Associate of Compliance Assurance – Monitoring and Testing

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Why OppLoans?

Strong Growth and Profitability

OppLoans has grown 1,500 percent over the last three years, with 2018 marking the third year in a row we made the Inc. 500. We have originated hundreds of thousands of loans and will surpass $125 million of annual revenue in 2018. In 2019, we’re projected to exceed $200 million, all while maintaining strong profitability.

Customers Love Our Product

OppLoans is committed to delivering a best-in-class experience to our customers. Don’t believe us? See what our borrowers are saying on Google and the BBB!

Employees Love Working Here

With a dynamic startup culture and generous benefits, we’ve attracted top talent and boast one of the happiest offices in the country. We were recently named the 3rd fastest-growing startup by Built In Chicago and are looking to hire 100 new employees in 2019. In 2018, Glassdoor named us the 6th best place to work in the nation. Check out our reviews to see why our employees love us!

 What you can expect from us: 

  • A fast-paced environment with dynamic challenges and opportunities to make an impact. 
  • A commitment to professional development and support for your growth.
  • Ability to work with a team of hard working professionals who truly value excellence and providing a phenomenal customer experience.
  • A group committed to a fantastic employee experience from the very first interview to the everyday experience.

The Opportunity!

We are looking for an experienced and energetic Associate of Compliance AssuranceMonitoring and Testing to join OppLoans’ expanding and dynamic Compliance Department. This role will report directly to the Director of Compliance Assurance and the main responsibilities are:

  • Assisting the Director of Compliance Assurance in implementing Monitoring and Testing for applicable State and Federal regulations as part of our Compliance Management System.
  • Assess compliance risk through testing and monitoring
  • Work with remediation team to ensure issues are addressed.
  • Collect data, files and other materials for monitoring and testing.
  • Work in collaboration with Business Compliance Officers and other stakeholders in various phases of testing and monitoring, including notification, fieldwork, escalation, reporting and follow-up.
  • Demonstrate ability to exercise judgment in assessing the material significance and relevance of identified findings and recommendations and ensure timely escalation.
  • Develop reports, which are concise, timely and provide value to business and management to continuously improve compliance controls and mitigate risks.
  • Other duties as assigned.

Our Ideal Candidate:

  • Bachelor’s degree required. CRCM certification and/or JD a plus. Paralegal certification also a plus.
  • 2 years experience in regulatory compliance and/or state regulatory supervision, preferably in consumer finance or fintech company. 
  • Experience managing regulatory exams and audits.
  • Strong knowledge of consumer financial regulations, including the Truth in Lending Act (Regulation Z), Equal Credit Opportunity Act (Regulation B), Fair Credit Reporting Act, Fair Debt Collections Practices Act, Unfair Deceptive and Abusive Acts or Practices, Telephone Consumer Protection Act, Servicemembers Civil Relief Act (SCRA), Electronic Funds Transfer Act (Regulation E), Electronic Signatures in Global and National Commerce Act (ESIGN), and Privacy.
  • Proficiency in root cause analytics.
  • Familiarity with data queries, such as SQL and JIRA.
  • Excellent communication skills, verbal and written.
  • Good organizational and follow-up skills.
  • Excellent problem resolution skills.
  • Ability to work in fast-paced environment and meet deadlines with an attention to detail
  • Detail-oriented and self-motivated with the ability to proactively identify issues
  • Proven ability to build strong relationships, working with all levels with both internal and external customers and regulators
  • Ability to work well individually, and in a team structure
  • Flexibility to work in a fast-paced, high-growth environment and an enthusiasm for learning new areas of law.
  • A passion for improving the lives of consumers through OppLoans products.
  • Humility, integrity and a killer sense of humor; you take your work seriously, but not yourself. 

Competitive salary and benefits package including:

Subsidized daily lunches

Fully stocked kitchen with healthy snacks and drinks

Free health insurance (base plan)

Free gym membership

401(k) with OppLoans match

Flexible paid vacation policy

CTA, Metra, and Divvy benefit program

Frequent office events (happy hours, massages, game nights, sports leagues, private yoga sessions, catered breakfasts, etc.)

Awesome panoramic office view of Millennium Park and Lake Michigan, with rooftop access.

Opportunity to attend conferences and courses to keep your mind sharp

Equal opportunity employer

Frequent office events (happy hours, massages, game nights, sports leagues, private yoga sessions, catered breakfasts, etc.)


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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
  • People Operations
    • RubyLanguages
    • ClojureLanguages
    • Google AnalyticsAnalytics
    • TableauAnalytics
    • CanvaDesign
    • PhotoshopDesign
    • ConfluenceManagement
    • Google DocsManagement
    • JIRAManagement
    • Monday.comManagement
    • WordpressCMS
    • DocuSignCRM
    • SalesforceCRM
    • MailChimpEmail
    • SlackCollaboration
    • ZoomCollaboration
    • Monday.comProject Management
    • LatticeProject Management

Location

OppFi is located in the heart of downtown Chicago, adjacent to Michigan Avenue and across the street from beautiful Millennium Park.

What are OppFi Perks + Benefits

OppFi Benefits Overview

Fully stocked kitchen with healthy snacks & drinks available.
Subsidized daily lunches.
CTA & Metra benefit program.
Free gym membership.
Free shuttle passes to Metra stations.
Casual dress policy.
Discounted Divvy memberships.
401(k) match program.
Free OppLoans apparel.
Competitive salary and benefits package.
Fun, fast-paced work environment.
Employee and peer recognition program.
Dynamic start-up culture and environment.
Ability to make an immediate impact in a growth stage company.
Flexible paid vacation policy.
Free health benefit options.
Intramural sports leagues.
Weekly office events (happy hours, massages, game nights, private yoga sessions, catered
breakfasts, etc.).
Dual monitors and stand-up work stations.
Convenient downtown Chicago office located in the heart of the city.
Awesome panoramic office view of Millennium Park and Lake Michigan, with rooftop access.
Equal opportunity employer.

Culture
Volunteer in local community
Partners with nonprofits
Open door policy
OKR operational model
Team based strategic planning
Pair programming
Open office floor plan
Flexible work schedule
Remote work program
Diversity
Dedicated diversity and inclusion staff
Mandated unconscious bias training
Diversity employee resource groups
Hiring practices that promote diversity
Health Insurance + Wellness
Flexible Spending Account (FSA)
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Mental health benefits
Financial & Retirement
401(K)
401(K) matching
Employee stock purchase plan
Performance bonus
Charitable contribution matching
Child Care & Parental Leave
Generous parental leave
Family medical leave
Vacation + Time Off
Unlimited vacation policy
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Office Perks
Commuter benefits
Company-sponsored outings
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Recreational clubs
Relocation assistance
Fitness stipend
Home-office stipend for remote employees
Onsite gym
OppLoans gym is a state-of-the-art fitness center free to all employees, and provides yoga, kickboxing and pilates classes on site.
Professional Development
Job training & conferences
Tuition reimbursement
Lunch and learns
Promote from within
Mentorship program
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Customized development tracks
Paid industry certifications

Additional Perks + Benefits

In addition to offering generous insurance benefits and 401(k) matching, we pride ourselves on a fun, collaborative and supportive company culture. Prior to COVID-19, this meant in-office events like game nights, bagel mornings and chair massages as well as semi-annual company parties. With all our teams working remotely right now, we’re holding digital events in their place, like trivia nights, Zoom cooking classes, movie nights, and coffee chats. Through our lifestyle benefits platform Fringe, employees can access discounted services that support a healthy work/life balance. We are always looking for ways to treat our employees well and show them they’re appreciated.

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