What is Reach Financial?
Reach Financial is a FinTech platform helping people outsmart debt for good. We are building innovative products and best-in-class support that enable our customers to take control of their debt and de-mystify their personal finances. Our products and tools empower our customers to turn their financial goals into a reality.Reach Financial launched in 2015 and has helped our customers pay off over $1 billion in debt. We offer debt consolidation loans and personal loans; together, these markets represent a $1.5T opportunity.
In time, we will expand beyond these products to offer solutions for a variety of our customers' personal finance challenges.We are a fast-growing and fast-paced FinTech startup with the stability of an established firm. You will have a front-row seat at a rapidly growing company innovating the FinTech industry.
Compensation:
The range for this position is $70,000 - $90,000 annually. The salary offered will be based on experience, qualifications, and geographic location.
What You Will Do:
- Develop, maintain, and demonstrate current knowledge of applicable State and Federal Laws and Industry Regulations, including but not limited to the Equal Credit Opportunity Act (ECOA), Fair Credit Reporting Act (FCRA), Fair Debt Collection Practices Act (FDCPA), and Truth in Lending Act (TILA).
- Lead comprehensive audits and assessments to identify areas of non-compliance, provide value-added recommendations, and oversee the implementation of corrective actions.
- Respond to auditor requests promptly, providing accurate and thorough documentation to support audit processes.
- Maintain systematic organization and clear documentation of all materials provided for audits, ensuring readiness for both scheduled and unscheduled audits.
- Develop, implement, and execute audit plans, including schedules, scope, and objectives, to ensure thorough compliance evaluations.
- Collaborate with internal stakeholders and external auditors to facilitate smooth and efficient audit processes.
- Prepare and deliver detailed reports on audit findings to management, including recommendations for policy and procedure adjustments to enhance compliance.
Additional Responsibilities:
- Ensure the Policies and Procedures remain compliant and adhered to in all areas.
- Prepare and deliver assigned reports to management in a timely and accurate manner, keeping management informed of key compliance issues which impact the business.
- Proactively identify and address potential compliance concerns and assess regulatory risk.
- On-board vendors, ensure adherence to company policy, and maintain accurate records for compliance purposes.
- Assist in the development and delivery of compliance training programs to educate employees on regulatory requirements and company policies, and participate in compliance and risk management committees.
- Prioritize open items and manage deadlines effectively to ensure timely completion of all compliance-related tasks.
What You Should Have:
- Bachelor’s degree and a minimum of 3-5 years relevant compliance experience in Banking, Fintech, or Financial Services.
- Experience navigating consumer protection laws such as ECOA, FCRA, TILA, and the FDCPA.
- Experience conducting audits, providing applicable documentation, and responding to potential findings.
- Strong technical, analytical, and organizational skills
- Detail oriented and inquisitive in nature
- Strong research skills
- Detailed knowledge of regulations and ability to interpret them
- Proficiency with Microsoft Office Suite (e.g. Word, Excel, PowerPoint, Visio, etc.) is required
- Proficiency using Salesforce, JIRA, and Trello a plus.
- Excellent verbal and written communication skills
- Must be able to manage and prioritize multiple projects with strict time limits on an ongoing basis.
- Strong ability and desire to work in a collaborative team environment
What is it like working at Reach Financial?
Our culture is built around advancing our teams, and we are dedicated to the success and growth of every team member. We believe in retaining a high-performing workforce and we prioritize diversity, intellectual curiosity, and continued learning. Our generous benefits packages reflect that.We’ve been hard at work perfecting our product for years, and now we’re growing faster than ever before. Our strong foundation and company culture is readily equipped for this growth, and we believe that with the right people, our products will continue to help customers make real changes in their financial lives.
What benefits will you receive?
- Remote First Culture with Hybrid opportunities
- Healthcare, Life Insurance, 401k Match
- Paid Time Off, Paid 12-week Parental Leave
- Disability (short-term, long-term), Employee Assistance Program
- Spending Accounts (Transit/Parking, Medical, Dependent Care)
- Insurance Discounts (home, auto, pet)
Reach Financial is an equal opportunity employer that is committed to diversity and inclusion in the workplace. We prohibit discrimination and harassment of any kind based on race, color, sex, religion, sexual orientation, national origin, disability, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws. This policy applies to all employment practices within our organization, including hiring, recruiting, promotion, termination, layoff, recall, leave of absence, compensation, benefits, training, and apprenticeship.
Reach Financial makes hiring decisions based solely on qualifications, merit, and business needs at the time.
