FinWise Bank · 7 hours ago
COMPLIANCE TESTING ANALYST
Murray, UT
Full-time
Onsite
Entry, Mid Level
2+ years expFinwise Bank is a financial institution seeking a Compliance Testing Analyst to oversee compliance testing functions and analyze compliance risks. The role involves developing test scripts, performing quality testing, and communicating compliance deficiencies to management.
BankingConsumer LendingFinanceFinancial ServicesFinTechRetail
Responsibilities
Assist in the development of test scripting to ensure appropriate oversight of the various compliance/risk inherent to the type of partnership
Evaluate compliance risk assessments to determine appropriate scope and methods for testing
Effectively and independently perform quality testing and monitoring of partner activities pursuant to the Board approved testing schedule
As a part of testing, review policies and procedures relative to the compliance requirements of laws and regulations
Communicate identified compliance deficiencies, gaps, and potential problems to management and staff
Prepare and present written information in a clear, concise, grammatically correct, and convincing manner, providing an adequate level of support for the audit work performed, and conclusions reached
Exhibit superior time management skills (measured by deadlines and quality of progress and projects completed)
Maintain confidentiality of information and protect the Bank’s sensitive information and materials
Develop and maintain rapport with the staff and management to effectively obtain and communicate information and facilitate good working relationships
Support the bank’s business processes, identify those that involve critical activities
Build strong relationships with partners to manage, coordinate, and conduct oversight activities, which are customized based on the type of strategic partnership
Stay informed on the regulatory environment and emerging industry trends, regulatory changes, and other relevant laws and statutes
Maintain a comprehensive understanding of the assigned business lines, including product, processes, and regulatory requirements
Utilize knowledge of regulation to determine appropriate approach to testing and the identification of gaps
Complete annual regulatory compliance training assignments by their respective due dates
Qualification
Required
Bachelor's degree in Business Administration, Finance, or related field; or equivalent related experience
Two or more years of experience working in a bank or other financial institution
Knowledge of policies and processes for compliance risk management
Ability to use tools, data, and best practices to assess compliance risk exposures
Strong understanding of regulatory requirements
Ability to analyze, manage and resolve complex issues with attention to detail
Strong analytical and problem-solving skills to be used in operational evaluation and interpretation of compliance information
Ability to interact and collaborate effectively with all levels of management, including cross-functional and external stakeholders
Strong written and verbal communication and presentation skills with the ability to teach, directly influence change, negotiate, and appropriately escalate
Ability to work in a fast-paced, matrixed environment to effectively meet deadlines and work with minimal supervision
Strong proficiency with MS Excel and other MS Office products
Able to demonstrate client relationship skills
Broad thinker with ability to drive execution, achieve results and influence effectively
Strong attention to detail
Comfortable working under tight deadlines
Independent; able to tackle tasks independently or within a group environment
Organized and motivated/self-starter
Basic knowledge of Federal Regulations and how regulations apply to bank programs; including: Debit and Credit Card Payments, UDAAP, ECOA/Fair Lending, TILA, FCRA/FACTA, Privacy (GLBA / RFPA), SCRA, MLA, ESIGN, FDCPA, TCPA, CAN-SPAM, EFTA, Deposit regulations, & mortgage regulations, etc
Sit or stand at a computer for extended periods of time and look at a computer screen for several hours a day
Work at an assigned FinWise office location
Communicate with others in person, on the phone, virtual meeting, and email
Maintain confidentiality
Lift 20 lbs
Maintain regular and punctual attendance
Work overtime as assigned
Travel overnight as required
Work cooperatively with others
Driving during the workday
Comply with all company policies and procedures
Preferred
Associate's degree in Business Administration, Finance, or related field; or equivalent related experience
Certified Regulatory Compliance Manager (CRCM) is preferred
Demonstrated ability to manage and lead
Experience within organizations that lend through third-party platforms, including tech companies
Company
FinWise Bank
FinWise is a financial technology company that provides banking services for businesses.
51-200 employees
Funding
Current Stage
Public CompanyTotal Funding
$0.58M2021-11-19IPO
2017-07-11Series Unknown· $0.58M
Leadership Team
Kent Landvatter
CEO/President
Richard Thiessens
Executive Vice President & Chief Technology Officer
Recent News
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