Compliance Testing Lead

We are interested in every qualified candidate who is eligible to work in the United States. However, we are not able to sponsor visas or take over sponsorship at this time.

#BI-Hybrid #LI-Hybrid

Reports to: Sr. Compliance Manager

Team: Risk Management

About the Role:

This position will manage the members of the compliance testing team while participating in the development, implementation and performance of compliance testing and monitoring to support the company’s continued compliance with federal, state, and local laws and regulations and with the company’s policies and procedures in connection with the operations of the company’s online lending business.

Responsibilities:

• Manage testing team members daily and weekly testing output and report progress to applicable senior members of the Compliance team.
• Help schedule, document, and perform compliance-related testing and monitoring procedures for the company’s compliance functions.
• Maintain comprehensive testing documentation for all compliance monitoring in consultation with the Compliance Manager and other Compliance staff.
• Maintain up to date knowledge of industry regulations, legislation, and best practices.
• Consult with Legal, Audit, IT and the business lines to coordinate compliance related monitoring activities.
• Suggest and recommend effective testing solutions.
• Assist in the development of compliance testing and monitoring strategies to guide the company’s near-term planning (one to two years) and support the Business and its financial and operational objectives.
• Initiate the development or enhancement of new and existing compliance monitoring techniques and standards in consultation with the Sr. Compliance Manager and other functional areas, as needed.
• Present results or opportunities stemming from compliance monitoring, testing and/or audit in consultation with the Sr. Compliance Manager and other senior management.

Requirements:

• Bachelor’s degree required
• Regulatory compliance and/or testing or monitoring experience in a lending industry a plus (e.g., installment lending, bank, mortgage company, thrift or credit union, consumer lending, etc.).
• Strong exposure in the implementation, training and monitoring of business operations for compliance with laws and regulations and established policies, business rules and procedures.
• Willingness to learn and assist with other compliance-related projects and initiatives.
• Excellent writing and oral communication skills.
• Demonstrates the ability to work independently or in collaboration with a team
• Proficiency and self-sufficiency in Microsoft Office applications (namely, Word and Excel).