Contract Analyst - Regulatory Compliance Testing

This is a temporary, project-based independent contractor engagement.

Job Summary

The independent contractor will complete defined regulatory compliance monitoring and testing deliverables, evaluate results, and provide written feedback. The contractor will use independent professional judgment in determining the manner and means of completing the work, subject to applicable laws, regulatory requirements, information security standards, confidentiality obligations, and the agreed scope, quality standards, and deadlines.

Essential Duties and Responsibilities

• Support the agreed compliance testing objectives and deliverables
• Complete assigned compliance monitoring and testing deliverables under the Bank’s Compliance Program within mutually agreed timelines
• Identify potential exceptions or noncompliance and communicate the supporting facts and analysis to the Bank’s designated engagement contact, as appropriate
• Provide recommendations regarding procedures for new products and services when included in the agreed scope of work
• Identify compliance risks and emerging issues applicable to the business activities included in the agreed scope of work
• Contribute to compliance risk analyses when included in the agreed deliverables
• Additional deliverables may be added only by mutual written agreement

Education and Experience Requirements

• High school diploma or equivalent required
• Prior experience in banking, compliance, audit processes and procedures, or a related field preferred
• Strong analytical skills and strong verbal and written communication skills
• Good audit, problem-resolution, and research skills
• Organized, detail-oriented, and able to manage multiple deliverables
• Ability to meet agreed deadlines, work independently, and coordinate effectively with Bank contacts
• A combination of education and experience may meet job requirements

Knowledge, Skills, and Abilities Requirements

• Strong knowledge of applicable banking laws and regulations, with the ability to remain current during the engagement
• Strong analytical, critical thinking, and problem-solving skills with the ability to exercise sound and balanced judgment
• Ability to manipulate moderately large sets of data
• Working knowledge of bank services, policies, and procedures
• Working knowledge of Microsoft Excel, Word, Windows, and PowerPoint