Senior Compliance Associate, Product

Posted 10 Days Ago
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San Francisco, CA
1-3 Years Experience
Fintech • Machine Learning • Mobile • Security • Software • Analytics • Data Privacy
We unite everyday people to unlock their financial progress.
The Role
As a Senior Compliance Associate at Chime, you will support product development by ensuring compliance with consumer laws and regulations, advising teams, evaluating compliance processes, and maintaining relationships with stakeholders. You’ll focus on the evolving regulatory landscape impacting Chime's payments and credit card products.
Summary Generated by Built In

About the role 

We are hiring a Senior Compliance Associate to join our Product Compliance team to support the exciting products and services at Chime. a focus on payments and credit cards. As a Senior Compliance Associate, you will support new and existing Chime product development by advising product, engineering, and operational teams on compliance, risk, and control development and strategies for product compliance.  You will monitor the evolving regulatory landscape and advise enhancements to existing Chime products, services, and brand to remain compliant as they continue to scale.  You’ll also collaborate with our issuing bank partners’ legal and compliance teams, to facilitate quality and innovative compliance risk management solutions. 

The base salary offered for this role and level of experience will begin at $103,680.00 and up to $144,000.00. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.

In this role, you can expect to

  • Demonstrate advisory and experience with consumer laws and regulations related to consumer financial products to ensure Chime’s adherence and compliance with, but not limited to, the Truth In Lending Act (Regulation Z), Unfair, Deceptive or Abusive Acts or Practices (UDAAP), Electronic Funds Transfer Act (Regulation E), and Truth in Savings Act (Regulation DD), and other applicable rules and regulations.
  • Work closely with cross-functional teams to integrate compliance measures into new  and existing Chime products and features to meet relevant financial partner and regulatory compliance obligations.
  • Play a crucial role in evaluating product compliance, ensuring that the processes align with legal and regulatory requirements, leading to the early identification and sustainable mitigation of product risk.
  • Work cross-functionally to drive remediation efforts for products within your defined scope.
  • Support the compliance function in defining and achieving departmental initiatives, maintaining relevant policies and procedures, developing documentation solutions, and liaising with auditors.
  • Establish and maintain strong relationships with internal and external stakeholders.

To thrive in this role, you have

  • 5 or more years of experience in banking, credit, payments, or deposits, or equivalent experience in product compliance. Fintech experience is a plus. 
  • Demonstrated knowledge of key regulations including but not limited to: UDAAP, FTC compliance, TILA (Reg Z), VISA  rules, Electronic Funds Transfers (Reg E), FCRA, various state money transmission laws and regulations.
  • Experience researching, interpreting, and applying financial services rules, regulations, and industry standards practices. 
  • Excellent analytical, verbal and written communication skills.
  • Experience independently executing quality, timely compliance management system components. 
  • Ability to develop solutions and advise on  issues, with minimal oversight from your leadership team.
  • A creative mind for finding solutions that ensure the best experience for our members.
  • A desire to collaborate and have the ability to influence both your colleagues and external partners to achieve consensus on regulatory risk issues and appropriate mitigation. 

A little about us

At Chime, we believe that everyone can achieve financial progress. We’re passionate about developing solutions and services to empower people to succeed. Every day, we start with empathy for our members and stay motivated by our desire to support them in ways that make a meaningful difference. 

We created Chime—a financial technology company, not a bank*-- founded on the premise that basic banking services should be helpful, transparent, and fair. Chime helps unlock the access and ability our members need to overcome the systemic barriers that block them from moving forward. By providing members with access to liquidity, rewards, and credit building, our easy-to-use tools and intuitive platforms give members the ability to have more control over their money and to take action toward achieving their financial ambitions.

So far, we’re well-loved by our members and proud to have helped millions of people unlock financial progress, whether they started a savings account, bought their first car or home, opened a business, or went to college. Every day, we’re inspired by our members’ dreams and successes, big and small. 

We’re uniting everyday people to unlock their financial progress—will you join us? 

*Chime partners with The Bancorp Bank and Stride Bank, N.A., Members FDIC, that power the bank accounts used by Chime Members.

What we offer

  • 🏢 A thoughtful hybrid work policy that combines in-office days and trips to team and company-wide events depending on location to ensure you stay connected to your work and teammates, whether you’re local to one of our offices or remote
  • 💻 Hybrid work perks, like UrbanSitter and Kinside for backup child, elder and/or pet care, as well as a subsidized commuter benefit
  • 💰 Competitive salary based on experience
  • ✨ 401k match plus great medical, dental, vision, life, and disability benefits
  • 🏝 Generous vacation policy and company-wide Take Care of Yourself Days 
  • 🫂 1% of your time off to support local community organizations of your choice
  • 🧠 Mental health support with therapy and coaching through Modern Health
  • 👶 16 weeks of paid parental leave for all parents and an additional 6-8 weeks for birthing parents
  • 👪 Access to Maven, a family planning tool, with up to $10k in reimbursement for egg freezing, fertility treatments, adoption, and more.
  • 🎉 In-person and virtual events to connect with your fellow Chimers—think cooking classes, guided meditations, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!
  • 💚 A challenging and fulfilling opportunity to join one of the most experienced teams in FinTech and help millions unlock financial progress

We know that great work can’t be done without a diverse team and inclusive environment. That’s why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals.

We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. Chime is proud to be an Equal Opportunity Employer and will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance, Cook County Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation, please let us know. 

To learn more about how Chime collects and uses your personal information during the application process, please see the Chime Applicant Privacy Notice. 

#LI-BE1 #LI-Hybrid

What the Team is Saying

Monchette
Jay
Archana
Evan
Candice
The Company
San Francisco, CA
1,336 Employees
Hybrid Workplace
Year Founded: 2012

What We Do

Chime was created because we believe everyone can unlock financial progress, and we want to develop solutions and services to empower people to succeed. The premise upon which we started Chime is simple: basic banking services should be helpful, transparent, and easy. Our easy-to-use tools and intuitive platforms give members the ability to have more control over their money and to take action toward achieving their financial ambitions.

By designing a member-centric banking app with easy-to-understand financial tools, we’re creating a more competitive market with options for everyday Americans. We offer access to accounts with no overdraft fees, provide members the chance to receive their pay up to 2 days early* with direct deposit, help them build credit history, and build financial literacy to hit their goals—among many other things.

Since 2012, we’ve grown our team to more than 1500 Chimers across 3 offices. But more than that, we’ve expanded the products and services we offer to our members based on member feedback. And in doing so, we’ve disrupted the banking industry and changed the conversation for everyday people about money on a national level.

Chime is a financial technology company, not a bank. Banking services are provided by The Bancorp Bank, N.A. or Stride Bank, N.A., Members FDIC.

*Early access to direct deposit funds depends on the timing of the submission of the payment file from the payer. We generally make these funds available on the day the payment file is received, which may be up to 2 days earlier than the scheduled payment date.

Why Work With Us

Working at Chime means keeping our values in mind, putting our members first, and striving for long-term growth and success. To that end, we’re building an inclusive workplace where all perspectives and experiences are welcome on our team and creating an environment where every Chimer can thrive.

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Chime Offices

Hybrid Workspace

Employees engage in a combination of remote and on-site work.

We offer a thoughtful hybrid work policy that combines in-office days and trips to team and company-wide events depending on location to ensure you stay connected to your work and teammates, whether you’re local to one of our offices or remote.

Typical time on-site: 2 days a week
San Francisco, CA

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