Compliance Supervisor, Deposit Advisory

Description

The Deposit Advisory Supervisor is responsible for performing compliance advisory duties as assigned in support of the Bank’s Compliance Management Program to meet the ongoing objectives of Stride Bank and to ensure all banking rules, regulations, and statutory requirements are met.

PRINCIPLE DUTIES AND RESPONSIBILITIES

1. Leads a team of compliance professionals to provide clear guidance to Bank personnel on becoming and remaining compliant.
2. Maintains effective working knowledge of applicable federal and state laws, regulations, and regulatory guidance.
3. Provides clear guidance to Deposit Bank personnel on becoming and remaining compliant.
4. Develops and enhances oversight reporting to help ensure the success of the Bank deposit programs.
5. Supports the development and implementation of new fintech partner products and services, ensuring compliance considerations are incorporated from the outset and throughout the lifecycle.
6. Develops collaborative, cross-functional action plans; works closely with management and business partners to interpret complex regulations, develop compliance strategies, and implement efficient compliance programs.
7. Assesses changes to business processes, products, and technology to determine impact to the regulatory risk profile and the effectiveness of the control environment.
8. Assesses changes to business processes, products, and technology to determine impact to the regulatory risk profile and the effectiveness of the control environment.
9. Assesses changes to regulatory requirements and provides guidance to impacted business partners to ensure effective implementation.
10. Provides feedback to help the Bank maintain up-to-date compliance Policies, Program Standards, procedures, guidelines, training documents and other associated forms/documents.
11. Monitors and investigates compliance-related issues, incidents, and complaints involving Bank sponsored partnerships; performs accurate root cause analysis; collaborates with cross-functional stakeholders to address issues efficiently and effectively.
12. Communicates risks across multiple business functions.
13. Leads special projects and initiatives as assigned.
14. Performs other duties as assigned.

Qualifications

EDUCATION AND/OR EXPERIENCE

• Bachelor’s degree, or equivalent work experience, required.
• 5-10 years’ experience in banking and 3-5 years’ experience in regulatory risk management, required.
• CRCM certification, preferred.

KNOWLEDGE, SKILLS, AND ABILITIES

• Ability to work in a fast paced and rapidly evolving market.
• Strong analytical and conceptual thinking skills, with the ability to solve problems and make decisions using data.
• Knowledge of existing and emerging bank regulations.
• Knowledge of audit processes and compliance with required reporting.
• Ability to analyze compliance procedures and standards.