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Novo · 2 weeks ago

Compliance Specialist - Regulatory Compliance

New York

Full-time

Hybrid

Senior Level

5+ years exp

Novo is a rapidly growing series B fintech startup with a mission-driven team that’s passionate about helping every small business in America. The Compliance Specialist will engage in various areas of the risk and compliance team, focusing on business continuity and compliance testing while effectively communicating across the organization and with external stakeholders.

B2BBankingFinancial ServicesFinTech

Responsibilities

Establish and maintain business continuity oversight program and training in partnership with compliance leadership, business stakeholders and partner bank leadership

Support the execution of the business impact assessment in partnership with business stakeholders

Establish and enhance business continuity plan in consideration of critical business activities

Monitor and facilitate the execution of business continuity testing and relative exercises with business stakeholders

Coordinate with compliance and control partners to promote consistency in the application of the compliance program and best practices across the business

Define test scope and scripts for assessment areas referenced within the annual testing schedule and business continuity plan, as applicable

Perform control testing, document results and provide updates to the line of business, as necessary to ensure timely alignment with the annual testing schedule

Assist in managing issues identified within internal compliance testing and independent reviews that the business is subjected to

Succinctly and clearly communicate complex fact patterns, underlying issues and recommended resolutions to others

Execute necessary investigations and draft response for incoming complaints delivered through regulatory and BBB channels, as necessary

Provide support for responding to regulatory inquiries and examinations

Continuously determine and document risk exposure, mitigation and valuable controls related to new/ongoing processes, products/services and relative program documents/communications

Other duties, as assigned

Qualification

Compliance expertiseRisk managementBusiness continuity planningAnalytical skillsCommunication skillsResearch skillsData analyticsSQL scriptingTime managementOrganizational skillsCollaborationAttention to detail

Required

At least 5+ years of experience in audit, compliance, risk management or business continuity planning

At least 5+ years of experience supporting, partnering and interacting with internal business stakeholders

Experience translating complex ideas and data into clear, engaging narratives across multiple formats to key stakeholders

Understanding of compliance or risk management principles and interest in strengthening subject matter expertise across multiple compliance areas

Ability to work independently on complex assignments with strong analytical skills, attention to detail, and the ability to interpret regulatory information

Strong time management, organizational, and prioritization skills, with the ability to complete multiple concurrent tasks within close deadlines and a high degree of accuracy and detail

Ability to navigate ambiguity in a fast-changing environment, being hands-on and going beyond direct job responsibilities to help achieve success

Desire to be a reliable partner that collaborates with multiple business stakeholders across multiple lines of business

Excellent research and communication skills

Preferred

2+ years of experience within Fintech

Relevant coursework or certifications in compliance, risk management, or data analytics (e.g., CRCM Business Continuity Certifications, or similar compliance-related certifications)

Experience working with data systems or reporting tools (scripting experience with SQL is a plus)