Compliance Assurance Manager

Onbe, a fast-growing FinTech, bringing innovation to a rapidly growing global marketplace, stands for “on behalf.” Because that’s exactly how we work: on behalf of our clients, as their comprehensive payments partner. We transform the way payments are imagined — as an opportunity for innovation, a source of insight to customers, and a way to connect with partners around the globe!

Summary: The Compliance Assurance Manager will play a vital role on the Governance, Strategy & Assurance (“GSA”) team within the Risk & Compliance Department by assisting the GSA Sr. Director with leading activities to support ongoing monitoring & testing of the Compliance Program. This is a hybrid role that will work onsite 2 days per week at any of our offices – Buffalo Grove, IL, Conshohocken, PA or Plano, TX. Occasional travel may be required as part of this position. 

Responsibilities:

• Assist in designing a risk-based regulatory compliance monitoring & testing framework.
• Assist in developing and completing the annual Compliance Monitoring & Testing plan, ensuring coverage for existing and new regulations, changes to existing regulations, and any audit or exam findings.
• Design and evaluate the operating effectiveness of controls, assess identified findings, resolve root causes, propose risk ratings in accordance with internal guidelines and standards, and draft recommendations and reports.
• Document test results and reporting metrics in central repository.
• Facilitate the assignment and execution of issue closure verification testing to ensure testing conforms to guidelines and standards, work papers are complete and accurate, and the testing is completed promptly.
• Assist in executing Monthly, Quarterly and Annual compliance key performance and company-wide key risk indicator analysis and reporting.
• Implement and present reporting of key performance and company-wide key risk indicators.
• Review and propose amendments (as needed) and implement policies, procedures, manuals, systems, and training, where appropriate, due to changes in regulation, industry practice, or otherwise.
• Identify and lead opportunities to optimize tools/technology to enable inquisitive work as needed.
• Support ongoing audits and reviews
• Assist with other compliance initiatives as needed.

Qualifications:

• 6+ years in risk, compliance testing, internal audit, or related financial services roles.
• In-depth knowledge of consumer compliance, AML/OFAC, payments, and e-money regulations.
• Proven ability to develop test scripts from business requirements and assess adherence to regulations and controls.
• Strong data analysis capabilities, with the ability to derive insights from large datasets for leadership
• Strong communication, planning, project management, and data analysis skills.
• Ability to interpret regulations and translate business needs into technical reports.
• Strong technical and problem-solving skills, with attention to detail.
• Ability to build relationships and navigate the organization. 
• Strategic thinker with tactical implementation skills.
• Demonstrated ownership of projects and continuous improvement focus.
• Proficient in Word, Excel, and PowerPoint.
• Able to thrive in a fast-paced environment and tackle novel issues.
• Compliance, Privacy, AML Certification.

Preferred Qualifications:

• Bachelor's degree
• Compliance or AML Certification

The base salary range for this position is budgeted for $116,100 to $120,000 with eligibility for an annual bonus. The actual base salary offered depends on a variety of factors, including but not limited to the qualifications of the individual applicant for the position, years of proven experience, specific and unique skills, level of education attained, certifications or other professional licenses held, business needs, and market demand. Our competitive benefits include medical, dental, vision, wellness, 401(k) matching, open paid time off, generous parental leave, and more! Our job titles may span more than one career level. All candidates are encouraged to apply.

#LI-Hybrid

At Onbe, a diverse group of people, ideas, and perspectives are key to achieving phenomenal things. For over 25 years, our focus has remained on building a culture of openness and ingenuity, where employees come together to innovate and build disbursement solutions that make the lives of our clients and their consumers and workforces easier and better. Our definition of success includes celebrating differences and affirming belonging. To that end, we ask employees to come to Onbe as they are and contribute their diverse perspectives, identities, and experiences.

We believe that the recruiting phase is only the very beginning of diversity and inclusion. At Onbe, we’re constantly evolving the way we celebrate diversity every day and in everything we do. With several internal committees that are dedicated to mental and physical wellness, diversity, inclusion, and community outreach, we are committed to making a culture that is inclusive to all.

Onbe is proud to be an equal opportunity employer. We seek out ways to create a mindful workforce that embraces diversity and celebrates a culture of inclusion. We do not discriminate against employees or job applicants on the basis of race, color, ancestry, national origin, sex (including pregnancy), gender identity, sexual orientation, marital or family status, religion, age, disability, genetic information or military service. Our equal opportunity policy applies to all decisions of employment including hiring, placement, promotion or advancement, termination, layoff, recall, transfer, compensation, training and leaves of absence