Compliance Testing Manager-Governance & Standards
Company: Flagstar Bank
Location: Hicksville
Posted on: April 28, 2024
Job Description:
The Compliance Testing Manager assists the Senior Manager of
Governance and Standards (G&S) in the development and
implementation of all G&S initiatives. Highly knowledgeable in
the area of compliance testing with a thorough understanding of
compliance risk and controls. Administer a robust quality
assessment and improvement program and provide guidance in the
continued management and development of the testing program and
risk prioritization process. Pay Range: $99,731.70 - $132.144.50 -
$197,468.76
- Manage Quality Assurance reviews of testing activities
performed by the Enterprise Compliance Monitoring and Testing
(ECMT) team through an assessment of workpapers and supporting
documentation.
- Assist in the development and maintenance of the Annual Testing
Plan - maintain awareness of internal and external inputs that
drive the compliance risk environment and maintain workpapers and
change control logs related to the Annual Plan decisions and
periodic refreshes. -
- Act as a Subject Matter Expert in the ECMT Methodology and
templates, providing guidance to the ECMT team when required.
- Provide feedback and areas for improvement across G&S and
Testing Team templates and documentation. -
- Support the Senior Manager of G&S in executing the
following:
- reporting on testing plan activities and issues raised,
- information requests from third parties (regulators, internal
audit, etc.)
- coordinate training sessions, as needed, to the ECMT team,
- management of KPIs and KRIs related to department performance
and the potential risk created by issues raised. -
- Ensures proper engagement with areas supported to respond to
any audit or regulatory review-related matters or inquiries.
- Complete all required compliance and other firm required
training.
- Maintain knowledge of and adhere to all applicable internal
compliance policies and procedures and other internal policies and
procedures applicable to role.
- Ability to travel as needed.
ADDITIONAL ACCOUNTABILITIES
- Performs special projects, and additional duties and
responsibilities as required.
- Consistently adheres to regulatory and compliance policies and
standards linked to the job as listed and complete required
compliance trainings. - Accountable to maintain compliance with
applicable federal, state and local laws and regulations.
Required Qualifications:
- Education level required: Undergraduate Degree (4 years or
equivalent)
- Minimum experience required: 7+ Years of Financial Services
experience, preferably at least half of those years in Compliance
Testing, Internal Audit function, or a financial services
consulting firm (e.g., PWC, E&Y, Grant Thornton, other) with
regulatory compliance testing as an area of focus.
Preferred Qualifications:
- CRCM, ACAMS, Securities Licenses preferred but not
necessary.
Job Competencies:
- Excellent knowledge of consumer protection laws and regulations
impacting financial institutions.
- Excellent communication skills including presentations, group
facilitation skills.
- Proven ability to partner effectively across all levels of the
organization and develop positive working relationships.
- Excellent organization skills.
- Ability to manage conflicting priorities effectively and proven
ability to meet challenging deadlines.
- Ability to travel as needed.
Keywords: Flagstar Bank, Levittown , Compliance Testing Manager-Governance & Standards, Executive , Hicksville, New York
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