Payments Risk Management Senior Analyst

Summary :

Responsible for the monitoring and testing of payments programs within the First Line of Defense. Works to minimize risk through the continuous monitoring, testing and analysis of programs risk-taking activities on an ongoing basis to ensure applicable regulatory requirements are met.

Qualifications :

Education : Bachelor's degree in Business Administration or related field.

Licenses / Certifications :

Experience : Five or more years of regulatory compliance or risk management experience supporting consumer financial products or services at a large or complex banking institution. Previous payments experience preferred. Or equivalent combination of education and experience.

Essential Functions :

A : Job Specific :

• Performs both detail testing of various regulatory obligations, and high-level analysis to assess adequacy of the programs risk and control environment as well as compliance with applicable regulations.
• Clearly documents testing through workpapers, and provides summary of analysis in clear and concise format.
• Maintains working knowledge of federal regulations applicable to Payments including but not limited to : Reg E, UDAAP / UDAP, Reg DD, Reg CC, CAN-SPAM, TCPA, FCRA / Red Flag ID Theft etc.
• Demonstrates strong risk management understanding, aiding in risk assessments and gap analysis as needed.
• Identifies and analyzes trends / themes within large data sets.
• Takes complex scenarios or processes and breaks them down to a clearer and more concise format.
• Identifies and evaluates emerging risks and present findings to management.
• Ensures identified issues are communicated and escalated with clear context to allow for appropriate decision making.
• Partners effectively with peers and colleagues within 1LOD and across various functions of the Bank to drive consistent and effective practices.

Knowledge / Skills / Abilities :