Lead Compliance Testing/Data Mining Analyst

The Lead Compliance Testing/Data Mining Analyst is responsible for collecting data necessary for compliance monitoring and testing, as well as ensuring the validity of the extracted data. This position entails conducting detailed compliance reviews across Apple Bank’s business units, processes, and products as outlined in the Bank’s Compliance Risk Assessment and performing ad hoc assessments to determine the effectiveness of existing controls. A thorough knowledge of federal and state consumer protection laws and regulations is essential. The incumbent will (a) drive continuous improvement in the efficacy of Compliance Department monitoring, testing, and risk assessment activities, (b) enhance the scalability and efficiency of these processes to support the organization’s ongoing growth, and (c) act as a catalyst for developing analytic testing and monitoring methodologies that may be adopted by the first line of defense in quality assurance and control. The role also requires frequent engagement with management at all levels during the execution of compliance testing reviews., * Collaborate with the internal Business Intelligence Group to generate high-quality data and reports for compliance monitoring and testing purposes; employ data mining techniques and software tools to develop reports that identify areas for further review, including but not limited to account types, activity patterns, transaction volumes and values, and trends.

• The incumbent serves as the leader of (but not supervisor of) the work product of other Compliance Testing/Data Mining Analysts assigned to work in collaboration with the incumbent.
• Apply generated reports to facilitate compliance testing and ongoing activity monitoring.
• Review and monitor areas of concern identified through Compliance Risk Assessment across various business lines, products, and services.
• Maintain up-to-date knowledge of all relevant state and federal consumer laws and regulations, including amendments, regulatory guidance, and interpretations; thoroughly review and understand departmental policies and procedures.
• Conduct compliance testing on business areas and products to evaluate adherence to applicable laws, regulations, and internal policies and procedures.
• Gather data and design/execute control and process tests during regulatory compliance reviews; document procedures performed clearly in comprehensive workpapers, note non-compliance incidents for preliminary discussion with department leadership and stakeholders to validate identified issues.
• Prepare and draft final reports for internal distribution to stakeholders; assess stakeholder-developed action plans and proposed remediation timelines.
• Follow up on identified issues to ensure effective implementation of action plans.
• Apply generated reports for compliance testing and periodic monitoring of activities.
• Perform additional responsibilities as assigned.

• Bachelor’s degree in business or data analytics preferred.
• 4 + years of experience in compliance testing or financial services.
• Familiarity with consumer protection laws, regulations, or retail banking helpful.
• Must have excellent verbal and written communication skills.
• Proficiency in Microsoft Suite (Word, Excel, PowerPoint).
• Facile with commonly used data extraction, analytic and reporting software tools (e.g., Power BI, Business Objects, etc.).