FinWise Bank
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Salary is $150,000 + Depending on Experience
This is an in-office position located in Murray, Utah.
Overview
The Vice President of Compliance Management reports to the Banks Deputy Chief Compliance & Risk Officer (DCCRO) on the adequacy of the Bank and Strategic Partners holistic compliance posture. This leadership position is responsible for managing the Banks Compliance Management System (CMS), ensuring compliance across all business lines including Strategic Partner programs and mitigating regulatory risk. The VP of Compliance Management serves as a key advisor and representative of the CRCO and DCCRO, guiding internal stakeholders and Strategic Partners on compliance matters with professionalism and discretion. Responsibilities
Lead the Compliance Management team and CRA Officer, providing strategic direction, coaching, and performance oversight. Ensure FinWise Bank and its Strategic Partners comply with applicable laws and regulations through effective policies, procedures, and controls. Oversee compliance risk management across all programs and products, with regular reporting to senior management and the Board. Serve as a compliance subject matter expert for all Bank initiatives, including new products, services, and Strategic Partner programs. Review legal documents (e.g., cardholder agreements, promissory notes) for accuracy prior to legal counsel review. Supervise regulatory change management and ensure timely implementation across Bank products. Collaborate with the Director of Compliance Testing to implement regulatory testing for Strategic Partners and Bank offerings. Manage complaint process, including trend analysis and reporting to the Board and Compliance Committee. Conduct compliance due diligence and onboarding oversight for new programs and Strategic Partners. Ensure Strategic Partners conduct annual compliance audits and maintain effective compliance management systems (CMS). Develop and coordinate with the Training Department the annual compliance training plan. Promote integration of the Compliance Program into the Banks culture and operations. Maintain expert-level knowledge of the Banks business lines, loan programs, Banking-as-a-Service (BaaS) initiatives, and the CMS of Strategic Partners. Prepare and present compliance reports and metrics to the Board and relevant committees as requested. Act as liaison between internal teams and Strategic Partners on escalated compliance matters. Identify and drive transformational opportunities to improve compliance processes and efficiency. Manage and execute compliance projects and represent Compliance in strategic initiatives. Responsible for identifying and managing compliance, regulatory, and reputational risks. Facilitate effective communication between Compliance, Legal, HR, department leadership, and external stakeholders. Participate in off-site training and Strategic Partner site visits. Perform additional duties as assigned. Knowledge, Skills and Abilities
Excellent leadership skills, including coaching, developing, and motivating a team, as well as working proactively and strategically with leaders within the Bank, across various departments. Strong presentation and relationship management skills, with the ability to communicate and articulate regulatory requirements and/or resulting analysis effectively, while inspiring confidence. Subject matter expert in consumer banking, lending and consumer protection laws and regulations impacting financial institutions and fintech, including UDAAP and fair lending compliance. Demonstrated expertise in managing regulatory examinations and audits, with direct experience engaging with agencies such as the FDIC and UDFI to ensure compliance with applicable laws and regulations. Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment. Strong data analytics, research, analysis, problem-solving, and decision-making skills with ability to identify compliance risks and issues; ownership of issues through to resolution, providing sound guidance to the business, and positively influencing organizational culture. Strong project management and organizational skills with the ability to plan, initiate, multitask, and lead multiple projects to meet goals, objectives, and deadlines. Ability to communicate effectively with a variety of stakeholders, including the board, senior management, regulators and auditors, industry counterparts, and business associates. High degree of integrity and strong work ethic. Required Education / Experience / License
Bachelors degree in Business Administration, Finance, or related field; or equivalent related experience. 10+ years of experience in banking and financial services, preferably within the Compliance function. 5+ years of serving in a leadership role. Proven experience engaging directly with regulatory agencies, including participation in examinations, audits, and ongoing supervisory interactions. Certified Regulatory Compliance Manager Certification (CRCM) a plus. Work in person at FinWise Murray, UT office location. Sit or stand at a computer for long periods of time and look at a computer screen for several hours a day. Communicate with others in person, on the phone, virtual meeting and email. Maintain confidentiality. Travel overnight as required. Work cooperatively with others. Comply with all company policies and procedures. Background check are required on all bank employees due to accessibility of Personally Identifiable Private Information. FinWise is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status. FinWise provides reasonable accommodations to the known disabilities of individuals in compliance with the Americans with Disabilities Act. For accommodation information or if you need special accommodations to complete the application process, please contact the Human Resources Department at (801) 545 - 6041. Qualified applicants with criminal history and conviction records will be considered in accordance with legal requirements. #J-18808-Ljbffr
The Vice President of Compliance Management reports to the Banks Deputy Chief Compliance & Risk Officer (DCCRO) on the adequacy of the Bank and Strategic Partners holistic compliance posture. This leadership position is responsible for managing the Banks Compliance Management System (CMS), ensuring compliance across all business lines including Strategic Partner programs and mitigating regulatory risk. The VP of Compliance Management serves as a key advisor and representative of the CRCO and DCCRO, guiding internal stakeholders and Strategic Partners on compliance matters with professionalism and discretion. Responsibilities
Lead the Compliance Management team and CRA Officer, providing strategic direction, coaching, and performance oversight. Ensure FinWise Bank and its Strategic Partners comply with applicable laws and regulations through effective policies, procedures, and controls. Oversee compliance risk management across all programs and products, with regular reporting to senior management and the Board. Serve as a compliance subject matter expert for all Bank initiatives, including new products, services, and Strategic Partner programs. Review legal documents (e.g., cardholder agreements, promissory notes) for accuracy prior to legal counsel review. Supervise regulatory change management and ensure timely implementation across Bank products. Collaborate with the Director of Compliance Testing to implement regulatory testing for Strategic Partners and Bank offerings. Manage complaint process, including trend analysis and reporting to the Board and Compliance Committee. Conduct compliance due diligence and onboarding oversight for new programs and Strategic Partners. Ensure Strategic Partners conduct annual compliance audits and maintain effective compliance management systems (CMS). Develop and coordinate with the Training Department the annual compliance training plan. Promote integration of the Compliance Program into the Banks culture and operations. Maintain expert-level knowledge of the Banks business lines, loan programs, Banking-as-a-Service (BaaS) initiatives, and the CMS of Strategic Partners. Prepare and present compliance reports and metrics to the Board and relevant committees as requested. Act as liaison between internal teams and Strategic Partners on escalated compliance matters. Identify and drive transformational opportunities to improve compliance processes and efficiency. Manage and execute compliance projects and represent Compliance in strategic initiatives. Responsible for identifying and managing compliance, regulatory, and reputational risks. Facilitate effective communication between Compliance, Legal, HR, department leadership, and external stakeholders. Participate in off-site training and Strategic Partner site visits. Perform additional duties as assigned. Knowledge, Skills and Abilities
Excellent leadership skills, including coaching, developing, and motivating a team, as well as working proactively and strategically with leaders within the Bank, across various departments. Strong presentation and relationship management skills, with the ability to communicate and articulate regulatory requirements and/or resulting analysis effectively, while inspiring confidence. Subject matter expert in consumer banking, lending and consumer protection laws and regulations impacting financial institutions and fintech, including UDAAP and fair lending compliance. Demonstrated expertise in managing regulatory examinations and audits, with direct experience engaging with agencies such as the FDIC and UDFI to ensure compliance with applicable laws and regulations. Ability to manage workload and shift priorities to meet deadlines in a dynamic and rapidly changing environment. Strong data analytics, research, analysis, problem-solving, and decision-making skills with ability to identify compliance risks and issues; ownership of issues through to resolution, providing sound guidance to the business, and positively influencing organizational culture. Strong project management and organizational skills with the ability to plan, initiate, multitask, and lead multiple projects to meet goals, objectives, and deadlines. Ability to communicate effectively with a variety of stakeholders, including the board, senior management, regulators and auditors, industry counterparts, and business associates. High degree of integrity and strong work ethic. Required Education / Experience / License
Bachelors degree in Business Administration, Finance, or related field; or equivalent related experience. 10+ years of experience in banking and financial services, preferably within the Compliance function. 5+ years of serving in a leadership role. Proven experience engaging directly with regulatory agencies, including participation in examinations, audits, and ongoing supervisory interactions. Certified Regulatory Compliance Manager Certification (CRCM) a plus. Work in person at FinWise Murray, UT office location. Sit or stand at a computer for long periods of time and look at a computer screen for several hours a day. Communicate with others in person, on the phone, virtual meeting and email. Maintain confidentiality. Travel overnight as required. Work cooperatively with others. Comply with all company policies and procedures. Background check are required on all bank employees due to accessibility of Personally Identifiable Private Information. FinWise is an equal opportunity employer and dedicated to diversity and inclusion in the workplace. We do not discriminate on the basis of race, religion, color, national origin, sex, gender, gender identity, sexual orientation, age, marital status, pregnancy status, veteran status, or disability status. FinWise provides reasonable accommodations to the known disabilities of individuals in compliance with the Americans with Disabilities Act. For accommodation information or if you need special accommodations to complete the application process, please contact the Human Resources Department at (801) 545 - 6041. Qualified applicants with criminal history and conviction records will be considered in accordance with legal requirements. #J-18808-Ljbffr