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Kearny Bank · 3 days ago

Compliance Monitoring & Testing Analyst 1

US-NJ-Fairfield

Full-time

Onsite

Entry Level

$60K/yr - $80K/yr

1+ years exp

Kearny Bank is seeking a Compliance Monitoring & Testing Analyst 1 to assist management in ensuring adherence to legal standards and regulations. The role involves conducting compliance reviews, developing procedures, and collaborating with teams to address compliance issues.

BankingFinancial Services

Growth Opportunities

No H1B

Responsibilities

Assist management with daily operations to ensure adherence to legal standards, regulations and relevant policies

Conduct risk-based compliance reviews to assess compliance with regulatory requirements

Correspond with business units concerning compliance reviews

Research and analyze relevant compliance-related information and make recommendations on necessary procedural/control changes

Develop and implement procedures to ensure compliance with applicable laws and regulations

Monitor changes in laws and regulations and communicates updates to Department

Collaborate with cross-functional teams to address compliance issues and implements corrective actions

Oversee remediation of gaps identified in the review process and tracks issues to closure

Prepare and submit regulatory and internal workpapers and comprehensive management reports detailing the results of compliance reviews, findings, observations and recommendations

Verify business unit’s practices against policies and procedures as well as federal, state, and local laws and regulations

Assist with creation of compliance policies and procedures

Assist with training programs based on compliance reviews insights and regulatory changes

Maintain effective connections with all business units

Maintain current knowledge of federal, state, and local laws and regulations, industry best practices end emerging trends in compliance

Become proficient in the Department’s Compliance Management Program

Qualification

Compliance reviewsRegulatory standardsAnalytical skillsMS Office proficiencyProblem-solving skillsConsumer compliance lawsOrganizational skillsWritten communicationVerbal communication