About the Role
A fast-growing fintech startup is looking to hire a Senior Compliance Officer - Consumer Lending to lead the day to day deposit and credit card operations of our customers.
- Assist in Implementation and management of an effective Compliance Management System (CMS) for Credit Card Portfolio management involves many activities, including: risk management, account management, and reporting and monitoring.
- Work closely with cross functional partners to support aspects of the Fair Lending Program (e.g. advisory frameworks, risk assessment, testing, governance).
- Monitor all credit card operations and ensure they comply with all relevant Federal and state laws and regulations as relevant to Credit Cards.
- Maintain a regulatory inventory of all applicable regulations, monitoring changes to these laws and regulations and ensuring timely implementation of necessary changes.
- Serve as a liaison with Partner bank(s) concerning compliance matters, audits and examinations
- Develop and maintain policies and procedures aligned with consumer protection and credit card laws, regulations, and processes.
- Create and manage effective Change Management Plan
- Conduct Enterprise Risk Assessments
- Review Marketing materials for Compliance
- Provide Compliance review for vendor management oversight activities (risk assessment, onboarding new servicing vendors)
- Prepare and/or review responses to Regulatory, Bank Partner and Audit Engagement requests
Requirements
- Bachelor's degree in law, finance, business management, or a related field
- CRCM, CIPP or CAMS a plus
- 8+ years of proven experience in a compliance officer role, with a strong focus on credit card regulations
- Deep knowledge and understanding of all relevant Federal and state laws and regulations, including, the Truth in Lending (Reg Z), the CARD Act, FCRA, Equal Credit Opportunity Act (ECOA), UDAAP, USA Patriot Act Bank Secrecy and Anti-Money Laundering Laws, OFAC, SCRA and MLA as relevant to Credit Cards.
- Experience at a lending fintech is preferred
