Senior Compliance Testing Analyst

Senior Compliance Testing Analyst

Lithic creates card issuing and payment infrastructure for technology companies that just works. We help some of the world's fastest-growing digital banks, fintech companies, and software companies process billions in transactions annually.

We are seeking a data-driven Senior Compliance Testing Analyst to detect and mitigate compliance, regulatory, and reputational risks. As part of the Compliance Oversight and Control function and second line of defense, you will create and refine processes; contribute to client risk assessments, manage cardholder complaints, review marketing materials, conduct compliance testing; perform surveillance and monitor for regulatory risks to assess compliance with regulations. We are looking for a self-starter who enjoys investigative work. This candidate should have regulatory compliance experience and a working knowledge of UDAAP, Reg E.

We're hiring a Senior Compliance Testing Analyst to help build and scale our compliance testing and oversight function. This is a high impact role, with opportunities to brief senior management, work directly with our clients and sponsor banks as well as shape the direction of the testing and oversight program.

Job Responsibilities :

• Propose methods of testing and create testing work papers
• Ensure our company's testing methodologies comply with required guidelines and regulations throughout the entire testing cycle
• Execute plans discussed and agreed with a team lead, gather data, perform analyses and submit testing reports to management
• Identify potential compliance and reputational risks, and effectively escalate to appropriate supervisor
• Work with our sponsor bank(s), clients and management on defining remediation action plans and or / lookbacks as needed
• Manage testing schedules to ensure all tasks and reporting are completed within established timeframes
• Identify deficiencies in our compliance management system (CMS) and assess any operational risks
• Support internal and external compliance audits as needed
• Manage cardholder complaints, track escalations and triage resolution with clients and sponsor banks
• Support our Client Risk Rating process
• Review client marketing and collateral materials
• Help compliance management establish and maintain a company-wide compliance program and organize training sessions for customers
• Execute multiple projects at the same time and meet tight deadlines

Qualifications :

Base Salary : $93,000 - $120,000

Benefits :

We believe in-person collaboration boosts creativity, communication, and agility, which are key to our growth. Employees in the NYC area are asked to work from our SoHo office three days a week - Tuesdays and Thursdays are core in-office days - the third is flexible.

In-office employees receive :