Hybrid VP, Corporate Compliance & Testing na First Electronic Bank

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 VP, Corporate Compliance & Testing is responsible for leading and administering the Bank’s Compliance Testing Program, and serves as the Bank Compliance Officer, advising senior management on strategic initiatives. This position performs various risk-based quality control reviews and monitoring of the Bank, pertaining to laws and regulations of products and processes, such as Privacy/RFPA, Fair Lending, Deposits, Fraud Management, and Loans to Insiders, among others. 

This role reports to the Chief Compliance Officer and works closely with the Strategic Partner (SP) Compliance Advisory, Compliance Governance, BSA/AML, and Regulatory Management teams to coordinate and collaborate holistically on all elements of the Bank’s Compliance Program.

• Help to ensure that First Electronic Bank (FEB) complies with applicable laws and regulations, and has appropriate policies, procedures and controls relating to such requirements.
• Lead, develop and motivate the Bank Compliance Testing (BCT) team, as the Second Line of Defense, to execute a comprehensive and strategic Bank Compliance Testing Program. Ensure effective compliance risk management across all programs and products of the Bank, providing regular reporting to management and the Board, as necessary. 
• Coach and guide the BCT team to analyze risks and the regulatory environment to adequately scope testing requirements, facilitate root cause analysis, identify relevant issues, and recommend risk-based corrective action plans.
• Develop and monitor progress of the annual and quarterly testing plans executed by the BCT. Ensure all testing deadlines are met, and the team stays on track with the testing plans.
• Review Compliance testing reports, work papers, management/board reporting, and other documentation, as needed.
• Provide direct leadership and support of pre- and post-launch testing activities by the BCT for new program and/or product launches.
• Serve as a liaison within the internal teams at the Bank, and between the Bank and Strategic Partners, regarding escalated testing matters.
• Proactively participate in the compliance and legal regulatory change management process, led by the Governance team. Maintain knowledge of the latest financial, technology, and banking product innovations and regulations.
• Identify and influence transformational opportunities, driving all processes to be innovative and efficient.
• Manage and execute Compliance projects and represent Compliance in Bank strategic initiatives, as needed.
• Prepare Board and management reporting on applicable program components and metrics.
• Assist with the coordination of audit and exam materials. 

Qualifications and Experience: 

• Bachelor's degree from an accredited college or university 
• 10+ years of experience in banking and financial services, preferably within the Compliance function.
• 7+ years of serving in a leadership role.
• Excellent leadership skills, including coaching, developing, and motivating a large team, as well as working proactively and strategically with leaders within the Bank, across various departments.
• Subject matter expert in consumer banking, lending and consumer protection laws and regulations impacting financial institutions, including UDAAP and fair lending compliance.
• Strong presentation and relationship management skills, with the ability to communicate and articulate regulatory requirements and/or resulting analysis effectively, while inspiring confidence and with an enthusiastic and approachable style.
• Strong data analytics, research, analysis, problem-solving, and decision-making skills with ability to identify compliance risks and issues; and demonstrated through ownership of issues seen through to resolution, providing sound guidance to the business, and positively influencing organizational culture.
• Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment.
• Strong project management and organizational skills with the ability to plan, initiate, multitask, and lead multiple projects to meet goals, objectives, and deadlines.
• Ability to communicate effectively with a variety of stakeholders, including the board, senior management, regulators and auditors, industry counterparts, and business associates. 
• High degree of integrity and strong work ethic.
• Certified Regulatory Compliance Manager Certification (CRCM) a plus.