Principal Sponsor Bank Oversight and Governance

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The Principal, Sponsor Bank Oversight and Governance, is responsible for managing the end-to-end Sponsor Bank program and ensuring all processes adhere to established policies, standards, and procedures. Serving as the first line of defense, this role partners closely with Enterprise Risk Management and Relationship Management to design and maintain a robust governance framework. Key areas of focus include control reporting, risk and control assessments, partner due diligence, and continuous monitoring of Sponsor Bank activities to ensure compliance and operational integrity.

• Manage governance and oversight through control reporting, ongoing monitoring, risk and control testing, process mapping, and ensuring Sponsor Bank functions align with policies and regulatory guidance.
  
  - (30%)
• Build and maintain strategic relationships across teams and stakeholders, fostering collaboration and trust. Champion compliance with bank policies and regulatory standards. Communicate complex information clearly, influencing decisions to ensure transparency and alignment with organizational objectives.
  
  - (20%)
• Develop and maintain oversight monitoring, reporting, and critical documentation for consistency and review by key stakeholders and senior leadership.
  
  - (20%)
• Proactively assess and anticipate emerging risks within the Sponsor Bank program, leveraging data-driven insights to prioritize critical exposures. Design and implement comprehensive mitigation strategies aligned with organizational objectives and regulatory expectations and lead cross-functional execution to ensure timely resolution and long-term risk resilience.
  
  - (15%)
• Manage vendor due diligence during partner onboarding for the Sponsor Bank program.
  
  - (15%)

• High School Diploma or GED
• 12+ years of experience in Governance, Compliance, Consumer Lending, or Internal Audit.

• Bachelor’s Degree in Finance, Economics, Business Administration, Data & Analytics, Risk Management, Accounting or related field of study or equivalent, relevant work experience
• Certified Regulatory Compliance Manager (CRCM)
• Accredited Payments Risk Professional (APRP)
• 13+ years of experience in Governance, Compliance, Consumer Lending, or Internal Audit.
• 5+ years of direct leadership experience

• Strategic Planning
• Business Relationships
• Bank Regulations
• Consumer Regulations
• Data Reporting
• Problem Solving
• Consumer Regulations
• Regulatory Management

Reports To
: VP and above

Direct Reports
: 0

• Normal office environment. (Remote or Hybrid), 3 to 4 days per month are required in office if within 60 miles of a posted Bread Financial location.

• Ability to travel up to 5% annually

To perform this job successfully, an individual must be able to perform each essential job function satisfactorily and meet the physical, mental and work environment requirements. Reasonable accommodations may be made to enable qualified individuals with disabilities to perform essential job functions, absent undue hardship.

• Communicate/Hearing
• Communicate/Talking
• Reaching
• Standing
• Stationary Position/Seated
• Typing/Writing
• Maintain focus in high pressure or fast-paced work environment

This job description is illustrative of the types of duties typically performed by this job. It is not intended to be an exhaustive listing of each and every essential function of the job. Because job content may change from time to time, the Company reserves the right to add and/or delete essential functions from this job at any time.

$ - $

California: $ - $

Colorado: $ - $

New York: $ - $

Washington: $ - $

Maryland: $ - $

Washington DC: $ - $

Illinois: $ - $

New Jersey: $ - $

Vermont: $ - $

Ohio: $ - $

The actual base pay within this range may be dependent upon many factors, which may include, but are not limited to, work location, education, experience, and skills.

Bread Financial…