Compliance Risk Management Specialist

20 hours ago


Reston, Virginia, United States Phaxis Full time
Compliance Monitoring and Testing Officer

Phaxis is seeking a highly skilled Compliance Monitoring and Testing Officer to join our team. As a key member of our compliance program, you will be responsible for identifying, assessing, and testing compliance controls related to consumer deposits and lending regulations.

Key Responsibilities:
  • Conduct risk-based transaction monitoring activities to ensure adherence to relevant regulations.
  • Collaborate with business units and departments while maintaining appropriate independence in compliance oversight.
  • Assist in the planning, preparation, and execution of tasks under the Compliance Program, including risk identification and testing.
  • Monitor and review policies, procedures, and programs for compliance risks and issue management.
  • Work with advisory teams to ensure an effective compliance program is in place.
  • Draft formal reports on compliance reviews and track issue remediation.
  • Support other compliance-related duties as assigned.
Qualifications:
  • In-depth understanding of consumer compliance regulations, with the ability to interpret and apply these regulations during monitoring and testing activities, as well as document findings and observations in comprehensive reports.
  • Experience in reviewing and auditing different business units for adherence to regulations related to both deposits and lending.
  • Excellent time management and ability to prioritize tasks efficiently.
  • Capability to manage multiple tasks at once, especially under tight deadlines.
  • Strong written and verbal communication skills.
  • Solid analytical and critical thinking abilities, with sound judgment in identifying and addressing compliance risks.
  • Proactive in identifying potential risks and recommending effective solutions.
  • Able to work both independently and collaboratively with senior managers and peers.
  • Strong relationship-building skills to foster productive collaboration across teams.
  • Up-to-date knowledge of banking policies, procedures, and industry best practices.
  • Familiarity with compliance tools like Resolver or other Governance Risk and Compliance (GRC) systems.
  • Proficiency in Microsoft Office.


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