What are the responsibilities and job description for the Senior Compliance Analyst position at Splash Financial?
Job Description
Job Description
ABOUT OUR COMPANY :
The crushing weight of debt is something that we believe holds people back from reaching their dreams and making a splash in the world. So in 2013, after seeing our friends and family struggle with student loans, we created Splash Financial.
Over the years, our mission has expanded to include helping people with other forms of debt - such as refinancing credit cards, which are at all time highs in the US. And we've been able to refinance $6 Billion in loans through our network of Splash, powered credit union and bank partners who leverage our marketplace and automated loan processing technology. And we've raised over $70 million from investors like partners of DST Global, Citi Ventures, TruStage Ventures, Northwestern Mutual Future Ventures, Detroit Venture Partners, and more.
But at our core, we're still that little company from Cleveland with a big dream : to make people more powerful than their debt and we're just getting started..
ABOUT OUR WORKPLACE :
Splash is remote-first, and proud of it. We spend our days creating ways to simplify financial products, then get them into the hands of people who need help. Right now, we're focused on developing financial technologies that fundamentally change the way the industry lends. And to hire the best, we provide the best : great health insurance, competitive salaries, and unique benefits like quarterly meet-ups, access to community, and engagement tools. And although we've been around since 2013, we still love to think like a start-up — a place that empowers good people to do great things, fast.
We're friendly, folksy, and have Slack channels for both #kids-and-pets and #food. We're good people who want to make a difference in the financial landscape, and we approach tackling challenges with creativity, passion and urgency.
Splash Financial is hiring a Senior Compliance Analyst to assist with day-to-day compliance management activities designed to ensure material compliance with applicable laws, rules, and regulations. The Legal and Compliance Department is helping Splash become the leading digital lending platform in a responsible and compliant way that puts the customer first. A team-first approach is critical, and the department works closely with a diverse cross-functional team of Developers, Product Managers, Analysts, Underwriters, Accountants, and Marketing professionals to help drive innovation forward across the business.
What you'll do :
- Responsible for providing federal & state compliance support in all aspects of the business.
- Monitor, analyze, and communicate pending and / or enacted legislation.
- Support all aspects of the audit process, including identifying, analyzing, and resolving compliance issues.
- Conduct thorough, accurate, and objective testing and monitoring of all stages of the loan process. This includes the review of disclosures, policies, procedures, and adherence to all regulatory requirements.
- Evaluate internal operational and procedural compliance.
- Analyze and update existing compliance policies, guidelines and procedures.
- Work with Sales, Operations and IT to ensure data integrity is monitored.
- Work with IT and LOS support area to create, revise and maintain HELOC lending disclosures and documents.
- Assist in researching and developing policies and outlining statutory / regulatory requirements.
- Assist as necessary, with responding to regulatory consumer complaints.
- Review and approve marketing material.
What you'll bring to Splash :
SPLASHERS ENJOY :
Employment at Splash is based on individual merit. Opportunities are open to all, without regard to race, color, religion, sex, creed, age, handicap, national origin, ancestry, military status, veteran status, medical condition, marital status, sexual orientation, affectional preference, or other irrelevant factors. Splash is an equal opportunity employer.
