Audit and Compliance Tester

$128,960 - $137,280/Yr

Motion Recruitment - Tampa, FL

Full-time - Mid Level

Tampa, FL

Administrative and Support Services

About the position

The Audit and Compliance Tester role at a global bank in Tampa, FL, is a contract position focused on developing and executing testing strategies related to audit and compliance. The position requires collaboration with stakeholders to ensure adherence to regulatory standards and effective risk management practices. The role involves navigating ambiguity, assisting with Federal Reserve Board and Office of the Comptroller of the Currency initiatives, and embedding sustainable solutions within the Business Units' Quality Control Program.

Responsibilities

• Utilize a high-touch approach to partner with HR stakeholders on the execution of the QC program under Consent Order-related deliverables.
• Perform and deliver risk assessment results, including business metrics that provide line of sight to business control performance.
• Develop and execute a QC testing strategy for the assigned milestones related to the assessment of control design and operating effectiveness.
• Analyze controls identified by the responsible business units for compliance with the company's Control Standards.
• Review applicable artifacts provided by the business units to ensure they support the milestone deliverables.
• Confirm key controls are supported by HR desktop procedures and/or process flows which contain sufficient details for consistent performance of recurring activities.
• Guide HR stakeholders to address or document appropriate rationale for any gaps identified in control evidence.
• Provide credible challenge to the business units on remediation efforts to ensure compliance with CO commitments.
• Ensure closure documents for each milestone are executed with necessary detail, accuracy, and completeness.
• Provide summary reporting on observations and concerns to be addressed by the milestone owner and validate all issues have been addressed prior to milestone closure.
• Partner with different teams to identify and mitigate cross-function risks.
• Focus on a standardized approach across the inventory as a subject matter expert.
• Work with business units to strengthen their control environment.
• Drive consistency in the application of taxonomy, alignment with regulations and policies, and accuracy of risk description.

Requirements

• Bachelor's degree in Business, Human Resources, or related field.
• 5 to 10+ years of relevant experience including Audit, Governance Risk and Controls, Compliance Risk Management, and/or Regulatory transformation experience.
• Prior Internal Audit, External Audit, or Compliance control testing experience (BAU or Consent Order).
• Financial services industry experience, preferably in midsize or large banks.
• Experience in MCA (self-assessment of risk and control environment) and conducting/leading walkthroughs with stakeholders.
• Strong familiarity with overall Risk Control Assessment programs and understanding of HR Risk policies, procedures, and standards.
• Experience with Risk & Control and ability to leverage that experience to execute testing for assigned CO milestones.
• Experience in developing a control testing strategy for design and/or control effectiveness.
• Ability to identify risks and controls in a process and provide feedback to business units on assessing risks and controls.
• Attention to detail and ability to identify inconsistencies or gaps in related documents.
• Good documentation skills, including writing process narratives and effective meeting notes.
• Project management and project delivery experience with a strong focus on execution.
• Fundamental understanding of control concepts for ensuring data completeness and accuracy.
• General understanding of relevant banking regulation and supervisory expectations for large financial institutions.
• Demonstrated ability to negotiate internally with diverse stakeholders and drive accountability.
• Strong relationship management skills to deepen relationships across HR Businesses and key support areas.

Nice-to-haves

• Strong PowerPoint skills for executive level presentation creation and documentation.

Benefits

• Medical Insurance - Four medical plans to choose from for you and your family
• Dental & Orthodontia Benefits
• Vision Benefits
• Health Savings Account (HSA)
• Health and Dependent Care Flexible Spending Accounts
• Voluntary Life Insurance, Long-Term & Short-Term Disability Insurance
• Hospital Indemnity Insurance
• 401(k) including match with pre and post-tax options
• Paid Sick Time Leave
• Legal and Identity Protection Plans
• Pre-tax Commuter Benefit
• 529 College Saver Plan