Compliance Senior Associate

The role

The Compliance Senior Associate supports the execution and maintenance of the Bank's Compliance Management System. This person performs compliance monitoring, regulatory risk assessments, and oversight activities across products, services, and fintech partnerships.

What you will do

• Assist with execution of the annual Compliance Monitoring and Risk Assessment Plan.
• Perform compliance monitoring reviews and testing across deposit, lending, and operational business functions.
• Support compliance oversight activities related to Banking-as-a-Service (BaaS) and fintech partner programs.
• Review policies, procedures, disclosures, and operational processes to identify potential compliance risks.
• Assist with remediation tracking, issue validation testing, and follow-up activities related to audits and examinations.
• Support the intake, tracking, and resolution of consumer complaints and regulatory inquiries.
• Maintain compliance documentation, testing workpapers, and management reporting.
• Research regulatory requirements and assist in providing compliance guidance to business partners.
• Support compliance training initiatives and awareness programs across the Bank.
• Escalate identified compliance concerns, control gaps, and regulatory risks to the Compliance Officer.

Required qualifications

• Bachelor's degree in Business, Finance, Risk Management, Legal Studies, or a related field.
• 3-5 years of compliance, audit, risk management, banking operations, or related financial services experience.
• Strong analytical, organizational, and problem-solving skills.
• Excellent written and verbal communication skills.
• High attention to detail with the ability to manage multiple priorities in a fast-paced environment.
• Ability to work independently and collaboratively across departments.
• Proficiency with Microsoft Office applications, including Excel, Word, and PowerPoint.
• Demonstrated professionalism, integrity, and sound judgment.

Nice to have

• Banking, fintech, or financial services experience preferred.
• Experience with compliance monitoring, testing, quality assurance reviews, or regulatory compliance activities preferred.
• Working knowledge of banking regulations and consumer protection requirements such as Regulation E, Regulation DD, UDAAP, and related regulatory guidance is preferred.
• Familiarity with Compliance Management Systems (CMS) and regulatory examination processes is a plus.

Benefits

• medical
• dental
• vision
• 401k
• other benefits

About the company

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. It is the first cloud native bank launched in the United States.