Risk Management and Compliance Professional

4 days ago


Salt Lake, Utah, United States First Electronic Bank Full time
Job Title: Compliance Manager

Salary: $130,000 - $200,000 per year

About Us

First Electronic Bank is a leading financial institution committed to innovation and excellence. Our compliance team plays a vital role in ensuring that our business practices align with regulatory requirements.

Job Summary

We are seeking a seasoned Compliance Manager to join our world-class compliance team. The ideal candidate will have a strong background in compliance and risk management, with excellent communication and presentation skills.

About the Role:

The Compliance Manager will be responsible for supporting our Strategic Partnership relationships by working closely with our Partner Managers to oversee contractual and regulatory compliance requirements. This includes advising on compliance matters, conducting reviews, and coordinating testing findings.

Duties and Responsibilities:

  • Serve as the primary contact for compliance-related information and activities related to regulatory due diligence of assigned programs.
  • Provide subject matter expertise to ensure that existing and proposed business practices comply with federal and state regulations.
  • Conduct risk assessments to identify key compliance risk areas and mitigating controls.
  • Work with partner managers to address testing and audit findings.
  • Identify compliance risks and advise on related processes and procedures.
  • Review and manage customer complaint handling process.
  • Perform site visit reviews of partners (may require travel).
  • Prepare and present monthly reporting to senior management and the board.
  • Discuss/review testing documents with the Compliance Testing Team.
  • Continually develop compliance knowledge and skills through training and conferences.
Requirements

To be successful in this role, you will need:

  • A Bachelor's degree in accounting, finance, or a related field (or 4-6 years of experience in compliance).
  • Strong knowledge of consumer protection regulations, including UDAAP, ECOA/Fair Lending, TILA, FCRA/FACTA, SCRA, MLA, FDCPA, and TCPA.
  • Excellent communication and presentation skills.
  • Experience in performing internal control reviews, quality assessments, compliance testing, and audits.
  • Project management and organizational skills.
  • The ability to work independently in a fast-paced environment.
  • Good relationship management and judgement skills.


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