Senior Compliance Analyst

Description

Who We Are

Thread Bank is a digital-first financial technology community bank that aims to enhance customer engagement through innovative solutions. Thread Bank offers a modern website, a CRM system, and a mobile app to simplify banking for businesses and individuals. Our embedded banking solution helps business technology platforms provide secure banking experiences. We also partner with other banks, credit unions, and FinTechs to integrate compliant financial solutions. Thread Bank values innovation, collaboration, and flexibility, offering excellent benefits and a family-friendly culture.

What We Are Looking For

The Senior Compliance Analyst supports Thread Bank’s Compliance Management program across the bank and its sponsored fintech partners. This role monitors products, services, and operations for compliance risk, interprets regulatory change, and helps build the monitoring, testing, and reporting that keep the bank and its partners within regulatory boundaries. The Senior Compliance Analyst works closely with product, technology, operations, Internal Audit, and regulators, and must bring sound judgment, strong analytical skills, and the ability to communicate complex regulatory requirements clearly. This role suits a compliance professional who thrives in a fast-paced, growing environment and wants to advance their career as the company grows.

What You’ll Do

• Monitor and analyze the products, services, and operations of the bank and its sponsored fintech partners to identify compliance risks and ensure compliance with applicable federal and state privacy and consumer protection laws and regulations.
• Monitor and interpret regulatory changes affecting the bank and its fintech portfolios, and advise stakeholders on risks and necessary changes.
• Liaise with the Compliance Management team on compliance matters specific to fintech solutions.
• Assist with compliance risk assessments for the bank and fintech platforms, identifying gaps in policies, processes, and controls.
• Assist with developing and implementing compliance monitoring for bank and fintech processes, such as key risk indicators, performance indicators, and exception reports.
• Assist with developing fintech compliance dashboards that keep stakeholders informed of fintech compliance activities.
• Assist in reviewing policies and procedures tailored to fintech operations.
• Assist in administering independent, state, and federal supervisory activity.
• Serve as a liaison with Internal Audit and regulatory examiners, coordinate visit preparation, and prepare documentation for examinations and audits.
• Assist with reviewing compliance-related disclosures, customer communications, and marketing materials.
• Research, analyze, and interpret complex regulations to respond to internal and external compliance inquiries.
• Assist with consumer complaint investigations, responses, and tracking.
• Assist with remediation of audit and regulatory findings.
• Work cross-functionally with the product team, technology providers, and operations to integrate compliance considerations into the product development lifecycle.
• Help educate internal and external stakeholders on regulatory requirements, compliance processes, and best practices.
• Contribute to a culture of compliance by supporting training programs and knowledge-sharing initiatives.
• Stay informed about fintech and compliance technology developments, and advise on opportunities to adopt innovative compliance solutions.
• Serve as a subject matter expert on bank and fintech trends and emerging risks.
• Assist with reviewing due diligence materials on vendors and partners to confirm they meet regulatory requirements and risk tolerances.
• Participate in specialized department projects.
• Perform additional responsibilities as assigned by management or business needs.

Qualifications

• Bachelors Degree required
• Eight or more years of compliance experience, preferably within financial services, fintech, or a regulatory environment.  
• Experience supporting regulatory compliance for fintech solutions, such as digital payments, lending, or embedded finance products.
• Comprehensive understanding of U.S. laws and regulations applicable to financial institutions and fintechs, including federal and state privacy and consumer protection requirements.
• Demonstrated experience managing compliance in highly regulated sectors with dynamic operating models.
• Strong attention to detail, with strong analytical and problem-solving skills.
• Excellent verbal and written communication skills, including the ability to present findings to internal leadership and external regulators.
• Strong project management and organizational skills, with the ability to manage multiple priorities in a fast-paced environment.
• Ability to work on site at the Nashville, Tennessee office Monday through Friday.

Preferred

• Professional certification or designation such as Certified Regulatory Compliance Manager (“CRCM”), Certified Internal Auditor (“CIA”), Certified Information Systems Auditor (“CISA”), or a related credential preferred.
• Experience with Community Reinvestment Act (“CRA”) compliance preferred.
• Experience partnering with startups and other fast-paced, technology-driven organizations preferred.
• Familiarity with compliance obligations related to emerging technology in financial services, such as artificial intelligence, big data, and automation preferred.

Employee must be able to perform essential functions of the position and, if requested, Thread Bank will make reasonable accommodations to enable employees with disabilities to perform the essential functions of their job, absent undue hardship, in accordance with the ADA. Thread Bank is an Equal Opportunity Employer. Thread Bank does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law. 

All employment is decided on the basis of qualifications, merit, and business need. By submitting your application, you give Thread Bank permission to email, call, or text you using the contact details provided. We will only contact you with job-related information.