Partner Banking Monitoring & Testing Lead

We are seeking an experienced Monitoring & Testing Lead to establish and oversee an independent assurance program for fintech and third-party banking relationships. This individual will develop the testing framework, execute risk-based reviews, evaluate control effectiveness, manage findings and remediation, and provide reporting to senior management and governance committees.

The role covers a broad range of partner banking structures and products, including traditional payment activity, digital assets, and stablecoin-related services. This is a hands‑on leadership opportunity for someone who has built or led testing programs and understands the regulatory and operational risks associated with sponsor banking and fintech partnerships.

• Build and maintain a comprehensive monitoring and testing framework for partner banking activities, including methodology, testing procedures, workpaper requirements, evidence standards, quality assurance, and reporting.
• Establish and maintain the testing universe, control inventory, and annual risk‑based testing plan.
• Determine testing frequency and scope based on partner risk, product exposure, regulatory requirements, and broader enterprise and financial crime risk assessments.
• Perform testing directly while developing the function and expand the team as coverage requirements grow.

• Evaluate controls across different partner banking and account structures, including managed accounts, FBO accounts, omnibus arrangements, and similar models.
• Test the effectiveness of controls performed by third parties where the institution relies on fintech partners for KYC/KYB, transaction monitoring, escalation, or other compliance activities.
• Conduct partner oversight reviews and assessments covering BSA/AML, sanctions, fraud, consumer compliance, and operational controls.
• Evaluate whether partner activities remain consistent with approved structures, risk parameters, licensing requirements, and compliance obligations.

• Test CIP/KYC/KYB, beneficial ownership, customer risk rating, transaction monitoring, alert and case management, SAR processes, and sanctions screening controls.
• Assess transaction monitoring coverage, scenario effectiveness, tuning practices, investigation quality, and escalation processes.
• Evaluate screening and controls involving higher‑risk customers, industries, jurisdictions, counter parties, and transactions.
• Partner with financial crimes and compliance leadership to identify control weaknesses and validate remediation.
• Test reconciliation and recordkeeping controls associated with partner banking and sub‑account structures.
• Assess whether account records and supporting processes meet applicable requirements for deposit account structures and pass‑through deposit insurance treatment.
• Review partner licensing and registration requirements relevant to payment and money transmission activities.
• Trace data and transaction flows across partner integrations to identify gaps between documented processes and actual control execution.

• Evaluate controls associated with stablecoin and blockchain‑based payment activity, including conversion activity, issuance and redemption processes, wallet and counter party screening, and blockchain analytics.
• Assess controls related to Travel Rule requirements, unidentified or unattributed transactions, and digital asset activity occurring outside traditional banking hours.
• Evaluate whether transaction monitoring and sanctions controls appropriately address digital asset and blockchain‑related risks.

• Test partner compliance with applicable consumer protection requirements, including UDAAP/UDAP, Regulation E, Regulation P, and deposit insurance advertising and disclosure requirements.
• Evaluate partner marketing materials, disclosures, complaints, disputes, and other customer‑facing processes.
• Expand testing coverage to applicable lending and credit requirements, including TILA, ECOA, and FCRA, as relevant products are introduced.

• Document testing…