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Job Description Summary: Credit Risk's First Line of Defense team is seeking a Controls Monitoring Analyst to implement and perform testing and monitoring activities for Credit Risk policies & procedures. The Control Testing Analyst will work with the Credit Risk Governance team, as well as other internal stakeholders to establish, design, execute and communicate, testing & monitoring of Credit Risk strategies, processes, and associated controls.
Credit Risk - FLOD Tester Responsibilities and Qualifications
Specific responsibilities include:
Execute Control testing reviews with limited supervision including assessing key risks and evaluating associated control design and effectiveness. Participate in related meetings and complete all required documentation that supports the work performed in accordance with methodology requirements.
Attention to detail and quality are key requirements.
Communicate test results in an effective manner with Credit Risk Governance, Compliance, Legal and Business management both verbally and through written Testing reports.
Draft issues, reports and prepare planning memos, process narratives, flow charts, lead sheets and Sample Rationale documents as well as other test related material that requires minimal editing.
Recommend ratings for both issues/test findings and reports based on the work performed considering the risk presented to the entity and overall to the institution.
Build effective relationships with colleagues to enable partnership and collaboration for control related matters.
Identify the root cause for the identified gaps, regulation policy and/or internal control deficiencies.
Be able to present suggestions for process improvements, associated corrective action as well as evaluating the timeliness and proposed remedial actions by management.
Manage review hours to deliver work on time and in accordance with the agreed upon budget.
Recommend opportunities to update the test plan based on observations during execution of test work. Identify opportunities to enhance operational efficiency and effectiveness both for processes being reviewed and Process Monitoring or Testing Methodology.
Participate in special projects or ad-hoc assignments on an as-needed basis.
3+ years of relevant progressive testing and or auditing experience with a focus on identifying gaps/risks and evaluating control design and effectiveness.
Solid foundational knowledge of planning and executing tests focused on control design and effectiveness.
Ability to work with large volumes of data; extract and manipulate large datasets using standard tools such as SQL and SAS.
Solid working knowledge of Microsoft Office, specifically Excel and Word. Understanding of Credit Risk business processes, including the applicability of key laws and regulations.
Proactive approach to enhancing insurance and/or investments industry and related product knowledge to ensure compliance test efficiency and effectiveness.
Ability to assume ownership of assigned tasks and deliver a quality product within the agreed framework including the hours allocated.
Able to demonstrate through experience how a proactive approach or initiative has been taken to meet an agreed timeline or job requirement.
Ownership for accurate documentation reflective of the work performed and supportive of the conclusions reached.
Effective time management with the ability to coordinate and prioritize multiple and competing priorities.
Strong verbal and written communication skills with the ability to clearly articulate questions, provide management with relevant information and respond to any questions they may have.
Demonstration of knowledge courage; able to take a position and influence management.
Ability to establish effective working relationships with colleagues and peers. Ability to demonstrate collaboration and partnership and actively promote team work.
Ability to consistently meet deadlines and work additional hours where required.
Ability to maintain confidentiality in all aspects of job.
We're a purpose-driven company whose beliefs are the foundation for how we conduct business every day. We hold ourselves to our One Team Behaviors which demand that we hold the highest ethical standards, to empower an open and diverse workplace, and strive to treat everyone who is touched by our business with dignity and respect. Our employees challenge the status quo, ask questions, and find solutions. We want to break down barriers to financial empowerment. Join us as we change the way the world defines financial freedom.
PayPal provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, pregnancy, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. In addition, PayPal will provide reasonable accommodations for qualified individuals with disabilities.