ORS Partners

Regulatory Compliance Analyst

Job Locations US
Posted Date 1 month ago(7/8/2022 12:03 PM)
Client & Job Location : Postal Code
Job ID
# of Openings
Regular Full-Time


BMTX is seeking a motivated and results-driven Compliance Analyst to join the Compliance Monitoring and Testing Team within the Compliance business unit.  The role will report to the Compliance and Testing Manager who reports directly to the SVP/Compliance Director & Compliance Counsel.  The Compliance Analyst will execute on reviews of various bank products, services and related control processes in accordance with an established Monitoring & Testing Compliance Program.  Testing performed will focus on the risk and control environment supporting regulatory compliance with the key purpose of identifying any compliance violations as well as controls/processes that may need strengthening.


To be successful in this role you should possess the following abilities:


  • Ability to execute on planning and conducting of compliance monitoring and testing reviews of various areas of the company in accordance with an established Monitoring & Testing Program, procedures and schedule to provide an independent assessment of compliance with applicable laws and regulations.  Performance of compliance monitoring and testing will require the need to understand the existing control environment and assess the design and effectiveness of compliance controls within the company with a key purpose of identifying any compliance issues/gaps, violations and/or areas of enhancement.
  • Ability to assess business process and controls that exist to support compliance including the ability to review the adequacy of LOB procedures to ensure these are comprehensive in documenting the control environment to support regulatory compliance.
  • Ability to independently develop a test plan or enhance an existing plan to assess control effectiveness.
  • Timely delivery of well-developed and documented workpapers to support monitoring and testing review work, conclusions and reports.
  • Validate potential issues for factual accuracy.  Create well developed issues to document identified control weaknesses as well as development of well written recommendations to assist management in creating corrective action plans.
  • Interact effectively with line of business partners during the conduct of our reviews performing tasks such as but not limited to process walk throughs, identification and documentation of controls, vetting preliminary findings/issues, partnership on potential recommendations to control gaps. 
  • Participate in the process of documenting and executing on review reports.
  • Track and validate corrective action plan for reported issues.
  • Ability to work independently as well as collaboratively within the Compliance Monitoring & Testing Team which includes working on reviews led by a Senior Compliance Analyst or Manager.
  • Participate in process improvements for the Compliance Monitoring and Testing program and creation or maintenance of internal procedures.
  • Assist in the preparation of material required for regulatory exams and/or internal/external audits.
  • Perform and participate in ad-hoc projects and duties as needed including Risk Assessment work.  


Required Experience/ Qualifications:

BMTX will provide consideration for employment to qualified applicants without regard to their race, color, religion, national origin, sex/ gender, sexual orientation, gender identity, protected veteran status or disability.


  • A Bachelor’s degree in business, finance, or a related field or equivalent experience.
  • 1-3 years of financial/banking experience preferred in the area of compliance, compliance monitoring/testing, internal audit, or other banking areas such as operations, customer-facing area or equivalent. 
  • Knowledge of banking products, operations, systems and organization, especially in the area of deposits.
  • Solid understanding and working knowledge of banking regulations, preferably in the area of USA Patriot Act, BSA, OFAC, Privacy, Reg E, D, DD, CC and other deposit related banking rules and regulations.  Ability to comprehend and analyze banking laws and regulations.
  • Ability to foster positive relationships with individuals within the Compliance Department, LOB Partners including other risk partners such as internal audit, risk management, legal.
  • Strong oral, communication and writing skills.
  • Strong organizational and planning skills.
  • Ability to maintain a high degree of accuracy and attention to details in the conduct of reviews while also demonstrating analytical problem-solving skills.
  • Handle multiple reviews/tasks and deliverables simultaneously and the ability to prioritize assignments.
  • Self-motivated, ability to acquire new skills efficiently.
  • Proficient in Excel, Outlook, Word.
  • Open to learning existing and new technologies that must be leveraged in conjunction with the review work.


About BM Technologies, Inc. (BMTX):

BM Technologies, Inc. (NYSE: BMTX) is among the largest digital banking platforms in the U.S, providing access to checking and savings accounts, personal loans and credit cards. It began trading on the NYSE American on January 6, 2021 under the ticker symbols “BMTX” and “BMTX.W.” BMTX’s mission is to make banking affordable, effortless, and financially empowering for the millions of Americans who need it the most – the underbanked, millennials and working-class Americans. 


BMTX is the first digital banking platform in the U.S. to offer a completely fee-free banking experience and uses innovative mobile technology to make banking enjoyable and seamless. BMTX is also committed to making each of its customers feel financially empowered through education.


Through constant innovation, its white label/”Banking-as-a-Service” (BaaS) banking distribution model, and putting the customer experience above all else, BMTX is truly disrupting the banking space. Today, the BaaS platform is provided to colleges and universities and currently serves over two million account-holders, and provides disbursement services at 722 campuses (covering one out of every three students in the U.S.). BMTX also offers its Workplace Banking platform, a financial wellness service that offers innovative banking products and a robust banking app. Additionally, BMTX recently announced the execution of an agreement with Google to introduce digital bank accounts, which will be available to its customers, and has also expanded its white-label strategy with T-Mobile for the launch of T-Mobile MONEY.


BM Technologies, Inc. (BMTX) is a technology company and is not a bank and provides banking services through its partner banks. BMTX, Inc. is a wholly owned subsidiary of BM Technologies, Inc. BankMobile accounts are powered by BMTX and provided by Customers Bank. Member FDIC - Equal Housing Lender - All Rights Reserved


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