Compliance Senior Associate

Piermont-Bank; New York; On-site; USD 110,000 - 140,000; Full time

Benefits offered by this job

Healthcare benefits

401(k) plan

Dental & Vision coverage

Job summary

Piermont Bank is seeking a Compliance Senior Associate to support the Bank's CMS, monitoring, risk assessments, policy maintenance, and regulatory oversight across products and fintech partnerships. The role emphasizes detail orientation, analytical thinking, and a path to build a regulatory compliance career in a dynamic banking environment.

The position reports to the Compliance Officer and involves collaboration across departments, policy reviews, and handling inquiries and remediation

Qualifications

• Bachelor's degree in a related field.
• 3–5 years in compliance, audit, risk, banking ops or related financial services.
• Experience with regulatory requirements is preferred.
• Familiarity with CMS and regulatory examination processes is a plus.
• Strong analytical, organizational and communication skills.
• High attention to detail with ability to manage multiple priorities.

Responsibilities

• Assist with the annual Compliance Monitoring and Risk Assessment Plan.
• Perform compliance monitoring reviews and testing across deposits, lending, and operations.
• Support oversight of Banking-as-a-Service (BaaS) and fintech partner programs.
• Review policies, procedures, disclosures and processes to identify risks.
• Assist remediation tracking, issue validation and audit follow-up.
• Support intake, tracking and resolution of consumer complaints and regulatory inquiries.
• Maintain compliance documentation and reporting workpapers.
• Research regulatory requirements and provide guidance to partners.
• Support compliance training initiatives and awareness programs.
• Escalate identified compliance concerns to the Compliance Officer.

Skills

Attention to detail

Analytical skills

Organizational skills

Communication skills

Team collaboration

Education

Bachelor's degree in business/finance/risk

Tools

CMS familiarity

Excel

PowerPoint

Word

Job description

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks.

We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services.

The Role:

The Compliance Senior Associate reports directly to the Compliance Officer and supports the execution and maintenance of the Bank's Compliance Management System (CMS). This role assists with compliance monitoring, regulatory risk assessments, policy maintenance, issue remediation tracking, complaint management, and oversight activities across the Bank's products, services, and fintech partnerships. The ideal candidate is detail-oriented, analytical, and interested in building a career in regulatory compliance within a dynamic banking environment.

Responsibilities:

• 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.

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.
• 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.
• 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.

The hiring range for this position is $110,000 to $140,000 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s job-related knowledge, skills, and experience, among other factors. A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, dental, vision, 401k, and other benefits.

Piermont Bank is an Equal Opportunity Employer. We are committed to providing equal employment opportunities to all applicants and employees and to maintaining an inclusive workplace. Piermont Bank does not discriminate on the basis of race, color, religion, creed, national origin, ancestry, sex, pregnancy, childbirth or related medical conditions, sexual orientation, gender identity or expression, age, disability, genetic information, veteran or military status, or any other characteristic protected by applicable federal, state, or local law.