Manager, Lending Product Compliance
Unit
ABOUT UNIT
Unit is building the platform to power the next generation of financial services. Our mission is to help companies expand financial access for all. Our simple and powerful banking-as-a-service API helps companies launch bank accounts, cards, payments, and lending in weeks - not years.
Unit was founded by a team with deep fintech and financial services experience and the first banking-as-a-service platform to reach unicorn status. We have raised over $169 million to date from top investors including Insight Partners, Accel, Better Tomorrow Ventures, Aleph, and Flourish and serve 140+ customers including AngelList, Honeybook, Roofstock, and many more.
Reporting to the Chief Compliance Officer this role will play a critical operational and advisory function deepening Unit’s commitment to compliance. The role will interact with both internal and external parties to develop new and innovative products.
Key Responsibilities
Responsible for project management and internal process flows to ensure that legal, compliance, and product teams are aligned in the product development lifecycle
Serve as a compliance subject matter expert on the development of new products or updates to existing lending products
Collaborate with the Chief Compliance Officer and Chief Legal Officer and provide strategic advice for compliance and control-related matters
Consistently monitor and assess external industry trends, best practices and the regulatory environment
Support the design, implementation, and documentation of compliance controls for new and existing products.
Assist with updating the company’s lending compliance policies and procedures and compliance related assets
Participate in the company’s issues management and remediation process related to lending products
Assist with any internal or external monitoring, testing, or audits of lending products.
What We’re Looking For
5+ years in fintech-related compliance experience. Regulatory knowledge, specifically in areas pertaining to UDAAP, Truth in Lending Act (TILA), Regulation Z, Military Lending Act (MLA), Fair Credit Reporting Act (FCRA), and Equal Credit Opportunity Act (ECOA)
Experience with developing lending and card products
Operates as an owner and drives accountability for assigned tasks
Ability to bridge the gap between banking and technical teams
Team mindset and willingness to lead a compliance program that is closely integrated with other business units (sales, customer success, product, and legal).
Enthusiasm for leveraging technology.
LIFE AT UNIT
Working at Unit means joining a global team on a mission to create a more equitable financial ecosystem. We’re a fast-growing team of individuals who are passionate about their work, see the big picture and always seek to empower our clients and their end-customers.