Production Risk Engineer – Management Liability
Counterpart
Risk and Control Analyst III
Coastal Community Bank
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $82,675 - $90,000 per year
Job Level
Mid-LevelSenior
About the role
- Assist in developing processes to enhance BaaS Risk & Controls Program.
- Assist in creating and maintaining Partner Audit Risk assessments, focusing on key risks of the Partner and BaaS services.
- Facilitate Partner audits with external audit firms, Fintech Partners and Internal Audit, as needed.
- Coordinate scheduling Partner audits with audit firms and Fintech partners to ensure timely engagement and completion.
- Partner with internal Subject Matter Experts to ensure Partner Audits address key risk to the BaaS program.
- Assist in evaluating and updating Partner audit scopes for audits including BSA, General Compliance, IT General Controls, IT Security Assessments, Deposit and Lending Compliance, and Operational audits.
- Assist in reviewing Partner engagement letters and audit reports to ensure scoping requirements were met and properly tested.
- Assist in reviewing audit findings and remediation plans to ensure key risks are addressed timely and appropriately.
- Assist in analysis of audit risk trends across all Partners to identify improvement opportunities to the CCBX program.
- Coordinate and assist in oversight audits, tracking any findings to remediation.
- Assist in training department staff to further their skills and expertise.
- Maintain proficient knowledge of applicable rules and regulations and follow all regulatory and compliance requirements.
- Make recommendations to the Risk & Controls Manager when and where appropriate.
Requirements
- Knowledge and understanding of FinTech with a strong technical background.
- Communicates with impact, able to state risks and issues concisely and articulates impact in a structured manner both verbally and written.
- Understanding of regulatory compliance and FFIEC requirements is desired.
- Strong analytical skills necessary to review audit programs, work papers, and reports to determine adequacy.
- Ability to effectively present information and respond to questions from management and employees.
- Ability to organize and prioritize multiple projects while meeting deadlines with minimal direct supervision.
- Attention to detail and accuracy a must.
- Cooperative and professional attitude.
- Ability to effectively present information and respond to questions from management, affected departments and our BaaS Partners.
- Maintain proficient knowledge of rules and regulations including Bank Secrecy Act (BSA), USA Patriot Act, OFAC, Regulation E, Truth in Savings Act, UDAAP, Truth in Lending, Equal Credit Opportunity Act.
- Bachelor’s Degree and/or equivalent related experience with 5+ years relevant bank Internal Audit and/or IT Risk and Controls experience.
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
audit risk assessmentsBaaS Risk & Controls ProgramIT General ControlsIT Security AssessmentsDeposit ComplianceLending Complianceoperational auditsregulatory complianceanalytical skillsaudit programs
Soft skills
communicationattention to detailorganizational skillsprofessional attitudeability to prioritizeability to present informationcooperationproblem-solvingtime managementtraining skills
Certifications
Bachelor’s DegreeInternal Audit certificationIT Risk and Controls certification
