Compliance Director M1 Finance - Chicago, IL, US Remote

Compliance Director

M1 Finance

Chicago, IL, US / Remote

Job Type: Full-Time

Function:
Legal

Industry: Fintech

Salary range 160, USD

This is a rare opportunity to serve as the senior compliance voice embedded within B2 Bank during a period of deliberate, well-governed growth. The Compliance Director will own the Bank's compliance program execution, OCC exam management, policy infrastructure, regulatory implementation, daily compliance requests and business support. This individual will be responsible for providing the bank with structured compliance guidance, well-documented decisions, and demonstrate strong comprehension in banking regulation (with Fintech cross-over as a plus).

The Compliance Director will be comfortable operating in a fluid BHC/FHC structured entity, providing support and sound decision-making on products that leverage the unique banking-broker dealer relationship. While not necessary, experience with a bank merger is an added bonus.

The Compliance Director is responsible for building and managing the Bank's compliance management system, owning OCC examination preparation and execution, and ensuring the Bank's products, operations, and growth activities remain within regulatory requirements. This individual must be equally comfortable in digital banking and traditional branch environments, capable of navigating regulatory ambiguity without the luxury of large compliance teams, and skilled at leveraging technology, including AI tools, to operate with the efficiency a dynamic, growth-stage institution demands.

Responsibilities include managing examination timelines, information requests, and response quality across all examination types; maintaining and maturing the Bank's compliance management system within the three-lines-of-defense framework; owning the Bank's compliance risk assessment, policy library, and annual compliance testing calendar; ensuring compliance program coverage across all BHC products, including digital and traditional banking, commercial lending, third-party partner services, bank-servicing, and branch operations;

coordinating with the designated BSA Officer on BSA/AML program alignment, maintaining clear lanes of ownership between compliance and AML functions; leading the Bank's fair lending program, including HMDA, ECOA, and fair lending risk assessment; owning CRA program administration, including CRA plan, data integrity, and examination readiness; managing deposit operations compliance across digital and branch channels, including Regulation E, Regulation DD, bank-servicing, and applicable consumer protection requirements;

supporting planned product expansions (collateralized consumer lending, IRA trustee services) with regulatory analysis and compliance build-out; providing compliance oversight for C&I and CRE lending activities, including adherence to applicable lending laws and OCC guidance; partnering with credit and operations teams on compliance requirements for commercial loan origination through servicing; maintaining compliance metrics, issue tracking, and management reporting in a form appropriate for OCC and Board review;

and navigating regulatory ambiguity with a constructive, solutions-oriented approach - charting a defensible path forward rather than defaulting to prohibition.

Required:

• 5-7 years of bank compliance experience, with meaningful exposure to OCC-supervised institutions
• Demonstrated expertise in consumer compliance: fair lending, CRA, Regulation E, Regulation DD, and related consumer protection requirements
• Direct experience with OCC examinations, including document production, examiner communication, and finding remediation
• Working knowledge of operations compliance in both digital and traditional branch environments
• Strong written communication skills - capable of producing examination responses, Board materials, and regulatory correspondence independently
• Comfortable operating as an individual contributor in a fast-paced, resource-constrained environment
• Demonstrated ability to navigate regulatory ambiguity and develop practical, defensible compliance positions

Strongly Preferred:

• Demonstrated fluency with…