Home Mortgage Disclosure Act (HMDA) Data Integrity Testing Specialist – Fair Banking Compliance
TD
Manager, Fraud Risk & Compliance Operations
WEX
full-time
Posted on:
Location Type: Hybrid
Location: Maine, Utah • 🇺🇸 United States
Visit company websiteSalary
💰 $109,000 - $145,000 per year
Job Level
SeniorLead
About the role
- Be an integral part of the development of a compliance center of excellence, with an emphasis on banking/financial regulatory compliance
- Take a lead role in internal audits, external audits, and regulatory examinations
- Advise on potential products and services and their alignment with various regulatory schemes
- Work closely with the compliance team at WEX Bank, our wholly owned subsidiary
- Manage the BSA/AML first-line quality assurance program and quality assurance analysts
- Guide your team on best practices and compliance and risk-related principles
- Manage a team of embedded risk partners (also known as REST) to vet new products and initiatives, aligning closely with commercial leadership teams
- Utilize a data-driven approach to develop KPIs and ensure accountability across all team functions
- Collaborate closely with partners in Commercial and Product to ensure project prioritization alignment
- Provide guidance, support, and mentorship to the embedded risk partners to instill a solutions-oriented, risk-appropriate culture within the team
- Liaise with senior line of business and product leaders and remain apprised of strategic initiatives and product plans
- Lead the compliance operations function, including advising on compliance-related topics for new initiatives and changes to existing product functionality
- Lead our WEX Inc. complaint response responsibilities, including regulatory responses and BBB complaints
- Manage a team of fraud risk analysts, specializing in assessing fraud risks and mitigation recommendations
- Use a data-driven approach to solutioning and decision-making
- Analyze existing systems and processes to identify bottlenecks and opportunities for improvement
- Influence priority, expectations, and timelines within your areas of responsibility
- Focus on instrumentation and team efficiency and performance measurables
- Interact and communicate effectively with peer groups, middle management, and senior leaders within the organization.
- Lead weekly stakeholder governance meetings to review initiatives and identify necessary stakeholders.
Requirements
- Bachelor’s degree in Business Administration, Finance, Risk Management, or related field; or equivalent experience
- 7-10 years experience in banking and regulatory compliance
- Minimum three years of people management/leadership experience
- Possess the Certified Regulatory Compliance Manager (CRCM) designation
- Experience with payment products compliance
- Prior sales/commercial experience is a plus
- Demonstrable track record of data-driven leadership and results
- Strong problem-solving skills, excellent communication and collaboration skills
- Passionate about utilizing emerging technologies to optimize operations
- Demonstrated experience in implementing and executing risk frameworks, including controls, policies, procedures, Risk Control Self-Assessments (RCSAs), and maintaining risk registers
- Possess a deep understanding of WEX's business and products to effectively identify emerging risks
- Familiarity with the complexities of the payment industry and its regulatory environment is crucial
- Demonstrated ability to effectively navigate heavily matrixed teams including IT, Product, Commercial teams, Risk, and Operations.
Benefits
- health, dental and vision insurances
- retirement savings plan
- paid time off
- health savings account
- flexible spending accounts
- life insurance
- disability insurance
- tuition reimbursement
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
regulatory complianceBSA/AMLdata-driven decision-makingrisk frameworksRisk Control Self-Assessments (RCSAs)quality assurancefraud risk assessmentKPI developmentpayment products complianceaudit management
Soft skills
leadershipproblem-solvingcommunicationcollaborationmentorshipinfluencestrategic thinkingteam efficiencystakeholder managementsolutions-oriented mindset
Certifications
Certified Regulatory Compliance Manager (CRCM)
