Product Compliance Manager

BlueVine

BlueVine

Product, Legal
Redwood City, CA, USA
Posted on Thursday, May 11, 2023

About Bluevine

Bluevine is on a mission to enable a better financial future for small business owners through innovative banking solutions designed just for them. By combining best-in-class technology with advanced security and a deep understanding of the small business community, we deliver end-to-end banking and lending products that empower always-on entrepreneurs to grow their businesses with confidence.

As a dynamic company with massive potential, we’re backed by leading investors such as Lightspeed Venture Partners, Menlo Ventures, 83North, Citi Ventures, and nearly 9 years of proven success. Since launching in 2013, we have grown exponentially, amassing over 400,000 customers across all 50 states and a global team of more than 500 people. Our passion is driven by purpose: to give small businesses the tools they need to succeed and we’re just getting started.

All of this begins with our team who are driven by collaboration, problem-solving, and learning and growing together. With a commitment to innovation and community impact, our mission is to help every small business—and every team member—thrive. Join us! #LI-Hybrid

This is a hybrid role. At Bluevine, we pride ourselves on our collaborative culture, which we believe is best maintained through in-person interactions and a vibrant office environment. All of our offices have reopened in accordance with local guidelines, and are following a hybrid model. In-office days will be determined by location and discipline.

ABOUT THE ROLE:

Bluevine is looking for a self-motivated individual to join our Compliance team. As a Product Compliance Manager, you will act as primary liaison between business units, product teams and the broader compliance team to initiate reviews, identify dependencies, communicate requirements and manage the end-to-end process from compliance side. The ideal candidate is analytical, results driven, thrives in a fast-paced startup environment and has prior banking or financial institutions experience.

WHAT YOU'LL DO:

  • Provide ongoing compliance support to product, risk, marketing and other operational groups as needed
  • Develop metrics and KPIs to monitor compliance with applicable requirements
  • Maintain all compliance policies, change management and ensure adherence of all requirements
  • Work directly with the business units and broader compliance team to help define and drive compliance requirements across existing and future products/features.
  • Develop standard operating procedures and draft policies to ensure implementation of compliance processes with the relevant business units
  • Liaison with in-house product counsel to collectively evaluate regulatory landscape and implement changes across products as needed
  • Create a framework to streamline product reviews, scope compliance requirements including understanding and communicating implications on existing compliance processes and controls to relevant owners
  • Consolidate all product asks and work with PMs around planning and prioritization
  • Partner with business units with analysis of compliance risks associated with new and existing SMB banking products
  • Lead several compliance initiatives around policies and governance and other projects as required

WHAT WE LOOK FOR:

  • 6+ years of prior experience in compliance in financial institutions or Fintechs; with at least 5+ years managing compliance activities (including AML, BSA program)
  • Knowledge of banking and banking products, Digital banking experience is a plus
  • Experience in working with new product launches
  • Demonstrated knowledge and application of AML/BSA, ECOA/Reg B, ACH, UDAAP, FCRA, and related laws
  • High organizational skills and attention to detail
  • Ability to make sound decisions, use independent judgment, establish priorities, and work effectively on multiple initiatives concurrently
  • Excellent interpersonal and communication skills
  • Managerial experience

New Hire Base Salary Range: $107,500 - $129,000
This role is also eligible to earn annual performance-based incentive compensation in the form of a cash bonus.

BENEFITS AND PERKS - for employees located in the US

  • Excellent health coverage and life insurance benefits
  • 401K with an immediate 3% company match
  • PTO, Company Holidays, and Flexible Holidays
  • Company-sponsored Mental Health Benefits, including 1:1 therapy
  • Over $1,000 annually for a wellness benefit of your choice
  • Monthly WFH stipend
  • Generous, paid parental leave covering up to 16 weeks
  • Access to financial coaches and education sessions
  • Free commuter benefits - Caltrain passes for San Francisco employees and a monthly parking allowance
  • Weekly catered lunches and fully stocked kitchen pantries
  • Community-based volunteering opportunities