Associate AML/CFT & OFAC Compliance, Cross River

• 3+ years compliance experience supporting a variety of bank products and services
• Strong practical experience advising product and operational teams on the design and implementation of new banking products
• Demonstrated ability to explain the compliance risks associated with product proposals and advise stakeholders on developing both customer-facing content and key operational controls
• Experience developing the elements of a compliance program, including risk assessment, monitoring and testing planning, third party oversight, and compliance training
• Expertise in laws and regulations governing consumer and commercial financial products, including, but not limited to, TILA/Regulation Z, ECOA/Regulation B, FCRA/Regulation V, SCRA, MLA, EFTA/Regulation E, TISA/Regulation DD, EFAA/Regulation CC, as well as industry best practices
• Experience supporting regulatory exams and audits
• Proven track record showing ability to manage multiple large projects and competing priorities
• Excellent communication skills and ability to interact effectively with internal and external stakeholders at the non-executive and executive level
• Effective persuasion skills and ability to develop practical solutions that meet business needs while remaining compliant with applicable laws within the Banks' risk tolerance
• Highly motivated, strong attention to detail, team oriented, organized

Desirable

• Cross River’s CMS Standards team makes sure our products and services offered through our fintech partners meet regulatory standards
• The CMS Standards team focuses on the due diligence and onboarding of new fintech partners and payments relationships
• We’re looking for a compliance leader who is passionate about fintech and ready to hit the ground running to help build out and streamline our onboarding program
• Perform due diligence activities to ensure the risks of a new partnership and/or payments relationship are properly assessed. Advise management on such risks and make recommendations regarding proposed engagements
• Participate in the development and delivery of compliance management system materials, such as training for fintech partners
• Develop strong working relationships with internal and external stakeholders, while setting clear expectations regarding third-party compliance with law, regulation, and Bank policy
• Advise partners on the risks associated with their proposed product and design of related operational controls
• Coordinate with other compliance teams to ensure a consistent approach to handling compliance issues
• Prepare deliverables and provide support for regulatory exams and/or internal audits
• Will be expected to support additional areas of compliance due diligence, including but not limited to Fraud Prevention and Transaction Monitoring