Compliance Audit Contractor

  • Job ID:

  • Pay rate range:

    $75 - $95
  • City:

    New York
  • State:

    New York
  • Duration:

    06/13/2021 - 10/12/2021
  • Job Type:

  • Job Description

    The Regulatory and Compliance Solutions Managers will provide advisory and consultative services to a key financial client in addressing consumer protection regulatory consumer compliance matters as they prepare for a regulatory exam later this year.  These resources will work to revamp their 1st line of defense testing program to build new test scripts and suggest areas where automation and exception-based testing can be implemented.  These resources will work closely with the client to review and assess the test results in a 100% REMOTE capacity.

    Experience includes Compliance Management System reviews, Compliance policy, and procedure development, compliance testing, compliance training, regulatory examination readiness reviews, risk assessments, enforcement action remediation, compliance audits, etc. 


    • Conduct regulatory risk assessments to identify key areas of inherent compliance risk, mitigating controls, and residual risks that apply to our Bank partners
    • Identify, develop and/or advise on controls that address compliance risk and document accordingly
    • Support the testing team in testing execution of controls and regulatory requirements, including controls standards; and developing compliance testing scripts, procedures, and training related to various regulatory requirements (“Services”).
    • Support shall include subject matter expertise to assess the design of the monitoring program, developing program templates, writing scripts, and identifying opportunities for improvement within the program.
    • Execute the controls and transaction testing based on applicable regulations.
    • Regulations relate to personal lending, student lending, deposits, flood, credit card, and other financial services regulations.
    • Maintain and update compliance testing policies and procedures
    • Perform targeted reviews, ongoing monitoring and transaction-level testing across a broad range of areas to validate compliance with applicable laws and policies
    • Provide support for upcoming regulatory examinations
    • Provide support in the preparation of Risk Committee materials and reporting
    • Complete additional projects and duties as directed


    • 5+ years comparable compliance experience
    • Knowledge and experience with consumer protection laws and regulations (i.e. Reg CC, Reg Z, TILA, FDCPA, DCOA, FDCPA, SCRA, etc.)
    • Prior experience with the large Financial Institutions that are supervised by the FDIC, CFPB, and/or state banking regulatory bodies
    • Excellent analytical, problem-solving, project management, and risk management skills
    • Excellent verbal/written communication and strong presentation skills
    • Project management and organization skills required, with strong attention to detail
    • Must be a self-starter with the ability to work independently in a fast-paced environment, with minimum supervision to manage conflicting priorities and successfully meet established project deadlines
    • Team player; collaborative and interfaces effectively with other teams
    • Strong acumen in the following is required: Consumer protection financial regulations, including CARD ACT /Regulation Z; commercial lending regulations; anti-money laundering laws; deposit and debit/prepaid card regulations; and marketing compliance.

    Preferred qualifications:

    • Experience in large consulting and/or Public Accounting
    • Direct experience dealing with bank regulators (FDIC, CFPB and state banking regulatory bodies preferred)
    • Experience working with third-party providers that facilitate non-financial services companies to offer financial products
    • CRCM or ACAMS certifications are nice to have but not required



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