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Lead · 1 day ago

Payments Compliance Analyst

Buffalo-Niagara Area

Full-time

Onsite

Entry, Mid Level

$95K/yr - $115K/yr

1+ years exp

Lead is a fintech building banking infrastructure for embedded financial products and services. The Payments Compliance Analyst will assist the Payments Compliance team in delivering the Compliance Management System (CMS) while focusing on due diligence, monitoring, and review related to the Bank’s Payments fintech partner programs.

BankingCryptocurrencyFinanceFinancial ServicesFinTech

Responsibilities

Work closely with the Payments Compliance Program Manager, other business lines, and Fintech partners to ensure consideration and accurate implementation of controls and processes necessary to meet regulatory compliance requirements

Maintain proficient knowledge of the elements related to the Bank’s Compliance Management System to enhance Lead’s CMS and those of the fintech partners included but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management

An understanding or interest in learning applicable federal and state laws, regulations and guidance, including, but not limited to: UDAAP, Reg E, Reg CC, Nacha Rules, Visa/Mastercard Rules, and other federal consumer protection legislation and regulations

Review business unit and Fintech partner policies and procedures for adherence to laws and regulations and recommend changes based on risks identified or changes in laws and regulations

Monitor compliance related Partner controls and key risk indicators to identify weaknesses, research issues, and make recommendations for remediation where required

Assist the business unit/Fintech partner in the development of action plans and corrective action associated with monitoring/review findings, as necessary

Develop effective working relationships with department employees, other business units, and Fintech partners

Supportive resource to the business units for questions related to consumer protection laws and regulations in relation to Payments

Demonstrate the values of Lead Bank and set a personal example for team members to follow

Qualification

Compliance Management SystemsFederalState lawsPayments regulationsCommunication skillsAnalytical skillsTeam collaborationGrowth mindset

Required

Minimum of 1-3 years banking experience

Have knowledge and experience with the elements of Compliance Management Systems (CMS), included but not limited to policies and procedures, escalation and reporting, complaint handling and trend analysis, exam and audit management

Have an understanding of applicable federal and state laws, regulations and guidance, including, but not limited to UDAAP, Reg E, Reg CC, Nacha Rules, Visa/Mastercard Rules, and other federal consumer protection legislation and regulations

Demonstrate exceptional communication skills, both writing and verbal

Ability to make judgements with exceptional speed, based on information provided

Ability to work and complete tasks independently, with minimal direct supervision

Eager to learn and achieve proficiency

Curious, have humility, open to learning and approach your work with a growth mindset

Thrive working in a fluid environment with high autonomy

Love to collaborate to get to the best, most efficient outcome

Embody the growth mindset and bring a self-driven and self-starter mentality to your work