Cross River Fort Lee , NJ 07024
Posted 2 weeks ago
Who We Are
At Cross River, we're 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 we're looking for
Cross River's 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 company's 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 industry's 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, we'd 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 Bank's 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.
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.
By submitting your application, you give Cross River permission to email, call, or text you using the contact details provided. We will only contact you with job related information.
Cross River