Business Controls Associate - Oversight & Control - RJ Bank RJ Bank

Essential Duties and Responsibilities:

• Execute assigned monitoring and control testing reviews in accordance with the annual RJ Bank Oversight & Control Monitoring & Testing Plan.

• Perform risk-based sampling, testing, and validation procedures to assess compliance with internal policies, procedures, regulatory requirements, and established controls.

• Analyze transaction-level and control-level data to identify errors, trends, control weaknesses, and emerging risks requiring management attention.

• Document review procedures, testing results, observations, and conclusions in accordance with departmental standards and established methodologies.

• Prepare monitoring and testing reports that clearly communicate results, observations, root causes, risk impacts, and recommended corrective actions.

• Track identified issues through remediation and validate that corrective actions have been effectively implemented and sustained.

• Utilize data analytics tools and internal systems to perform reviews of large and complex data sets and support risk assessments and testing activities.

• Support periodic reporting of monitoring and testing results, key risk indicators, and identified control issues to management and governance committees.

• Support internal audits, regulatory examinations, and compliance reviews by providing documentation, analysis, and subject matter expertise related to monitoring and testing activities.

• Assist with the development and enhancement of monitoring and testing methodologies, procedures, and reporting practices to improve the effectiveness of the Oversight & Control Program.

• Act as a subject matter expert supporting business units across Raymond James Bank in the identification, assessment, and mitigation of operational and regulatory risks.

• Perform other duties and special projects as assigned.

Knowledge of:

• Concepts, practices and procedures of internal control testing or internal quality assurance processes

• Working knowledge of applicable banking regulations including but not limited to: Regulation B, C, DD, E, O, TRID, RESPA, TILA, CRA, FCRA, ECOA, UDAAP, etc.

• Knowledge of Raymond James Bank products and services, including deposit products, residential mortgage lending, securities-based lending, tailored lending, cash management solutions, and other consumer and commercial banking products and services.

Skills in:

• Identifying, reviewing and implementing controls and quality assurance processes

• Compiling information and preparing oral and written summaries and reports

• Investigating process and procedure breakdowns to determine root cause

• Analyzing data, drawing conclusions, and identifying solutions to complex problems

• Operating standard office equipment and using required software applications including Microsoft Office

Ability to:

• Attend to detail while maintaining a big picture orientation.

• Gather information, identify linkages and trends and apply findings to assignments.

• Interpret and apply banking regulations and identify and recommend changes as appropriate.

• Work under pressure on multiple tasks concurrently and meet deadlines in a fast-paced work environment with frequent interruptions and changing priorities.

• Use appropriate interpersonal styles and communicate effectively, both orally and writing, with all organizational levels.

• Work independently as well as collaboratively within a team environment.

• Provide a high level of customer service.

• Establish and maintain effective working relationships at all levels of the organization.

• Maintain confidentiality.

• Keep abreast of banking industry rules and regulations and best practices