Compliance Monitoring & Testing Analyst

The Compliance Monitoring & Testing Analyst will evaluate the bank's adherence to regulatory requirements and internal policies by conducting reviews, identifying risks, and recommending corrective actions. This role involves collaborating with teams, preparing detailed reports, and ensuring effective implementation of remediation plans to strengthen the institution's compliance framework.

Client Details

Our client is a large foreign banking institution with a well-established presence in Midtown NYC, strategically positioned in one of the world's leading financial hubs. Known for its commitment to regulatory excellence and innovation, the institution offers a diverse range of banking and financial services, catering to both corporate and individual clients. The organization prioritizes compliance, risk management, and maintaining strong relationships with global regulators, reflecting its reputation for integrity and operational excellence.

Description

Key Responsibilities:

• Conduct compliance reviews and testing to assess adherence to regulations and internal policies.
• Identify compliance risks and control deficiencies, recommending corrective actions.
• Prepare detailed documentation and reports to support findings and outcomes.
• Collaborate with compliance, risk management, and business teams to address issues.
• Track the implementation of corrective actions and ensure they are effectively resolved.
• Stay updated on regulatory changes and incorporate them into monitoring processes.

Profile

Job Requirements:

• Bachelor's degree in Finance, Business Administration, Law, or a related field.
• Must be able to work 5 days per week on-site in Midtown New York City.
• 2+ years of experience in compliance monitoring, testing, audit, or similar roles in banking or financial services.
• Knowledge of regulatory requirements (BSA/AML, OFAC, SEC, etc.) and compliance frameworks.
• Strong analytical, organizational, and communication skills.
• Proficiency in Microsoft Office (Excel, PowerPoint, Word) and compliance testing tools.
• Professional certifications (CAMS, CRCM, CIA, CFE) and experience with regulatory agencies are preferred.

Job Offer

The successful candidate will receive a competitive salary and comprehensive benefits, including health, dental, and vision insurance, as well as a 401(k) with employer match. They will have access to professional development opportunities, including training and certifications, within a leading financial institution. The role offers the chance to work in Midtown NYC, providing excellent access to transportation and a dynamic business environment. Additionally, the candidate will be part of a collaborative team focused on compliance excellence, with opportunities for career advancement and cross-functional interaction.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.

Job Requirements: