Compliance Manager - Compliance Management System

About the Role

Flex Compliance is seeking an experienced and qualified compliance professional to fill the role of Compliance Manager (CM) to build and execute Flex’s Compliance Management System (CMS).  

You will be responsible for the following aspects of the CMS; Compliance Policies, Procedures, Training, Monitoring and Testing and Risk Assessment.  To implement the CMS, you will coordinate with business leaders to implement policies, document procedures, and develop process controls designed to assure ongoing compliance with all applicable laws, regulations, and internal policies.

The position will be remote first, though you are welcome to work from our New York or Dallas offices.

What You’ll Do

General duties of the CM include but are not limited to the following:

• Develop, maintain, and implement compliance policies that clearly set forth legal and regulatory requirements to which Flex and its employees must adhere
• Coordinate with 1st-line management to develop and implement operational procedures and process controls designed to assure compliance 
• Assist in oversight of compliance activities related to Flex product
• Coordinate compliance risk assessments to identify and measure compliance risks and the adequacy of controls to mitigate those risks 
• Create and execute monitoring, testing, and reporting to identify and remediate deficiencies
• Participate and assist in discussions with leaders on compliance matters, including strategic priorities, risk assessments, regulatory change management, compliance monitoring and testing, training, issues management, consumer complaints, and third-party risk
• Engage with management on the development and implementation of new or material changes to products or services to assess compliance risks and ensure appropriate mechanisms are in place to monitor and mitigate those risks
• Develop and present analysis and reporting to management and the Board on the status of the CMS and any material regulatory developments or risks 
• Assist with compliance audits and regulatory examinations and spearhead corrective actions and remediation efforts

Who You Are: 

Experience and qualifications for the CM role include the following:

• Minimum of 5-7 years in regulatory compliance, or relevant legal field, with experience in banking compliance 
• Experience developing and/or executing a Compliance Management System (CMS) including risk assessment, monitoring and testing, training, and issue management
• Working knowledge of federal consumer protection laws and regulations to include but not limited to ECOA, TILA, FCRA, FDCPA, EFTA, ESIGN, SCRA/MLA, GLBA, UDAAP, and Fair Lending
• Working knowledge of consumer lending and/or payment operations 
• Bachelor’s or higher degree
• Certified Regulatory Compliance Manager (CRCM) preferred
• Experience in fintech bank partnership model preferred
• Excellent oral and written communication skills 
• Adaptable and able to work in a changing environment