Compliance Associate, Bank Partnerships & Product Launch

raincards.xyz; New York (NY); On-site; USD 80,000 - 120,000; Full time

Benefits offered by this job

Unlimited time off

Flexible working

Health stipend

401(k) match

Equity plan

Wellness stipend

Office meals

Team summits

Job summary

Rain is seeking a Compliance Associate to support bank sponsorship relationships and product expansion in New York. You will translate partnership agreements and regulatory requirements into concrete product requirements, prepare documentation, and help launches move quickly while staying compliant.

You will work closely with Product, Engineering, Legal, and sponsor banks to ensure compliance is built in from concept through launch, with a focus on transparency and risk management.

Qualifications

• 4+ years in compliance, risk, or regulatory roles within banking, fintech, or payments.
• Ability to read bank partnership agreements and translate them into clear product requirements.
• Strong cross‑functional collaboration with Product, Engineering, Legal, and bank partners.
• Excellent written communication skills and experience creating compliance documentation.
• Detail oriented with strong project management and organizational skills.

Responsibilities

• Serve as day-to-day compliance point of contact for sponsor bank partners.
• Review new products, features, and market expansions for compliance impact and translate requirements.
• Build and maintain compliance documentation ( matrices, policies, checklists ).
• Read and interpret bank partnership agreements, network rules, and regulatory guidance.
• Partner with Product and Engineering from design start to ensure compliance built in.
• Support disclosure, marketing, and UX reviews for accuracy with consumer protection expectations.
• Support bank partner oversight activities, audits, exams, and third‑party risk assessments.
• Monitor regulatory and network developments relevant to card issuing and stablecoin payments.
• Track compliance deliverables and deadlines across launches and stakeholders.

Skills

Compliance

Bank sponsorship

Cross-functional collaboration

Written communication

Regulatory understanding

Risk management

Job description

Rain is seeking a Compliance Associate to support bank sponsorship relationships and product expansion in New York. You will translate partnership agreements and regulatory requirements into concrete product requirements, prepare documentation, and help launches move quickly while staying compliant.

You will work closely with Product, Engineering, Legal, and sponsor banks to ensure compliance is built in from concept through launch, with a focus on transparency and risk management.