Compliance Officer - Testing

Company:

Valley Bank Location:

Morristown, NJ Career Level:

Entry Level Industries:

Banking, Insurance, Financial Services Description Responsibilities include but are not limited to: Independently perform Compliance testing Activities for Valley businesses in adherence with regulatory standards, documenting results accurately and ensuring quality and timely execution. Support compliance Risk Assessment processes for businesses supported, including performing analysis needed. Monitor and follow up on remediation actions arising from testing activities and confirm that corrective action has been effectively implemented. Collaborate with Compliance and business stakeholders to provide guidance on Compliance processes, gather information and discuss compliance issues and related opportunities for process improvements. Prepare compliance monitoring metrics and provide reports to management, identifying trends or areas requiring further attention. Monitor changes in relevant banking regulations. Contribute to training and documentation by drafting and updating compliance procedures and training materials. Prepare responses for Internal Audit or regulatory examinations and outside agencies, including the OCC and CFPB. Update relevant systems (e.g., AuditBoard) with testing workpapers, results, and status updates, ensuring records are organized and accessible for review.