What are the responsibilities and job description for the VP Compliance Strategy & Process Automation (Hybrid) position at Bancorp Bank, The?
Overview
***This position is available as a hybrid position in our Sioux Falls, SD office.***
The Vice President, Compliance Strategy & Process Automation is a senior individual contributor responsible for architecting and executing The Bancorp’s enterprise compliance transformation strategy. This role serves as the principal designer of compliance operating model optimization, regulatory traceability, control automation, and data-driven risk monitoring across the Bank’s lending, payments, fintech partnership, and deposit verticals. Given The Bancorp’s sponsor bank structure and embedded fintech relationships, this role ensures that regulatory obligations (FDIC, CFPB, FinCEN, OCC guidance as applicable, state regulators) are translated into scalable controls, automated workflows, and real-time monitoring capabilities across first- and second-line functions. This is not a people-management role. It is a strategic execution role requiring deep regulatory fluency, systems thinking, and the ability to drive cross-functional change across Compliance, Risk, Technology, Operations, and Fintech Partnership teams.
Responsibilities
Essential Functions
Qualifications
Education/Experience Requirements
- Bachelor’s degree in Finance, Risk Management, Information Systems, Business-related field or an equivalent combination of training and experience.
- 10 years of experience in banking compliance, regulatory risk, or GRC transformation.
- Demonstrated experience within:
- FDIC-regulated bank or sponsor bank model.
- Fintech partnership oversight and third-party compliance governance.
- Strong working knowledge of:
- Consumer compliance (UDAAP, Reg E, Reg Z, Reg DD, etc.)
- Fair lending principles
- Third-party risk management expectations
- Experience implementing or optimizing GRC platforms and compliance workflow tools.
- Proven track record of leading cross-functional transformation initiatives without direct authority.
Preferred Qualifications
- CRCM, CISA, or similar certification.
- Experience with payments, prepaid, Banking as a Service (“BaaS”) and/or embedded finance models.
- Exposure to regulatory exam management in high-growth banking environments.
- Working knowledge of SQL, BI tools (Power BI, Tableau), or process automation technologies.
- Systems-level strategic thinking with the ability to interpret regulatory requirements and translate them into operational processes, controls, and scalable solutions.
- Executive-level communication with strong analytical rigor and data fluency; ability to influence without authority and lead change within regulated environments.
Additional Information
This job will be open and accepting applications for a minimum of five days from the date it was posted.
Working at The Bancorp Bank, N.A. and Benefits Information: https://thebancorp.com/company/join-our-team/
Company Culture & Background Screening
Company Culture at The Bancorp Bank: https://www.thebancorp.com/company/company-culture/
The Bancorp Bank, N.A. is an EQUAL OPPORTUNITY EMPLOYER and will not discriminate on the basis of race, color, religion, gender, gender identity, sexual orientation, pregnancy, citizenship, national origin, age, disability, genetic information, veteran status or other protected category with respect to recruitment, hiring, training, promotion, and other terms and conditions of employment.
Employment with The Bancorp Bank, N.A. includes successfully passing a background check including credit, criminal, education, employment, OFAC, and social media background history.
#LI-CB1
#LI-Hybrid