Compliance Testing Officer

The Role

As a Compliance Testing and Monitoring Officer, you will be a core member of Salmon Bank's Second Line of Defense (2LOD) assurance function — responsible for executing independent compliance testing, ongoing control monitoring, and structured issue management activities.

This role sits at the intersection of regulatory compliance and operational integrity. You will provide objective, evidence-based assurance to senior management, directly support responses to BSP Results of Examination (ROE), and track remediation of audit findings through to closure.

This is a role for someone who is sharp, methodical, and deeply committed to doing things right — someone who can work independently, communicate findings clearly, and hold the line on compliance standards without losing sight of the bigger picture.

What You'll Do

Compliance Testing

• Execute the periodic compliance testing program covering key business processes, regulatory obligations, and internal policy requirements.

• Design and apply testing procedures, sampling methodologies, and workpaper standards that meet 2LOD independence and quality expectations.

• Document testing results with sufficient clarity and evidence to support observations, conclusions, and recommendations.

• Identify control gaps, policy breaches, and regulatory non-conformances, and communicate findings to business unit heads and senior management in a timely manner.

• Maintain an up-to-date testing calendar and tracker, ensuring all planned activities are completed within agreed timelines.

• Support alignment of the testing program with BSP and other applicable regulatory examination requirements.

Control Monitoring

• Perform ongoing monitoring of key controls across covered business lines to detect breaches, deterioration, or emerging weaknesses.

• Collect, analyze, and interpret control performance data and metrics, flagging anomalies or adverse trends for escalation.

• Conduct targeted deep-dive reviews when monitoring results indicate heightened risk or control failure.

• Maintain monitoring logs and evidence files in line with documentation standards and audit trail requirements.

• Coordinate with First Line of Defense (1LOD) process owners to obtain monitoring data, clarify control design, and validate control operation.

• Escalate significant control breaches, regulatory risks, or systemic issues to the Compliance Testing and Monitoring Head, Chief Compliance Officer, and Senior Management without undue delay.

Issue Management

• Log and maintain accurate records of all compliance testing findings and control monitoring exceptions in the issue tracking system.

• Track remediation commitments by business units, following up regularly to assess progress and validate completion.

• Verify the adequacy and effectiveness of remediation actions prior to issue closure — ensuring root causes, not just symptoms, have been addressed.

• Prepare and maintain status reports on open findings, aging issues, and remediation timelines for senior management reporting.

• Directly support the management and tracking of findings from BSP ROE, Letters of Concern (LOC), internal audits, and compliance incidents.

• Flag recurring or systemic issues, supporting root cause analysis and thematic reporting.

Reporting & Documentation

• Prepare clear, well-structured testing reports and monitoring summaries that accurately reflect findings, risk ratings, and recommended actions.

• Maintain organized and examination-ready workpaper files for all testing and monitoring activities.

• Contribute to periodic compliance reporting packages for senior management and Board-level committees.

• Support the continuous improvement of testing procedures, monitoring frameworks, and issue management protocols.

Stakeholder Engagement

• Build effective working relationships with First Line business units as a professional and constructive 2LOD counterpart.

• Communicate findings and monitoring results clearly and objectively, balancing independence with a solutions-oriented approach.

• Assist the Compliance Testing and Monitoring Head and Chief Compliance Officer in preparing materials for regulatory examinations, including coordination of information requests and document production.

• Participate in compliance-related working groups, meetings, and training activities as required.

What You Bring

• Experience in compliance testing, internal audit, or regulatory compliance within a financial institution or bank.

• Solid understanding of BSP regulations, compliance frameworks, and 2LOD assurance principles.

• Strong analytical skills — able to assess control effectiveness, interpret data, and identify systemic issues.

• Meticulous attention to detail with high standards for documentation and workpaper quality.

• Clear and professional written and verbal communication skills — able to present findings to senior stakeholders.

• Organized and self-directed, with the ability to manage multiple workstreams and meet deadlines.

• Integrity-driven mindset — comfortable holding the line on compliance standards across all levels of the organization.