Testing Specialist

Compliance Monitoring & Testing Specialist Base pay range $35.00/hr - $45.00/hr Top-Tier Bank in Midtown, Manhattan is seeing a Compliance Monitoring & Testing Specialist for a temporary to permanent position! Responsibilities: Conduct ongoing monitoring and testing to ensure the effective execution and sustainability of the bank's adherence to all regulatory requirements (excluding Financial Crimes Compliance) and escalate any issues of non-compliance Work on regulatory requirements specifically Federal Reserve Bank New York (FRBNY) and New York State Department of Financial Services (NYDF) regulations Conduct scoping analysis to identify which business units are within scope of testing relative to the regulatory requirement Ensure written monitoring and testing results are thoroughly documented, clearly understood, and escalated appropriately Monitor and test regulatory and internal requirement related controls in business level procedures or policies and identify control deficiencies Develop reports of regulatory and internal requirement control deficiencies including documentation of findings and tracking remediation objectives Participate in planning, execution, and reporting of compliance assurance reviews and compliance and regulatory issue validation Stay up to date on federal and state compliance updates Qualifications: Bachelor's Degree 3+ years in a compliance testing and monitoring position, with a focus on non-financial crimes compliance 5 years working experience in the field of compliance monitoring and testing Knowledge of Federal Reserve Bank New York (FRBNY) and New York State Department of Financial Services (NYDF) regulations Seniority level : Associate Employment type : Contract Job function : Finance Industries : Banking and Financial Services #J-18808-Ljbffr