Compliance Manager

Compliance ManagerDepartment: Risk Management Employment Type: Full Time Location: Remote Reporting To: Jason Boova Description Grasshopper Bank is a client-first, digital bank built for the business and innovation economy, with an obsession for providing leading-edge technology, solutions-driven products and superior service through a combination of passionate people and digital resources. We are a highly experienced team who pride ourselves on diversity of thought and perspective. Nationally chartered, our portfolio of products and services range from VC, PE & Portfolio Companies to SBA Lending, as well as direct SMB and Embedded Banking. Our entrepreneurial drive allows us to support the growth and success of a wide range of clients at every stage of their business through inclusive partnership. We seek out team members who will enable both our organization and our people to grow and thrive through collaboration and acting with integrity and respect. Our focus on cross-functional teamwork provides a culture where ideas are valued, accountability is encouraged, and successes are celebrated. We welcome all those searching for the opportunity to contribute to banking innovation that influences and supports the emerging digital world of Financial Services. Our digital first approach enables our teams the flexibility to work remotely. We have offices in NYC and Boston. What you'll do: Oversight of the bank's adherence to consumer regulatory requirements, including but not limited to ECOA/Regulation B, TILA/Regulation Z, and FCRA/Regulation V. Managing components of the Compliance Management System (CMS) and collaborating with various departments to ensure compliance across all business lines, including: Ensuring the Bank effectively identifies, measures, monitors, and controls compliance risks. Work cross functionally with various internal functions to integrate compliance controls into daily operations. Prepare and present compliance reports to senior management and regulatory bodies, as needed. Support new and existing product development by advising teams on compliance, risk, and control strategies, new product development, and process improvements. Manage the Bank's complaint handling process, including working cross functionally to ensure resolutions are accurate, timely, and in compliance with all applicable regulatory requirements Maintain administrative oversight of compliance training issued via the Bank's learning management system Drive corrective actions to address compliance issues, including implementing remediation and conducting follow-up reviews as needed Manage and respond to compliance related audit requests, including written and verbal communications Assist in responding to regulatory examinations and inquiries, maintaining effective relationships with regulatory agencies, and staying abreast of regulatory changes and expectations What you need: Bachelor's degree in finance, business administration, law, or a related field. Minimum of 5-7 years of experience in compliance management within the banking or financial services industry. In-depth knowledge of consumer protection laws and regulations, including ECOA/Regulation B, TILA/Regulation Z, and FCRA/Regulation V. Proven experience in developing and managing Compliance Management Systems (CMS). Ability to develop solutions and advise on issues with minimal oversight. Strong analytical skills and attention to detail. Excellent communication and interpersonal skills, with the ability to effectively train and advise staff at all levels. Ability to work independently in a remote environment and manage multiple projects simultaneously. Professional certifications such as Certified Regulatory Compliance Manager (CRCM) or Certified Compliance and Ethics Professional (CCEP) are encouraged but not required

Created: 2025-03-10