Jobs · Legal · Utah

Compliance Manager - New Partners and New Products

WebBank · Salt Lake City, UT · 2 wk ago
On-siteLegalFull-time

About the Role

This position will report to a Vice President of Compliance and will be primarily charged with ensuring that new Strategic Partner Programs or new products with existing partners build programs and products in compliance with federal and state lending regulations, as well as all WebBank requirements. The role depends on establishing and maintaining relationships of trust and collaboration with co-workers and counterparts, along with the skills to plan, organize, and execute on the Bank's day-to-day operational compliance activities and those of its Strategic Partner Programs.

Responsibilities

  • Be the primary contact for compliance-related information and activities for assigned new Strategic Partner Programs and new products.
  • Guide your assigned Strategic Partner Program through building and/or maintaining a quality Compliance Management System that follows regulatory guidelines and Bank standards.
  • Establish bank standards around compliance monitoring and testing.
  • Report to Executive Management and inform support teams of key developments related to regulatory compliance at assigned Strategic Partner Programs and identify the impact of those developments to the Bank.
  • Ensure that existing and proposed Bank and Strategic Partner Program business practices, policies, procedures, loan pricing, origination software systems, marketing materials, customer correspondence, documents, and disclosures comply with federal and state regulations and Bank guidelines and standards.
  • Stay abreast of federal and state regulatory changes related to consumer lending and privacy and ensure those changes are communicated to and addressed by Bank management and Strategic Partners.
  • Perform site visit reviews of Strategic Partner Programs as needed.

Benefits

  • Paid Time Off (PTO): Generous paid time off plus paid parental leave.
  • Health Insurance: Plans include an employer-paid medical option, dental and vision coverage, plus health savings accounts.
  • 401(k): WebBank matches up to the first 6 percent of employee contributions, and both the employee’s contributions and WebBank’s match are fully vested immediately.
  • Life and Disability Insurance: Life insurance and long- and short-term disability insurance plans are 100% employer-paid.
  • Tuition Reimbursement: WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year.

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