Fintech Risk Analyst

This is a fully remote position, open to applicants in New York.

📋 Description

• Reporting to the Director of Fintech Risk, we are looking for a driven Fintech Risk Analyst who will help foster and uphold a robust risk management culture while collaborating with both existing and potential Fintech partners and business leaders throughout the organization.

• Act as an individual contributor within the Bank’s BaaS portfolio to efficiently identify, manage, and address risks.

• Engage in continuous collaboration with various teams, including BSA, Embedded Finance, Operations, and Product, as well as external third-party banking technology platforms.

• Conduct due diligence risk assessments on potential fintech partners to evaluate inherent risk, control effectiveness, and residual risks tied to partnerships. Present risk assessment findings to senior management for review and approval before onboarding.

• Monitor pre and post-launch risk and compliance requirements for newly onboarded partners.

• Perform ongoing testing, monitoring, and quality assurance activities for onboarded partners to ensure compliance with Bank policy and regulatory standards. Track identified issues until resolved.

• Act as the primary risk/compliance liaison for specific fintech partners, providing expert guidance and direction to ensure their programs adhere to applicable regulations and align with Bank requirements, particularly those related to financial crimes (BSA/AML, OFAC, fraud) and regulatory compliance (account opening, account maintenance and disclosures, bank statements, funds availability, etc.).

• Assist in maintaining a prioritized roadmap to address deficiencies and enhance control design and testing practices.

• Participate in relevant team and cross-functional meetings as needed.

⛳️ Requirements

• Minimum of 3-5 years of experience in banking or fintech risk management and compliance.

• Proven experience with financial crimes compliance (BSA/AML, OFAC watchlists and sanctions).

• Working knowledge in key banking compliance areas, including UDAAP, payment network rules (NACHA, VISA/Mastercard, FedNow/TCH RTP), core commercial or consumer compliance regulations (e.g., Reg E, Reg Z, Reg DD, Reg CC, ECOA, FCRA), and/or data privacy regulations (GLBA, FCRA, state laws).

• Experience in Third-Party Risk Management (TPRM) and associated interagency guidance (e.g., OCC, FDIC, FRB).

• Preferred proficiency in financial technology and payments.

• Strong critical thinking skills, including analytical, problem-solving, and decision-making abilities.

• Capability to develop and maintain reports, dashboards, and presentations is preferred.

• Strong team orientation and the ability to collaborate effectively.

• Capacity to think creatively and develop innovative solutions to emerging challenges.

• A Bachelor’s degree or equivalent relevant work experience.

🏝️ Benefits

• Comprehensive health benefits.

• Opportunities for professional development and career advancement.

• Flexible working arrangements.

• Generous paid time off policy.