Principal Compliance Analyst

Summary

Join Lead Bank, a fintech building banking infrastructure, as a Principal BaaS Compliance Analyst. You will ensure compliance with regulations, industry standards, and internal policies for Banking as a Service (BaaS) offerings. As a senior member of the compliance team, you will provide strategic guidance, lead initiatives, and collaborate with cross-functional teams to mitigate compliance risks. Responsibilities include leading the compliance framework for BaaS operations, staying updated on regulations, identifying and mitigating risks, creating and updating compliance policies, and providing training. You will also work with product, technology, and legal teams to embed compliance into the product development lifecycle. The role requires strong analytical, communication, and leadership skills, along with 8+ years of experience in compliance or risk management, particularly in BaaS, fintech, or banking. Lead Bank offers competitive compensation, comprehensive benefits, and a fun and challenging work environment.

Requirements

• 8+ years in compliance or risk management, particularly in BaaS, fintech, or banking
• Have knowledge of applicable federal and state laws, regulations and guidance, including, but not limited to Reg E, UDAAP, TILA, ECOA, FCRA, SCRA/MLA, Regulation CC, TISA, and other federal consumer protection legislation and regulations
• Strong analytical, communication, and leadership skills
• Ability to manage multiple projects and collaborate across teams
• Eager to learn and achieve proficiency
• Ability to motivate and lead
• Are curious, have humility, are open to learning 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

Responsibilities

• Work closely with the Director of Compliance, Compliance Lead, other business lines, and Fintech partners to ensure consideration and accurate implementation of controls and processes necessary to meet regulatory compliance requirements
• Lead the compliance framework for BaaS operations, ensuring adherence to regulations and internal policies. Provide strategic guidance on compliance risks for BaaS products and services
• Stay updated on relevant regulations and oversee timely regulatory filings and reports. Serve as a primary contact for regulators and auditors
• Identify and mitigate compliance risks, collaborate with teams to implement internal controls, and conduct ongoing risk assessments
• Create and update compliance policies for BaaS operations, and provide training to internal teams on regulatory requirements and best practices
• Work with product, technology, and legal teams to embed compliance into the BaaS product development lifecycle and advise on compliance implications
• Prepare regular compliance reports for senior management and maintain accurate documentation for audits and investigations
• Perform all other duties as assigned

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