Compliance Associate, Monitoring & Testing

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October 7

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OppFi

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Fintech • Finance

OppFi is a financial technology company dedicated to providing safe, simple, and more affordable access to credit for the 60 million Americans who lack traditional options. The company focuses on helping consumers who are excluded from traditional credit systems by offering them the opportunity to rebuild their financial health. OppFi aims to assist those who live paycheck to paycheck and may not have enough savings to cover unexpected expenses. With a mission to enhance financial accessibility, OppFi strives to deliver quick, respectful, and effective customer service.

501 - 1000 employees

Founded 2013

💳 Fintech

💸 Finance

💰 $250M Post-IPO Debt on 2023-07

📋 Description

• 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