Senior Risk & Control Analyst

This is a fully remote position, open to applicants in United States.

📋 Description

• Oversee and provide support for audits of Fintech Partners associated with the BaaS program.

• Assist in the development of risk assessments, audit scoping, and planning of audit schedules.

• Support and monitor activities throughout the entire audit lifecycle.

• Collaborate with the BaaS Risk & Control Manager, internal Subject Matter Experts, Fintech Partners, and both internal and external audit firms.

• Create processes to improve the BaaS Risk & Controls Program.

• Develop and maintain Partner Audit Risk assessments that focus on Partner and BaaS service risks.

• Facilitate and coordinate Partner audits to ensure timely involvement and completion.

• Ensure that Partner Audits address critical risks to the BaaS program.

• Assess and revise scopes for BSA, General Compliance, IT General Controls, IT Security Assessments, Deposit and Lending Compliance, and Operational audits.

• Review Partner engagement letters and audit reports to ensure compliance with scope and testing.

• Examine audit findings and remediation plans to make sure risks are addressed in a timely and appropriate manner.

• Analyze audit risk trends across Partners to identify enhancements for the CCBX program.

• Coordinate and assist in oversight audits and monitor findings through to remediation.

• Support in training department personnel.

• Provide recommendations to the Risk & Controls Manager.

⛳️ Requirements

• Strong knowledge and understanding of FinTech, complemented by a solid technical background.

• Ability to communicate risks and issues clearly, articulating their impact in both verbal and written formats.

• Familiarity with regulatory compliance and FFIEC requirements is preferred.

• Strong analytical capabilities to assess audit programs, work papers, and reports for sufficiency.

• Proficient in presenting information and addressing inquiries from management, employees, affected departments, and BaaS Partners.

• Capable of organizing and prioritizing multiple projects while adhering to deadlines with minimal direct supervision.

• Detail-oriented with a focus on accuracy.

• Exhibits a cooperative and professional demeanor.

• Bachelor’s Degree and/or equivalent relevant experience.

• Over 5 years of pertinent experience in bank Internal Audit and/or IT Risk and Controls.

• Maintain a strong understanding of BSA, USA Patriot Act, OFAC, Regulation E, Truth in Savings Act, UDAAP, Truth in Lending, and Equal Credit Opportunity Act.

• Must be able to work without employment sponsorship.

🏝️ Benefits

• Medical Coverage: Choose from three competitive medical plans.

• Health Savings Account (HSA) with tax benefits and employer contributions.

• Flexible Spending Accounts (FSA) for healthcare and dependent care expenses.

• Dental and Vision Insurance.

• Company-paid basic life insurance, with options to purchase additional coverage.

• Long-Term/Short-Term Disability (LTD).

• Supplemental benefits such as Hospital Indemnity, Accident Insurance, and Critical Illness coverage.

• 401(k) Retirement Plan with company matching.

• Generous vacation and sick leave policies.

• 11 paid holidays.

• An equal opportunity workplace with reasonable accommodations for individuals with disabilities.