The opportunity has a generous salary of up to $150K plus generous incentives and a benefits package. (This is not a remote position.)Fintech Compliance Officer responsibilities include:
- Evaluates contracts with vendors, emphasizing compliance aspects and risk management.
- Provides compliance expertise and guidance on bank wide projects to include Fintech oversight and BaaS as well as new product and system offerings.
- Identifies and analyzes risks associated with new and existing Fintech Leads, third-parties, third-party products, product channels and significant changes in existing products are properly evaluated and adequately communicated.
- Evaluates and monitors third-party vendor performance to ensure compliance with regulatory requirements, contractual obligations, bank, and industry standards.
- Leads Fintech Partnership Oversight.
- Maintains policy and standards for consumer & commercial compliance across all Fintech partnerships.
- Advisory on Third-Party Compliance, advising on potential risks.
- Collaborates with other departments to develop and implement policies and procedures that ensure compliance with federal and state laws and regulations.
- Serves as the subject matter expert on compliance issues related to third-party relationships.
- Advises senior management on potential risks and mitigation strategies in the realm of third-party relationships.
- Ensures that Project Teams, Fintech Leads, and BaaS partners develop and apply policies and procedures with a view to meeting our standards of integrity, as well as federal, state and local legislation and regulations.
- Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
- 8+ years of demonstrated experience in banking compliance.
- Minimum of 3 years of experience leading teams with demonstrated success coaching and motivating team members. Â
- Requires up to 10% travel to various locations and company branches and third-party locations across the country. Required to meet multiple priorities and project due dates.
- Bachelor’s degree in finance, Risk Management, Business Administration or a related field preferred.Â
- Comprehensive understanding of federal and state banking regulations. Â
- Compliance professional certifications required. CRCM (Certified Regulatory Compliance Manager) or equivalent.Â
- Proven ability to collaborate effectively and execute tasks within the designated areas of responsibility.Â
- Banking as a Service and Fintech experience is preferred but not required.Â
- Excellent oral, written, and interpersonal communication skills with the ability to instruct others, interpret documents, and write reports and correspondence.
- Excellent organizational and time management skills.
- Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
The next step is yours. Email us your current resume along with the position you are considering to:resumes@symicorgroup.com
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