TESTING COMPLIANCE OFFICER - #243040

Old National Bank


Date: 05/05/2021 03:30 AM

City: Evansville, Indiana

Contract type: Full Time

Work schedule: Full Day

Overview:

Old National Bank is honored to be named one of the World's Most Ethical Companies for the 10th consecutive year!




Old National Bank was established in 1834. Today, we are the largest financial services holding company headquartered in Indiana. We provide an array of services to our clients which include Community Banking, Investments, and Wealth Management. At Old National, we believe that by helping our associates balance work life with home life, we create a more productive workforce and a stronger company



The Compliance Testing Officer will be responsible for monitoring compliance with applicable Compliance Program regulations through regular testing of controls, procedures and transactions. This role is part of a team of compliance professionals who provide second line oversight to all first line of defense business areas. The Program encompasses compliance risks as mandated by the Board of Directors under the Corporate Compliance related policies. The position will report directly to the Compliance Testing Manager



Key Accountabilities

Assist in Maintaining the Corporate Compliance Testing Program

  • Maintain a current knowledge of applicable laws, regulations and issues. Monitor legislative and regulatory developments for the bank and report important compliance developments. Evaluate changes in industry practice and legal/regulatory requirements and ensure that timely appropriate action is taken
  • Maintain a testing schedule in alignment with the Corporate Compliance program for assigned regulations and other testing as needed. Prepare and communicate reports of findings to business unit management. Ensure proper remediation plans are established by business unit management
  • Perform risk assessments of applicable regulations and business units to effectively develop and implement a compliance testing plan.
  • Other projects as designated by the Compliance Testing Manager


Key Competencies for Position

Culture Leadership:

  • Communication: Effectively shares information and ideas with individuals and groups; displays self-awareness and self-management, tailors the delivery to the audience, and selects suitable delivery method(s).
  • Collaboration: Actively seeks, develops and maintains trusted relationships with others to achieve business goals and objectives.


Execution Leadership:


  • Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance
  • Problem Solving/ Decision Making- Seeks to identify what caused the issue; incorporates input from multiple sources (e.g., lines of business, subject matter experts, data, policies, procedures, etc.) to ensure effective action and shared ownership; decisions are sound based on what was known at the time and are based on a blend of analysis, wisdom, experience, and judgement
  • Technical Knowledge- Possesses the required technical knowledge to perform the role effectively; continuous learning to adopt new trends or expertise.


Qualifications and Education Requirements


  • Bachelor's Degree in Business, Finance, Accounting, Law or related field
  • 3+ years relevant experience in banking combined with operations, compliance, audit, lending or relevant business experience.
  • CRCM preferred
  • Excellent communication/influence skills. Ability to manage effectively both under pressure and under deadlines
  • Excellent presentation, communication and interpersonal skills
  • Ability to work independently and/or in a team.
  • Attention to detail, strong time management skills, works well under deadlines.
  • Risk/Compliance (preferred) - Knowledge of financial regulations related to Risk Management, Compliance Administration, UDAAP and banking systems. This includes knowledge of all applicable local and federal laws and regulations.
  • Thorough understanding of auditing/examination techniques. Knowledge of applicable state and federal banking laws and regulations and of bank services, policies, and procedures.
  • Ability to read, analyze and interpret governmental laws, regulations and regulatory guidance.
  • Demonstrates conceptual thinking and analytical skills. Advanced problem-solving skills with the ability to define problems, analyze the variables and propose solutions.
  • Required competency with Microsoft Office Suite


Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.




As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law



We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Talent Acquisition Director, VP, to fill a specific positio

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