Talent.com
Compliance Officer- Fintech Services

Compliance Officer- Fintech Services

Midland States BankRockford, Illinois, United States, 61101
job_description.job_card.30_days_ago
serp_jobs.job_preview.job_type
  • serp_jobs.job_card.full_time
job_description.job_card.job_description

Position Title : Compliance Officer- Fintech Services

Locations : Rockford_IL

Time Type : Full time

Req ID : JR1016-Rockford_IL

At Midland, we’re proud to be a little different. You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions.

For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, we can brighten every interaction to drive our collective success. And this goes beyond traditional banking.

We foster programs that empower our communities, continuously invest in our employees, and actively pursue brighter futures for all.

Our humble ambition keeps us growing, giving back, and looking ahead. We’re innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

You might say we’re unlike any other bank.

And you’d be right."

At Midland States Bank, base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as (but not limited to) education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (i.e. bonus and / or commission) and may include long-term incentives (i.e. stock awards). Benefits for this role include comprehensive healthcare, well-being benefits, paid family leave as well as generous paid time off. Total Rewards also include banking perks, an Employee Stock Purchase Plan, 401K plan with company match and may include the opportunity to participate in our Non-Qualified Deferred Compensation plan. Incentives and benefits are subject to eligibility requirements.

Salary Range : $100,000-$145,000

Position Summary

This role will be responsible for leading and overseeing the compliance efforts of third-party programs, including Banking-as-a-Service (BaaS, or Fintech relationships), throughout the life cycle of the programs. The Compliance Officer-BaaS will report to the Fintech Services Manager and will serve as adviser to the Director of Banking as a Service, Chief Compliance Officer and executive management on appropriate measures to be taken to ensure ongoing regulatory compliance as the Company responds to changing market conditions. This is a leadership role that will also provide compliance expertise and guidance on bank-wide projects and initiatives, ensuring adherence to laws, regulations, and ethical standards.

Primary Accountabilities

People

  • Manages a team of professionals in a customer-centric culture to excel in a fast-paced environment.
  • Coaches, develops, and conducts performance management activities with direct and indirect reports.
  • Identifies high-potential employees for advanced training and development opportunities.
  • Effectively manages poor performers.

Third-Party Compliance Monitoring and Advisory

  • Evaluates and monitors third-party vendor performance to ensure compliance with regulatory requirements, contractual obligations, bank, and industry standards.
  • Evaluates contracts with vendors, emphasizing compliance aspects and risk management.
  • Leads Fintech Partnership Oversight.
  • Provides compliance expertise and guidance on bank wide projects to include Fintech oversight and BaaS as well as new product and system offerings.
  • Identifies and analyzes risks associated with new and existing Fintech Leads, third-parties, third-party products, product channels and significant changes in existing products are properly evaluated and adequately communicated.
  • Ensures that Project Teams, Fintech Leads, and BaaS partners develop and apply policies and procedures with a view to meeting our standards of integrity, as well as federal, state and local legislation and regulations.
  • Maintains policy and standards for consumer & commercial compliance across all Fintech partnerships.
  • Advisory on Third-Party Compliance, advising on potential risks.
  • Serves as the subject matter expert on compliance issues related to third-party relationships.
  • Advises senior management on potential risks and mitigation strategies in the realm of third-party relationships.
  • Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
  • Collaborates with other departments to develop and implement policies and procedures that ensure compliance with federal and state laws and regulations.
  • Reporting, Analysis and Documentation

  • Assists with CRA and Fair Lending data collection and analysis to ensure that third-party CRA and fair lending efforts are aligned with bank-wide goals and expectations.
  • Gathers trends and analyzes complaint data and event escalations from third parties, ensuring appropriate corrective actions are taken.
  • Prepares internal risk assessments of individual third-party relationships as well as the BaaS program overall.
  • Prepares and presents comprehensive reports to keep senior management informed of the operations, progress, and effectiveness of third-parties compliance programs.
  • Ensures meticulous documentation of all third-party transactions and compliance measures for audit purposes.
  • Builds and maintains strong relationships with key stakeholders and team members within the bank and with third-party bank partners.
  • Other

  • The role requires occasional travel for training and team meetings, and willingness to travel periodically, to locations within market as needed.
  • May require work in a Midland office to ensure collaboration and support of internal and external customers.
  • Maintain compliance with all applicable regulations including, but not limited to, the Bank Secrecy Act (BSA).
  • Other duties as assigned.
  • Position Qualifications

    Education / Experience :

  • Bachelor’s degree in finance, Risk Management, Business Administration or a related field preferred.
  • 8+ years of demonstrated experience in banking compliance.
  • Minimum of 3 years of experience leading teams with demonstrated success coaching and motivating team members.
  • Proven ability to collaborate effectively and execute tasks within the designated areas of responsibility.
  • Comprehensive understanding of federal and state banking regulations.
  • Compliance professional certifications required. CRCM (Certified Regulatory Compliance Manager) or equivalent.
  • Banking as a Service and Fintech experience is preferred but not required.
  • Requires up to 10% travel to various locations and company branches and third-party locations across the country. Required to meet multiple priorities and project due dates.
  • Excellent oral, written, and interpersonal communication skills with the ability to instruct others, interpret documents, and write reports and correspondence.
  • Excellent organizational and time management skills.
  • Ability to deal with complex problems involving multiple facets and variables in non-standardized situations.
  • Competencies :

  • Business insight
  • Cultivates innovation
  • Drives results
  • Makes sound decisions
  • Being a brand champion
  • Collaborates
  • Communicates effectively
  • Customer focus
  • Being Authentic
  • Emotional Intelligence
  • Self development
  • Being flexible and adaptable
  • At Midland States Bank, we believe that when we can bring our whole selves to work each day, we become happier, more comfortable, more confident and more excited to do great things for our customers, each other and our company. We’re proud to be an Equal Opportunity and Affirmative Action employer. At Midland, we recruit, employ, train, compensate and promote without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, genetics, disability, age, or veteran status. If you are looking for a place to grow, we encourage you to apply at Midland States Bank, because you belong here.

    If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please direct your inquiries to Midland States Bank Human Resources at HR@midlandsb.com.

    THIS JOB DESCRIPTION DOES NOT CONSTITUTE A CONTRACT FOR EMPLOYMENT

    PI95ffbdf80f92-30511-37848051

    serp_jobs.job_alerts.create_a_job

    Compliance Officer • Rockford, Illinois, United States, 61101

    Job_description.internal_linking.related_jobs
    • serp_jobs.job_card.promoted
    Trade Compliance Specialist

    Trade Compliance Specialist

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Trade Compliance Operations Specialist to lead U.Key Responsibilities Manage day-to-day import and export compliance operations for U. Customs and Border Protection (CBP...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    • serp_jobs.job_card.new
    Governance, Risk & Compliance Associate

    Governance, Risk & Compliance Associate

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Governance, Risk & Compliance Associate to support the evolution of its risk and compliance framework. Key Responsibilities Assist with Risk Control Self-Assessments, Bu...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours
    • serp_jobs.job_card.promoted
    Compliance Officer I - North Carolina

    Compliance Officer I - North Carolina

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Compliance Officer I - Testing & Analytics.Key Responsibilities Execute end-to-end compliance testing, including planning, risk identification, and reporting Source, v...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    Remote Finance Advisor - AI Trainer

    Remote Finance Advisor - AI Trainer

    Data AnnotationJanesville, Wisconsin
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    • serp_jobs.job_card.new
    Sales Operations Compliance Representative

    Sales Operations Compliance Representative

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.temporary
    A company is looking for a Sales Operations Compliance Representative for a 6-month contract.Key Responsibilities Manage high volumes of requests and issues from internal customers Process Marke...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours
    • serp_jobs.job_card.promoted
    SOX Compliance Specialist

    SOX Compliance Specialist

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Compliance Specialist II, SOX Compliance.Key Responsibilities Partner with external auditors to execute a coordinated audit plan and improve audit efficiency Independe...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_1_day
    • serp_jobs.job_card.promoted
    Compliance Specialist

    Compliance Specialist

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Compliance Specialist.Key Responsibilities Download payroll reports for late deposit determinations Calculate late deposit earnings and prepare Form 5330 when required...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    Remote Finance Director - AI Trainer

    Remote Finance Director - AI Trainer

    Data AnnotationBeloit, Wisconsin
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    Compliance Officer- Fintech Services

    Compliance Officer- Fintech Services

    Midland States BankRockford, Illinois, US
    serp_jobs.job_card.full_time
    A variety of soft skills and experience may be required for the following role Please ensure you check the overview below carefully. Compliance Officer- Fintech Services.At Midland, we’re proud to b...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    Compliance Officer- Fintech Services

    Compliance Officer- Fintech Services

    Midland States Bank CareersRockford, Illinois, US
    serp_jobs.job_card.full_time
    Compliance Officer- Fintech Services.At Midland, we’re proud to be a little different.You can see it in our bright orange signs-but there’s more to it than that. With our heartfelt and personalized ...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    Tax Expert - Onsite

    Tax Expert - Onsite

    IntuitHARVARD, IL, United States
    serp_jobs.job_card.full_time
    Intuit is seeking highly motivated individuals to join our dynamic team as dedicated TurboTax Live Seasonal Local Service Experts in one of our new TurboTax locations across the United States on a ...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    • serp_jobs.job_card.new
    Global SOX Compliance Specialist

    Global SOX Compliance Specialist

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Global ICFR and SOX Specialist Non IT.Key Responsibilities Support and execute all aspects of the SOX / ICFR Program and compliance activities Review and perform tests o...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours
    • serp_jobs.job_card.promoted
    Senior Compliance Manager

    Senior Compliance Manager

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Senior Compliance Manager, Home Lending.Key Responsibilities Support operational compliance activities pre- and post-origination, including internal training and contro...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    • serp_jobs.job_card.new
    Commercial Credit Officer

    Commercial Credit Officer

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Credit Product Officer - Credit Products.Key Responsibilities Underwrite commercial requests, modifications, and conduct portfolio reviews Analyze financial statements...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours
    • serp_jobs.job_card.promoted
    • serp_jobs.job_card.new
    Senior Compliance Officer

    Senior Compliance Officer

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    Compliance Officer, Marketing & Advisory.Key Responsibilities Collaborate with Marketing and Product teams to review advertising and marketing materials for compliance with applicable laws Devel...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours
    • serp_jobs.job_card.promoted
    Remote Financial Planner - AI Trainer

    Remote Financial Planner - AI Trainer

    Data AnnotationDeKalb, Illinois
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    Tax Associate

    Tax Associate

    IntuitHarvard, IL, United States
    serp_jobs.job_card.full_time
    Intuit is seeking highly motivated individuals to join our dynamic team as dedicated TurboTax Live Seasonal Local Service Associates in one of our new TurboTax locations across the United States on...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    Remote Financial Analyst - AI Trainer

    Remote Financial Analyst - AI Trainer

    Data AnnotationDeKalb, Illinois
    serp_jobs.filters.remote
    serp_jobs.job_card.full_time +1
    We are looking for a finance professional to join our team to train AI models.You will measure the progress of these AI chatbots, evaluate their logic, and solve problems to improve the q...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_days
    • serp_jobs.job_card.promoted
    Supervisor of Customer Service

    Supervisor of Customer Service

    Binny's Beverage DepotMarengo, IL
    serp_jobs.job_card.full_time
    The Customer Service Manager reports to and assists the General Manager and Assistant Store Manager, in daily operations, including motivating and inspiring the team to achieve store goals.They are...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_30
    • serp_jobs.job_card.promoted
    Compliance Analyst III

    Compliance Analyst III

    VirtualVocationsRockford, Illinois, United States
    serp_jobs.job_card.full_time
    A company is looking for a Compliance Analyst III, responsible for supporting the Compliance program and managing compliance risks. Key Responsibilities Support the Compliance Program with audit, ...serp_jobs.internal_linking.show_moreserp_jobs.last_updated.last_updated_variable_hours