Compliance Testing Manager

Compliance Testing Manager – Second Line of Defense

First Electronic Bank (FEB) is dedicated to making credit more accessible for everyday Americans and businesses. FED partners with leading FinTech companies to deliver a diverse range of consumer and commercial credit products nationwide. As part of our Second Line of Defense, the Compliance Testing Manager will assess the compliance of our Strategic Partners with applicable laws and regulatory requirements.

Responsibilities

• Plan and scope compliance testing based on the risk profile of each Strategic Partner.
• Perform testing and monitoring of lending regulations, including UDAAP, Fair Lending, TILA, FCRA / FACTA, SCRA, MLA, FDCPA and TCPA.
• Perform testing and monitoring of deposit regulations such as TISA, EFTA, EFAA, FDIC Deposit Insurance, Debit Card Interchange Rule, and Garnishments.
• Prepare detailed reports that articulate findings, control gaps, risk impact and root causes.
• Communicate findings to Strategic Partners, SPMs, COCMs and senior compliance leaders.
• Follow up on corrective action plans to ensure issues are appropriately addressed.
• Evaluate external testing results and respond to gaps in partner testing.
• Assist by providing documentation and reports for internal audits or regulatory examinations.
• Complete additional projects and duties as assigned.
• Act as liaison between the Bank and assigned Strategic Partners on testing matters.
• Oversee and monitor testing performed by Contracted Employees and Compliance Analysts.
• Provide guidance, coaching and support to Contracted Employees and Compliance Analysts.

Qualifications

First Electronic Bank is located in Salt Lake City, UT. This role will be considered hybrid, with a mix of weekly in-office and WFH opportunities.

Salary : $100,000.00 – $150,000.00 per year.

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