Chief Compliance Officer

Who We Are

At Cross River, were building the best banking and technology products for FinTechs, all through APIs. As venture-backed pioneers of the platform-based financial services model known as the sponsor, or partner, bank, we work closely with our partners to offer products such as payments rails and loan origination services to the latest in regulatory and compliance solutions. What drives us every day? A desire to innovate in the service of financial inclusion. Giving access to consumers, whether they are looking for credit or for a better way to pay has been in our DNA from day one. Our nimble, adaptive, one-step ahead culture is powered by our people, and as a result of their creativity, tech-forward thinking and collaborative spirit, we are experiencing explosive growth.

What were looking for

Cross Rivers Compliance teams make sure that our business is always consistent with current regulations, and as Chief Compliance Officer, you play a key role. We are looking for a Chief Compliance Officer to ensure that our operations, our third-party providers, and business transactions follow all relevant rules, regulations and internal policies. The CCO will be the companys main SME and advisor on compliance, serve as the point person for internal and external audits, regulatory examinations, legal contracts, and all Third Party Vendor compliance.

To succeed in this role, you should be a reliable professional who is not afraid to speak their mind and stand by their decisions. You should be familiar with risk management and our industrys standards especially in Consumer Lending and be able to adapt to a changing landscape. If you also have a sharp business acumen, operational and able to execute, wed love to meet you.

Your goal will be to ensure we operate in a compliant and ethical manner while meeting our business objectives.

Responsibilities:

• Develop, enhance, and implement an effective compliance program
• Ensure that third-party providers have effective compliance programs that meet the Banks standards
• Create sound internal controls and monitor adherence to them
• Draft and revise company policies
• Proactively audit processes, practices, and documents to identify weaknesses
• Evaluate business activities (e.g. investments) to assess compliance risk
• Collaborate with internal audit when needed
• Set plans to manage a crisis or compliance violation
• Educate and train employees on regulations and industry practices
• Address employee concerns or questions on legal compliance
• Keep abreast of internal standards and business goals

Qualifications:

• Proven experience as a Chief Compliance Officer in Consumer Lending
• Experience in risk management
• Knowledge of all banking regulations and how to apply them
• Familiarity with industry practices and professional standards
• Have extensive experience providing compliance oversight over third-party provider programs
• Excellent communication skills
• Integrity and professional ethics
• Business acumen
• Teamwork skills
• Attention to detail
• BSc/BA in law, finance, business administration or a related field
• Professional certification (e.g. Certified Compliance & Ethics Professional (CCEP)) is a plus

Cross River is an Equal Opportunity Employer. Cross River 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.