Compliance Associate
Acorns
Compliance Associate, Monitoring & Testing
OppFi
full-time
Posted on:
Location Type: Remote
Location: Remote • 🇺🇸 United States
Visit company websiteSalary
💰 $71,200 - $106,800 per year
Job Level
JuniorMid-Level
Tech Stack
SQLTableau
About the role
- Second line monitoring and testing against applicable State and Federal regulations as part of our Compliance Management System
- Assess compliance risk through performing analysis of accounts, policies, procedures, marketing material, complaints, reports, and more.
- Assist with and collect data, files, and other materials for monitoring and testing
- Work in collaboration with various business departments and other team members in different phases of testing and monitoring including planning, execution, reporting, and follow-up
- Assess the material, report on the findings, provide recommendations, receive review and approval when required
- Work with Issues Management Team to ensure issues are recorded
- Assist with and draft concise reports that provide value to business and management to improve compliance controls and mitigate risks
- Assist departmental senior leaders/managers in process improvements for the Monitoring and Testing Program
- Assist in the monitoring for changes to the business to enhance testing processes
- Assist in the monitoring for regulatory changes to update testing procedures to ensure compliance with applicable regulations
Requirements
- Three years’ experience in regulatory compliance or state regulatory oversight with a focus on consumer lending
- Knowledge could come from on the job experience or education, such as paralegal certification, JD, or Certified Regulatory Compliance Manager (CRCM) certification
- Experience in designing or implementing a compliance monitoring and testing program
- Applicable knowledge of consumer financial regulations, including Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Unfair Deceptive and Abusive Acts or Practices, Servicemembers Civil Relief Act, Electronic Funds Transfer Act, Telephone Consumer Protection Act, CAN-SPAM Act, Electronic Signatures in Global and National Commerce Act, Gramm-Leach-Bliley Act, Fair Debt Collections Practices Act
- Ability to do root cause analysis and to learn and understand how technology infrastructure works at a level adequate to inform the root cause analysis
- Familiarity with data queries and using SQL; experience with data tools including Snowflake, Tableau, a plus.
Benefits
- 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, a lifestyle benefits platform
Applicant Tracking System Keywords
Tip: use these terms in your resume and cover letter to boost ATS matches.
Hard skills
regulatory compliancecompliance monitoringcompliance testingroot cause analysisdata analysisdata queriesSQLSnowflakeTableauconsumer financial regulations
Soft skills
collaborationreportingprocess improvementcommunicationanalytical thinkingattention to detailproblem-solvingrecommendation developmentorganizational skillsadaptability
Certifications
paralegal certificationJDCertified Regulatory Compliance Manager (CRCM)
