the client is seeking a Fintech Compliance Officer to lead and oversee compliance efforts for third-party programs, including fintech relationships and banking as a service, across the program life cycle. The role focuses on ensuring compliance for third-party arrangements, evaluating program-related risks, and providing guidance that supports bank-wide projects involving fintech oversight and new product or system offerings.
Key responsibilities include evaluating vendor and fintech-related contracts for compliance and risk management considerations; identifying, analyzing, and communicating risks tied to new and existing fintech leads, third parties, third-party products, product channels, and significant product changes; and evaluating and monitoring third-party vendor performance to ensure alignment with regulatory requirements, contractual obligations, and applicable bank and industry standards. The role also maintains consumer and commercial compliance policies and standards across fintech partnerships, advises on third-party compliance risks, and serves as a subject matter expert for compliance issues related to third-party relationships.
The ideal candidate will bring demonstrated banking compliance experience (8+ years) and at least 3 years of experience leading teams with a track record of coaching and motivating team members. A bachelor’s degree in a relevant field is preferred, along with a comprehensive understanding of federal and state banking regulations and required compliance professional certifications, including CRCM or an equivalent. The position also requires strong communication and instructional abilities, excellent organization and time management, and the capacity to address complex, multi-faceted problems while collaborating with other departments to develop and implement compliance policies and procedures.