Compliance Associate – Monitoring & Testing

This is a fully remote position, open to applicants in United States.

📋 Description

• Conduct second-line monitoring and testing in accordance with relevant state and federal regulations as part of the Compliance Management System.

• Evaluate compliance risk through comprehensive analysis of accounts, policies, procedures, marketing materials, complaints, reports, and other relevant documents.

• Support data collection, file management, and other materials necessary for monitoring and testing activities.

• Collaborate with various business departments and team members throughout the planning, execution, reporting, and follow-up stages.

• Review materials, document findings, provide recommendations, and secure necessary approvals when needed.

• Partner with the Issues Management Team to ensure proper documentation of issues.

• Aid in drafting clear reports for business and management to enhance compliance controls and reduce risks.

• Assist senior leaders and managers in improving processes related to the Monitoring and Testing Program.

• Observe business changes to refine testing processes.

• Keep abreast of regulatory changes and adjust testing procedures accordingly.

• Report directly to the Compliance Director.

⛳️ Requirements

• A minimum of three years of experience in regulatory compliance or state regulatory oversight with a concentration in consumer lending.

• Knowledge gained through practical experience or education, such as a paralegal certification, JD, or Certified Regulatory Compliance Manager (CRCM) certification.

• Proven experience in designing or implementing a compliance monitoring and testing program.

• Relevant knowledge of consumer financial regulations, including TILA, ECOA, FCRA, UDAAP, SCRA, EFTA, TCPA, CAN-SPAM, E-SIGN, GLBA, and FDCPA.

• Strong ability to conduct root cause analysis.

• Capability to learn and understand technological infrastructure adequately to facilitate root cause analysis.

• Familiarity with data queries and proficiency in SQL.

• Experience with data tools such as Snowflake and Tableau is advantageous.

🏝️ Benefits

• Performance-based bonuses.

• Equity grants.

• Flexible, remote work environment.

• 401(k) matching program.

• Generous paid time off.

• Medical coverage.

• Dental coverage.

• Vision coverage.

• Tuition reimbursement.

• DoorDash DashPass.

• Figo pet insurance.

• Rocket Lawyer.

• Access to LinkedIn Learning.

• Fringe lifestyle benefits platform with rewards from vendors such as Uber, DoorDash, and UrbanSitter.