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Lending Compliance Examination Lead

2 months ago


Oakland, California, United States Block Full time
Job Overview

Company Overview:
Block, a pioneering technology firm, began its journey in 2013 with a vision to simplify peer-to-peer transactions. Over the years, Cash App has evolved into a comprehensive financial ecosystem, offering innovative products like Afterpay/Clearpay, aimed at enhancing the way our 47 million monthly active users send, spend, invest, borrow, and save money. Our mission is to transform the global perception of money, making it more relatable, accessible, and available to everyone.

Position Summary:
We are seeking a seasoned Regulatory Examination Manager with a robust background in federally regulated financial institutions. This role is crucial in providing both organizational and substantive support to our Regulatory Team. You will be instrumental in establishing new systems and procedures while collaborating with diverse teams across Block. This position offers a unique opportunity to contribute to a dynamic legal team, tackling exciting challenges as we broaden our service offerings.

Key Responsibilities:

  • Oversee the examination program to ensure compliance with legal and regulatory obligations while minimizing the impact on business operations.
  • Manage federal regulatory examinations, collaborating with team members to achieve favorable examination outcomes.
  • Coordinate the preparation of all examination requests and inquiries, ensuring accurate data collection from various teams.
  • Support project planning and tracking for any necessary remediation efforts.
  • Build and maintain relationships with internal and external stakeholders, responding efficiently to regulatory inquiries.
  • Monitor, interpret, and implement legal and regulatory requirements effectively.
  • Ensure accurate data management within the GRC and oversee workflow processes to meet deadlines.
  • Maintain documentation standards within the GRC, ensuring proper organization and timely delivery to regulators.

Qualifications:

  • Minimum of 5 years of direct experience with federal regulatory examinations (e.g., FDIC, FRB, OCC, CFPB) and bank partnership lending models.
  • Strong understanding of lending and banking regulations, along with industry best practices.
  • Proven experience in creating and implementing operational efficiencies.
  • Familiarity with analyzing lending-related data and reports.
  • Demonstrated ability to organize and manage multiple projects effectively.
  • Skilled in interpreting and clarifying legal and regulatory obligations.
  • Strong analytical and problem-solving capabilities when dealing with regulatory matters.
  • Experience with GRC and issue management systems.

Additional Information:
Block adopts a market-based approach to compensation, which may vary based on geographic location and other factors. Our comprehensive benefits package includes healthcare coverage, retirement plans, employee stock purchase programs, wellness initiatives, and paid leave options. We are committed to fostering an inclusive workplace where all employees have equal access to opportunities.

Block is an equal opportunity employer, dedicated to creating a diverse environment. We evaluate all applicants and employees fairly, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender identity, sexual orientation, or any other legally protected status.