Compliance Specialist | Finance | Fintech

1 month ago


King of Prussia, United States Power Pay Full time
Job DescriptionJob Description

PowerPay is a fast-growing financial technology company. We’re looking for a motivated individual who is willing to jump into the organization and start contributing. We are looking for individuals who have the desire to win, a tenacious appetite to be number one, and enjoy an independent and collaborative work environment. PowerPay offers a great working environment and the opportunity to contribute to the growth of the organization and did we mention an awesome team of co-workers?

PowerPay is adding a newly created role to the organization for a Compliance Specialist.

The successful candidate will be responsible to manage the risks associated with all laws, regulations, and regulatory rules applicable across the lending life cycle and to ensure appropriate and sufficient controls are in place to mitigate those risks. Specific areas of operational focus include: application processing and underwriting, funding, account servicing, and collections.

Responsibilities:

  • Assist with the development, implementation and maintenance of the Company’s Compliance Management Program. Ensure that policies, procedures and programs comply with applicable regulatory requirements and mitigate risk of non-compliance.
  • Develop, implement, maintain and enhance internal controls to mitigate risk on an ongoing basis.
  • Serve as a compliance subject matter expert for the Company on lending compliance and related issues.
  • Facilitate the coordination of compliance monitoring and risk assessments, providing periodic compliance reports to senior management. Manage remediation efforts.
  • Manage and maintain enterprise-wide policies, standards, and procedures designed to achieve compliance with applicable laws, rules, and regulations.
  • Maintain internal control standards, including timely support for implementation of internal and external audits, examinations, or investigations.
  • Actively participate in assigned business initiatives (i.e., new product development, revised processes or systems, development and/or oversight of consumer facing notices and disclosures) and projects to ensure that related regulatory obligations are appropriately addressed.

Requirements:

  • Bachelor's Degree in applicable field highly desired.
  • 1-2 years’ experience in compliance, legal, audit, risk or other relevant function.
  • Strong leadership and relationship management skills including the ability to influence up and across the organization.
  • Successful track record of integrity, strong ethics and judgment.
Company DescriptionPowerPay is a financial technology company (fintech) in several vertical markets including home improvement, healthcare, solar, recreational vehicles and more. PowerPay is building a national network of partners that offer our financing solutions to their respective clients/customers/patients. PowerPay originates and services all loans. We are looking for bright, energetic, self-starters to join our growing company.

www.getpowerpay.com

EOE
M/F/D/VCompany DescriptionPowerPay is a financial technology company (fintech) in several vertical markets including home improvement, healthcare, solar, recreational vehicles and more. PowerPay is building a national network of partners that offer our financing solutions to their respective clients/customers/patients. PowerPay originates and services all loans. We are looking for bright, energetic, self-starters to join our growing company.\r
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www.getpowerpay.com\r
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EOE\r
M/F/D/V

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