Manager, Regulatory Compliance and Testing

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

📋 Description

• Develop, implement, and consistently enhance Real Wallet’s Strategic Compliance Monitoring & Testing Framework.

• Align regulatory requirements with business operations, products, and controls.

• Perform risk assessments and create risk-based monitoring and testing plans.

• Collaborate with business teams to pinpoint emerging compliance risks and offer daily guidance.

• Design, develop, and carry out risk-based compliance testing.

• Utilize AI and intelligent tools to advance compliance monitoring and testing.

• Audit automated disclosure logic and credit decision notifications for compliance with state and federal commercial lending regulations.

• Analyze marketing materials and customer complaint trends for UDAAP/UDAP and other regulatory risks.

• Create system frameworks and reporting workflows for new regulatory requirements.

• Document findings, evaluate control effectiveness, identify root causes, suggest corrective actions, and monitor remediation progress.

• Keep track of regulatory changes and incorporate them into compliance processes, controls, and testing requirements.

• Report results and emerging risks to Compliance leadership and business partners.

⛳️ Requirements

• A Bachelor’s degree in Business, Finance, Legal Studies, Compliance, or a related discipline is required.

• Over 6 years of experience in regulatory compliance, compliance testing, or auditing within the fintech, lending, banking, or financial services sector.

• Proven experience in independently creating and executing compliance monitoring and testing programs in a lending, fintech, banking, or other regulated financial services setting is essential.

• In-depth knowledge of U.S. small business lending and state-licensed lending regulations.

• Familiarity with ECOA (Regulation B), UDAAP/UDAP, KYC, AML, OFAC, SCRA, CAN-SPAM, and state-specific disclosure requirements.

• Experience in independently developing, implementing, and executing risk-based compliance monitoring and testing initiatives.

• Capability to leverage AI and other intelligent tools to formulate, enhance, or optimize compliance testing frameworks, methodologies, or workflows.

• Strong analytical and problem-solving abilities.

• Excellent written and verbal communication skills.

• Ability to work autonomously, manage multiple priorities, and adjust to changing business and regulatory landscapes.

• Candidates must be located in the U.S. to be eligible.

• Capacity to sit for prolonged periods.

🏝️ Benefits

• Bonus.

• Health benefits.

• Life insurance.

• Flexible PTO.

• 401k.