Compliance Monitoring & Testing Specialist

Top-Tier Bank in Midtown, Manhattan is seeing a Compliance Monitoring & Testing Specialist for a full-time position!**Conduct ongoing monitoring and testing to ensure the effective execution and sustainability of banks adherence to all regulatory requirements (excluding Financial Crimes Compliance) and escalate any issues of non-complianceWork 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 appropriatelyMonitor and test regulatory and internal requirement related controls in business level procedures or policies and identify control deficienciesDevelop reports of regulatory and internal requirement control deficiencies including documentation of findings and tracking remediation objectivesParticipate in planning, execution, and reporting of compliance assurance reviews and compliance and regulatory issue validationStay up to date on federal and state compliance updates**Bachelors Degree3+ 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

Created: 2025-02-25