Senior Compliance Analyst - Nashville - Thread Bank

    Thread Bank
    Thread Bank Nashville

    3 days ago

    Description
    Who We Are
    Thread Bank is a digital-first financial technology community bank that aims to enhance customer engagement through innovative solutions.

    Thread Bank offers a modern website, a CRM system, and a mobile app to simplify banking for businesses and individuals.

    Our embedded banking solution helps business technology platforms provide secure banking experiences. We also partner with other banks, credit unions, and FinTechs to integrate compliant financial solutions. Thread Bank values innovation, collaboration, and flexibility, offering excellent benefits and a family-friendly culture.
    What We Are Looking For
    We are looking for people who thrive in a fast-paced, growth environment while remaining within regulatory boundaries.

    Thread Bank provides a unique opportunity to be a part of a high growth, cutting edge, fintech startup within the stable and profitable banking industry.

    This is an excellent opportunity for a professional looking to advance their career as the company grows.
    What you'll do


    • Monitor and analyze the bank's and bank's sponsored fintech products, services, and operations to identify compliance risks and ensure compliance with relevant federal- and state-level privacy and consumer protection regulations.
    • Monitor and interpret regulatory changes impacting the bank and fintech portfolios, advising stakeholders on risks and necessary adaptations.
    • Liaise with the Compliance Management team on compliance matters specific to fintech solutions.
    • Assist with compliance risk assessments for the bank and fintech platforms, identifying gaps in policies, processes, and controls.
    • Assist with the development and implementation of compliance monitoring (KPIs, KRIs, exception reports, etc.) for the bank and fintech processes.
    • Assist with the development of fintech compliance dashboards to inform various stakeholders of the fintech's compliance activities.
    • Assist in reviewing policies and procedures tailored to fintech operations.
    • Assist in the administration of independent, state and federal supervision activity.
    • Act as a liaison with Internal Audit, Examiners, etc. for visit preparations and prepare documentation for examinations and audits.
    • Assist with the review of compliance-related disclosures, customer communications, and marketing materials.
    • Research, analyze, and interpret complex regulations to respond to internal and external compliance-related inquiries.
    • Assist with consumer complaint investigations, response, and tracking.
    • Assist with audit and regulatory issue remediation.
    • Work cross-functionally with the bank's product team, technology providers, and operations to integrate compliance considerations into product development lifecycles.
    • Assist with the education of internal and external stakeholders on regulatory requirements, compliance processes, and best practices.
    • Contribute to building a culture of compliance by assisting with training programs and knowledge-sharing initiatives.
    • Stay informed about fintech and compliance technology developments, advising on opportunities to integrate innovative compliance solutions.
    • Act as a subject matter expert on bank and fintech trends and emerging risks.
    • Participate in specialized department projects.
    • Assist with the review of diligence materials on vendors and partners to meet regulatory requirements and risk tolerances.
    • Perform other job duties as assigned.
    Qualifications


    • Bachelor's degree
    • Relevant certifications, such as Certified Regulatory Compliance Manager (CRCM), Certified Internal Auditor (CIA), Certified Information Systems Auditor (CISA) or related professional certification(s) or designation(s) are strongly preferred.
    • years of compliance experience, ideally within financial services, fintech, or regulatory environments.
    • Experience supporting regulatory compliance for fintech solutions, such as digital payments, peer-to-peer lending, or embedded finance products.
    • Familiarity with working in partnership with startups and fast-paced, technology-driven environments.
    • Proven track record of managing compliance in highly regulated sectors with dynamic operating models.
    • Comprehensive understanding of U.S. laws and regulations relevant to financial institutions and fintechs.
    • Awareness of compliance obligations related to emerging technology (e.g., AI, big data, automation) in the financial space.
    • Exceptional attention to detail coupled with strong analytical and problem-solving skills.
    • Excellent verbal and written communication, with the ability to present findings to internal leadership and external regulators.
    • Strong project management and organizational skills with the ability to handle multiple priorities in a fast-paced environment.

    Employee must be able to perform essential functions of the position and, if requested, Thread Bank will make reasonable accommodations to enable employees with disabilities to perform the essential functions of their job, absent undue hardship, in accordance with the ADA.

    Thread Bank is an Equal Opportunity Employer.

    Thread Bank does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.

    All employment is decided on the basis of qualifications, merit, and business need.

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