Compliance Oversight Analyst
Unit
This job is no longer accepting applications
See open jobs at Unit.See open jobs similar to "Compliance Oversight Analyst" TLV Partners.ABOUT UNIT
Unit is building the platform to power the next generation of financial services. Our mission is to help companies expand financial access for all. Our simple and powerful banking-as-a-service API helps companies launch bank accounts, cards, payments, and lending in weeks - not years.
Unit was founded by a team with deep fintech and financial services experience and the first banking-as-a-service platform to reach unicorn status. We have raised over $169 million to date from top investors including Insight Partners, Accel, Better Tomorrow Ventures, Aleph, and Flourish and serve 140+ customers including AngelList, Honeybook, Roofstock, and many more.
THE ROLE
We are looking for someone to join the Compliance Oversight Team. This position will be responsible for performing second-line compliance monitoring and testing activities, as well as, supporting other second-line compliance oversight activies. This is an individual contributor role with the opportunity to assist with general second-line compliance oversight activities including updating and performing compliance risk assessments, coordinating and managing external audits and reviews. The position reports to the Director of Compliance Oversight.
The ideal candidate for this role will have experience in:
Subject matter experience with deposit regulations such as: Regulation E, Regulation DD, Regulation CC, UDAAP & FDIC Marketing Rules.
Performance of compliance audits, transactional testing (specifically, Regulation E), and drafting reports.
Performance of compliance risk assessments and gap analysis.
Data analysis.
In addition, we are looking for someone who is mission-driven, detail-oriented, innovative and enthusiastic. We value curiosity and quick learners. Our company is growing fast and we’re looking for someone who wants to grow with us. We are a team of experienced founders and builders at heart, backed by top VCs and 40+ top fintech angels. For the right candidate, this is a rare opportunity to build an industry-defining company from the ground up.
The position is based in New York, NY or Washington, D.C. but we are open to exploring remote work with outstanding candidates.
Key Responsibilities
Executing and reporting on compliance testing for both deposit and lending products according to the approved monitoring and testing schedule.
Responsible for monitoring and reporting on the completion of action plans for issues identified in monitoring activities. Maintain proficient knowledge of consumer protection rules and regulations and their impact on products, services, and operations for a variety of deposit and credit products.
Assist in responding to external compliance audits and reviews.
Maintain proficient knowledge of consumer protection rules and regulations and their impact on products, services, and operations for a variety of deposit and credit products.
WHAT WE’RE LOOKING FOR
3-4 years combined experience in Bank Consumer Regulatory Compliance, Audit, or Risk Management.
Experience across fintech, Banking as a Service, and traditional financial institutions.
Proven expertise with consumer protection regulations and laws and the internal controls needed to mitigate those risks. Experience in both lending and deposits regulations required.
Experience performing audits, transactional testing, and drafting reports.
Experience in performing compliance risk assessments.
BA/BS or equivalent experience preferred
COMPENSATION
The base salary for this role is expected to be $80,000 - $100,000 per year. In addition, employees at Unit can expect generous benefits and may be eligible for equity and/or variable compensation. The final offer will be determined by factors including experience level, expertise, and geographic location.
LIFE AT UNIT
Working at Unit means joining a global team on a mission to create a more equitable financial ecosystem.
We’re a fast-growing team of individuals who are passionate about their work, see the big picture and always seek to empower our clients and their end-customers.
This job is no longer accepting applications
See open jobs at Unit.See open jobs similar to "Compliance Oversight Analyst" TLV Partners.