Consumer Regulatory Compliance Consultant

Phaxis; New York (NY); On-site; USD 100,000 - 140,000; Full time

Job summary

Phaxis in New York is seeking a compliance-focused professional to perform due diligence on fintech partners across deposits, lending, and card issuance, ensuring consumer and regulatory compliance. You will analyze product proposals, disclosures, and marketing content to identify risks related to pricing, fees, and eligibility.

You will also review partner controls, assess risk management programs, and report gaps with traceable documentation, while coordinating with internal teams and external

Qualifications

• Comprehensive knowledge of U.S. banking products and associated compliance risks.
• Ability to identify and report compliance risks in product proposals and customer content.
• Understanding of risk assessment, monitoring, and third‑party oversight within a compliance program.

Responsibilities

• Conduct due diligence on fintech partners covering deposits, lending, and card issuance to ensure compliance.
• Analyze proposals and disclosures to spot pricing/fees/eligibility risks for consumers.
• Review partner controls and report gaps in design or implementation to onboarding teams.

Skills

US banking products

compliance risk identification

regulatory knowledge

communication skills

organization skills

Education

Bachelor's degree in business/finance/law

Job description

Responsibilities

Conduct due diligence on potential fintech partners in areas such as deposits, lending, and card issuance to ensure consumer and regulatory compliance. Analyze product proposals and customer-facing materials, including disclosures and marketing content, to identify compliance risks related to pricing, fees, and eligibility. Review operational controls of partners to identify and report any gaps in design or implementation. Assess the compliance program of partners, focusing on risk assessment, monitoring, third-party oversight, and training. Promptly report compliance risks to the onboarding team with detailed documentation for traceability. Communicate effectively with internal stakeholders and, when required, with external fintech partners, while managing multiple projects under tight deadlines.

Required Qualifications

Comprehensive knowledge of US banking products, such as deposits, lending, and card issuance. Proficiency in identifying and reporting compliance risks related to product proposals and customer content. Thorough understanding of compliance program elements, including risk assessment and monitoring. Expertise in consumer and commercial financial regulations, such as TILA/Regulation Z, ECOA/Regulation B, FCRA/Regulation V, and others. Strong communication skills for engaging with various stakeholders. Excellent organizational abilities.

Preferred Qualifications

Experience in environments like bank-fintech partnerships, sponsor banks, or banking-as-a-service, particularly in reviewing product launches and partner programs.

Education

Bachelor's degree in business, finance, law, or a related field.