AVP - Monitoring and Testing Specialist- Corporate ...

***** This position is full time position. Conduct ongoing monitoring and testing to ensure the effective execution and sustainability of the New York Branch's adherence to all regulatory requirements (excluding Financial Crimes Compliance) and escalate any issues of non-compliance**·      Understand 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.·      Lead walkthrough discussions with the business to understand the process and applicability of regulatory requirements and controls. ·      Create and execute Test Scripts to assess control design and operating effectiveness.  ·      Analyze and track data from business to identify trends and potential breaches. ·      Create a Final report to summarize control assessments and findings.·      Document identified findings and work with the business on issue closure.·      Ensure written monitoring and testing results are thoroughly documented, clearly understood, and escalated appropriately.Education and Experience *·      BA·      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) regulationsSkills and ****·      Excellent verbal and written communication skills·      Familiarity with U.S. Laws and Regulations. ·      Excellent stakeholder management skills ·      Able to operate in team environments, especially in cross-functional teams

Created: 2025-03-07