Senior Third Party Oversight Analyst

THIS POSITION IS ELIGIBLE FOR REMOTE WORK.

Summary:

The Oversight Analyst plays a key role in maintaining and enhancing the integrity of the bank’s cannabis third-party program. Supporting the Third-Party Oversight & Treasury Management Manager, this role is responsible for building and executing ongoing control monitoring for cannabis partners post-implementation. This includes ensuring operational consistency with contractual agreements, regulatory expectations, and risk management standards.

The Oversight Analyst brings strong cannabis banking experience and a deep understanding of third-party oversight, with the ability to design, implement, and adapt controls that support cross-functional accountability across both internal teams and external customers.

Job Duties:

I. Oversight & Risk Monitoring

· Support the development and execution of oversight strategies for cannabis banking partners, beginning post-implementation (after account opening).

· Create, document, and maintain control monitoring frameworks tailored to each partnership based on contractual obligations.

· Identify operational and compliance gaps and escalate concerns based on risk thresholds and frequency.

· Coordinate with internal stakeholders (e.g., Compliance, Treasury, Specialty Banking) to ensure cross-functional adherence to oversight protocols.

II. Daily Tasks

· Review daily cannabis partner data submissions and reporting metrics.

· Validate activity against agreed contractual KPIs and operational standards.

· Track and document exceptions, escalations, and real-time compliance indicators.

· Maintain a daily control checklist to ensure proper execution of oversight items.

III. Weekly Tasks

· Conduct data validation reviews and internal reconciliations.

· Prepare weekly performance reports highlighting trends, gaps, or concerns.

· Attend and document weekly meetings with internal stakeholders or external partners as needed.

· Monitor action items and ensure follow-through on pending issues or escalated items.

IV. Monthly Tasks

· Conduct comprehensive monthly audits of partner performance.

· Assist with the preparation of monthly oversight summaries and reporting packages for leadership.

· Recommend improvements to oversight procedures and controls based on partner performance data.

· Partner with other departments to ensure cross-impacting controls are implemented and executed consistently.

· Support audit-readiness by preparing documentation and compliance evidence.

V. Control Design & Management

· Define and implement tailored control environments per partner based on contractual requirements and product/service complexity.

· Distinguish between standard and custom controls based on risk exposure and service model.

· Collaborate with the Oversight Manager to ensure controls align with broader third-party governance strategies.

· Ensure oversight design accommodates partner-specific nuances while maintaining regulatory soundness.

· All other duties as assigned.

· Adheres to all Federal and State laws and regulations, including the Bank Secrecy Act.

Essential Functions:

· Use of hands or equivalent ability to complete required tasks.

· Vision or equivalent ability to complete required tasks.

· Strong communication skills and a positive attitude.

· Maintain positive relationship with third-party partners — phone and email communication are required.

Experience/Qualifications:

· 5+ years of experience in cannabis banking, third-party oversight, vendor risk management, or a related compliance/risk function.

· Strong working knowledge of cannabis industry regulations, financial services risk frameworks, and contract compliance.

· Proven ability to build, track, and report on control metrics and compliance monitoring.

· Excellent interpersonal, written, and verbal communication skills.

· Highly organized and capable of managing multiple oversight plans simultaneously.

· Experience working with proprietary platforms/software.

· Bachelor's degree in Business, Risk Management, Finance, or a related field.

· Experience collaborating across departments in highly regulated environments.

· Familiarity with BSA/AML, vendor due diligence, or financial crime risk in the cannabis space.

Reports to:

Third Party Oversight and Treasury Operations Manager

Supervises:

None

Dart Bank is a community bank, serving our community since 1925.  We specialize in providing financial services, but we are passionate about serving the community and building real relationships with people.  Dart Bank provides innovative financial services for both personal and business banking, consumer and mortgage loans, commercial loans and lines of credit, merchant credit card processing, investment services and more. Our array of products and services and our longstanding history within our communities shows we care about what matters most for our customers and we are there for them for the most important times in their lives.  Dart Bank. For What Matters Most.

 We offer:

Medical Benefits
Dental
Vision
401(K) Employee Stock Ownership Plan
Paid vacation & sick time
Flexible scheduling
Employee Assistance Program
Dart Bank University
 

At Dart Bank you can expect to be surrounded by a team that will support you and invest in your growth in a quick-paced work environment where we deliver exceptional customer service.  We are a local business that cares about our employees and our community.

Dart Bank is committed to providing equal opportunity in employment, maintaining a diverse workforce, and prohibiting all forms of unlawful discrimination and harassment. 

All employment decisions, policies, and practices, in terms of the recruitment process and other conditions and privileges of employment, will comply with applicable federal, state, and local anti-discrimination laws.  The Company seeks, employs, promotes, and compensates qualified individuals based on ability, as demonstrated by performance and other legitimate non-discriminatory factors, without regard to race, color, religion, national origin, citizenship, ancestry, sex (including sexual orientation, gender expression, and gender identity), age, physical or mental disability, pregnancy, genetic information, military status, veteran status, or any other protected status under federal, state (in Michigan: marital status, familial status, height, weight, and misdemeanor arrest record), or local law (individually and collectively, “Protected Class”).