Strategic Partnerships Compliance Testing Analyst

Please Note: This is a Utah-based hybrid position, which will require some regular in-office days each week. Additionally, employment with Medallion Bank is contingent on passing both a background check and maintaining a clean background.

Who we are: 

At Medallion Bank we finance fun! We are an industrial loan bank that specializes in providing consumer loans for the purchase of recreational vehicles, boats, home improvement, and offering loan origination services to fintech partners. We work directly with thousands of dealers, contractors and financial service providers serving their customers throughout the United States. Medallion Bank is a small company with a big impact. We recognize our employees as our greatest asset and have a culture to prove it! 

How You Will Support the Team:

Responsible for supporting the Bank’s oversight of consumer and small business lending programs by performing assigned compliance and credit testing activities under established programs and guidance. Develops foundational knowledge of consumer lending regulations, credit processes, and testing methodologies.

What We Are Looking For:

• Perform routine compliance and credit testing assignments using established testing programs and procedures.
• Review loan files, marketing materials, disclosures, complaints, and operations processes for compliance with regulations and Bank requirements.
• Document resting results, exceptions, and observations in workpapers.
• Assist in preparing testing reports and management summaries.
• Track and validate corrective action items under supervision.
• Maintain organized testing documentation.
• Research regulatory requirements and participate in team training.
• Provide support to the Compliance and SP team for other compliance-related projects and initiatives of SP programs.
• Escalate potential concerns to senior team members.
• Perform any other duties needed to help support and work consistently with the Bank’s values, mission, and goals.

You would be a GREAT fit with these skills:

• Basic knowledge of federal laws and regulations applicable to consumer (and small business, where applicable) lending, including but not limited to BSA, UDAAP, ECOA, Fair Lending, TILA, FCRA, FACTA, Privacy, SCRA, MLA, E-SIGN, FDCPA, TCPA, CAN-SPAM, and EFTA.
• Knowledge in credit lifecycle processes including application processing, underwriting, loan structuring, income verification, manual overrides, and exception management.
• Understanding of lending documents including promissory notes, security agreements, and credit risk assessments.
• Ability to understand and test compliance with federal statutory and regulatory requirements, following established checklists and testing programs.
• Ability to handle a fast-paced environment following established methodologies and procedures.
• Ability to communicate quickly and respond effectively to feedback.
• Ability to interface effectively with Bank and SP management.
• Excellent written and verbal communication and interpersonal skills.
• Ability to use Microsoft Outlook, Word, Excel, and PowerPoint.
• Self-motivated and hard working. Must be able to handle multiple duties simultaneously, meet deadlines, think critically, and solve problems.

 Preferred Level of Experience:

• High school diploma or equivalent required.
• College degree preferred. May be substituted with at least 3-4 years of related experience or the equivalent combination of education training and experience which provides the required knowledge, skills, and abilities.
• Minimum of one year of regulatory compliance and credit testing or related field experience.
• Banking or SP lending experience preferred, as an employee either of a bank or a non-bank lender.

Physical Demands and Requirements:

• Work is performed in a professional office environment, including a private office, cubicle workspace, or approved home office setting that supports the effective and secure performance of job duties.
• A hybrid work schedule may be permitted and must include a minimum of three (3) days per week in the office, subject to business needs and management approval.
• Frequent use of a computer, telephone, and standard office equipment for extended periods.
• Regular sitting, speaking, hearing, and viewing computer screens; occasional standing, walking, bending, reaching, and lifting of materials weighing up to 20 pounds may be required.
• Additional hours may be required periodically to support business needs, client events, business development activities, strategic initiatives, or time-sensitive projects.

Special Requirements:

• Must successfully pass a pre-employment background check and maintain eligibility for continued employment.
• Must comply with all Bank policies, procedures, and applicable regulatory requirements.
• Must maintain professionalism, discretion, and confidentiality when handling customer, employee, and business information.
• Must be authorized to work in the United States without current or future sponsorship requirements.

What’s in it for YOU?

• Comprehensive benefits including medical, dental, vision, disability, and life insurance
• 401K with a company match
• PTO including 11 paid holidays, vacation time and sick time
• Financial Wellness Program
• Volunteer Opportunities
• Awesome company culture and co-workers who love to work here!
• Work Life Balance – We don’t use that term lightly!
• Company Wide Open Door Policy