Lending Compliance Officer

Yrefy, LLC; Phoenix (AZ); On-site; USD 84,500 - 91,000; Full time

Benefits offered by this job

Medical insurance

Vision insurance

Student loan assistance

401(k)

Job summary

A third-party educational lender is seeking a Lending Compliance Officer to ensure compliance with regulatory standards and policy requirements. Responsibilities include evaluating school partnerships, monitoring lending regulations, and contributing to educational institution relationships. Ideal candidates possess a degree in a relevant field and have at least 2 years of experience in compliance or financial services.

Qualifications

• Bachelor's degree in Business, Finance, Legal Studies, or a related field (Master's or JD preferred).
• 2+ years of experience in compliance, financial services, or education-related lending.
• Strong understanding of private post-secondary education regulations and lending practices.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Experience with CRM systems and compliance management tools is a plus.

Responsibilities

• Review and assess school partnership submissions for regulatory compliance and risk.
• Ensure adherence to federal, state, and institutional regulations governing private post-secondary lending.
• Maintain up-to-date knowledge of lending laws and compliance requirements.
• Collaborate with the Business Development and Legal teams to vet potential school partners.
• Assist in the creation and refinement of partnership agreements and onboarding processes.
• Prepare detailed compliance reports and maintain accurate records of evaluations and decisions.
• Serve as a liaison between the compliance department and partner schools.

Job description

Base pay range

$84,500.00/yr - $91,000.00/yr

About Us

Ignite Yrefy is a third-party educational lender dedicated to expanding access to education by partnering with colleges, universities, and trade schools to offer flexible and responsible lending options for students. Ignite Yrefy's mission is to revitalize the American workforce and to empower learners through financial solutions that support their educational goals.

Position Summary

The Lending Compliance Officer plays a critical role in ensuring that all school partnership submissions meet regulatory standards and internal policy requirements. This individual will evaluate new and existing school partnerships, monitor compliance with private post-secondary lending regulations, and contribute to the development of strategic relationships with educational institutions.

Key Responsibilities

• Compliance Evaluation & Monitoring: Review and assess school partnership submissions for regulatory compliance and risk.
• Ensure adherence to federal, state, and institutional regulations governing private post-secondary lending.
• Maintain up-to-date knowledge of lending laws and compliance requirements, including Title IV and state-specific regulations.
• Partnership Development: Collaborate with the Business Development and Legal teams to vet potential school partners.
• Assist in the creation and refinement of partnership agreements and onboarding processes.
• Provide compliance guidance during the development of new lending programs and initiatives.
• Reporting & Documentation: Prepare detailed compliance reports and maintain accurate records of evaluations and decisions.
• Support internal audits and respond to regulatory inquiries as needed.
• Develop and maintain compliance checklists, templates, and training materials.
• Stakeholder Engagement: Serve as a liaison between the compliance department and partner schools.
• Educate school partners on lending regulations and best practices.
• Participate in industry forums and stay informed on emerging trends in educational finance.

Qualifications

• Bachelor's degree in Business, Finance, Legal Studies, or a related field (Master's or JD preferred).
• 2+ years of experience in compliance, financial services, or education-related lending.
• Strong understanding of private post-secondary education regulations and lending practices.
• Excellent analytical, organizational, and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• Experience with CRM systems and compliance management tools is a plus.

Seniority level

• Mid-Senior level

Employment type

• Full-time

Job function

• Finance

Benefits

• Medical insurance
• Vision insurance
• Student loan assistance
• 401(k)