Sr. Compliance Advisor

Varo Bank•Charlotte, NC

About The Position

Varo is an entirely new kind of bank. All digital, mission-driven, FDIC insured and designed for the way our customers live their lives. A bank for all of us. About The Role The Compliance Advisory Manager will serve as a primary subject matter expert (SME) providing strategic guidance on regulatory requirements for our digital banking products. You will partner directly with Product, Engineering, and Marketing teams to ensure that our "digital-first" initiatives, ranging from lending to high-yield deposit products, are built with "Compliance by Design." This role reports to the Senior Regulatory Compliance Manager. We are seeking a proactive, growth-oriented professional who thrives in dynamic work environments. The ideal candidate possesses deep expertise in consumer compliance regulations and financial services product development, with a passion for devising creative yet compliant solutions to complex business challenges. This role offers a unique chance to join the compliance department at the nation’s first all-digital bank to be granted a national charter.

Requirements

Advanced knowledge of consumer compliance regulations, including Reg E, Reg DD, Reg Z, Reg B, UDAP/UDAAP, FCRA/FACTA, FDCPA, Reg CC, E-Sign, Reg J, and IRS procedures.
Proven ability to establish effective partnerships and collaborate across diverse internal and external stakeholders.
Practical experience with Compliance Management Systems
Strong leadership qualities characterized by a sense of ownership and the ability to drive thought-leadership.
Capability to manage multiple workstreams simultaneously in a fast-paced, high-volume setting.
A passion for using technology to address compliance issues, paired with a high degree of intellectual curiosity.

Nice To Haves

CRCM certification preferred, not required.

Responsibilities

Provide strategic advisory services to business units regarding regulatory compliance obligations and the implementation of corresponding internal controls.
Collaborate with Product, Operations and other business lines in the development lifecycle to embed compliance principles into all new and enhanced products, services and workflows.
Review PRDs and JIRA tickets related to product/system enhancement and development.
Partner with Operations to evaluate, guide, and approve procedures, FAQs, and customer outreach materials for deposit and loan offerings
Coordinate with various business units and departments to facilitate and execute the Annual Compliance Risk Assessment
Support the annual FDIC-370 certification by working across multiple teams to manage the associated procedures, reporting, and final submission
Contribute to the periodic refinement of Risk and Control Self-Assessments (RCSA) for diverse financial products and service offerings related to Compliance
Provide oversight for Compliance Third-Party Risk Management (TPRM) reviews