Payments Monitoring & Testing Analyst

Payments Monitoring & Testing Analyst

***ideally hybrid in Columbus, OH, but open to remote candidates***

Summary

Supports monitoring and testing of the Payments Division Program to ensure compliance with regulatory requirements. Works under the direction of the Payments Testing Manager and guidance of the Senior Testing Analyst.

Qualifications

Education: Bachelor's degree required.

Certifications: CRCM, CIA, CAMS, or similar preferred.

Experience: 1–3 years in compliance testing/monitoring or audit within financial services. Strong knowledge of regulatory requirements and compliance risks.

Essential Functions

Assist in executing the Payments Division portion of the annual Compliance Monitoring & Testing Program, including planning and conducting reviews to identify compliance risks.

Maintain working knowledge of regulations impacting payments, leveraging the FDIC Consumer Compliance Exam Manual.

Demonstrate understanding of laws and regulations including Reg E, Reg P, Reg DD, GLBA, privacy laws, UDAP/UDAAP, and third-party risk management guidance.

Perform transactional testing and control analysis to evaluate adequacy of processes and controls.

Accurately complete test scripts, workpapers, and documentation of findings.

Draft and support clear documentation of observations, potential violations, and review activities.

Communicate proactively with the Testing Manager and escalate issues promptly.

Support Senior Analyst/Manager in drafting reports, findings, and recommendations for remediation.

Track and document issues in the Issues Management system.

Collaborate with compliance, legal, payments, and senior management as needed.