Step
Product Compliance Associate
Step, Palo Alto, California, United States, 94306
Gen Z
is the generation of the side hustle.
They’re creators.
They’re freelancers.
They’re investors.
And they’re not afraid to take on challenges, especially when it comes to their finances - and we’re here for it.Step
is a next-generation financial services company building a better banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. We’re on a mission to improve the financial future of the next generation by empowering teens to start their financial journey today. Step is a well-funded Series C company that has raised more than $175M, focused on disrupting the banking industry through a differentiated mobile-first consumer experience.Teens and families love our product . We eclipsed 1 million customers in just four months after launch and have now crossed 4 million customers. If you’re looking to join a fast-growing company with a strong mission and vision that puts people first, we want to meet you!Responsibilities:
Support design, development, and go-to-market implementation of new products, features, and initiatives while ensuring compliance with applicable laws, rules, and regulationsAct as primary expert and advisor on all Step product compliance mattersServe as counterpart and liaison on product compliance matters with bank partners to facilitate compliance and credit model reviews and approvalsAnalyze and summarize various regulatory developments and industry innovations impacting the businessStay informed and maintain a deep understanding of consumer protection, lending, and fintech regulationsCollaborate with cross-functional teams (product, engineering, marketing, design, and risk) to support the launch and post-launch activities of new products and featuresManage product compliance standards for all marketing internally and externally with banking partners and platform partnersOversee compliance training programs for employeesManage privacy and data security compliancePerform and support all product, marketing, and privacy compliance examinations, regulatory inquiries, audits, and risk assessmentsConduct all vendor and critical subcontractor diligence and reviewsProvide regular reports on compliance activities to senior management, regulators, and Step’s Board of DirectorsWe're looking for someone who has:Bachelor’s degree with a minimum of five (5) years of proven and progressive experience; preferably in a compliance role with a financial institution or fintechExperience in consumer banking, lending, payments, and depositsHave extensive knowledge in financial / fintech regulations and network rule compliance within products including, but not limited to:
TILA/Reg Z, ECOA/Reg B, FCRA, UDAAP, EFTA, SCRA/MLA, GLBA, COPPASEC broker-dealer and investment advisoryCredit model regulatory complianceAll other applicable regulations and network rules
Experience growing existing compliance infrastructure and internal controlsProven track record of successful cross-functional collaboration across internal stakeholdersAbility to independently advance progress with limited oversightSuperb verbal and written communication skillsStrong analytical skills and impeccable attention to detailSalary Range:
Base pay salary range is $104,000-$156,000 and stock in early stage startupStarting salary will be determined by a variety of factors including job-related skills, experience, qualification, work location, and market conditions
Working at Step
Competitive salary based on experience, with full medical and dental benefitsHigh potential for growthStock in an early-stage startupFlexible WFH and vacation policyPaid parental LeaveEmployee referral program ️401K plan
#J-18808-Ljbffr
is the generation of the side hustle.
They’re creators.
They’re freelancers.
They’re investors.
And they’re not afraid to take on challenges, especially when it comes to their finances - and we’re here for it.Step
is a next-generation financial services company building a better banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. We’re on a mission to improve the financial future of the next generation by empowering teens to start their financial journey today. Step is a well-funded Series C company that has raised more than $175M, focused on disrupting the banking industry through a differentiated mobile-first consumer experience.Teens and families love our product . We eclipsed 1 million customers in just four months after launch and have now crossed 4 million customers. If you’re looking to join a fast-growing company with a strong mission and vision that puts people first, we want to meet you!Responsibilities:
Support design, development, and go-to-market implementation of new products, features, and initiatives while ensuring compliance with applicable laws, rules, and regulationsAct as primary expert and advisor on all Step product compliance mattersServe as counterpart and liaison on product compliance matters with bank partners to facilitate compliance and credit model reviews and approvalsAnalyze and summarize various regulatory developments and industry innovations impacting the businessStay informed and maintain a deep understanding of consumer protection, lending, and fintech regulationsCollaborate with cross-functional teams (product, engineering, marketing, design, and risk) to support the launch and post-launch activities of new products and featuresManage product compliance standards for all marketing internally and externally with banking partners and platform partnersOversee compliance training programs for employeesManage privacy and data security compliancePerform and support all product, marketing, and privacy compliance examinations, regulatory inquiries, audits, and risk assessmentsConduct all vendor and critical subcontractor diligence and reviewsProvide regular reports on compliance activities to senior management, regulators, and Step’s Board of DirectorsWe're looking for someone who has:Bachelor’s degree with a minimum of five (5) years of proven and progressive experience; preferably in a compliance role with a financial institution or fintechExperience in consumer banking, lending, payments, and depositsHave extensive knowledge in financial / fintech regulations and network rule compliance within products including, but not limited to:
TILA/Reg Z, ECOA/Reg B, FCRA, UDAAP, EFTA, SCRA/MLA, GLBA, COPPASEC broker-dealer and investment advisoryCredit model regulatory complianceAll other applicable regulations and network rules
Experience growing existing compliance infrastructure and internal controlsProven track record of successful cross-functional collaboration across internal stakeholdersAbility to independently advance progress with limited oversightSuperb verbal and written communication skillsStrong analytical skills and impeccable attention to detailSalary Range:
Base pay salary range is $104,000-$156,000 and stock in early stage startupStarting salary will be determined by a variety of factors including job-related skills, experience, qualification, work location, and market conditions
Working at Step
Competitive salary based on experience, with full medical and dental benefitsHigh potential for growthStock in an early-stage startupFlexible WFH and vacation policyPaid parental LeaveEmployee referral program ️401K plan
#J-18808-Ljbffr