Compliance Manager - Exam Management at Steel Partners

Salt Lake City, Utah, United States -

Full Time

Start Date

Immediate

Expiry Date

17 Feb, 26

Salary

0.0

Posted On

19 Nov, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Regulatory Compliance, Consumer Protection Regulations, Documentation Analysis, Communication Skills, Relationship Building, Project Management, Banking Environment, AML/BSA Guidelines, Legal Interpretation, Examination Management, Compliance Management System, Training, Monitoring, Audit, Consumer Complaints

Industry

Financial Services

Description

About WebBank WebBank (the “Bank”) is a Utah chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS), and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities, including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing, and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners. Job Summary This position will report to a Vice President of Compliance and will be primarily charged with ensuring that regulatory requests are completed in a timely, accurate, and responsive manner. This position assists in presenting the WebBank’s strong Compliance Management System to its regulators. Primary Responsibilities (Job Duties) You Will: * Gather and review responses to information and documentation requests made by state and federal regulators. * Analyze documentation for compliance with the technical requirements of consumer protection regulations. * Report to executive management regarding the condition of the bank’s Compliance Management System and status of examination activities, including examination findings and recommendations. * Review bank documentation for compliance with applicable consumer protection regulations. Write clear, professional, accurate, and responsive memos in reply to examiner requests for information. * Track examination requests and ensure timely feedback is provided to regulators. * Conduct and participate in examination meetings with state and federal regulators regarding the components of the bank’s Compliance Management System and compliance program (policies/procedures, training, monitoring/audit, and reply to consumer complaints). Company Perks: You Get: * Paid Time Off (PTO) - Generous paid time off plus paid parental leave * Health insurance – Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts * 401(k) – WebBank matches up to the first 6 percent of employee contributions and both the employee’s contributions and WebBank’s match are fully vested immediately * Life and Disability Insurance – Life insurance and long and short-term disability insurance plans are 100% employer paid * Tuition Reimbursement – WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year Qualifications Qualifications You Have: * Bachelor's degree or 10 years of regulatory compliance experience * Experience in a bank environment is required * Direct experience dealing with regulators (FDIC, Utah Department of Financial Institutions) is highly desired * Proficient Knowledge of federal and state lending laws * Knowledge of AML/BSA guidelines and requirements * Excellent ability to interpret legal and statutory materials as well as state and federal regulations * Ability to interface effectively and build relationships with Strategic Partner counterparts and other departments internally * Ability to handle a fast-paced environment, take ownership of projects and successfully meet established project deadline requirements Even Better: * Master degree * CRCM designation * Strong written and oral communication skills, presentation skills

Responsibilities

The Compliance Manager will ensure that regulatory requests are completed accurately and timely, and assist in presenting the bank's Compliance Management System to regulators. This role involves gathering documentation, analyzing compliance with regulations, and reporting to executive management on examination activities.