Compliance Officer
Lendbuzz
Software Engineering, Legal
Boston, MA, USA
Posted on Friday, February 10, 2023
Lendbuzz is a fintech venture based in downtown Boston. We are a diverse team in gender, nationalities, and cultures, speaking eight languages and representing six countries. We are incredibly passionate about the problem we're solving, the clients we're helping, and the exciting future of our company.
Help make this rocket ship go further and faster!
We are looking for a Compliance Officer to join our team in Boston who will enhance and maintain the programs, policies, and tools required to support a fast growing financial technology company. You’ll work across functions and groups to ensure that our program and infrastructure complies with financial and regulatory obligations.
Job Responsibilities
- Coordinate with stakeholders to implement and respond to changing regulatory landscapes such as in the areas of Privacy (California Consumer Protection Act), TILA, debt collection, UDAAP, and the alphabet soup of regulations at a federal and state level.
- Assist in the end-to-end execution of audits and examinations with vendors and regulators, including driving remediation projects, as necessary.
- Operationalize the regulatory compliance program, including, but not limited to compliance with U.S. state and federal laws governing consumer lending.
- Define and maintain policies and procedures, document solutions, and design initiatives.
- Review and evaluate changes to applicable laws and if process changes are required.
- Direct projects to remediate compliance related issues and findings.
- Educate stakeholders as to the applicability of certain laws and their requirements.
- Work to meet state licensing and reporting requirements, as needed.
- Assist in enhancing our service provider and vendor management program.
- Work closely with product, engineering, and legal to design and expand Lendbuzz's products to ensure they meet relevant consumer lending compliance obligations.
- Evaluate issues from third parties, lawsuits, complaints, and stakeholders to determine if additional controls or process changes are required.
- Perform root cause analysis on complaints, and leverage such to enhance our risk and control framework.
- Assist in legal matters as necessary.
Applicant Requirements
- 3+ years of work experience working in a compliance-related role.
- Self starter able to drive projects and communicate effectively with stakeholders.
- Experience working with lending programs.
- The ability to identify and define problems, build project plans to address them, and
- The ability to work efficiently and independently in a fast-paced environment, with the
- Experience managing projects of a cross-functional and/or technically complex nature.
- Interest in financial rules and regulations, and an eagerness to innovate in the spirit of
- Experience working with financial services audits a plus.
- JD preferred but not required.
manage implementation of solutions.
discernibility to escalate urgent issues when necessary.
those restrictions.
We believe:
Diversity is a competitive advantage. We celebrate our differences, and are better when we have a variety of experiences, viewpoints, and backgrounds.
Compassion is a strength. We care about our customers and look to build long-term relationships with them.
Simplicity is a key feature. We work hard to make our forms and processes as painless and intuitive as possible.
Honesty and transparency are non negotiable. We incorporate these traits in all of our interactions.
Financial opportunity belongs to everyone. We work every day to improve lives by extending this opportunity.
If you believe these things too then we would love to hear from you!
See more open positions at Lendbuzz
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