Compliance Manager
About WebBankWebBank (the “Bank”) is a Utah-chartered Industrial Bank headquartered in Salt Lake City, Utah. As “The Bank Behind the Brand®”, WebBank is a national issuer of consumer and small business credit products through Strategic Partner (Brand) platforms, which include retailers, manufacturers, finance companies, software as a service (SaaS) and financial technology (FinTech) companies. The Bank is a leading player in the digital lending space, driving innovation in financial products through embedded finance with Strategic Partner platforms. WebBank engages in a full range of banking activities including consumer and commercial loan products, revolving lines of credit, credit cards, private-label card issuance, auto-refinancing and more. The Bank provides capital in the form of asset-backed lending and other credit facilities to Strategic Partner platforms, credit funds, and other lenders with a targeted focus on specialty finance assets. The Bank is also a leading provider of commercial insurance premium finance products through its wholly owned subsidiary National Partners.Job SummaryThis position will report to a Vice President of Compliance (Partner Facing) and will be primarily charged with ensuring that assigned Strategic Partner Programs maintain compliance with federal and state lending regulations as well as all WebBank requirements. This position hinges on a relationship of reliance, confidence and comprehending 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.You WillPrimary Responsibilities (Job Duties)Be the primary contact for compliance related information and activities for assigned Strategic Partner ProgramsGuide your assigned Strategic Partner Program through building and/or maintaining a quality Compliance Management System that follows regulatory guidelines and Bank standardsExecute the Bank’s 2nd line CMS for your assigned Strategic Partner Program (Risk Assessment, Monitoring & Testing, Issue Management, Complaints, etc.)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 BankEnsure 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 regulationsStay 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 PartnersAssist in addressing internal and external audit findings and help prepare feedbacks as requestedAssist in the refinement and execution of compliance monitoring programs to test the compliance controls and procedures of the Bank and assigned Strategic Partner ProgramsPerform site visit reviews of Strategic Partner Programs. Must be willing to travel at least quarterly for 2-3 days per visit.Company PerksYou Get:Paid Time Off (PTO) - Generous paid time off plus paid parental leaveHealth insurance - Plans include an employer paid medical option, dental and vision coverage, plus we offer health savings accounts401(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 immediatelyLife and Disability Insurance - Life insurance and long and short-term disability insurance plans are 100% employer paidTuition Reimbursement - WebBank provides reimbursement for classes needed to obtain certain degrees, up to $5,250 per academic year