Compliance Governance Manager
Salt Lake City, UT Compliance
Job Type
Full-time
Description

At First Electronic Bank (FEB), we are driven by the purpose to make credit accessible to everyday Americans, and their businesses. Partnering with some of the most innovative FinTech companies in the nation, we offer a wide range of consumer and commercial credit products on a national basis. Offering revolving lines of credit, private-label credit cards, installment financing programs and more, FEB’s engages with strategic, collaborative partnerships, promoting services and products to provide the most beneficial consumer and commercial financing solutions. 


The Compliance Governance Manager oversees and directs the governance of the Bank compliance infrastructure, including the compliance risk assessment, compliance training, and issue management.  


  What You’ll Do:  

  • Develop and implement comprehensive compliance strategies, policies, and procedures to ensure adherence to relevant regulations and industry standards. 
  • Conduct regular risk assessments to identify potential compliance issues between the Bank and Strategic Partners and assist in developing mitigation plans. 
  • Stay abreast of regulatory changes and updates providing guidance the compliance department as necessary. 
  • Collaborate with internal stakeholders to deliver compliance training and ensure timely completion. 
  • Prepare and present regular compliance reports to management. 
  • Assist the organization in monitoring and tracking issues identified through monitoring and testing efforts to ensure timely completion and gap remediation 
  • Assist with regulatory compliance monitoring and review initiatives, and program development when necessary 
  • Other duties as assigned 
Requirements

What We're Looking For: 

  • Bachelor’s degree 
  • 4+ years Financial Institution Consumer Regulatory and/or Enterprise Risk Management Experience 
  • Solid knowledge of both deposit and credit consumer regulatory compliance requirements 
  • Ability to coach and mentor direct reports for optimal performance 
  • Ability to promptly identify and address adverse performance issues 
  • Ability to convey ideas and thoughts succinctly in writing and verbally 
  • Ability to present data through public speaking and presentations 
  • Team player and strong problem solver 
  • Ability to think critically, identify inefficiencies, make recommendations, and execute plans to gain efficiency 
  • Strong working knowledge of all Microsoft products, including Word, Excel, Outlook, and PowerPoint 
  • Ability to independently research and analyze consumer protection laws and regulations around deposits, credit card, installment loans and open-end credit 
  • Ability to understand operations and banking policies and procedures 

Preferred qualifications 

  • Regulatory or Enterprise Risk Management Certification a plus 
  • Experience in working with Fintech partnerships 
  • Experience in in conducting regulatory reviews and/or regulatory compliance assessments 
  • Prior experience in developing dashboard reporting and trend analysis reporting 
  • Working knowledge of regulatory exam procedures 


This position is considered hybrid and is located in our Salt Lake City office.