Manager – Risk Controls Testing
Posted on 11/7/2023

201-500 employees

Digital platform for recreational purchases and financing
Company Overview
Octane® is a trailblazer in the recreational purchase industry, offering a comprehensive digital buying experience that streamlines the process of acquiring lifestyle products such as powersports vehicles and outdoor equipment. With a unique blend of advanced technology and innovative risk strategies, Octane not only facilitates quick and easy financing but also provides valuable content through its editorial brands and superior loan servicing, making it a trusted partner throughout the customer journey. Recognized as a Great Place to Work® and one of the fastest-growing private companies in America, Octane's remote-first culture, transparent pay policy, and inclusive benefits package demonstrate its commitment to employee satisfaction and growth.
Consumer Goods
Data & Analytics

Company Stage


Total Funding





New York, New York

Growth & Insights

6 month growth


1 year growth


2 year growth

Experience Level
Desired Skills
Data Analysis
SAP Products
Power BI
Business & Strategy
  • Bachelor's Degree, MBA candidate a plus
  • Minimum 5+ years of professional experience in Risk & Compliance (Fair Lending experience preferred) with background in compliance testing, audit or risk
  • Experience in testing technical controls in financial institutions associated with compliance, SOX, audit, operational risk or related functions
  • Experience in requirement gathering and analysis, working with stakeholders, workflows Business processing, Process Mapping and GAP analysis
  • Experience working with consumer financial laws and regulations including but not limited to ECOA, TCPA, FCRA, TILA, UDAAP, FDCPA, EFTA
  • 3-5+ years of direct data management and data controls testing and reporting experience. Includes experience in the utilization of related technology tools
  • Ability to communicate complex regulatory concepts clearly and concisely to non-compliance individuals
  • Experience with a GRC tool (Orion, Archer, SAI360, etc.)
  • Advanced Excel and PowerPoint Skills SAS EG, SSMS, SAP Business Objects, Tableau, Power BI
  • Understands regulations governing financial institutions
  • Familiarity with risk measurement approaches including development of Key Risk Indicators and thresholds and associated reporting and analytics tools (e.g., Tableau)
  • Conduct testing in order to assess and review compliance with legal, regulatory and internal firm policy requirements applicable to Octane products and services
  • Develop testing modules and conduct testing across all business activities to evaluate adherence to regulatory requirements and compliance risks
  • Ensures effective identification and implementation of controls to manage operational, financial, and compliance risks
  • Act as subject matter expert on efficient processes to maintain an accurate library of risks and controls
  • Oversee timely completion of control design reviews, process management reviews, risk and control self-assessments, and enterprise risk assessments
  • Monitor the risk and control environment for weaknesses and identifies solutions to improve the effectiveness and efficiency of controls
  • Determine the root cause of issues and develop effective remediation plans to mitigate the risks
  • Prepare and distribute reports to senior management detailing review findings and recommendations
  • Develop clear data controls testing reporting objectives, develop and deliver accurate and comprehensive controls testing reporting to meet those objectives
  • Highlight control breakdowns, inadequate processes, and unexpected events and implements
  • Follow up on corrective actions in partnership with business manager to address process and control deficiencies
  • Facilitate cross functional review of regulatory updates
  • Identify operational risks in accordance with the Enterprise Risk Management, ensuring that adequate internal controls are in place to mitigate risks of all types
  • Help implement the Risk management framework, coordinate business ownership of processes, risks, controls, and tests
  • Selecting the sample of transactions to be tested
  • Collect and assess evidence of control operation
  • Prepare analysis and document test results in the system of record
  • Track identified issues through remediation and conduct continued testing to ensure processes are working as intended and complying with regulations
  • Coordinate with Octane's Data Team to automate control reports once built
  • Generate Risk reporting
  • Develop KRIs and KPIs