Banking as a Service (“BaaS”) Regulatory Compliance Program Manager

Lead is a fintech building banking infrastructure for embedded financial products and services. We operate an FDIC-insured bank headquartered in Kansas City, Missouri.  Additionally, we have offices in San Francisco, Sunnyvale, and New York City, where our technical, product, design, and legal teams operate.

We are built for a constantly evolving financial landscape, where new ventures and technological advancements emerge daily. Guided by a team of entrepreneurs and technologists with decades of experience navigating intricate banking and payments regulations, Lead blends regulatory and technological expertise to help our fintech partners scale their operations with compliance and creativity.

Simply put, Lead offers the essential attributes that every fintech seeks in a partner bank. First, unparalleled technical expertise from a distinguished team of developers with an extensive understanding of the banking and payments systems. Second, oversight expertise, automated compliance systems, and bespoke program management to navigate the ever shifting regulatory landscape. Finally, a commitment to transparency and operational rigor to ensure everyone’s money does what it’s supposed to do. 

Role Description: We are seeking a BaaS Compliance Program Manager to join our team and bring strong regulatory expertise to our internal and external stakeholders. As the BaaS Compliance Program Manager, you will be part of a team responsible for reviewing and managing banking and fintech partnerships on an array of emerging issues and product types and collaborating with them to develop sound compliance solutions for the entire product lifecycle. In this role, the ideal candidate will primarily focus on our BaaS portfolio with direct line of sight and build relationships with our fintech partners. Unlike at most companies, this role has client facing touchpoints. As such, its importance to both internal and external stakeholders is elevated leading to a differentiated career experience than is typical for a compliance role.

In this role you will:

• Oversee several compliance analysts that are responsible for day to day compliance oversight of the Bank’s BaaS partners from a compliance perspective; ideal candidates will have experience managing staff and exercising strong professional and interpersonal judgment when developing junior staff.
• Advise cross-functional stakeholders across multiple domain areas on compliance requirements, and further develop the Bank’s BaaS compliance program to facilitate the growth and development of the Bank’s strategic goals
• Provide regulatory advisory across multiple domain areas including consumer and commercial lending, consumer and small business deposit products, and related products and services.
• Possess strong consumer and commercial regulatory knowledge, maintain awareness of the changing regulatory landscape, and be able to articulate the Bank’s obligations and positions
• Engage directly with BaaS Partners on a regular basis to gain awareness of their programs, products and regulatory obligations and provide ongoing consultation relating to their existing program or expansion plans
• Conduct due diligence and engage in ongoing program management activities of all BaaS Partners, inclusive of issue management, trend analysis, and remediation activities 
• Ability to manage multiple stakeholders and partners at once while maintaining awareness of multiple deliverables and partner goals
• Maintain oversight and work directly with the Head of Risk & Compliance to further design and implement program controls, enhance fair lending risk assessments, oversee BaaS compliance programs, policies and procedures and compliance reporting to mitigate compliance risk by combining regulatory and industry best practices
• Work directly with the Head of Risk & Compliance to respond to audit and examination requests as well as work directly with BaaS partners on third-party auditing of individual partner programs

Qualifications:

• A bachelor's degree or equivalent
• 5-8 years of financial services regulatory experience (either at a financial institution or fintech company)
• At least 4 years of compliance advisory experience 
• 2+ years of recent experience directly managing junior staff and prioritizing their professional development, and in role execution 
• 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, 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. Pay is based on a number of factors and may vary depending on geographical market location, job-related knowledge, skills, and experience. These ranges may be modified in the future.

Zone 1: $150,000 - $175,000 (SF/Bay Area, NYC, Seattle)

Zone 2: $132,325 - $152,173 (Los Angeles, Chicago, Austin, Denver, Boston, Washington DC, San Diego, Philadelphia, Portland, Sacramento, Miami)

Zone 3: $100,000 - $120,000 (Other US Metros)

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