Associate, Governance and Assurance

Company: Menlo Ventures
Location: San Francisco
Posted on: November 13, 2024

Job Description:

About the role We are hiring for an Associate on Chime's Compliance Governance & Assurance team. You will work in a fast paced environment and play an essential role in ensuring Chime remains compliant with regulatory requirements, internal policies, and bank partner expectations. In this role you will perform strategic end-to-end compliance testing of Chime's innovative products and services to identify risks and control gaps. This will involve partnership with internal teams, as well as collaboration with our issuing bank partner's legal and compliance teams. This role will report to the Senior Manager of Compliance Assurance and Testing. The base salary offered for this role and level of experience will begin at $82,620 and up to $114,800. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience. In this role, you can expect to

• Lead the end-to-end compliance testing process: from strategically scoping the review, partnering with cross functional teams to obtain necessary documentation, performing robust testing and gathering/reporting testing results to senior management.
• Proactively assist the business by identifying solutions to complex issues/findings and performing follow-up to ensure remediation is successful.
• Partner with cross-functional teams to perform compliance testing and/or to support bank partner testing oversight.
• Play a key role in creating and designing automated internal compliance monitoring and testing to identify trends, issues, and key performance and risk indicators.
• Maintain current knowledge of applicable laws and regulations and understand regulatory impact of changes to product/service offerings. To thrive in this role, you have
  • 3-5 years of work experience, including: regulatory compliance testing in Financial Services, Risk Consulting or Fintech companies.
  • Knowledge of laws, regulations, and rules governing consumer financial protection, banking, payment networks, money transmission, and consumer lending.
  • Strong problem-solving skills are essential and demonstrated ability to take initiative and work independently.
  • Work well with ambiguity and multiple priorities while balancing the interests of multiple stakeholders.
  • Analytical skills, such as SQL or data visualization, are a plus. A little about us At Chime, we believe that everyone can achieve financial progress. We're passionate about developing solutions and services to empower people to succeed. Every day, we start with empathy for our members and stay motivated by our desire to support them in ways that make a meaningful difference. What we offer
    • A thoughtful hybrid work policy that combines in-office days and trips to team and company-wide events depending on location to ensure you stay connected to your work and teammates, whether you're local to one of our offices or remote.
    • Competitive salary based on experience.
    • 401k match plus great medical, dental, vision, life, and disability benefits.
    • Generous vacation policy and company-wide Take Care of Yourself Days.
    • Mental health support with therapy and coaching through Modern Health.
    • 16 weeks of paid parental leave for all parents and an additional 6-8 weeks for birthing parents.
    • A challenging and fulfilling opportunity to join one of the most experienced teams in FinTech and help millions unlock financial progress. We know that great work can't be done without a diverse team and inclusive environment. That's why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals. We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. Chime is proud to be an Equal Opportunity Employer and will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance, Cook County Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation, please let us know. To learn more about how Chime collects and uses your personal information during the application process, please see the
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Keywords: Menlo Ventures, Tracy , Associate, Governance and Assurance, Other , San Francisco, California