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Senior Compliance Associate - UDAAP image - Rise Careers
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Senior Compliance Associate - UDAAP

About Found

The self-employed workforce is a rapidly growing, resilient, and colorful 60 million Americans. But self-employment comes with its own set of challenges: navigating taxes, accounting, bookkeeping, and business banking are just a few. That’s where we come in.

Found is building tools that give self-employed people the security and peace of mind that has historically only been possible at big corporations. We’re a business bank account that automates taxes and expense tracking because we believe small business owners should spend more time doing what they love and less time on their business finances.

We’re looking for kind, resourceful, and passionate people to join us in building the safety net for self-employment.

About this role: 

Hi, I’m Natalie and I’m the Head of Compliance here at Found. Thanks for your interest in Found! Our team is responsible for regulatory compliance, including Compliance Management System (CMS), Bank Secrecy Act (BSA), Anti-Money Laundering (AML) and Office of Foreign Asset Control (OFAC) compliance. We provide day-to-day advice to business units in order to promote responsible innovation and stay compliant with laws, rules, and regulations. This position will be responsible for assisting with Unfair Deceptive Abusive Acts or Practices (UDAAP) reviews, including, BBB responses, social media, website, affiliate, and marketing. Additionally, this position will be responsible for our UDAAP policy and procedures, monthly testing and monitoring of UDAAP regulation. Moreover, this position will be responsible for maintaining the compliance marketing repository, and assisting during external audits. The individual in this position will be expected to build collaborative relationships with all levels of the organization, both within the compliance department and various business units. I personally review every application, so if you have any questions please include them in your application.

Some recent team accomplishments include: 

  • Conducted the Compliance risk assessment

  • Conducted recertification of policy and procedures

Day to day, you will:

  • Track incoming marketing requests to completion. 

  • Review and approve marketing materials to ensure compliance with UDAAP regulation.

  • Test website and affiliate pages to ensure compliance with UDAAP regulation.

  • Track incoming account level Requests for Information received by regulators, and law enforcement.

  • Conduct monthly UDAAP training for new hires.

  • Communicate with auditors, regulators, and law enforcement officers. 

  • Conduct ongoing UDAAP testing and monitoring, and escalate results and issues as necessary.

  • Prepare monthly UDAAP reporting.

  • Assist with quarterly external Compliance audits.

  • Perform special projects related to compliance as needed.

To thrive in this role, you have:

  • 4-7 years of experience with Compliance Management System requirements

  • 4-7 years of experience with UDAAP requirements 

  • Exceptional eye for detail

  • Proven ability to effectively communicate both orally and in writing

  • Exceptional organizational skills

  • Proven ability to foster a collaborative working environment

You may also have:

  • Previous startup experience or demonstrated technical initiative on previous projects.

  • The ability to effectively communicate with technical and non-technical partners. 

  • Experience or interest in financial services, accounting, self-employment. 

Compensation at Found 

The anticipated salary range for this role is $98,000 - $120,000. The salary range listed represents the low and high end of the anticipated salary range for this position across all US locations. Within the range, individual pay is determined by several factors including job-related skills, experience, and relevant education or training. Our competitive base salary is just a piece of Found’s total compensation package. Found offers a generous benefits package to all employees see our list below or check out found.com/careers to learn more!

About You

Found is built by a team that comes from a variety of backgrounds and experiences, and we firmly believe that diversity, equity, and inclusion are crucial to our success. As we grow, we’re searching for passionate and motivated team members who are excited to bring their skill set to the team and are ready to learn from others.

If you are looking for a role where you will have the opportunity to make a meaningful contribution and great impact, we would love to hear from you!

Perks & Benefits of Found

  • 401K, FSA, and Commuter Benefits: We offer all employees access to tax-efficient benefit options alongside competitive base compensation.

  • Paid parental leave: Found supports employees through all stages of life, which is why new parents employed by Found qualify for 16 weeks of flexible parental leave.

  • Health benefits: Comprehensive medical, dental, and vision benefits and are always 100% covered for employees, 75% covered for dependents.

  • Work anywhere: We have Found offices in SF, Seattle, and NYC. For team members who work outside those cities, Found also supports fully remote working.

  • Meaningful equity: Everyone on our team should feel and act like an owner, which is why Found offers industry-competitive equity to all of our employees.

  • Flexible vacation policy: Vacations, appointments, mental health days- take the time you need, whenever you need to with our flexible time-off policy

To learn more about our benefits or the team please go to found.com/careers.

We’re on a mission to simplify running your own small business for the 60 Million Americans who are self-employed. We’re a business bank account that automates taxes, expense tracking and invoicing so SMB owners can focus on their actual business.

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BADGES
Badge Women LedBadge Rapid Growth
CULTURE VALUES
Customer-Centric
Mission Driven
Diversity of Opinions
Friends Outside of Work
Feedback Forward
Startup Mindset
Transparent & Candid
Flat Organization
BENEFITS & PERKS
Maternity Leave
Paternity Leave
Medical Insurance
Dental Insurance
Vision Insurance
Equity
Unlimited Vacation
Paid Time-Off
FUNDING
SENIORITY LEVEL REQUIREMENT
TEAM SIZE
EMPLOYMENT TYPE
Full-time, remote
DATE POSTED
July 12, 2024

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