Payments Compliance Analyst

Lead Bank

1d•$95,000 - $115,000

About The Position

Lead is seeking a dynamic, self-motivated compliance professional to join our Compliance Team. Lead views regulatory compliance as a key driver of innovation and this position presents a unique opportunity to play a foundational role in continuing to build and implement our forward thinking compliance strategy. The Payments Compliance Analyst will be responsible for assisting the Payments Compliance team in the delivery of the Compliance Management System (CMS). The role will have a primary focus in conducting day-to-day due diligence, monitoring and review related to the Bank’s Payments fintech partner programs. Further duties can be assigned at any time due to expanded activities from the bank, its partners, or regulators.

Requirements

Minimum of 1-3 years banking experience
Have knowledge and experience with the elements of Compliance Management Systems (CMS), included but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management.
Have an understanding of applicable federal and state laws, regulations and guidance, including, but not limited to UDAAP, Reg E, Reg CC, Nacha Rules, Visa/Mastercard Rules, and other federal consumer protection legislation and regulations
Demonstrate exceptional communication skills, both writing and verbal
Ability to make judgements with exceptional speed, based on information provided
Ability to work and complete tasks independently, with minimal direct supervision
Eager to learn and achieve proficiency
Curious, have humility, 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

Responsibilities

Work closely with the Payments Compliance Program Manager, 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 the elements related to the Bank’s Compliance Management System to enhance Lead’s CMS and those of the fintech partners included but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management.
An understanding or interest in learning applicable federal and state laws, regulations and guidance, including, but not limited to: UDAAP, Reg E, Reg CC, Nacha Rules, Visa/Mastercard Rules, and other federal consumer protection legislation and regulations.
Review business unit and Fintech partner policies and procedures for adherence to laws and regulations and recommend changes based on risks identified or changes in laws and regulations.
Monitor compliance related Partner controls and key risk indicators to identify weaknesses, research issues, and make recommendations for remediation where required.
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 Fintech partners.
Supportive resource to the business units for questions related to consumer protection laws and regulations in relation to Payments.
Demonstrate the values of Lead Bank and set a personal example for team members to follow.

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

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