Position Type :

Full time

Type Of Hire :

Experienced (relevant combo of work and education)

Education Desired :

Bachelor of Business Administration

Travel Percentage :

5 - 10%

Job Description

As the world works and lives faster, FIS is leading the way. Our fintech solutions touch nearly every market, company and person on the planet. Our teams are inclusive and diverse. Our colleagues work together and celebrate together. If you want to advance the world of fintech, we’d like to ask you: Are you FIS?

About the role:

The Compliance Director directs and controls activities of a broad functional area and is responsible for managing enterprise wide regulatory compliance activities through individual contribution and/or leading subordinates to ensure the achievement of annual objectives.

About the team:

ChexSystems Compliance is responsible for operating the Compliance Management System that oversees the operations of Chex Systems, Inc. a Nationwide Specialty Consumer Reporting Agency as defined by the federal Fair Credit Reporting Act (FCRA). Our team is responsible for ensuring ChexSystems, as a regulated entity maintains compliance with applicable laws and regulations through appropriate controls that mitigate risk while supporting the provision of information and data services to clients and consumers.

What you will be doing:

• Monitors and communicates regulatory changes that impact FIS products, services and business activities.
• Establishes operational objectives and work plans.
• Develops, modifies and executes company policies that affect immediate operations.
• Oversees development and implementation of compliance program policies and standards as well as addressing other required regulatory policies.
• Responds to issues and matters pertaining to regulatory compliance of FIS products, services and business activities.
• Performs periodic reviews and evaluations of FIS products, services and business activities to validate compliance with applicable laws and regulations or detect regulatory violations, weak controls or other potential areas of exposure.
• Assists in providing final disposition of any discrepancies regarding compliance issues.
• Ensures strategic objectives of the Compliance & Ethics Program are met, including execution of risk assessment activities, coordination of risk response and program testing and validation.
• Identifies key business processes, performs evaluations of risk, assesses the effectiveness of controls and promotes improvement across the organization through the deployment of risk response activities.
• Designs and deploys processes to validate FIS products, services and business activities meet all applicable regulatory requirements.
• Participates in corporate development of methods, techniques and evaluation criteria for projects, programs and people.
• Creates and delivers training to other business areas to increase compliance awareness.
• Develops and motivates staff.
• Ensures budgets and schedules meet corporate requirements.
• Maintains knowledge of applicable laws and regulations.
• Offers guidance on implementing regulatory changes.
• Communicates detailed requirements to line of business, validate solution approach and monitor status.
• Provides compliance reviews and direction for new and expanding products and services.
• Conducts compliance assessments and provides direction on any deficiencies detected by those assessments.
• Meets with business unit Compliance Officers on a regular basis for status updates on compliance issues.
• Monitors line of business compliance activities to verify that regulatory compliance deadlines and requirements are met.
• Participates in training promoting compliance awareness.
• Identifies areas of potential improvement.
• Provides updates for periodic reports.
• Interfaces with legal counsel and federal, state, and local agencies, as needed to address regulatory or compliance issues, concerns or questions.
• Assists the business with responses to customer compliance-specific questions and concerns.
• Participates with and/or leads customer focus and advisory groups.
• Prepares and approves internal and customer communications covering compliance issues (bulletins, position statements, monthly reports, etc.

What you will need:

Bachelor’s degree in business administration or law or the equivalent combination of education, training, or work experience. Typically requires more than eight years of experience in banking or financial services compliance.

• Communicates ideas both verbally and in written form in a clear, concise, and professional manner
• Comprehensive knowledge of at least one substantive area of compliance, such as banking regulations, anti-money laundering, or anti-corruption
• Excellent analytical skills
• Ability to understand technical documents and legal or regulatory reference materials
• Ability to understand and apply learned concepts
• Demonstrated ability to plan and complete work within tight time limitations
• Ability to apply creative problem solving techniques and tools to compliance issues
• Ability to follow and conduct a compliance monitoring program
• Ability to provide information to a variety of audiences and deal effectively with confidential issues that are sensitive in nature
• Ability to share information with awareness of its effect on others

Added bonus if you have:

• Experience in establishing metrics and providing reporting to stakeholders.
• Proven experience participating in strategy and business plan development.

What we offer you:
At FIS, you can learn, grow and make an impact in your career. Our benefits include:

• Flexible and creative work environment
• Diverse and collaborative atmosphere
• Professional and personal development resources
• Opportunities to volunteer and support charities
• Competitive salary and benefits

FIS is committed to providing its employees with an exciting career opportunity and competitive compensation. The pay range for this full-time position is $160,480.00 - $269,610.00 and reflects the minimum and maximum target for new hire salaries for this position based on the posted role, level, and location. Within the range, actual individual starting pay is determined additional factors, including job-related skills, experience, and relevant education or training. Any changes in work location will also impact actual individual starting pay. Please consult with your recruiter about the specific salary range for your preferred location during the hiring process.

Privacy Statement

FIS is committed to protecting the privacy and security of all personal information that we process in order to provide services to our clients. For specific information on how FIS protects personal information online, please see the Online Privacy Notice.

EEOC Statement

FIS is an equal opportunity employer. We evaluate qualified applicants without regard to race, color, religion, sex, sexual orientation, gender identity, marital status, genetic information, national origin, disability, veteran status, and other protected characteristics. The EEO is the Law poster is available here supplement document available here

For positions located in the US, the following conditions apply. If you are made a conditional offer of employment, you will be required to undergo a drug test. ADA Disclaimer: In developing this job description care was taken to include all competencies needed to successfully perform in this position. However, for Americans with Disabilities Act (ADA) purposes, the essential functions of the job may or may not have been described for purposes of ADA reasonable accommodation. All reasonable accommodation requests will be reviewed and evaluated on a case-by-case basis.

Sourcing Model

Recruitment at FIS works primarily on a direct sourcing model; a relatively small portion of our hiring is through recruitment agencies. FIS does not accept resumes from recruitment agencies which are not on the preferred supplier list and is not responsible for any related fees for resumes submitted to job postings, our employees, or any other part of our company.

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