The VP, Digital Product Risk and Compliance role is responsible
for driving assurance activities to ensure that our digital product
suite and related policies, procedures and processes do not violate
applicable law / regulations and mitigate operational risk.
This position will identify emerging risks to ensure that proper
controls and processes have been established across all digital
services and teams.
Coordinates and engages internal resources and third
parties/vendors to resolve complex issues. Provides feedback to
project requirements to ensure scope is comprehensive and that work
is aligned with the short-term and long-term strategic plans of the
Provides direction to staff and product owners on compliance and
risk related procedures and internal/operational risk controls in
accordance with applicable regulatory standards, requirements, and
policies. Maintains oversight of assurance area activities
including but not limited to operational and enterprise risk,
audit, BSA and compliance. Acts in a liaison capacity between the
assurance functions and digital product management function to
ensure that work efforts are reasonable and provide value. Manages
multiple complex priorities or issues effectively and engages
Senior and Executive Management as necessary.
The incumbent will develop and adapt department frameworks for
evidence-based decision making and procedural oversight. The
incumbent will acts as primary liaison with Risk partners to manage
internal audits, compliance review and risk assessments.
These efforts include participating in new product development
and serve as an advocate for risk related issues and infusion of
risk mitigation controls that benefit the business and its
Essential Job Responsibilities:
• Providing credible risk focused feedback to the design,
development, delivery and maintenance of digital programs,
practices and functionality of the digital product suite.
• Supporting the Digital Product team in participating in
compliance reviews of new products, new services and the
digitization of existing customer engagement functionality.
• Follow / respond to industry changes that may impact policies
and procedures relating to digital risk and governance.
• Collaborating with other internal areas including Legal,
Compliance, Audit, Marketing, IT, Operations other Control
Functions to address issues which may impact the supported
functional business product.
• Assisting with regulatory inquiries and/or examinations.
• Researching any new reform rules and rule changes and the
response the banking industry is taking in order to recommend next
steps in regards to PUB digital processes and products.
• Ensure SOX controls and verifications are conducted and
implemented as required.
Adheres to compliance procedures and internal/operational risk
controls in accordance with any and all applicable regulatory
standards, requirements, and policies.
• 7-10 years relevant experience.
• Excellent communication skills, both written and verbal.
• Proven knowledge in digital compliance and regulations.