Compliance Senior Manager

Dallas, TX (On-site)

Founded in 2020, Covered Holdings offers financing solutions that leverage the company's proprietary credit originations and servicing platform with a unique focus on the needs of non-prime Americans. Their patient financing product, Covered Care, helps healthcare providers care for patients who otherwise would have been declined for traditional credit. Their proprietary financing platform can underwrite and approve patients at every credit level – from prime to non-prime – with affordable rates and terms. This flexibility allows healthcare providers to care for more patients without taking on any risk

In support of the Covered Care’s overall compliance management systems (CMS), the Senior Compliance Manager - engages with various departments to assist with internal strategies and initiatives ensuring that bank programs, practices, and financial interests are maintained; as well as making sure that the Bank is complying with applicable federal and state laws and regulations.

Operational

• Oversees all elements of the Covered Care program to include: develops, initiates, maintains, and revises policies and procedures for the general operation of the organization’s compliance program and its related activities to prevent illegal, unethical, or improper conduct. Manages day-to-day operation of the Program with our Bank partner.
• Responsible for the review and reporting of compliance problems, questions, or complaints received from other departments, customers, and government regulatory agencies.
• Acts as the compliance lead on all new and enhanced products and services, projects/programs/launches, as well as on existing products and services teams.
• Serving as subject matter expert on compliance related topics by maintaining industry insights and timely review of related industry alerts and environment to help determine applicability and risk to the organization.
• Partnering with the various lines of business, staff areas, and production groups on maintaining an active and effective CMS and to address compliance issues which may impact the supported business lines.
• Responds to alleged violation of rules, regulations, policies, procedures, and standards of conduct by evaluating or recommending the initiation of investigative procedures. Develops and oversees a system for uniform handling of such violations.
• Ability to identify potential areas of compliance vulnerability and risk; develops/implements corrective action plans for resolution of problematic issues and provides general guidance on how to avoid or deal with similar situations in the future.
• Responsible for administering 3rd party vendor management.
  
  

Experience

• Bachelor’s degree or international equivalent (preferably in business, economics, finance, or management).
• Strong communication skills for report writing and client presentations
• Strong organizational skills and ability to manage competing priorities
• Strong compliance experience required with the operational, banking industry, quality assurance, and regulations.
• Strong servicing experience and familiarity with compliance regulations relating to loan originations and servicing.
• Ability to understand and interpret relevant consumer financing compliance laws and regulations
• Risk management experience is a plus.
• Ability to perform research independently and work under minimal supervision.
• Investigate and resolve compliance problems, questions, or complaints received from other departments in the credit union, customers, and government regulatory agencies.
• Professional certification (CPA, CIA, CRCM, or other relevant certification) or advanced degree is a plus.
• Designation by CUNA as a Credit Union Compliance Expert (CUCE) and/or a NAFCU Certified Compliance Officer (NCCO) preferred Juris Doctor (JD) helpful.
• Healthcare/HIPPA experience is helpful.
• Must demonstrate a functional knowledge of the Compliance Management System, Bank Secrecy Act, in addition to other Federal laws, including but not limited to the U.S. Patriot Act, Office of Foreign Assets & Control, Anti-Money Laundering, Right to Financial Privacy Act, and the Bank Bribery Act.
  
  

Full-time Benefits

• Medical, Dental, and Vision benefits
• Life Insurance and Long-term disability plans
• Flexible Spending Account
• 401K matching
• Employee Stock Ownership Program in a $18.2 Billion Company, plus company matching
• Wellness Programs
• Career Path Opportunities
• Discounts on Parks, Museums, Movie Tickets, and Attractions
• Paid Vacations Days
• Paid Sick days
• Paid holidays
• Rental Car Discounts, Dell Member Purchase Program
• UKG Wallet
  
  

ACKNOWLEDGMENTS

We will consider for employment all qualified Applicants, including those with Criminal Histories, in a manner consistent with the requirements of applicable state and local laws, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance.

We are an equal opportunity employer and do not unlawfully discriminate in employment. No question on this application is used for the purpose of limiting or excluding any applicant from consideration for employment on a basis prohibited by local, state, or federal law. Equal access to employment, services, and programs is available to all persons. Those applicants requiring reasonable accommodation to the application and/or interview process should notify a representative of the organization.