Compliance Testing Manager

Overview

Old National Bank has been serving clients and communities since 1834. With $48 billion in total assets, we are a regional powerhouse deeply rooted in the communities we serve.

As a trusted partner, we thrive on helping our clients achieve their goals and dreams, and we are committed to social responsibility and investing in our communities through volunteering and charitable giving.

Our team members are our greatest asset, and we continually invest in their growth and development. We offer a variety of Impact Network Groups led by team members who are passionate about driving engagement, creating awareness of diverse backgrounds and experiences, and building inclusion across the organization.

The Corporate Compliance Testing Manager is responsible for managing and coordinating an effective corporate-wide regulatory Compliance Testing Program.

Compliance testing is an important part of the bank's Enterprise Compliance Program. Compliance testing assures Senior Management and the Board that regulatory compliance risk is being appropriately managed within the Bank's established risk appetite.

The Compliance Testing Manager is an important role within our Compliance function and must have a strong understanding of regulatory requirements and regulatory expectations, be able to effectively direct, oversee and motivate team members and be able to clearly communicate results (verbally and in writing) to stakeholders.

Key Accountabilities

Develop, Implement and Maintain the Corporate Compliance Testing Program :

• Maintain a Compliance Testing Program, procedures and processes to ensure compliance testing activities are performed consistently with a high level of quality.
• Maintain a risk-based regulatory compliance testing schedule
• Manage a team of compliance testing professionals in planning, executing and reporting the results of regulation-based compliance testing.

Provide guidance to staff regarding complex compliance issues. Evaluate team member performance through quality assurance reviews, performance evaluations and coaching.

Foster a positive work environment focused on developing individual team member skills through learning and growth opportunities.

• Partner with other Compliance, Legal and Line of Business stakeholders in developing recommendations to enhancements to compliance controls
• Maintain a current knowledge of applicable laws, regulations and regulatory expectations (including industry enforcement actions and emerging risks).
• Update the Bank's testing strategy and schedule as warranted by regulatory or business changes. Keep abreast of changes through coordination with other stakeholders.
• Manage all logistical aspects of the testing process, including budgeting / scheduling, planning / scoping, executing, and reporting.

It also includes coordinating activities with others involved in compliance assurance activities, including Compliance Advisory Services, Internal Audit, Enterprise Risk Management and Legal.

• Perform validation testing on issues to ensure they have been fully addressed.
• Contribute to the regulatory compliance risk assessment process by coordinating with the Compliance Advisory Services team and Enterprise Risk team, particularly as it relates to compliance control ratings
• Develop and provide oversight for ongoing management reporting for compliance program elements including KRIs for key findings.

Serve as a key resource for internal associates, management, the board of directors, and regulators :

• Provide reports to Senior Management and the Board on overall testing results and trends.
• Provide periodic status reporting to the various Management and Board level governance committees.
• Manage the tracking and reporting of compliance issues through coordination with the Compliance Advisory Services Manager and the Fair and Responsible Banking Manager.
• Assist with compliance regulatory exams, as may be required.
• Assist in researching compliance requirements that may arise during the compliance testing process.

Key Competencies for Position

People Leadership :

• Coach, Motivate & Empower Others- Provides timely feedback, support and guidance to encourage and support associates to accomplish tasks, solve problems, and enhance their development.
• Gaining Agreement- Uses appropriate interpersonal styles and techniques to gain acceptance of ideas or plans; modifies one's own behavior to accommodate tasks, situations and the individuals involved.

Culture Leadership :

Communication : Shares information in a clear, factual and balanced approach, maintaining emotional intelligence, tailoring the delivery to the audience, selecting appropriate delivery methods.

Execution Leadership :

• Drive and Execution- Committed to achieving established goals, overcoming obstacles, and continuously learning to improve performance and operating efficiencies
• Analytical / Problem Solving / Decision Making- Seeks to identify root causes of issues, consults with lines of business and subject matter experts, as appropriate, to determine the best solution and acts within approved policies, procedures, and established guidelines.

Qualifications and Education Requirements

• Bachelor's degree in business, Finance, Accounting, Law or related field
• 10+ years relevant experience in banking combined with operations, compliance, audit, lending or other relevant business experience.
• CRCM or JD, preferred but not required.
• Experience with OCC and CFPB large bank examinations, preferred but not required
• Strong technical knowledge of applicable federal and state banking laws and regulations and of bank services, policies, and procedures.

Ability to read, analyze and interpret governmental laws, regulations and regulatory guidance.

• Ability to manage multiple reviews concurrently and effectively both under pressure and under deadlines.
• Excellent presentation and communication skills. Experience writing formal compliance testing reports.
• Highly proficient in auditing / examination techniques.
• Demonstrates conceptual thinking and analytical skills. Advanced problem-solving skills with the ability to define problems, analyze variables and propose solutions.
• Strong leadership skills and people management experience.
• Strong competency using technology, including the ability to learn to generate system reports, analyze data and the use of Microsoft Office Suite products, such as Excel, Word, Teams and PowerPoint

Key Measures of Success / Key Deliverables :

• Leading team members through coaching, empowerment and other development methods to foster a positive work environment where all feel valued and included.
• Effectively identifying, analyzing and helping to mitigate compliance risks through a risk-based approach.
• Cultivates strong relationships with lines of business to collaborate on necessary reporting, daily business needs and corporate initiatives.

Old National is proud to be an equal opportunity employer focused on fostering an inclusive workplace and committed to hiring a workforce comprised of diverse backgrounds, cultures and thinking styles.

As such, all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, protected veteran status, status as a qualified individual with disability, sexual orientation, gender identity or any other characteristic protected by law.

We do not accept resumes from external staffing agencies or independent recruiters for any of our openings unless we have an agreement signed by the Director of Talent Acquisition, SVP, to fill a specific position.

Our culture is firmly rooted in our core values. We are optimistic. We are collaborative. We are inclusive. We are agile. We are ethical.

We are Old National Bank. Join our team!