactional testing, control reviews, and risk assessments to evaluate compliance with applicable regulatory requirements.
• Review policies, procedures, controls, and supporting documentation to assess regulatory adherence and operational effectiveness.
• Complete testing workpapers and maintain detailed documentation supporting review conclusions and findings.
• Analyze testing results and identify potential compliance risks, control gaps, or regulatory concerns.
• Evaluate compliance with consumer protection regulations and guidance applicable to payment products and services.
• Assess processes and controls related to customer-facing activities, third-party relationships, disclosures, privacy requirements, and operational practices.
• Identify emerging risks and escalating issues that may impact regulatory compliance obligations.
• Support ongoing monitoring of regulatory developments affecting payment programs.
• Document observations, exceptions, and potential compliance concerns in a clear and concise manner.
• Assist in preparing review reports, findings, and remediation recommendations.
• Track identified issues through resolution and support issue management processes.
• Communicate review progress, findings, and concerns to management and key stakeholders.

Skills

Analytical skills

Problem-solving

Communication skills

Time management

Attention to detail

Education

Bachelor's degree

Job description

Madison-Davis, LLC is seeking a Compliance Testing Analyst to support its consumer compliance monitoring and testing program within the payments business. The role involves executing reviews, evaluating controls, documenting findings, and helping strengthen the organization’s consumer protection framework.

The successful candidate will collaborate with Compliance, Legal, Risk, Operations, and business stakeholders to assess regulatory compliance, document findings, and support ongoing oversight