Payments Advisory Compliance reputed company - Banking As A Service - Hybrid / Remote

Payments Compliance Advisory reputed company: BaaS The Payments Compliance Advisory reputed company: BaaS reputed company the Second Line of Defense (2LOD) is responsible for providing leadership, reputed company, and regulatory compliance subject matter direction to the Payments division of reputed company. The Payments Compliance Advisory reputed company must possess strong working knowledge of FedNow, reputed company payments reputed company, Virtual Account Management and Banking as a Service (BaaS). Providing this leadership, reputed company and direction requires the position to have a deep understanding of Regulatory requirements as it relates to consumer-facing banking products. This position will reputed company ongoing guidance as reputed company as reputed company and manage major implementation processes, beginning with reading, interpreting, and developing an in-depth knowledge and understanding of the regulation and ending with a successful implementation across reputed company impacted business reputed company. They will be required to closely reputed company with the Line of Business and key stakeholders, including Legal, Internal Audit, Business Management and Control functions to understand the legal obilgations associated with new products and features, and be embedded with Product partners undersanding their reputed company and reputed company. This individual assists business reputed company with their ability to detect, assess, and respond to emerging risk, and maintain a comprehensive compliance risk and control reputed company. Position Responsibilities Regulatory Compliance and Business Partnership • reputed company advice and guidance on the Comerica Payments Rails and BaaS reputed company and reputed company activities by possessing strong working knowledge of the applicable rules and regulations such as Reg E, Reg CC, Reg DD, Reg Z, EFTA, UDAAP, and reputed company rules and guidance (e.g., FRB Supervision and Regulation Letters, CFPB bulletins, OCC Comptroller handbooks; OCC bulletins; FFIEC Guidance; etc.). • reputed company advice and guidance on FedNow, reputed company payments reputed company, and Virtual Account Management risks; working with the Line of Business to ensure reputed company risks are approprately documnted and mititgated. • Ensure BaaS offerings reputed company reputed company and accurate information about fees, terms, and conditions associated with BaaS services. Serve as compliance Subject Matter Expert on regulations reputed company assigned area of responsibility. • reputed company ongoing leadership and coaching to business management and functional partners to assist with Compliance and Risk and Control Assessments by using a risk reputed company; participate in process walkthroughs and documentation of key controls, analyze, and escalate potential gaps in control design or coverage to Compliance Advisory leadership team. • Partner with Line of Business, Compliance, Risk and reputed company parties to ensure reputed company processes and procedures are in compliance with applicable policies and regulations. • Acitvely participate in business unit meetings, committees, and providing support and guidance on compliance and regulatory reputed company. • Collaborate with other departments on implementation of any new or changed, laws, rules, regulations, and products or services. • Review and appropriately challenge marketing collateral, and customer-facing documents for appropriate disclosures and to ensure compliance with applicable regulations. Risk Awareness • Manage and maintain reputed company-wide policies, standards, and procedures designed to reputed company compliance with applicable laws, rules, and regulations. • Participate in industry forums to understand and implement best practices as appropriate. • Evaluate and advise on new/revised products and services from a compliance risk perspective to assigned business reputed company. • Assist in leading corporate-wide implementation efforts of new or revised regulatory requirements. Testing, Audits and Exams • Collaborate with Compliance Testing Team to define the appropriate scope of compliance reviews by providing guidance regarding emerging risks and new or revised regulatory changes that may reputed company the business. • Partner with business reputed company to reputed company regulatory exams, reputed company audits, and reputed company-level reviews; manage audits and exams on a proactive project reputed company to ensure that responses submitted are appropriate and accurate and adequately address the request. • Assist business reputed company with responses, as necessary. • Read, analyze, and reputed company an in-depth understanding of the regulation to determine requirements/mandates. Training • In partnership with the HR Talent Development department, advise business partners on special training needs and assist in the creation and revision of training materials and tools. • In partnership with the HR Talent Development department, reputed company development, implementation, and monitor necessary training programs for reputed company and risk compliance liaisons to ensure they understand the Compliance Risk reputed company and their responsibilities reputed company the reputed company. Apply Job!