Manager, Banking Compliance and Analysis

Manager, Banking Compliance and Analysis

Illumia is an industry leader in bringing the best integrated technology solutions to education, healthcare, and business campuses worldwide. Illumia was built on the collective expertise of two legacy cultures, and brings together people, technology, and insight to pioneer the art of the experience across the communities we serve. Be a part of this exciting organization and improving the lives of people doing mission-critical work.

This position is hybrid if local to our office in Alpharetta, GA or Scottsdale, AZ.

Alpharetta, GA - 1125 Sanctuary Parkway, Ste 220, Alpharetta, GA 30009

Scottsdale, AZ - 18700 N. Hayden Rd, Ste 230, Scottsdale, AZ 85255

We strive to provide the best customer experience in the industry and have succeeded with a single, strong motivating principle:
We serve our user community.

Our success and growth are directly attributed to our people. Our newly named company is dedicated to fostering a culture of integrity, respect, and continuous personal development. We maintain an entrepreneurial spirit, where creativity, innovative problem-solving, and learning agility drive our day-to-day actions.

The Manager, Banking Compliance and Analysis is responsible for the day-to-day execution of Illumia's compliance program, with a focus on Banking Operations, client onboarding and underwriting, and regulatory change management. This role requires strong analytical capability, sound judgment, and the ability to operate as a trusted subject matter expert across the organization. The Manager collaborates closely with Banking Operations, the BSA Officer, Legal, and other business units to ensure the company's practices align with regulatory expectations and the bank's risk appetite.

This role plays a critical role in supporting Illumia's compliance and analysis requirements through execution of daily compliance functions and direct collaboration with Banking Operations and other business units. This position is responsible for conducting and/or overseeing compliance monitoring, coordinating regulatory change efforts, client onboarding, and serving as the subject matter expert (SME) for compliance-related matters. The Compliance Manager also plays a key role in maintaining and enhancing compliance practices related to school-related transactions, disbursements and analysis, and overall compliance regulatory readiness.

The role supports audit preparation, policy maintenance, and ensures Banking Operations procedures are compliant and updated to reflect regulatory expectations. This role also leads Client Onboarding and Underwriting due diligence efforts and supports the BSA Officer with daily BSA/AML functions as needed.

Compliance operates as a strategic business unit aimed at creating a competitive advantage for the department and overall corporate vision. The Compliance Manager must be familiar with and actively supportive of the company's overall business plans and strategic goals, ensuring these objectives are achieved within regulatory frameworks and the bank's risk appetite.

• Compliance Monitoring
• Regulatory Oversight
• Change Management
• Client Onboarding, Underwriting & KYC
• BSA/AML Support
• Audit & Examination Readiness
• Banking Analysis & Power BI Reporting
• Policy & Procedure Maintenance
• Support Broader Corporate Vision

Your day-to-day work will include executing compliance monitoring, coordinating regulatory change, and contributing to process improvements that strengthen Illumia's overall compliance and risk management framework.

You will be an integral part of the Compliance and Banking Operations teams. In this role, you will work closely with Banking Operations leadership, the BSA Officer, Legal, and Compliance Committee members to ensure Banking Operations procedures, client onboarding, and disbursement practices remain compliant with applicable regulations. You will collaborate across departments including Client Success, Support, Product, and Engineering to support audit readiness, policy maintenance, and overall regulatory compliance.

Key Responsibilities and Duties

• Conduct and/or oversee daily compliance monitoring and testing activities related to Banking Operations, transaction processing, and school-related disbursements to identify and remediate compliance gaps.
• Serve as the subject matter expert (SME) for compliance-related matters, providing guidance to Banking Operations and other business units on regulatory requirements and internal policy.
• Coordinate and lead regulatory change management efforts, tracking new and amended regulations and translating them into updated policies, procedures, and operational practices.
• Create, modify, update, and implement compliance policies and procedures to ensure Banking Operations practices remain current with regulatory expectations.
• Execute the compliance program's day-to-day operations, including monitoring, testing, and reporting cadences that support the department's overall compliance strategy.
• Support audit and…