ABOUT US

 Our Product

“Point provides the opportunity to stabilize your financial situation without adding costly monthly payments.” - Homeowner in Burlingame, CA

Here at Point, we’re helping homeowners unlock the equity in their homes without taking on further debt. With an investment from Point, homeowners can de-leverage and diversify their wealth, freeing them up to invest in their business, renovate and maintain their home, eliminate debt, and tackle all of life’s expenses from college tuition to medical bills. Our equity investment product is an advantageous alternative for homeowners and investors alike. When partnering with Point, investors now have access to a brand new asset class - homeowner-occupied residential real estate. Point is the first fintech product that is truly aligned with consumers’ interests - when the homeowner does well, Point and its investors do well.

Our Team

People first

As a consumer fintech company, we embed integrity, transparency, and trust into everything we do at Point, including how we work. Whether you’re a homeowner, investor, employee, or candidate, it’s people who power our business. We keep the human experience top of mind.

Experts at work

We’re on a mission to help the 23 million equity-rich, but cash-constrained Americans tap into their home’s wealth. To do so, we have experience and expertise in all areas of the business, especially at the helm. Point’s leadership have previously founded TrialPay (acquired by Visa), Yub (acquired by Coupons.com), Metails (acquired by Buy.com), SiteAdvisor (acquired by McAfee), Affirm, SendGrid (acquired by Twilio), and TXN (acquired by Envestnet).

Championed by the best

In 2019, Point closed a $22M Series B led by Andreessen Horowitz (a16z), Prudential Financial, and DAG Ventures. We’ve received funding from Ribbit Capital, Greylock, SV Angel, and Bloomberg Beta as well.

THE ROLE

We are looking for an experienced and strategic leader to own the compliance function here at Point.  As Point’s first dedicated full-time compliance professional, you will have an opportunity to build and shape Point’s compliance program for its proprietary home equity investment product as well as its suite of mortgage products.  We need a dynamic builder that naturally gravitates towards scalable, platform-centric, and user-friendly compliance solutions.  Most importantly, you always think about the consumer first.  

As a senior leader within the company you will have a high degree of visibility across the organization, and will regularly interface with product, ops, sales, marketing, engineering, investor operations, finance, and legal.  This position reports to the Head of Legal.

RESPONSIBILITIES

• Design and implement Point’s regulatory compliance system, including:
• policies and procedures; 
• risk assessments; 
• monitoring and testing of compliance controls; 
• administration of corrective action processes; 
• complaint management;  and 
• compliance training programs.
• Provide guidance to the leadership team and all employees on compliance matters and new developments.
• Periodically report to the leadership team and Board of Directors regarding the design, operation, and effectiveness of the company's compliance program.
• Manage and develop a compliance team.
• Maintain awareness  of compliance trends, applicable laws and regulations, and provide practical business solutions that maintain the company's compliance within an evolving regulatory landscape.
• Serve as primary in-house subject matter expert to provide compliance advice and guidance to all staff, addressing any compliance questions.
• Assist with the development of new products and services, or modifications to existing ones, to identify any compliance related issues or new compliance requirements.
• Review marketing materials prior to publication to ensure regulatory compliance.
• Develop and implement compliance training programs for new and existing employees.
• Facilitate regulatory compliance examinations from state regulators.
• Assist with state and federal reporting, such as HMDA or state NMLS reporting.
• Manage and maintain Point’s licensing portfolio.
• Partner with business unit stakeholders to maintain a robust vendor management program.

You Have

• 8+ years of mortgage compliance experience
• Extensive knowledge of federal and state laws impacting mortgage origination and servicing, including but not limited to: Dodd-Frank and CFPB oversight environment, HMDA, Privacy, Fair Credit Reporting, Flood Insurance, AML, OFAC, TILA, ECOA, FCRA, RESPA, Fair Housing Act, Homeowners Protection Act, and predatory lending laws
• Experience building new compliance programs and implementing platform/product changes into origination systems
• Experience building compliance programs within a tech company
• JD and/or CRCM is a plus
• Excellent interpersonal, oral and written communication skills including superior policy drafting skills
• Excellent teamwork, organizational, analytical, and creative problem-solving skills, and personal commitment to quality

PERKS AT POINT

Health Insurance
Point provides platinum-rated plans for medical (Anthem Blue Cross or Kaiser Permanente), dental (Delta Dental) and vision (The Standard). We cover 99% of employee premiums and 75% of dependent premiums.

Transportation
Point participates in the Caltrain GoPass program which provides an unlimited train pass for work and personal travel. Alternatively, team members commuting by car will receive free parking in downtown Palo Alto.

Generous Vacation
Take time for yourself and your family when you want - Point has an unlimited vacation policy. 

Continued Learning
We encourage all team members to attend events hosted by our investors, external workshops and conferences. We believe in continuous improvement and want to support employees on their professional journeys.

Family Friendly
Point will top off California PFL earnings to full salary for up to eight weeks, as well as two weeks of fully paid leave to be available after exhaustion of CA PFL. An employee can take reasonable vacation time in addition to the California PFL leave.

Work From Home Stipends
With employees working remote through June 2021, Point will provide employees a $50 monthly cell phone stipend and a $50 monthly internet stipend. In addition, we will reimburse up to $150 to help you purchase supplies for your home office.