Risk Analyst

Risk Analyst – BaaS

About FNBL

First National Bank of Lacon (“FNBL”) is a community bank with a growing Banking-as-a-Service (BaaS) program. We partner with fintechs to deliver well-run, compliant financial products — and we’re looking for a Risk Analyst who can help keep that engine healthy.

The Role

As Risk Analyst, you’ll own the day-to-day risk and compliance work across our fintech partner programs. You’ll report directly to the Chief Fintech Officer and work hand-in-hand with partner compliance and BSA teams, internal audit, and our regulators. This is a hands-on role for someone who already understands sponsor bank life.

What You’ll Do

• Run compliance monitoring and testing across our BaaS partner programs (Reg E, Reg DD, Reg Z, UDAAP, FCRA, GLBA, FDIC Part 370, and more).
• Review partner marketing, disclosures, and app flows — including FDIC insurance representations — before they go live.
• Manage the complaints program across the portfolio: intake, root-cause, CFPB / state AG responses, and trend reporting.
• Support BSA/AML, OFAC, and CIP/CDD oversight, including SAR drafting, EDD reviews, and back-testing partner transaction monitoring.
• Lead partner-level risk assessments and ongoing oversight aligned to the 2023 Interagency Guidance on Third-Party Relationships.
• Review partner SOC reports, financials, and policies; track issues and remediation to closure.
• Coordinate change-control reviews of new partner products and features before launch.
• Prepare reports for the Chief Fintech Officer, management committees, and the Board.

What You Bring

• 3–5 years in risk, compliance, BSA/AML, audit, or third-party management at a financial institution, fintech, or regulator.
• Experience with bank-fintech partnerships, third-party program oversight, or a sponsor bank / BaaS model (any combination).
• Strong working knowledge of FDIC, FinCEN, CFPB, FFIEC, and the 2023 Interagency Third-Party Guidance.
• Sharp analytical and writing skills — the kind that hold up in front of examiners.
• Ability to work a hybrid schedule from Las Vegas, NV and collaborate across time zones with fintech partners and FNBL’s Lacon, IL headquarters.
• Bachelor’s degree or equivalent experience.

Nice to Have

• Direct, hands-on experience at a BaaS sponsor bank, middleware provider, or fintech program manager.
• Familiarity with FBO / ledger account structures, Reg E error resolution at scale, prepaid / debit programs, ACH origination through partners, or fintech lending.
• CRCM, CAMS, CERP, CFE, or CIA certification (or in progress).
• Comfort with Excel, SQL, Power BI, or Looker for complaint and transaction-monitoring analysis.

What We Offer

• Salary range of $70,000 – $80,000 annually, based on experience.
• Hybrid work model based out of our Las Vegas, NV office, with ~10% travel to FNBL HQ in Lacon, IL, partners, and industry events.
• Direct reporting line to the Chief Fintech Officer with high visibility into the BaaS program.
• Comprehensive benefits, including medical, dental, vision, 401(k), and paid time off.

How to Apply

Submit your resume and a brief note about your sponsor-bank or fintech experience. We review applications on a rolling basis.

First National Bank of Lacon is an Equal Opportunity Employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration without regard to race, color, religion, national origin, sex, sexual orientation, gender identity, age, disability, veteran status, or any other protected characteristic.