In this role, you are required to perform consumer compliance reviews/testing at a transactional level for banking and financial services products. The testing process involves selecting a sample of transactions from a larger population and examining them for accuracy, authorization, and adherence to relevant laws, rules and regulations applicable to business products.

Responsibilities

• Performs transactional and control testing based on pre-defined test scripts of business processes and controls
• Document the outcomes of each test case as per prescribed documentation standards
• Highlight any non-compliance or deviations from Testing and share details with key stakeholders
• Develops and/or prepares applicable process and control documentation in collaboration with partners and stakeholders to support decisions
• Work closely with other members of the Compliance team to identify potential areas of non-compliance and recommend corrective actions.
• Accountable for own work and effective coordination of processes and information across related teams.

Qualifications we seek in you!Minimum Qualifications
· Undergraduate degree in finance, business administration or related field
· Minimum 4 years’ of relevant experience
· Knowledge of banking and financial products such as credit cards, unsecured lending and deposits
· Conceptual knowledge of the intent and purpose of key regulations including Reg Z, Reg E, Truth in Lending Act (TILA), Record retention, CAN-SPAM Act, Children’s Online Privacy Protection Act (COPPA), Credit Bureau Reporting - Fair Credit Reporting Act (FCRA)
· Proficient in using MS Office Suite (Excel, PowerPoint, Word)
· Good communication skills, both verbal and written, with the ability to develop and manage program documentation and executive reports
Preferred Qualifications/ Skills
· Degree in Business, or Risk Management
· Experience in consumer compliance related domain within the banking sector.
· Familiarity with key financial products and relevant regulations.
· Excellent verbal and written communication skills, with the ability to convey complex information clearly and effectively to diverse audiences.
· Strong analytical and problem-solving skills, with the ability to track, report, and mitigate project risks and issues.
Job Type: Contract
Pay: $28.00 - $30.00 per hour

Schedule:

• 8 hour shift

Application Question(s):

• Please provide your primary email address and cotact for better communication

Work Location: In perso

• Performs transactional and control testing based on pre-defined test scripts of business processes and controls
• Document the outcomes of each test case as per prescribed documentation standards
• Highlight any non-compliance or deviations from Testing and share details with key stakeholders
• Develops and/or prepares applicable process and control documentation in collaboration with partners and stakeholders to support decisions
• Work closely with other members of the Compliance team to identify potential areas of non-compliance and recommend corrective actions.
• Accountable for own work and effective coordination of processes and information across related teams