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Metropolitan Commercial Bank · 2 days ago

Compliance Testing Analyst

NYC Metro Area

Full-time

Hybrid

Entry, Mid Level

$80K/yr - $100K/yr

2+ years exp

Metropolitan Commercial Bank is a full-service commercial bank based in New York City. They are seeking a Compliance Testing Analyst to support the Compliance Director in developing, implementing, and executing compliance testing and monitoring in accordance with the Bank's Compliance Monitoring and Testing Plan.

BankingBusiness DevelopmentCommercial

Responsibilities

Responsible for supporting, and reporting to, the Compliance Director to develop, monitor, and execute the Bank’s Compliance and Monitoring Plan

Monitor, test and report on the Bank’s adherence to its regulatory compliance policies, procedures and controls across all product lines

Track issues to completion and assure corrective action has been implemented within specified timeframes

Assist the business lines with the implementation of new or changes to regulations

Support and participate in the development of management and Board level reporting, including metrics on adherence to testing schedule, open/closed/delinquent testing action plans, and other items as directed

Develop effective relationships within Compliance and with other Bank stakeholders including Business process owners, external clients and Internal Audit function

Inform Compliance management of significant compliance matters that require their attention or action

Assist the Compliance Director with responding to regulatory agencies’ requests for information as well as internal audit requests

Assist Compliance Governance to perform annual compliance risk assessments

Provide in-house training to address identified weaknesses

Serve as a compliance resource to Bank employees

Maintain up-to-date knowledge of consumer protection laws and regulations

Other compliance duties as assigned

Qualification

Compliance monitoringRisk management principlesRegulatory compliance knowledgeCertified Regulatory Compliance ManagerGRC platforms familiarityMS Office proficiencyAnalytical skillsSound judgmentAttention to detailCommunication skillsPresentation skillsOrganizational skills

Required

2-5 years of Bank Compliance monitoring & testing experience

Bachelor's degree; Advanced degree a plus

Certified Regulatory Compliance Manager (CRCM) designation a plus

Knowledge and experience with Compliance monitoring and testing principles including planning, risk assessments, regulatory controls, operating effectiveness testing, and reporting activities

Proficiency in compliance and risk management principles, methodologies, and frameworks

Familiarity with risk management software and tools (e.g., GRC platforms)

Excellent oral communication and writing skills in interacting with non-executives and executive management and across a number of business lines and control functions

Strong presentation skills, including the ability to present findings and recommendations to senior leadership

Proficient in MS Office applications (Excel, Word, PowerPoint)

Knowledge of Federal Reserve, New York State Department of Financial Services and Consumer Financial Protection Bureau rules and regulations; Knowledge of banking regulations and regulatory frameworks, including but not limited to Dodd-Frank Act, and consumer protection laws

Detail-oriented and organized, with the ability to manage multiple priorities and deadlines in a fast-paced environment

Sound judgment and decision-making skills, with the ability to balance regulatory requirements with business objectives and risk considerations