Compliance Senior Manager

Job Description

As the world works and lives faster, FIS is leading the way.  Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?

About the role:

Responsible for managing regulatory compliance activities through individual contribution and/or leading subordinates to ensure the achievement of annual objectives. Establishes operational objectives and work plans

About the team:  
ChexSystems Compliance is responsible for operating the Compliance Management System that oversees the operations of Chex Systems, Inc. a Nationwide Specialty Consumer Reporting Agency as defined by the federal Fair Credit Reporting Act (FCRA). Our team is responsible for ensuring ChexSystems, as a regulated entity maintains compliance with applicable laws and regulations through appropriate controls that mitigate risk while supporting the provision of information and data services to clients and consumers.  

What you will be doing:

• Monitors and communicates regulatory changes that impact FIS products, services and business activities.
• Establishes operational objectives and work plans.
• Develops, modifies and executes company policies that affect immediate operations.
• Oversees development and implementation of compliance program policies and standards as well as addressing other required regulatory policies.
• Responds to issues and matters pertaining to regulatory compliance of FIS products, services and business activities.
• Performs periodic reviews and evaluations of FIS products, services and business activities to validate compliance with applicable laws and regulations or detect regulatory violations, weak controls or other potential areas of exposure.
• Assists in providing final disposition of any discrepancies regarding compliance issues.
• Ensures strategic objectives of the Compliance & Ethics Program are met, including execution of risk assessment activities, coordination of risk response and program testing and validation.
• Identifies key business processes, performs evaluations of risk, assesses the effectiveness of controls and promotes improvement across the organization through the deployment of risk response activities.
• Designs and deploys processes to validate FIS products, services and business activities meet all applicable regulatory requirements.
• Participates in corporate development of methods, techniques and evaluation criteria for projects, programs and people.
• Creates and delivers training to other business areas to increase compliance awareness.
• Develops and motivates staff.
• Ensures budgets and schedules meet corporate requirements.
• Maintains knowledge of applicable laws and regulations.
• Offers guidance on implementing regulatory changes.
• Communicates detailed requirements to line of business, validate solution approach and monitor status.
• Provides compliance reviews and direction for new and expanding products and services.
• Conducts compliance assessments and provides direction on any deficiencies detected by those assessments.
• Meets with business unit Compliance Officers on a regular basis for status updates on compliance issues.
• Monitors line of business compliance activities to verify that regulatory compliance deadlines and requirements are met.
• Participates in training promoting compliance awareness.
• Identifies areas of potential improvement.
• Provides updates for periodic reports.
• Interfaces with legal counsel and federal, state, and local agencies, as needed to address regulatory or compliance issues, concerns or questions.
• Assists the business with responses to customer compliance-specific questions and concerns.
• Participates with and/or leads customer focus and advisory groups.
• Prepares and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.
• Other related duties assigned as needed.
 

What you will need:

Bachelor’s degree in business administration or law or the equivalent combination of education, training, or work experience.

• Communicates ideas both verbally and in written form in a clear, concise, and professional manner
• Comprehensive knowledge of at least one substantive area of compliance, such as banking regulations, anti-money laundering, or anti-corruption
• Excellent analytical skills
• Ability to understand technical documents and legal or regulatory reference materials
• Ability to understand and apply learned concepts
• Demonstrated ability to plan and complete work within tight time lim