Senior FCRM Testing Analyst

Job Title: Senior FCRM Testing Analyst

Work Location: Jacksonville, Florida, United States of America

Hours: 40

Pay Details: $72,280 - $117,520 USD

Line Of Business: Financial Crime Risk Management

Job Description – Department Overview: The U.S. FCRM Monitoring & Testing Team is responsible for maintaining a dynamic, risk-based, 2

LoD testing process designed to periodically review the design and operating effectiveness of key processes and controls and assess compliance with relevant key laws, rules, and regulations. The Testing Team staff are objective and separate from FCRM Program execution activities and are responsible for an Annual Test Plan comprised of mandatory and risk‑based testing of financial crime risks owned by the first and second lines of defense.

Hybrid Work Model: Our team currently operates under a hybrid work model, with employees expected to work in the office two days per week. Starting in November, this expectation will increase to four days per week. Please note that, due to limited office space, the exact timing of this transition may vary depending on availability and individual circumstances.

Job Description

Summary:

The Senior FCRM Testing Analyst executes independent testing of FCRM controls/systems for assigned businesses, and operational units across the Bank to evaluate the effectiveness of these controls in covering associated risk. This role is capable of independently executing and having responsibility for various activities (e.g., test plan development, executing test steps) throughout the testing lifecycle within agreed timelines.

• Works independently as a subject matter expert regarding assigned testing areas and objectives, including related regulatory requirements
• Develops testing documentation and results reporting in‑line with testing requirements
• Understands the use of controls for managing financial crime risk and applies this understanding to independently evaluate controls effectiveness and develop recommendations for enhancement
• Undertakes and completes a variety of projects and initiatives as part of the testing function

• Undergraduate degree or equivalent work experience
• 5+ years of experience

• A deep knowledge of Anti‑Money Laundering (AML) processes
• Detailed testing of risk and controls related to Bank Secrecy Act (BSA), AML, sanctions and anti‑bribery & anti‑corruption
• Strong communication and written skills and the ability to work with and influence senior stakeholders
• Ability to multi‑task and work on more than one review at a time

• Executes testing engagement work in accordance with established standards to achieve completion within targeted timelines
• Conducts skilled analytical research and analysis as part of the assigned testing objectives
  
  Works collaboratively with key partners throughout the testing engagement
• Presents objective and independent opinion on the adequacy of processes and controls in accordance with regulatory and internal requirements
• Executes follow‑up of findings raised from testing reviews in accordance with established standards
• Provides subject matter expertise on FCRM controls and processes and/or input to projects/initiatives as a representative for area of the FCRM testing function
• Proactively identifies matters which require additional attention, further escalation, or review, and liaises with the appropriate groups to resolve

• Prioritizes and manages own workload to deliver quality results and meet assigned timelines
• Contributes to the analysis, due diligence, and implementation of initiatives within defined assignments
• Adheres to internal policies, standards and procedures, methodologies, and applicable regulatory requirements
• Understands the operations of the business unit/area being tested and to identify potential FCRM risks and apply information to complete
• Clearly and concisely documents research as required to understand requirements specific to an engagement
• Keeps abreast of emerging trends/developments and changes to regulatory framework, internal policies, and standards
• Knowledge of current and emerging trends, risk and…