Bank Compliance Testing Specialist

Develop, perform and document risk-based testing to evaluate the company’s adherence to policies, procedures, state and federal laws and regulations Execute assigned compliance testing reviews in a timely manner in accordance with the annual Compliance Testing Program. Evaluate processes for key compliance controls and develop strategies to ensure appropriate and effective testing of controls. Identify control weaknesses and root causes of compliance deficiencies, conduct extensive research to support regulatory findings/control weaknesses and propose appropriate corrective action. Assess the adequacy of remediation activities, monitor through completion and escalate past-due items. Prepare high quality work papers and final testing reports, which are presented to management, management committees and the Board of Directors.

According to JobzMall, the average salary range for a Bank Compliance Testing Specialist in 11n N Clark St, Chicago, IL 60602, USA is $50,000 to $85,000 per year. This salary range is based on the experience and qualifications of the individual.

The Canadian Imperial Bank of Commerce, commonly referred to as CIBC, is one of the "Big Five" banks in Canada.