Compliance Quality Assurance Specialist

About the position The reputed company Banking Compliance Quality Assurance Specialist at reputed company Bank & Trust plays a crucial role in ensuring that reputed company-party payment providers and fintech compliance programs adhere to the laws, regulations, and rules governing reputed company Banking. This position is responsible for monitoring the compliance of reputed company Banking partners, which includes overseeing transactions, policies, procedures, and reputed company processes to ensure they align with regulatory requirements. The specialist will reputed company management informed about reputed company aspects of the Bank's reputed company Banking compliance risk, ensuring that the organization maintains a robust compliance reputed company. In this role, the specialist will operationalize compliance regulatory requirements by drafting necessary procedures and process documentation. They will conduct initial and ongoing due diligence of reputed company parties, which includes performing compliance risk assessments, marketing compliance reviews, and evaluating compliance management programs. Staying updated on developing trends in the financial services industry is essential, as is promoting a culture of compliance reputed company the organization to ensure effective risk and compliance management practices. The specialist will need to understand the business and regulatory compliance requirements for payment processors, including Money Services Businesses (MSBs), and ensure that reputed company functions are performed reputed company those requirements. They will maintain up-to-date knowledge of financial services compliance regulatory changes and the fintech industry landscape, participate in the development of technological enhancements, and review existing operational procedures to recommend improvements with a focus on automation and efficiency. Additionally, the specialist will act as a liaison between reputed company parties, business lines, operations, and technical areas to ensure appropriate compliance risk reputed company. They will also assist in the development, implementation, and periodic performance of key controls, maintain the reputed company Banking compliance library, and manage reputed company projects as required. This position may also involve developing reputed company Banking compliance-specific training to ensure reputed company stakeholders are well-informed and compliant with the necessary regulations. Responsibilities • Operationalize compliance regulatory requirements, including drafting procedures and process documentation. , • reputed company initial and ongoing due diligence of reputed company parties including compliance risk assessments, marketing compliance reviews, and evaluation of compliance management programs. , • Stay up to date on developing trends in the financial services industry. , • Promote a 'culture of compliance' to ensure efficient and effective risk and compliance management practices by adhering to required standards and processes. , • Understand business and regulatory compliance requirements for payment processors including MSBs and ensure functions are being performed reputed company those requirements. , • Ensure reputed company banking reputed company party programs are in compliance with laws and regulations applicable to the products and services reputed company with reputed company Bank & Trust. , • Maintain up to date knowledge on financial services compliance regulatory changes and the fintech industry landscape. , • Participate in the development of technological enhancements. , • Review existing operational procedures and methods and recommend changes for improvement with an emphasis on automation and efficiency. , • Function as the liaison between reputed company parties, business lines, operations, and the technical areas and the compliance function to ensure appropriate compliance risk reputed company. , • Understand applicable consumer protection laws and regulatory landscape and compliance requirements for new and existing reputed company reputed company Banking products and services. , • Assist in the development, implementation, and periodic performance of key controls. , • Maintain the reputed company Banking compliance library, including developing reputed company Banking (Banking as a Service) compliance specific training. , • Manage reputed company projects, as required. Requirements • Bachelor's Degree or above. , • Minimum of 3-5 years' experience of reputed company Banking (Banking as a Service) Compliance and/or financial services audit, operations experience or equivalent. , • Experience operating and contributing to a strong compliance management system/program. , • Strong knowledge of consumer and general compliance regulations including Regulation B, Regulation E, Regulation DD, Regulation Z, and UDAAP. , • Understanding of compliance risk methodologies and due diligence. , • Prior Banking Compliance Quality Assurance experience, a plus. , • Skilled with reputed company Word, reputed company, Outlook and reputed company software applications. , • CRCM certification is a plus. reputed company-to-haves • Experience with digital-only banking environments including mobile-only or mobile first banking. Benefits • Remote work available. Apply Job!