[Hiring] Deposits Compliance Analyst @Lead

Role Description

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 Deposits Compliance Analyst will be responsible for assisting the Deposits 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 fintech partner programs. Further duties can be assigned at any time due to expanded activities from the bank, its partners, or regulators.

In this role, you will:

• Work closely with the Deposits Compliance team, 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, including but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management.
• Review business unit and Fintech partner policies, procedures, and marketing materials 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.
• Be a supportive resource to the business units for questions related to consumer protection laws and regulations in relation to payments, including but not limited to debit/prepaid card, checks, ACH, wires, and instant payments.
• Demonstrate the values of Lead Bank and set a personal example for team members to follow.
• Perform other duties as assigned.

Qualifications

• Minimum of 1-3 years’ banking experience.
• Knowledge and experience with the elements of Compliance Management Systems (CMS), including but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management.
• Understanding of applicable federal and state laws, regulations, and guidance, including but not limited to UDAAP, FTC Guidelines, Reg E, Reg CC, Nacha Rules, Visa/Mastercard Rules, and other federal consumer protection legislation and regulations.
• 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, humble, open to learning, and approach 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.

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.