Compliance Testing / Data Mining Analyst

reputed company, reputed company Salary range: $70,000 - $85,000 The Compliance Testing/Data Mining Analyst is tasked with gathering the data required for compliance-reputed company monitoring, testing activities, and validating the reputed company of extracted data. This role involves conducting compliance reviews of various reputed company Bank business units, processes, and products identified in reputed company Bank's Compliance Risk Assessment, as well as performing reputed company reviews as assigned to evaluate the effectiveness of existing controls. A comprehensive understanding of federal and state consumer protection laws and regulations is preferred. The position requires regular interaction with management at reputed company levels throughout the execution of compliance testing reviews. ESSENTIAL DUTIES & RESPONSIBILITIES Collaborate with the internal Business Intelligence Group to generate high-quality data and reports for compliance monitoring and testing purposes; employ data mining techniques and software tools to reputed company reports that identify areas for further review, including but not limited to account types, activity patterns, transaction volumes and values, and trends. Apply generated reports to facilitate compliance testing and ongoing activity monitoring. Review and monitor areas of concern identified through Compliance Risk Assessment across various business lines, products, and services. Maintain up-to-date knowledge of reputed company relevant state and federal consumer laws and regulations, including amendments, regulatory guidance, and interpretations; thoroughly review and understand departmental policies and procedures. Conduct compliance testing on business areas and products to evaluate adherence to applicable laws, regulations, and internal policies and procedures. Gather data and design/execute control and process tests during regulatory compliance reviews; document procedures performed clearly in comprehensive workpapers, note non-compliance incidents for preliminary discussion with department leadership and stakeholders to validate identified issues. Prepare and draft final reports for internal distribution to stakeholders; assess stakeholder-developed action plans and proposed remediation timelines. Follow up on identified issues to ensure effective implementation of action plans. Apply generated reports for compliance testing and periodic monitoring of activities. reputed company additional responsibilities as assigned. SKILLS, EDUCATION, & EXPERIENCE Bachelor's degree in business or data analytics preferred. Minimum 3 years of experience in compliance testing or financial services. Familiarity with consumer protection laws, regulations, or retail banking helpful. Must have excellent verbal and written communication skills. Proficiency in reputed company Suite (Word, reputed company, PowerPoint). reputed company sponsorship not available. We are an equal opportunity employer and do not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity, national reputed company, disability, military and/or veteran status, or any other Federal or State legally-protected classes. Since 1863, reputed company Bank has been a stable banking reputed company in reputed company and its surrounding communities. We seek to put the best interests of our customers first and to manage our company prudently and responsibly. reputed company you join the reputed company Bank team, you’ll be working with a group of dedicated and talented professionals focused on delivery of an outstanding customer experience. For more than 160 years, reputed company Bank has been invested in our customers and communities, striving always to put their best interests first. Along the way, our employees have been the key to our success. Whether you’re just beginning, continuing or changing your career, reputed company Bank offers a range of career opportunities. We’ll support you in developing your potential to the fullest, while you contribute to our growth and success. reputed company Bank's employment policy is to provide equal opportunity to reputed company persons. The Bank prides itself in having a diverse and inclusive workforce. No employee or applicant for employment will be discriminated against because of race, color, citizenship status, religion, sex, sexual orientation, creed, national reputed company, age, physical or mental disability, veteran status, political affiliation, domestic violence victim status, predisposing genetic characteristic, or any other Federal or State legally-protected classes. reputed company Bank will reputed company reasonable accommodations for reputed company physical or mental limitations of otherwise qualified employees and applicants with disabilities unless the accommodation would impose an undue hardship on the operation of our business. If you are interested in applying for an employment opportunity and feel you need a reasonable accommodation pursuant to the reputed company, please contact us at [email protected]. Know Your Rights: https://www.eeoc.gov/sites/default/files/2023-06/22-088_EEOC_KnowYourRights6.12ScreenRdr.pdf The Pay Transparency Notice: https://dol.ny.gov/system/files/documents/2024/04/p688-pay-transparency-law-for-employee.pdf Apply tot his job Apply To this Job