Compliance Testing Specialist II (Internal Auditor)

Description

About Foundation Finance:

Foundation Finance Company (FFC) is one of the fastest-growing consumer finance companies in the U.S. We work with home improvement contractors nationwide to help them close more sales through the use of flexible financing plans. FFC's full-spectrum lending approach has driven billions in originations and helped many customers make needed improvements to their homes. We're making big investments in both infrastructure and employee talent to keep up with our growth, so the time is right to join our team! It's a fast-paced environment with room to advance. We offer a competitive salary, medical/dental/vision benefits, 401(k) with company match, a casual dress work environment and much, much, more.

Overview

Compliance Testing Specialist II Description & Duties:

The Compliance Testing Specialist II is responsible for performing key tasks within the Company’s Compliance Testing function, including but not limited to performing compliance tests in accordance with the respective testing requirements, ensuring accurate results and reporting, performing root cause analyses, and assisting with remediation activities. The Compliance Testing Specialist II also provides support to other Compliance department functions as needed.

Duties may include, but are not limited to: 

Responsibilities

• Lead the ongoing development, implementation, and maintenance of the Compliance Testing program.
• Participate in the creation and administration of a periodic risk assessment associated with the Compliance Testing program.
• Perform testing to assess the design and effectiveness of processes and controls, and to evaluate compliance with Company policies, laws, and regulations.
• Ensure that the Compliance Testing program provides adequate coverage of the Company’s compliance with established requirements.
• Identify areas of improvement in the Company’s Compliance Management System (CMS) and assess any relevant operational risks.
• Provide compliance support for external and outsourced internal audits as
• Complete tracking logs, reports, and other documentation required under the Compliance Testing plan.
• Assist in periodic assessments of the Compliance Testing program to evaluate program effectiveness, determine testing emphasis, and identify areas of improvement.
• Participate in remediation activities and perform root cause analyses where appropriate.
• Engage in interdepartmental collaboration with other monitoring and testing functions at the Company to improve consistency of testing results and gain further insight into operational risks.
• Other duties as assigned by management. Must be able to come to work promptly and regularly. Must be able to take direction and work well with others. Must be able to work under the stress of deadlines. Must be able to concentrate and perform accurately. Must be able to react to change productive.

The Ideal Candidate:

Applicants must be reliable, dynamic, sociable and enthusiastic team players; while possessing a positive "can-do" attitude, excellent judgement and communication skills. Applicants must also have great attention to detail and ability to multi-task under the stress of deadlines with a strong desire to help the organization succeed.

Qualifications

Minimum Qualifications:

• Bachelor’s degree from an accredited 4-year college or university; minimum 4 years of experience performing audit or testing activities.
• Familiarity with consumer lending regulations is preferred.
• To perform this job successfully, an individual should have knowledge of Microsoft Office (Word, Excel, PowerPoint, Outlook, and Internet Explorer).

Foundation Finance Company LLC requires that remote employees must reside in one of the following states to be considered for any of our remote positions: WI, AL, AR, AZ, CO, CT, FL,GA, IA, IL, IN, KY, MD, ME, MI, MN, MO, MS, NC, NJ, NV, NY, OH, OK, OR, SC, TN, TX, UT, VA, WA

Working Conditions:

Office environment with significant time spent sitting, typing and talking on the telephone.

Foundation Finance Company provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation and training.

Pay Range