Enterprise Risk Governance Manager
Lead Bank
Remote
Posted on Sunday, September 10, 2023
Lead Bank is a chartered banking-as-a-service platform for builders and innovators. Despite broader economic headwinds, the continued proliferation of fintech companies and a 20x increase in fintech investment ($20.5 billion in 2020) signals that the market’s interest in embedding financial services products into their offerings is resilient and sustainable. Whether it’s a travel company that wants to offer credit for an expensive trip, a social network that wants to enable in-feed shopping solutions, or an ecommerce platform that wants to provide client rewards cards, the broader tech ecosystem has enjoyed a step-change in the sophistication, variety and complexity of client-facing products they can offer. This means that the underlying infrastructure powering those fintechs needs to evolve to meet these modern demands.
While fintech companies continue pushing boundaries, they have largely accepted that directly integrating with banks is costly, time-consuming and operationally burdensome. This frustration comes in many forms: gaps in technical acumen, product scalability, client risk appetite, and company culture. These gaps clearly illustrate the need for a new paradigm in banking technology.
Lead Bank is bridging those gaps. We see a massive opportunity for a tech-savvy developer-focused bank to augment a sophisticated financial services platform with the compliance, regulatory, capital markets, and legal expertise required to help our clients succeed. Come join us on our journey.
In this role you will:
- Build, maintain and lead a regulatory exam management program with coverage across the company to facilitate providing requested exam materials as well as the tracking of any remediation efforts, should they be necessary
- Build, maintain and lead an audit management program with coverage across the Counsel team to facilitate providing requested materials as well as the tracking of any remediation efforts, should they be necessary
- Build, maintain and lead a third-party audit management program to be deployed to the company’s third party fintech partners, including the overseeing of audit schedules, statements of work, communicating with external auditors and fintech partners, and the tracking of any remediation efforts, should they be necessary
- Build, maintain and lead an issues management program inclusive of any issues identified by Bank examiners, internal auditors, or third-party audits of fintech partners
- Build, maintain and lead a risk & control program which sets the standards for documentation, and tracks the status of risks & and controls across the company
- Assist with managing Lead Bank policies
- Partner with Corporate Governance to create reporting on the status of any findings to Bank regulators and Board Committees
- Assist other Counsel teams with ad hoc projects and tasks as needed
- Maintain knowledge of all US banking regulatory and supervisory requirements or expectations pertaining to audits, exams, and risk & control management
- Monitor for changing regulatory requirements that may impact the above programs
- Build and maintain collaborative business relationships with various departments within the company
- Bring a customer-service attitude to both internal team members and external partners
- Occasional travel to San Francisco or Kansas City as needed
- Perform all other duties as assigned
Qualifications:
- 5-7 years focused experience in performing audit, exam, risk & control, or similar enterprise risk or compliance roles
- Strong data entry abilities and proficient working with spreadsheets and data management systems (i.e. GRC tools)
- Extremely detail oriented and able to confidently communicate with internal and external stakeholders
- An ability to distill complex issues into solvable and actionable tasks
- Ability to execute independently and work with team members of all levels
- Adaptability in an agile and fast-paced environment
What we offer:
- At Lead, we design our benefits to support company culture and principles, to foster an efficient and inspiring work environment, and to create the conditions for our team to give their best in both work and life
- Competitive compensation, including opportunities for equity grants and cash bonus, based on experience, geographic location, and role
- Medical, Dental, Vision, Life, 401k Matching, and other wellness benefits, including FSA, HSA and HRA
- Paid parental leave
- Flexible vacation policy, including PTO and paid holidays
- A fun and challenging team environment in a dynamic industry with ample opportunities for career growth
*Lead Bank is proud to have an inclusive culture committed to ensuring equal employment opportunity in all employment decisions regardless of race, color, gender, national origin, religion, age, disability, sexual orientation, gender identity, military status, veteran status or any other legally protected status.
*Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.
*Pursuant to the San Francisco Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
*Pursuant to the Los Angeles County Fair Chance Ordinance, we will consider for employment qualified applicants with arrest and conviction records.
*Our compensation reflects the cost of labor across several US geographic markets. The base pay for this position ranges from $100,000/year to $140,000/year. Pay is based on a number of factors including market location and may vary depending on job-related knowledge, skills, and experience.