Assurance Compliance Director

ABOUT US Coastal is at the forefront of modern banking, combining strong financial infrastructure with cutting-edge Banking-as-a-Service (BaaS) and fintech enablement strategies. We support not only individuals with their personal banking needs; we also empower businesses by integrating modern banking technology that drives growth, flexibility, and innovation. At Coastal, we think and move like entrepreneurs; focused on impact, speed, and continuous improvement. We believe in working smart, collaborating deeply, and building solutions that unlock real potential. If you're someone who thrives in a fast-moving environment, loves solving complex problems, and wants to help shape the future of banking, we’d love to meet you. Check out our video here https://www.youtube.com/watch?v=UCWaDxFnla8&ab_channel=CoastalCommunityBank! WHAT YOU’LL DO AT COASTAL The Compliance Assurance Director is responsible for supporting the Senior Compliance Director in maintaining a robust and effective compliance management system (CMS) at the Bank, leading a team and collaborating across the three lines of defense to establish risk awareness and culture that supports the identification, measurement, reporting and management of Compliance related opportunities and risks. Key responsibilities include developing and executing on compliance reviews, monitoring and testing for the purpose of independently validating and monitoring the adherence to federal and state regulations including, but not limited to, ECOA/Reg B, TILA/Reg Z, Reg E, Reg DD, FCRA, FACTA, SCRA, and UDAAP. ***Planning to hire in the first half of the pay range**** HOW YOU’LL DO IT - Support the Senior Compliance Director to develop, administer and monitor the implementation of a CMS that ensures the Bank’s compliance with all laws and regulations applicable to its operations and product offerings. - Responsible for developing, implementing, and reporting on the monitoring and testing compliance program across the Core Bank and Fintech Partners, to provide oversight of compliance with federal, state, agency, and regulatory requirements. - Assists in developing and maintaining a comprehensive assessment of compliance risks throughout the Bank’s operations. - Develop and maintaining annual calendar of scheduled compliance testing and monitoring activities, informed by appropriate risk assessments. - Evaluate identified issues, including conducting a root cause analysis, and recommendations to improve policies, procedures, potential efficiencies, and controls. Complete validation for completed issues. - Develop clear and concise reporting of the results of compliance programs and communicate to Board, Management, Business Units and Partners. - Manage a team of Compliance professionals. Responsible for hiring, coaching and development. - Research, analyze, draw conclusions related to all federal and state rules and regulations and their applicability to Core Ban and Fintech Partners products, services, and systems. - Serve as an in-house subject matter expert to provide compliance advice and guidance to relevant Core bank staff and Fintech Partners, while addressing any compliance questions. - Assist with internal/external audit, and regulatory examinations requests. - Follow and comply with all regulatory and compliance regulations. - Provide internal service in accordance with Coastal Core Values - Because we are a rapidly changing organization, there will be other duties as assigned. QUALIFICATIONS - Possess strong analytical and critical thinking skills, with the ability to gather, organize, and interpret data and/or information and formulate decisions based on observed activity. - Ability to manage multiple tasks/projects and deadlines simultaneously. - Excellent organization, time management, and project management skills. - Ability to operate independently to propose, recommend, and advise on achieving team objectives. - Excellent attention to detail to ensure timely and effective com…