Compliance Officer- Fintech Services

Position

Position Title: Compliance Officer
- Fintech Services

Location: Maryland

Time Type: Full time

Req : JR1016-Maryland

At Midland, we’re proud to be a little different. With our heartfelt and personalized approach, we’re focused on meeting every customer’s needs with the brightest solutions. For more than 140 years, we’ve learned by serving customers skillfully with dedication and follow-through, and we strive to brighten every interaction to drive our collective success. We foster programs that empower our communities, invest in our employees, and pursue brighter futures for all.

We’re innovating and optimizing our services to ensure we stay unique - providing strength you can count on with heart you can feel.

Base salary is one component of our Total Rewards program. Exact compensation is determined by factors such as education, skills, internal equity, and experience. This position offers additional compensation in the form of short-term incentives (bonus and/or commission) and may include long-term incentives (stock awards). Benefits include comprehensive healthcare, well-being benefits, paid family leave, generous paid time off, banking perks, Employee Stock Purchase Plan, 401K with company match, and may include participation in a Non-Qualified Deferred Compensation plan.

Incentives and benefits are subject to eligibility requirements.

Salary Range: $100,000-$145,000

This role will be responsible for leading and overseeing the compliance efforts of third-party programs, including Banking-as-a-Service (BaaS, Fintech relationships), throughout the life cycle of the programs. The Compliance Officer-BaaS will report to the Fintech Services Manager and will advise the Director of Banking as a Service, Chief Compliance Officer and executive management on appropriate measures to ensure ongoing regulatory compliance as the Company responds to changing market conditions.

This is a leadership role that will also provide compliance expertise and guidance on bank-wide projects and initiatives, ensuring adherence to laws, regulations, and ethical standards.

• Manages a team of professionals in a customer-centric culture to excel in a fast-paced environment.
• Coaches, develops, and conducts performance management activities with direct and indirect reports.
• Identifies high-potential employees for advanced training and development opportunities.
• Effectively manages poor performers.

• Evaluates and monitors third-party vendor performance to ensure compliance with regulatory requirements, contractual obligations, bank, and industry standards.
• Evaluates contracts with vendors, emphasizing compliance aspects and risk management.
• Leads Fintech Partnership Oversight.
• Provides compliance expertise and guidance on bank-wide projects to include Fintech oversight and BaaS as well as new product and system offerings.
• Identifies and analyzes risks associated with new and existing Fintech Leads, third-parties, third-party products, product channels and significant changes in existing products are properly evaluated and adequately communicated.
• Ensures that Project Teams, Fintech Leads, and BaaS partners develop and apply policies and procedures with a view to meeting our standards of integrity, as well as federal, state and local legislation and regulations.
• Maintains policy and standards for consumer & commercial compliance across all Fintech partnerships.
• Advisory on Third-Party Compliance, advising on potential risks.
• Serves as the subject matter expert on compliance issues related to third-party relationships.
• Advises senior management on potential risks and mitigation strategies in the realm of third-party relationships.
• Collaborates with other departments to direct compliance issues to appropriate existing channels for investigation and resolution.
• Collaborates with other departments to develop and implement policies and procedures that ensure compliance with federal and state laws and regulations.

• Assists with CRA and Fair Lending data collection and analysis to ensure that third-party CRA and fair…