Deputy Compliance Officer

About Us:

Piermont Bank is a boutique specialty commercial bank focused on serving modern businesses with a digital first approach. As the first cloud native bank launched in the United States, Piermont was built on modern infrastructure that allows us to operate with greater flexibility, efficiency, and scalability than traditional banks.

We combine disciplined commercial banking with innovative technology to deliver value added solutions for small and medium-sized businesses and our fintech partners. Our team is dedicated to thoughtful risk management, strong client relationships, and building a bank designed for the future of financial services.

The Role:

The Deputy Compliance Officer is a highly visible, high-impact role responsible for helping shape and scale Piermont’s compliance program within a rapidly evolving regulatory and fintech environment. Working closely with senior leadership, this individual will act as a key operator and thought partner, balancing strategic oversight with hands-on execution across the Bank and its Embedded Banking partnerships. This position offers a strong compliance professional the opportunity to step into a true number-two role within a growing program, gain meaningful exposure to regulators, examinations, and executive leadership, and build and refine compliance infrastructure within a modern, fintech-forward bank.

Responsibilities:

• Support the design, evolution, and ongoing enhancement of the Bank’s consumer compliance framework, including policies, controls, and governance structures.
• Drive the execution of risk-based monitoring, testing, and oversight across the organization.
• Partner with senior stakeholders to ensure compliance is proactively embedded in business strategy and product development.
• Lead compliance coverage for fintech partnerships, including onboarding, governance, and ongoing monitoring.
• Evaluate emerging risks associated with embedded finance and third-party relationships.
• Act as a critical control point in ensuring alignment with regulatory expectations across partner programs.
• Play a central role in regulatory examinations, audits, and inquiries.
• Coordinate the preparation of materials, responses, and remediation plans.
• Support the management of findings, MRAs, and issue resolution with a focus on quality and timeliness.
• Serve as a trusted compliance advisor to business leaders, providing practical, solutions-oriented guidance.
• Review and advise on customer-facing materials, product structures, and new initiatives.
• Help shape a culture of accountability, transparency, and sound risk management.
• Contribute to annual risk assessments and monitoring plans across lending, deposits, and fintech activities.
• Support the evolution of complaints management, training, and compliance reporting.
• Lead or support strategic initiatives, including systems, tooling, and process improvements.
• Contribute to annual risk assessments and monitoring plans across lending, deposits, and fintech activities.
• Support the evolution of complaints management, training, and compliance reporting.
• Lead or support strategic initiatives, including systems, tooling, and process improvements.

Qualifications:

• Bachelor’s degree required.
• 7–12 years of progressive compliance experience within a regulated financial institution
• Strong working knowledge of consumer compliance regulations (e.g., Reg E, Reg Z, UDAAP, etc.).
• Demonstrated experience supporting or leading regulatory exams and regulator interaction.
• Experience in or exposure to fintech, embedded finance, or BaaS models strongly preferred.

The hiring range for this position is $140,000 to $175,000 per year. The base pay actually offered will take into account internal equity and also may vary depending on the candidate’s job-related knowledge, skills, and experience, among other factors. A bonus and/or incentives may be provided as part of the compensation package, in addition to the full range of medical, dental, vision, 401k, and other benefits.

Piermont Bank is an equal-opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. We do not discriminate based upon race, religion, color, national origin, political affiliation, gender (including pregnancy, childbirth, or related medical conditions), sexual orientation, gender identity, gend Regulatory Compliance Officerer expression, age, status as a protected veteran, status as an individual with a disability or other applicable legally protected characteristics.