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Summary

The BaaS Compliance Manager is responsible for ensuring that the Bank’s Banking-as-a-Service (BaaS) operations comply with all applicable regulatory requirements, internal risk policies, and third-party partnership obligations. This role will assist with governance across embedded finance partnerships and fintech clients, ensuring the Bank remains fully compliant while enabling innovation and scale through its BaaS offerings.

Responsibilities:

+ Continue to help develop, implement, and maintain the BaaS compliance program.

+ Monitor and interpret applicable regulations and ensure that all BaaS partner activities adhere to them.

+ Serve as primary liaison between the Bank and BaaS partners.

+ Assist with compliance due diligence on fintech partners and assist with onboarding process.

+ Conduct regular compliance reviews of partner product activity and internal processes.

+ Assist with marketing reviews and adhering to internal/external deadlines of such reviews.

+ Stay current on emerging regulatory developments affecting BaaS and embedded finance.

+ Collaborate with Legal, Risk, Product, and IT teams to assess and manage compliance risk.

Skills

+ A strong understanding of banking laws and regulations.

+ The ability to review documents, processes, and regulations to ensure full compliance and spot potential risks.

+ Proficiency in identifying, assessing, and mitigating regulatory and reputational risks within the bank’s operations.

+ The ability to quickly adjust to changing regulatory environments and manage evolving compliance challenges.

+ Strong verbal and written communication skills, including the ability to explain complex regulatory issues in an easily understood manner.

+ Ability to manage multiple projects with competing priorities effectively.

+ Strong reading ability and compliance research skills.

+ Strong attention to details in all job functions.

+ Exhibit superior problem-solving skills and techniques, including initiative and creativity in the key job functions within the department.

+ Ability to work proficiently with a computer, especially MS Office products, database software, and bank core systems.

+ Ability to work independently and as a team member to reach goals.

+ Capable of following limited, conceptual instruction with minimal supervision.

Education & Experience

+ Bachelor’s degree or comparable work experience in bank compliance

+ Minimum of 4 years’ experience in Compliance, Internal Audit, or similar function in a financial Specific knowledge of lending, deposit, and operations compliance requirement expected.

+ Prior experience reviewing transaction and loan file documentation for compliance with applicable regulations as well as prior supervisory experience is preferred.

+ Prior experience in internal audit, compliance testing, regulatory agency or another similar role highly desired.

+ Prior experience in

+ Extensive knowledge of bank consumer protection and operational regulations with an ability to apply that knowledge in practical application.

+ Ability to manage multiple projects with competing priorities

+ Ability to work effectively both independently and as part of a team

+ The ability to compile accurate testing reports for management

+ Strong computer skills, especially with MS Word and MS Excel

+ Possess strong reading ability and compliance research skills

+ Effective Oral and Written communication skills

+ Strong attention to detail in all job functions

+ Ability to learn quickly and adapt to change quickly and effectively

+ Exhibits strong problem-solving skills and techniques, including initiative and creativity in the key job functions within the department

Physical Requirements

The work environment is typical of a standard office or retail banking setting. The position is sedentary, involving sitting most of the workday; however, the position will involve moving about the workspace to reach entrances/exits, restrooms, conference rooms, or other areas within the work environment. Reaching may be required involving the ability to move arms in any direction. Office equipment, such as a computer and telephone, will be used requiring the ability to manipulate a keyboard, mouse, and/or keypad. The ability to decipher a computer screen or written documents is necessary. The ability to express or exchange ideas; impart information to clients, coworkers, or the public; or to convey detailed or important instructions; is required. The ability to receive and understand detailed information shared through oral or written communication is required.

Compensation & Benefits

The Compliance Officer position pays a minimum of $80,000.

Full‐time associates are eligible for our benefits package:

+ Medical

+ Dental

+ Vision

+ 401(k) plan

+ Company paid life insurance

+ Short and Long-term disability insurance

+ Company paid vacation, paid leave and holidays

This position will remain open until a qualified applicant is hired.

Equal Opportunity Employer/Disabled/Veterans

Academy Bank and Armed Forces Bank provides equal employment opportunities to applicants and employees without regard to race, color, religion, sex, national origin, protected veteran status, disability. Academy Bank and Armed Forces Bank provides affirmative action data on protected veteran status or disability. If you need an accommodation for any part of the employment process, please email [email protected]