Compliance Assurance Officer III
About the position Coastal Community Bank is a leader in Banking with strong Financial infrastructure leading Banking as a Service (BaaS) and Fintech strategies. The people at Coastal not only help people with their personal banking; they help businesses with banking technology integration that leads to business growth, flexible financing, and unimagined potential. We think and work like entrepreneurs, always moving and constantly improving. We are go-getters, work hard, and play hard. If you're someone who thrives on innovation, wants to help others succeed, knows how to think outside the box, and believes that we're all in this together -- you belong here. Responsibilities • Support the Compliance Assurance Director in maintaining a robust and effective compliance management system (CMS) at the Bank. • Collaborate across the three lines of defense to establish risk awareness and culture that supports the identification, measurement, reporting and management of Compliance related opportunities and risks. • Execute on compliance reviews, issue validations and effective challenge, monitoring and testing engagements. • Provide oversight of compliance with federal, state, agency, and regulatory requirements. • Assist in developing and maintaining a comprehensive assessment of compliance risks throughout the Bank's operations. • Review independent engagement for appropriate scoping and coverage to the Bank's oversight plan. • Evaluate identified issues, including conducting a root cause analysis, and recommendations to improve policies, procedures, potential efficiencies, and controls. • Complete validation/effective challenge over Compliance issues as identified throughout the business lines and second line. • Develop clear and concise reporting of the results of compliance programs and communicate to Board, Management, Business Units and Partners. • Research, analyze, draw conclusions related to all federal and state rules and regulations and their applicability to Core Bank and Fintech Partners products, services, and systems. • Serve as an in-house subject matter expert to provide compliance advice and guidance to relevant Core bank staff and Fintech Partners. • Document and perform activities in accordance with all program and procedure standards. • Assist with internal/external audit, and regulatory examinations requests. • Follow and comply with all regulatory and compliance regulations. Requirements • 10+ years relevant work experience in Compliance in financial services industry, including at least 5 years of experience in monitoring/testing. • Possess strong analytical and critical thinking skills. • Extensive knowledge of financial services, BaaS, deposit, lending, and privacy compliance laws and regulations. • Ability to manage multiple tasks/projects and deadlines simultaneously. • Excellent organization, time management, and project management skills. • Ability to operate independently to propose, recommend, and advise on achieving team objectives. • Excellent attention to detail to ensure timely and effective communication. • Ability to effectively present information and respond to questions from the Board of Directors, senior management, Regulatory Agencies and employees. • Thorough knowledge of Microsoft Office Products. • Build proficiency in other software used in the compliance function (Click up, Predict-360, etc.). Nice-to-haves • Ideally, experience across fintech and traditional financial institutions. • Certified Regulatory Compliance Manager (CRCM) designation preferred. Benefits • Full-time employment • Remote work opportunity Apply tot his job