Compliance Analyst Intern

Job Title: Compliance Analyst Intern

Location: Fairfield, NJ

Duration: full-time (up to 40 hours per week), for a period of 10 weeks (June 8 - August 14)

About Us: Our mission is to help clients achieve their financial goals both for today and tomorrow through financial expertise, strong leadership, and loyal relationships. This is achieved through deep-rooted guiding principles of strong values, including ethics, integrity, and giving back to the communities we serve.

Our Department: The Compliance Department oversees the Bank's compliance with both federal and state laws, regulations, supervisory guidance, and internal policies. Acting as an independent second line of defense, it identifies, evaluates, monitors, and addresses compliance risks throughout all areas and products of the business.

Maintaining its independence from business units, the department reports to senior management and the Board of Directors, either directly or via a designated committee. This setup supports effective oversight, timely escalation, and clear communication regarding compliance concerns and any required corrective measures.

By encouraging accountability, transparency, and proactive risk management, the Compliance Department helps build a strong compliance culture within the organization.

Job Overview: The Compliance Summer Internship Analyst will support the Bank's Compliance Management System (CMS) by assisting with compliance monitoring, testing activities, and data analytics. This internship provides hands-on exposure to regulatory compliance within a financial institution and is designed to develop analytical, critical-thinking, and risk-assessment skills. The intern will work closely with the Department Leads to evaluate controls, analyze data, and help identify potential compliance risks

The following reflects management's definition of essential functions for this job but does not restrict the tasks that may be assigned. Management may assign or reassign duties and responsibilities to this job at any time due to reasonable accommodation or other reasons.

Compliance Monitoring & Testing

Assist in the execution of compliance monitoring and testing activities across consumer, commercial and retail banking areas.
• Perform transactional testing and file reviews to assess compliance with applicable laws and regulations (e.g., Reg B, Reg CC, Reg Z, CRA, UDAAP, Fair Lending).
• Document testing procedures, results, and exceptions in accordance with established compliance testing methodologies.
• Assist in tracking issues, corrective actions, and remediation timelines.
• Support preparation of monitoring and testing reports and presentations for Compliance Management and senior leadership.

Data Analytics & Reporting

• Collect, and analyze compliance-related data from multiple systems and reports.
• Use data analytics to identify trends, anomalies, and potential compliance risks.
• Assist with fair lending, complaints, and other compliance-related analytics.
• Develop dashboards, summaries, and visualizations to support compliance with risk assessments and reporting.
• Support data integrity and quality control efforts related to compliance reporting.

Compliance Support

• Assist with updates to compliance policies, procedures, and monitoring tools.
• Provide support for the research and resolution of compliance-related inquiries.
• Support with internal audits, including data requests and document organization.
• Participate in compliance risk assessments and annual monitoring plan activities.
• Contribute to special compliance projects as assigned.

• Strong analytical and quantitative skills with attention to detail.
• Proficiency in Microsoft Excel; experience with data analysis tools.
• Ability to interpret data and communicate findings clearly and concisely.
• Strong written and verbal communication skills.
• Ability to work independently while collaborating effectively within a team.
• Interest in banking regulation, compliance, risk management, or data analytics.