Senior Compliance Advisor

Mission Lane is revolutionizing access to credit to pave a clear way forward for millions of Americans on the path to financial success. By attracting top-tier talent and leveraging cutting-edge technology, we’re redefining consumer credit for the better. Sound like a mission you can get behind?

Dedicated to helping everyone have access to fair and clear credit.

Mission Lane is seeking an experienced compliance professional who will be responsible for leading the compliance function for a fast growing fintech. This role will be responsible for effectively and efficiently delivering on the core components of the Compliance Management Program in addition to envisioning and delivering on an innovative, data-driven testing program.

The role will partner with colleagues in Legal, Risk, technology and business to ensure compliance with corporate policies and procedures as well as legal and regulatory requirements, and will identify, analyze and report on internal trends with respect to compliance risks. Applicants must have a passion to help Mission Lane’s goal to deliver products and services that dramatically improve the lives and financial well-being of the customers we serve.

This role will report to the Head of Enterprise Risk and Compliance,serve as a strategic partner and trusted advisor to the business, and be the enterprise BSA/AML Officer.

Day-to-day You Will

• Lead and execute against components of the Compliance Management Program, including:
• Independent testing, including adherence to regulatory requirements, policies, procedures and controls
• Issue and Incident Management assessments
• Complaint management
• Risk assessments
• Provide leadership,specialist knowledge and hands-on engagement with business teams on existing and emerging compliance matters to ensure a culture of compliance and partnership that leads to pragmatic, viable solutions
• Provide second line oversight of regulatory compliance and BSA/AML/OFAC functions, including appropriate training and testing leveraging automated compliance and BSA/AML control and monitoring systems where possible
• Deliver reporting for divisional leads, executive leadership, Board and bank partners on an established cadence, identifying trends that help inform the business of potential improvements needed, and provides recommendations to support
• Deliver on sponsor bank partner requests and communication on compliance program, issues and testing
  

To set you up for success on day one, Mission Lane is also looking for candidates who have:

• Bachelor’s degree or combination of 4 years of higher education and specialized compliance training
• Eight (8) or more years of experience in a relevant compliance professional role for a fintech or another applicable financial services company
• Professional certification American Bankers Association Certified Regulatory Compliance Manager (CRCM)
• Solid working knowledge of laws, regulations and industry rules that apply to credit and debit cards, including FCRA/Reg V, TILA/Reg Z, ECOA/Reg B, UDAAP, BSA/AML, SCRA, GLBA, TCPA, FDCPA, Electronic Fund Transfers Act (EFTA)/Reg E, BSA/AML/OFAC and state privacy and servicing/debt collection laws
• Strong oral and written communication and interpersonal skills and ability to effectively present information to and influence risk-balanced outcomes
• Growth mindset and a high-degree of mature self-direction and ability to effectively prioritize work and adapt to change
• Tech-savvy and innovative thinker who isn’t satisfied with the status quo
• Ability to work independently and as part of a team
• Proficiency with basic computer applications, including Google Suites and Microsoft Office products
  
  

Preferred

• Experience as a financial institution compliance and BSA/AML/OFAC professional within a national bank or a financial institution, including advanced experience as a BSA Officer
• Masters Degree or Juris Doctorate
• Professional certifications(s) Certified Risk Professional (CRP) and/or Certified Anti-Money Laundering Specialist (CAMS)
  
  

Compensation

Target base salary: $ 125,000-$185,000

Additional compensation in the form(s) of participation in our annual incentive program and equity are dependent on role. Pay is based on factors such as work experience, education, certification(s), training, skills, and competencies related to the role. Mission Lane also offers a comprehensive benefits plan, which includes unlimited paid time off, 401(k) match, a monthly wellness stipend, health/ dental/ vision insurance options, disability coverage, paid parental leave, flexible spending account (for childcare and healthcare), life insurance, and a remote-friendly work environment.

About Mission Lane

Founded in December 2018, Mission Lane is a purpose-driven fintech company based in the U.S., with headquarters in Richmond, Virginia.

It all started with a realization: nearly fifty percent of the adult population in the U.S. doesn’t have access to a clear line of credit. Most traditional credit card companies either overlook or overcharge this group because they have less-than-perfect credit scores or no scores at all. We decided this just wouldn’t do.

In partnership with our sponsor banks, we offer credit cards under the Mission Lane brand name, with better, clearer terms, and a more refined customer experience than the alternatives available to people working hard to improve their credit.

To date, over three million consumers have chosen Mission Lane, earning high customer ratings on Credit Karma for its market segment and industry leading Net Promoter scores.

Mission Lane has cumulatively raised over $600 million of equity from leading investors, including Invus Opportunities, QED Investors, LL Funds, funds affiliated with Oaktree Capital Management, and other leading investors.

Interested in learning more? Check out The Mission Lane Junction for articles on culture, credit, and community, and The Mission Lane Newsroom for media mentions.

Mission Lane is an Equal Opportunity Employer committed to diversity and inclusion in the workplace. All qualified applicants will receive consideration for employment without regard to sex, race, color, age, national origin, religion, physical and mental disability, genetic information, marital status, sexual orientation, gender identity/assignment, citizenship, pregnancy or maternity, protected veteran status, or any other status prohibited by applicable national, federal, state or local law.

Mission Lane provides reasonable accommodations to applicants who need them for medical or religious reasons, as required by law. Applicants can initiate an accommodation request by contacting peopleops@missionlane.com.

Mission Lane is not sponsoring new applicant employment authorization and please, no third-party recruiters.

Each Laner is responsible for keeping Mission Lane informed of their primary work location within the United States. Changes to a Laner's work location may result in changes to certain benefits based on local policies and requirements. If a Laner desires to move to an approved state within the US, we ask that they notify People Operations at least 30 days prior to moving, so we can ensure appropriate setup takes place.