Compliance Specialist, Finance & Banking

The Compliance Specialist supports the administration and ongoing operation of the Bank's Compliance Management System, including compliance activities related to the Bank's products, services, and third-party arrangements involving products and services offered to customers through third-party financial technology companies ("Fintech Partners"). This position works under the direction and guidance of more senior Compliance personnel to perform compliance reviews, monitoring, testing, research, documentation, and other activities designed to help ensure that the Bank, its third parties, and related products and services comply with applicable regulatory requirements and Bank policies.

• Support compliance oversight activities related to third-party relationships, including Fintech Partner arrangements.
• Assist in the review of new and existing third-party arrangements, products, services, processes, and compliance programs to identify potential regulatory compliance considerations.
• Review assigned third-party documentation, including policies, procedures, contracts, disclosures, and supporting materials, for adherence to established compliance requirements and elevate potential issues to senior Compliance personnel.
• Assist with regulatory change management activities by researching changes to applicable laws, regulations, and regulatory guidance and supporting the identification of impacted products, services, processes, or third-party relationships.
• Support reviews of changes to Bank and Fintech Partner products and services to help ensure applicable compliance requirements are appropriately considered and documented.
• Review forms, brochures, marketing materials, service documents, contracts, disclosures, websites, electronic communications, and other customer-facing materials for compliance with established requirements, with appropriate oversight from senior Compliance personnel.
• Assist in reviewing, documenting, categorizing, and monitoring complaints associated with Bank or Fintech Partner products and services and elevate identified trends or potential compliance concerns.
• Support compliance risk assessment activities, including gathering information, documenting risks and controls, performing preliminary analysis, and maintaining supporting records.
• Conduct assigned compliance monitoring and testing activities involving Bank and Fintech Partner processes, controls, documents, transactions, and other activities in accordance with established testing procedures.
• Document monitoring and testing results clearly and accurately, including identified exceptions, observations, and supporting evidence.
• Assist in tracking compliance findings, issues, and corrective action plans and follow up with responsible parties regarding remediation status and supporting documentation.
• Maintain compliance tracking tools, records, metrics, key risk indicators (KRIs), issue logs, and other information used for compliance reporting.
• Assist in preparing periodic compliance reports and management information for the Compliance Manager, senior management, management-level compliance committees, and Board-level committees.
• Research and maintain a working knowledge of existing, pending, and newly issued laws, regulations, regulatory guidance, and industry developments applicable to assigned areas of responsibility.
• Assist senior Compliance personnel in responding to regulatory examinations, internal and external audits, compliance reviews, and other requests for information.
• Gather documentation and supporting information needed for examination, audit, monitoring, testing, and other compliance activities.
• Support the implementation and maintenance of Bank and Fintech Partner policies, procedures, controls, and practices designed to address applicable regulatory requirements.
• Perform periodic compliance reviews and transactional testing in accordance with the Bank's compliance monitoring program and established testing procedures.
• Assist with the preparation of written compliance monitoring and testing reports, including summaries of work performed, identified exceptions, and recommended follow-up activities.
• Review assigned Fintech Partner training materials and records for alignment with applicable compliance requirements and Bank expectations.
• Assist with the development and delivery of compliance training and informational materials for Bank employees, management, and Fintech Partners.
• Respond to routine day-to-day compliance…