Lead Compliance Officer - Banking

Lead Compliance Officer

Location: Remote

Duration: 6 months

About this role:

Seeking a Lead Compliance Officer in Consumer Lending Compliance as part of the Credit Card Compliance Team.

In this role, you will:

• Provide oversight and monitoring of business group risk-based compliance programs
• Maintain compliance risk expertise and consulting for projects and initiatives with moderate to high risk, over multiple business lines
• Establish, implement, and maintain risk standards and programs to drive compliance with federal, state, agency, legal, regulatory, and Corporate Policy requirements
• Oversee the Front Line's execution and challenge appropriately on compliance-related decisions
• Develop, oversee, and provide independent credible challenge to standards with subject matter expertise
• Provide direction to the business on developing corrective action plans and effectively managing regulatory change
• Report findings and make recommendations to management and appropriate committees
• Identify and recommend opportunities for process improvement and risk control development
• Receive direction from leaders and exercise independent judgment while developing the knowledge to understand function, policies, procedures, and compliance requirements
• Monitor the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management
• Oversee the Front Line's execution and challenge appropriately on compliance-related decisions
• Make decisions and resolve issues to meet business objectives
• Interpret policies, procedures, and compliance requirements
• Collaborate and consult with peers, colleagues, and managers to resolve issues and achieve goals
• Work with complex business units, rules, and regulations on moderate to high-risk compliance matters
• Interface with Audit, Legal, external agencies, and regulatory bodies on risk-related topics

Required Qualifications:

• 5+ years of Compliance experience, or equivalent demonstrated through one or a combination of the following: work experience, training, military experience, education

Desired Qualifications:

• Experience in risk management and regulatory compliance
• Knowledge and understanding of lending policies, regulations, and compliance
• Active Certified Regulatory Compliance Manager (CRCM) designation
• Experience interpreting and applying state, federal, and agency legal and regulatory compliance requirements specific to consumer lending, including but not limited to Regulation Z, Regulation B, Fair Credit Reporting Act, CAN SPAM, UDAAP, SCRA, MLA, and Fair Lending
• Experience developing, implementing, and monitoring a risk-based compliance program to ensure compliance with federal, state, agency, legal, and regulatory requirements or providing oversight to a compliance function
• Knowledge and understanding of consumer credit card compliance and/or industry knowledge related to consumer credit card lending
• Familiarity with Cobrand partnerships at financial institutions and/or experience dealing with Financial Technology (FINTECH) partners
• Ability to review and monitor issues and corrective actions relating to regulatory compliance
• Proven track record of building and maintaining strong working relationships and coordinating with stakeholders to achieve goals