Compliance Testing Lead

black.ai; United States; Remote; USD 80,000 - 120,000; Full time

Job summary

An innovative firm is seeking a Consumer Compliance Testing Lead to enhance its compliance program. This role involves overseeing regulatory compliance testing, developing monitoring dashboards, and ensuring adherence to consumer protection laws. With a remote-first environment and a commitment to diversity, the company fosters a culture of inclusivity and encourages strategic thinkers to apply. Join a team that values creativity and organization while making a significant impact in the financial sector.

Benefits

Competitive Salary

Generous Equity Package

Full Healthcare Benefits

Technology Expense Reimbursement

Virtual-First Environment

Qualifications

• 5+ years of regulatory compliance experience, preferably in consumer lending.
• Strong knowledge of consumer protection laws and ability to communicate complex regulations.

Responsibilities

• Execute risk-based regulatory compliance testing and evaluate control design.
• Prepare clear testing reports with actionable insights for management.

Skills

Regulatory Compliance

Data Analysis

Communication

Consumer Protection Laws

Scripting

Education

Bachelor's Degree

Tools

SQL

Job description

EMPOWER OVERVIEW

Empower is revolutionizing an outdated financial system by providing real opportunities for our customers: access to cash, fair credit, and a better financial future. We help millions find financial security through machine learning models that evaluate creditworthiness inclusively and mobile-first products such as Cash Advance, Thrive line of credit, and Petal credit cards. Our goal is to create more financial pathways for our customers to succeed.

This year, Empower ranked #65 on Inc. 5000’s Fastest-Growing Private Companies list — our third consecutive year in the top 100 — and was named by Forbes as one of the 25 Next Billion-Dollar Startups for 2024. We were also featured on Forbes’ America’s Best Startup Employers list in 2023, and our Thrive line of credit was recognized by Fast Company as one of 2022’s Next Big Things in Tech.

Empower is backed by Sequoia Capital, Blisce, and Icon Ventures. If you're looking to grow your impact and accelerate your career, explore our open roles — we look forward to meeting you.

THE EMPOWER WAY

• Great Expectations: We set bold, ambitious goals and strive for impact.
• Owner Mindset: We empower every employee to act independently, make smart decisions, and drive the business forward.
• Spirited Debate: We value skepticism and diverse opinions to challenge assumptions and broaden perspectives.
• Customer Obsession: We listen, empathize, and aim to create memorable, rewarding experiences for our community.
• Inclusive Collaboration: We believe diverse teams make better decisions and actively seek to include all voices.
• No Jerks Allowed: We prioritize trust, respect, and strong relationships in our interactions.

WHAT EMPOWER OFFERS

• Competitive salary
• Generous equity package
• Full healthcare benefits
• Technology expense reimbursement
• Virtual-first environment

JOB DESCRIPTION

Empower is seeking an experienced Consumer Compliance Testing Lead to oversee our enterprise-wide monitoring and testing plan. The ideal candidate will have deep knowledge of consumer protection regulations applicable to deposit, early wage access, and consumer lending. We value creativity, organization, and diligence, and are looking for strategic thinkers who are eager to learn our products and advocate for compliance within our team.

Empower operates in a remote-first environment, with regular company offsites. Travel to offsites is expected at least twice a year.

RESPONSIBILITIES

• Execute risk-based regulatory compliance testing and evaluate control design and effectiveness.
• Develop and manage compliance risk monitoring dashboards.
• Review policies, procedures, and training materials against regulatory requirements and best practices.
• Prepare clear, concise testing reports with actionable insights for management and the board.
• Assist in the company’s compliance risk assessment processes.
• Support initiatives to mature the Compliance program.

QUALIFICATIONS

• 5+ years of regulatory compliance experience, preferably in consumer lending.
• Experience with compliance monitoring/testing, including scripting, data analysis, and reporting.
• Strong knowledge of consumer protection laws such as ECOA, TILA, FCRA, SCRA, MLA, GLBA, FDCPA, UDAAP, etc.
• Ability to communicate complex regulations clearly to non-experts.
• Interest and aptitude for new technologies and tools.
• SQL experience is a plus.
• Bachelor’s degree required.

At Empower, we value understanding, challenge, and diversity. We are committed to creating an inclusive environment where everyone feels they belong. Even if your experience isn’t an exact match, we encourage you to apply and join us on this journey.