Fifth Third Bank · 1 day ago
Business Controls Testing Associate - Newline
United States
Full-time
Remote
Entry, Mid, Senior Level
$70K/yr - $132K/yr
5+ years exp
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Responsibilities
Serves as an analytical and procedural expert to peers in the plan and execution of testing in compliance with the Bancorp testing framework and within defined time frames to support department metrics.
Complete higher level reviews of testing results which require high level expertise, skills and knowledge; conduct second level reviews of significant findings.
Responsible for testing process gaps and directives from regulatory agencies and industry advisory groups (e.g., NACHA, MasterCard, PCI, FNMA).
Analyze data and draw conclusions; validate data accuracy.
Facilitate calibrations sessions and have active participation in the sessions for data accuracy when required.
Clear and objective articulation of test commentary supporting test results.
Create and/or edit testing procedures per the content management program to align with the testing methodology.
Timely and professional responses to challenges of test results.
Review Line of Business Procedures and provide any necessary feedback on the content of the procedures
Perform assigned Content Management reviews within required timeframe. May re-underwrite loans and/or other financial products to confirm the processes and transactions meet published Bancorp and Investor credit policy requirements; reviews all items pertaining to the approval of the loan or product but will not have lending authority.
Work with BC management to conduct meetings with LOB/support area and Business Controls team to evaluate testing needs and review results.
Document work and research performed. Prepare clear, concise reporting of significant findings to be distributed to appropriate internal parties.
Identify and report on issues and trends; escalate for review.
Identify and communicate policy and/or operational improvements that will enhance quality.
Build and maintain collaborative relationships with assigned LOB/support area, Business Control groups and the second and third lines of defense (such as Legal, Compliance, Enterprise Risk and Audit).
Contribute to customer and client satisfaction and deliver value to internal and external customer.
Complete investigation referrals for submission to Bank Protection upon discovery of any suspicious activity. Assist in any follow up research to assist the investigation.
May train or mentor new employees, working with them to build their skills and knowledge in order to handle higher level or more complex testing.
Additional duties as assigned.
Qualification
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Required
Bachelor's degree or equivalent experience required. Desired degrees: Business, IT, Accounting, Finance and Economics.
Minimum of 5 years of experience in lending, compliance, quality or risk management from Banking, Insurance, Financial or Consulting firm working with process risks and controls.
Strong written and oral communication skills required.
Must be able to work within teams and independently to manage and execute multiple tasks/ projects in a dynamic work environment.
Must be goal and results oriented, able to demonstrate sound judgment and apply logical/critical thought processes when developing solutions.
Ability to display a positive business presence with management and external personnel required.
Must be able to maintain independence and objectiveness.
Preferred
Strong business or functional expertise as well as knowledge of applicable policies and procedures preferred.
Proficient with MS-Windows, MS-Office and other related applications and technology.
Company
Fifth Third Bank
Fifth Third Bancorp is a diversified financial services company, that specializes in small business, retail banking, investments. It is a sub-organization of Fifth Third Bank.
10001+ employees
Funding
Current Stage
Public CompanyTotal Funding
unknown1978-01-13IPO
Leadership Team
Gregory Carmichael
Chairman & CEO
B
Bryan Preston
Chief Financial Officer
Recent News
2024-11-25
Company data provided by crunchbase
