Senior Risk & Controls Analyst – BaaS FinTech

Coastal Community Bank; United States; Remote; USD 83,000 - 90,000; Full time

Benefits offered by this job

Medical Coverage

Health Savings Account (HSA)

Flexible Spending Accounts (FSA)

Dental and Vision Insurance

Life Insurance

401(k) Retirement Plan

Paid Time Off

Holidays

Job summary

Coastal Community Bank invites a Risk & Control Analyst III to lead and support oversight of Fintech Partner audits within the BaaS program. You will assist with risk assessments, scoping, scheduling, and remediation tracking across internal SMEs and external auditors.

Collaborate to ensure audits meet program requirements and stay aligned with BSA, FFIEC, and other regulations. Budgeted salary reflects seniority and regulatory focus, with scope for impactful process improvements.

Qualifications

• Knowledge and understanding of FinTech with a strong technical background.
• Communicates with impact, able to state risks and issues concisely and articulates impact in a structured manner both verbally and written.
• Understanding of regulatory compliance and FFIEC requirements is desired.
• Strong analytical skills necessary to review audit programs, work papers, and reports to determine adequacy.
• Ability to effectively present information and respond to questions from management and employees.
• Ability to organize and prioritize multiple projects while meeting deadlines with minimal direct supervision.
• Attention to detail and accuracy a must.
• Cooperative and professional attitude.
• Ability to effectively present information and respond to questions from management, affected departments and our BaaS Partners.

Responsibilities

• Assist in developing processes to enhance BaaS Risk & Controls Program.
• Assist in creating and maintaining Partner Audit Risk assessments, focusing on key risks of the Partner and BaaS services.
• Facilitate Partner audits with external audit firms, Fintech Partners and Internal Audit, as needed.
• Coordinate scheduling Partner audits with audit firms and Fintech partners to ensure timely engagement and completion.
• Partner with internal Subject Matter Experts to ensure Partner Audits address key risk to the BaaS program.
• Assist in evaluating and updating Partner audit scopes for all required audits including BSA, General Compliance, IT General Controls, IT Security Assessments, Deposit and Lending Compliance, and Operational audits.
• Assist in reviewing Partner engagement letters and audit reports to ensure scoping requirements were met and properly tested.
• Assist in reviewing audit findings and remediation plans to ensure key risks are addressed timely and appropriately.
• Assist in analysis of audit risk trends across all Partners to identify improvement opportunities to the CCBX program.
• Coordinate and assist in oversight audits, tracking any findings to remediation.
• Assist in training department staff to further their skills and expertise.
• Maintain proficient knowledge of the rules and regulations incl. BSA, USA Patriot Act, OFAC, Regulation E, Truth in Savings Act and UDAAP, Truth in Lending, EOCPA.

Skills

FinTech knowledge

Clear communication

Regulatory compliance

Analytical skills

Presentation skills

Prioritization

Attention to detail

Team player

Stakeholder management

Education

Bachelor’s degree and 5+ years’ banking audit/IT risk

Job description

Coastal Community Bank invites a Risk & Control Analyst III to lead and support oversight of Fintech Partner audits within the BaaS program. You will assist with risk assessments, scoping, scheduling, and remediation tracking across internal SMEs and external auditors.

Collaborate to ensure audits meet program requirements and stay aligned with BSA, FFIEC, and other regulations. Budgeted salary reflects seniority and regulatory focus, with scope for impactful process improvements.