Description:
Sponsored banking relationships sit at the heart of the modern fintech ecosystem. They allow innovative companies to offer financial products—like payments, lending, and deposits—without holding a banking license. But these partnerships also come with significant compliance responsibilities and shared risk exposure. This course breaks down how fintechs and banks can build, manage, and oversee sponsored relationships effectively.
Participants will learn how to structure compliance frameworks that satisfy regulators while enabling innovation. Using real-world examples and recent enforcement actions, we’ll explore what both sides—fintech and bank—must do to ensure a transparent, well-governed partnership. From defining oversight roles and managing ongoing monitoring to establishing audit readiness and escalation protocols, this course provides a practical roadmap to stronger, safer fintech–bank collaboration.
Who This Is Designed For:
Fintech compliance professionals, partner bank relationship managers, auditors, and risk officers who support or oversee sponsored banking programs. Ideal for professionals who want to understand the regulatory expectations and operational best practices driving modern fintech partnerships.
Agenda:
Understanding Sponsored Banking: Explore how fintech–bank partnerships are structured and why they’re central to financial innovation.
Oversight Responsibilities: Define ownership of compliance functions—who does what and where accountability lies.
Risk Management: Learn how to design control frameworks that address KYC, transaction monitoring, customer due diligence, and periodic audits.
Regulatory Scrutiny: Review OCC, FDIC, and CFPB expectations, including lessons learned from recent enforcement actions.
Governance and Communication: Develop clear escalation procedures, reporting channels, and transparency measures to support trust and compliance.
Third-Party Risk Management: Understand how fintechs fit within bank third-party oversight programs and what documentation regulators expect to see.
Audit Readiness: Learn how to prepare for examinations and internal reviews across both partners.
By the end of this course, you will know how to:
Define oversight and ownership roles within fintech–bank partnerships.
Build scalable risk management frameworks that align with bank and regulatory expectations.
Identify early warning signs of compliance gaps and risk exposure.
Respond effectively to examiner and audit inquiries.
Strengthening collaboration, communication, and transparency between fintech and bank partners.
Support responsible growth without compromising on compliance integrity.