Senior Compliance Analyst

Confirmed live in the last 24 hours

51-200 employees

Financial foundation for business and personal banking services

Company Overview

Lead Bank, established in 1928, has a rich history of serving as a robust financial foundation for businesses, with a particular focus on fostering innovation. The bank's unique blend of regulatory expertise and modern technology, embodied in its Partner Platform, provides a secure and flexible foundation for fintechs and other companies to create and scale tailored financial solutions. With a seasoned executive team that has successfully built one of the few de-novo banks in the US, Lead Bank is committed to defining the possibilities in banking, serving not only Kansas City but also supporting builders and innovators globally.

Financial Services

Company Stage

N/A

Total Funding

$100M

Founded

1928

Headquarters

Kansas City, Missouri

Growth & Insights

Headcount

6 month growth

↑ 33%

1 year growth

↑ 54%

2 year growth

↑ 102%

Locations

Remote

Experience Level

Entry

Junior

Mid

Senior

Expert

Desired Skills

Communications

CategoriesNew

Legal & Compliance

Requirements

Minimum of 4 years of bank compliance experience
Demonstrate exceptional communication skills
Ability to make judgements based on information provided
Intellectually curious with the ability to issue spot and research complex issues
Eager to learn and achieve proficiency
Thrive working in a fluid environment with high autonomy
Love to collaborate to get to the best, most efficient outcome
Embody the growth mindset and bring a self-driven and self-starter mentality to your work
Eager to learn and partner directly with innovate fintech companies

Responsibilities

Work closely with the Head of Compliance, internal stakeholders and external fintech partners to provide compliance support during partner onboarding, due diligence and ongoing monitoring
Evaluate the overall compliance program and performance of fintech partners, and work closely with Legal, Compliance, Risk and the partners directly to address issues, gaps and evaluate product enhancements
Research compliance related issues, and make recommendations to enhance controls, improve policies and procedures, and reduce risk
Review business unit and BaaS partner policies and procedures for adherence to laws and regulations and recommend changes based on risks identified or changes in laws and regulations
Research and make regulatory recommendations as it pertains to the Bank's BaaS program and fintech partnerships with a particular focus on consumer and commercial lending regulations
Assist the compliance function and BaaS partner in the development of corrective action plans associated with monitoring/review findings, as necessary

Lead Bank is a chartered banking-as-a-service platform for builders and innovators. Despite broader economic headwinds, the continued proliferation of fintech companies and a 20x increase in fintech investment ($20.5 billion in 2020) signals that the market’s interest in embedding financial services products into their offerings is resilient and sustainable. Whether it’s a travel company that wants to offer credit for an expensive trip, a social network that wants to enable in-feed shopping solutions, or an ecommerce platform that wants to provide client rewards cards, the broader tech ecosystem has enjoyed a step-change in the sophistication, variety and complexity of client-facing products they can offer. This means that the underlying infrastructure powering those fintechs needs to evolve to meet these modern demands.

While fintech companies continue pushing boundaries, they have largely accepted that directly integrating with banks is costly, time-consuming and operationally burdensome. This frustration comes in many forms: gaps in technical acumen, product scalability, client risk appetite, and company culture. These gaps clearly illustrate the need for a new paradigm in banking technology.

Lead Bank is bridging those gaps. We see a massive opportunity for a tech-savvy developer-focused bank to augment a sophisticated financial services platform with the compliance, regulatory, capital markets, and legal expertise required to help our clients succeed. Come join us on our journey.

Role Description: The Senior Compliance Analyst will be responsible for assisting the Head of Compliance and the Banking as a Service (BaaS) Regulatory Compliance Manager in the delivery of the Compliance Management System (CMS). The role will have a primary focus in conducting day-to-day monitoring and compliance reviews related to the Lead’s BaaS partner programs, as well as its core lending, deposit, and operational activities. Further duties can be assigned at any time due to expanded activities from the bank, its partners, or regulators.

In this role you will:

Work closely with the Head of Compliance, internal stakeholders and external fintech partners to provide compliance support during partner onboarding, due diligence and ongoing monitoring.
Evaluate the overall compliance program and performance of fintech partners, and work closely with Legal, Compliance, Risk and the partners directly to address issues, gaps and evaluate product enhancements.
Research compliance related issues, and make recommendations to enhance controls, improve policies and procedures, and reduce risk
Review business unit and BaaS partner policies and procedures for adherence to laws and regulations and recommend changes based on risks identified or changes in laws and regulations
Research and make regulatory recommendations as it pertains to the Bank’s BaaS program and fintech partnerships with a particular focus on consumer and commercial lending regulations.
Assist the compliance function and BaaS partner in the development of corrective action plans associated with monitoring/review findings, as necessary

Qualifications:

Minimum of 4 years of bank compliance experience
Demonstrate exceptional communication skills
Ability to make judgements based on information provided
Intellectually curious with the ability to issue spot and research complex issues
Eager to learn and achieve proficiency
Thrive working in a fluid environment with high autonomy
Love to collaborate to get to the best, most efficient outcome
Embody the growth mindset and bring a self-driven and self-starter mentality to your work
Eager to learn and partner directly with innovate fintech companies

What we offer:

At Lead, we design our benefits to support company culture and principles, to foster an efficient and inspiring work environment, and to create the conditions for our team to give their best in both work and life
Competitive compensation, including opportunities for equity grants and cash bonus, based on experience, geographic location, and role
Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
Paid parental leave
Flexible vacation policy, including PTO and paid holidays
A fun and challenging team environment in a dynamic industry with ample opportunities for career growth

*Lead Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.

*Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

*Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $88,000/year to $110,000/year. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.