Jobs at Cross River

• Create strong internal relationships across different Bank functions in order to contribute compliance subject matter expertise during prospective third-party provider meetings.
• Review due diligence submitted by prospective third-party providers including documentation of CMS, regulatory policies and procedures, compliance charter, application flow, application disclosures, and cardholder agreements, against consumer compliance regulations, card network rules, card industry best practices, and in accordance with FDIC Credit Card Activities Guidance and established Bank procedures.

• Completes a broad variety of administrative tasks for the Chief Compliance Officer including: heavy calendar management, proactively managing scheduling conflicts, completing expense reports, budget management, booking domestic and international travel, composing and preparing correspondence that is at times confidential, high-level gate keeping, and various other ad hoc projects

• Work closely with the capital markets, direct lending ,broker-dealer and the investment banking teams representing Cross River in various market participant roles, i.e., sponsor, asset contributor and issuer, loan investor, loan seller, underwriter, placement agent, asset-backed lender, loan servicer, and loan originator

• Conducts analyses, monitors metrics, and provides information to Senior Management and the Board of Directors to properly manage the consumer and wholesale portfolios of the Bank.
• Review program and transactional activities for the Capital Markets and Banking as a Service groups which includes structured finance activities related to the Bank’s principal finance efforts as well as credit, debit and prepaid card offerings.

• Lead the strategy, development, and implementation of enterprise systems aligning with company strategic goals.
• Oversee the management of enterprise applications and infrastructure, ensuring high availability, performance, and security.

• Support Cross River’s strategic sourcing activities to develop procurement function within the enterprise and expand further expense discipline
• Manage T&E and non-T&E reimbursement requests, and ensure accurate and timely T&E budget allocation and tracking

• Coordinate the operational activities to ensure compliance with all federal and state laws, as well as organizational policies, procedures, and processes, including (but not limited to) those related to the CARD Act, CARD BRAND rules, Regulation E, the Bank Secrecy Act (BSA), Identity Theft Red Flags, and Office of Foreign Assets Control (OFAC) to mitigate any potential legal risks and prevent any unfavorable exposure to the Bank Complies

• Review Due Diligence memos and client documentation for new client onboarding, from an AML/CFT, KYC, and Risk perspective.
• Conduct Ongoing Monitoring and Oversight over existing relationships, including shadow underwriting and/or sampling/QA based on CRB’s risk-based approach.

• Review and prepare customer due diligence memos and client documentation for new client onboarding, from an AML/CFT and OFAC perspective.
• Conduct Ongoing Monitoring and Oversight over existing relationships, and sampling/QA based on CRB’s risk-based approach.

• Oversight of the assigned Level 1 Monitoring Alert Team members
• Thorough understanding of the partners, customers, and related alerts

• In accordance with the annual audit plan and schedule, as assigned, independently plan and conduct Fair Lending, UDAAP, and other Regulatory Consumer Compliance internal audits and tests applying a risk-based audit methodology and Institute of Internal Auditors’ standards. Following the completion of internal audits and tests, the Audit Manager determines results based on own discretionary judgement and makes recommendations for future improvements where needed.

• Play a key role in planning, designing, and implementing ultra-high throughput banking systems
• Develop and deliver zero downtime deployment processes, and detailed monitoring of the business domains that you work on.

• Threat Detection and Incident Response: Monitor and analyze security events, conduct investigations, and respond to security incidents to minimize potential impact on the organization. Proficiency in configuring and administering End point protection systems

Microsoft defender
Crowdstrike
Data Leakage Prevention tools and implementation

• Manage the Corporate Regulatory Reporting, Industry & State Reporting, providing support and feedback to team members in their handling of matters such as regulatory filings, regulatory data and statistical reporting, licensing, examinations, and related tasks reporting into the CCO.
• Coordinate and assist with the design and implementation to continuously upgrade the compliance...

• Manage enterprise-wide regulatory consumer compliance reviews; stay up to date on regulatory initiatives and monitor regulatory changes to keep review documents current; maintain proactive client relationships with department management being reviewed and is the primary liaison with respect to Consumer Compliance

• Plan and carry out special projects, reporting, and ad hoc requests, across all disciplines within the fair lending program (which can include Compliance Management Systems, Data collection and validation, Statistical Analytics, Governance) and in collaboration with the Head of Fair Lending, Compliance, Analytics, Data, Data Science, and colleagues and teams within CRB, to high standards of rigor and quality. Reporting may require communicating highly technical concepts to broad audiences.

• Provide comprehensive compliance expertise, delivering accurate fair lending compliance advice and guidance to various stakeholders.
• Lead the development and implementation of innovative strategies to develop and enhance fair lending program oversight elements, including fair lending risk assessments, due diligence, issues management, complaints, model reviews, etc., while ensuring adherence to fair lending laws and regulations.

• Assist the Program Director, Fair Lending in the day-to-day operation of CRB’s Fair Lending Program, in collaboration with the Head of Fair Lending, Compliance, Analytics, Data, Data Science, and other teams within CRB.
• Strong planning and organizational skills.

• Own, enhance, implement, and maintain the Bank’s Fair Lending Analytics Program, ensuring that appropriate Fair Lending statistical analyses are conducted accurately and timely to mitigate fair lending risk across the Bank’s partners and products.
• Collaborate across multidisciplinary teams—Compliance, Data Science, Model Risk Management, Dat...

• Use fair lending subject matter expertise to implement risk identification and monitoring activities to proactively identify products, models, policies, practices, etc. that create fair lending risk or may result in unfair treatment.
• Conduct work related to fair lending risk assessments.