Compliance Testing Analyst 2

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Job Summary

The Compliance Analyst 2 role is an individual contributor that focuses on the development and execution of internal compliance and control reviews. This position will expand to encompass self-assurance activity validation across various business processes for Bread Financial and its Affiliates. The Compliance Testing Analyst conducts testing engagements in accordance with the testing plan & procedures and other applicable bank policies or procedures.

Essential Job Functions

• Quarterly Compliance Projects/Ad-hoc Reviews: Conducts research on the assigned reviews and compliance project by assessing the applicable laws and risks and utilizing knowledge of the business area or process and regulatory requirements to develop appropriate scope for review, test attributes, sampling methodology etc. Assist and ensure successful completion of project from planning, fieldwork and reporting in timely manner within acceptable quality standards. Test the adequacy of compliance controls in place within the business and identify potential and actual control deficiencies by conducting an independent RCSA review by executing design and operating effectiveness testing of the control as per the Control Testing Methodology. Create and execute scope by conducting qualitative (business process review, reporting review, training review, monitoring review) and quantitative reviews (transactional tests, data analytics) during fieldwork. Create work papers that clearly articulate the work performed and results obtained and communicates the conclusion of the test to the internal stakeholders (Business partners, First Line & Compliance Advisors) and explains the risk associated with the results based on substantive evidence. Assist senior team member to create knowledge sessions, process enhancement and best practices with/for the team members. Conducts monthly issue validation on higher risk issues assigned each month.
• Automated Testing/Data Analytics: Builds an automated testing and data analytics opportunities identified during Quarterly projects, ad-hoc reviews and stretch assignment by utilizing data analytics skills, tools and applications in order to provide management with more qualitative results and awareness of total impact. Assist senior team members in building an automated testing and data analytics on the opportunities identified during testing.
• Documentation: Prepares workpaper, testing report, other project deliverables as part of the Quarterly Complaince Project and Ad-hoc reviews as per the internal procedure and guideline’s. Timely updating Issue validation tracker for monitoring and reporting. Accurately and timely upload of testing documents related to quarterly projects/ ad-hoc reviews on to the internal application.
• Process Delivery: Assists in other Compliance efforts as needed, such as ad hoc projects, regulatory exams, internal audits, department updates, etc. Demonstrates excellent Verbal and Written Communication skills when working with internal and external partners.
• Reports to: Compliance Testing Manager
• Working Conditions/ Physical Requirements: Normal office environment / WFH
• Direct Reports: None
  
  
  

Minimum Qualifications

• Degree Required: Bachelor Degree
• Degree Preferred: Masters Degree
• Area of Study: Business, Audit & Accounting
• Years of Work Experience Required: Three to Six
• Type / focus of work experience required: Regulatory Compliance / Operational Risk Management/ Internal Audit/ Internal Controls/ Control Testing/ Automation/ Data Analytics/ SQL/Python
  
  
  

Other Duties

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

About Bread Financial

At Bread Financial, you’ll have the opportunity to grow your career, give back to your community, and be part of our award-winning culture. We’ve been consistently recognized as a best place to work nationally and in many markets and we’re proud to promote an environment where you feel appreciated, accepted, valued, and fulfilled—both personally and professionally. Bread Financial supports the overall wellness of our associates with a diverse suite of benefits and offers boundless opportunities for career development and non-traditional career progression.

Bread Financial (NYSE: BFH) is a tech-forward financial services company that provides simple, personalized payment, lending, and saving solutions to millions of U.S consumers. Our payment solutions, including Bread Financial general purpose credit cards and savings products, empower our customers and their passions for a better life. Additionally, we deliver growth for some of the most recognized brands in travel & entertainment, health & beauty, jewelry and specialty apparel through our private label and co-brand credit cards and pay-over-time products providing choice and value to our shared customers.

To learn more about Bread Financial, our global associates and our sustainability commitments, visit breadfinancial.com or follow us on Instagram and LinkedIn.

• All job offers are contingent upon successful completion of credit and background checks.
• Bread Financial is an Equal Opportunity Employer.
  
  
  

Job Family

Enterprise Risk

Job Type

Regular