Sr. Compliance Advisor

About the role

The Sr. Compliance Advisor will serve as a primary subject matter expert (SME) providing strategic guidance on regulatory requirements for our digital banking products. You will partner directly with Product, Engineering, and Marketing teams to ensure that our "digital-first" initiatives, ranging from lending to high-yield deposit products, are built with "Compliance by Design."

Responsibilities

• Provide strategic advisory services to business units regarding regulatory compliance obligations and the implementation of corresponding internal controls.
• Collaborate with Product, Operations and other business lines in the development lifecycle to embed compliance principles into all new and enhanced products, services and workflows.
• Review PRDs and JIRA tickets related to product/system enhancement and development.
• Partner with Operations to evaluate, guide, and approve procedures, FAQs, and customer outreach materials for deposit and loan offerings.
• Coordinate with various business units and departments to facilitate and execute the Annual Compliance Risk Assessment.
• Support the annual FDIC-370 certification by working across multiple teams to manage the associated procedures, reporting, and final submission.
• Contribute to the periodic refinement of Risk and Control Self-Assessments (RCSA) for diverse financial products and service offerings related to Compliance.
• Provide oversight for Compliance Third-Party Risk Management (TPRM) reviews.

Requirements

• Advanced knowledge of consumer compliance regulations, including Reg E, Reg DD, Reg Z, Reg B, UDAP/UDAAP, FCRA/FACTA, FDCPA, Reg CC, E-Sign, Reg J, and IRS procedures.
• Proven ability to establish effective partnerships and collaborate across diverse internal and external stakeholders.
• PRACTICAL experience with Compliance Management Systems.
• Strong leadership qualities characterized by a sense of ownership and the ability to drive thought-leadership.
• Capability to manage multiple workstreams simultaneously in a fast-paced, high-volume setting.
• A passion for using technology to address compliance issues, paired with a high degree of intellectual curiosity.

Qualifications

• Advanced degree in Finance, Law, or a related field.
• Minimum of 5 years of experience in consumer compliance, preferably in a financial services environment.
• Experience with Compliance Management Systems.
• Experience with Risk and Control Self-Assessment (RCSA).
• Experience with Third-Party Risk Management (TPRM).

Skills

• Excellent communication and collaboration skills.
• Ability to work independently and manage multiple tasks simultaneously.
• Strong analytical and problem-solving skills.
• Knowledge of financial regulations and compliance standards.

Benefits

Varo offers a comprehensive benefits package including health insurance, retirement plans, paid time off, and more.

Pay

USD 95,000-145,000 / year

Schedule

Remote