Compliance Analyst

Summary

Join Lead Bank, a fintech building banking infrastructure, as a Compliance Analyst. You will assist in delivering the Compliance Management System (CMS), focusing on monitoring and reviewing lending, deposit, and operational activities, as well as BaaS fintech partner programs. This role requires close collaboration with various teams and partners to ensure regulatory compliance. You will maintain knowledge of applicable laws and regulations, conduct reviews and testing, and contribute to risk assessments and regulatory preparations. Lead Bank offers competitive compensation, comprehensive benefits, and a supportive work environment.

Requirements

• Minimum of 1-3 years’ banking compliance experience
• Have knowledge of applicable federal and state laws, regulations and guidance, including, but not limited to Reg E, TILA, ECOA, FCRA, SCRA/MLA, Regulation CC, TISA, and other federal consumer protection legislation and regulations
• Demonstrate exceptional communication skills
• Ability to make judgements based on information provided
• Ability to work and complete tasks with minimal direct supervision
• Eager to learn and achieve proficiency
• Ability to motivate and lead

Responsibilities

• Work closely with the Compliance Lead, Senior Compliance Analysts, other business lines, and Fintech partners to ensure consideration and accurate implementation of controls and processes necessary to meet regulatory compliance requirements
• Maintain proficient knowledge of applicable federal and state laws, regulations and guidance, including, but not limited to, Reg E, TILA, ECOA, FCRA, SCRA/MLA, Reg CC, TISA, and other federal consumer protection legislation and regulations
• Assist with meeting with responsible Fintech Partner key stakeholders to gain an overall understanding of their Compliance Management System
• Work with Compliance DRI to review Fintech partner policies and procedures for adherence to laws and regulations and recommend changes based on risks identified or changes in laws and regulations
• Support the monitoring of compliance related partner controls and key risk indicators by identifying weaknesses, investigating issues, and providing actionable recommendations for remediation as needed
• Assist with the review of FinTech partner marketing and program collateral to ensure alignment with regulatory requirements and compliance standards
• Assist with transaction, account, and loan level testing as needed to verify adherence to applicable FinTech partner control requirements
• Assist the business unit/Fintech partner in the development of action plans and corrective action associated with monitoring/review findings, as necessary
• Develop effective working relationships with department employees, other business units, and key stakeholders of the Banks Fintech partners
• Contribute to the completion of annual compliance risk assessments for the bank and BaaS partners, as needed
• Assist in the coordination of, and preparation for, regulatory agency exams, and external audits/reviews
• Participate in bank initiatives and projects to ensure compliance with federal, state, and local laws and regulations
• Assist other Compliance staff as necessary
• Demonstrate the values of Lead Bank and set a personal example for team members to follow

Preferred Qualifications

• Are curious, have humility, are open to learning and approach your work with a growth mindset
• Thrive working in a fluid environment with high autonomy
• Love to collaborate to get to the best, most efficient outcome
• Embody the growth mindset and bring a self-driven and self-starter mentality to your work

Benefits

• Competitive compensation based on experience, geographic location, and role
• Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
• Paid parental leave
• Flexible vacation policy, including PTO and paid holidays
• A fun and challenging team environment in a dynamic industry with ample opportunities for career growth