Compliance Program Manager, Flex
$135-155k
+ Stock Options
2-3 days a week in office
Flexible rent payment application
Open for applications
Flexible rent payment application
501-1000 employees
Open for applications
$135-155k
+ Stock Options
2-3 days a week in office
501-1000 employees
Company mission
Flex's mission is to empower as many renters as possible with flexibility over their most significant recurring expense.
Role
Who you are
- The ideal candidate will be organized, self-motivated, and have strong analytical skills, as well as well-demonstrated relationship building skills and the ability to communicate and present information to all levels of management
- A minimum of 4 years of Compliance experience, preferably with diverse experience in both large banks or financial institutions as well as FinTechs
- Strong communication skills, attention to detail, and project management skills strongly preferred
- Experience completing or managing Compliance-based tasks or projects
- Deep expertise in Compliance Functions, such as Auditing, Testing and Monitoring, Licensing and Examinations, Issues Management, Policy and Procedure development, Risk Assessments and/or Vendor Management
- The ability to effectively identify and prioritize key business initiatives and opportunities within the Compliance team, and independently own those initiatives through completion
- Proficiency in Google Suite and CRM
What the job involves
- Flex Compliance is seeking an experienced and qualified compliance professional to fill the role of Compliance Program Manager to help implement and expand the existing CMS program
- This role is responsible for performing a variety of duties to assist Flex with compliance of internal policies and procedures as well as applicable laws, and regulations.
- Accordingly, this role will also assist the business in performing risk management activities, developing, and enhancing controls to reduce risk across the company.
- This role is hybrid with on-site expectations of 2-3 days per week in our New York Headquarters
- Assist the VP of Compliance in the development, implementation, maintenance and monitoring of Flex’s compliance management system to ensure consistent adherence to all applicable federal and state regulatory requirements impacting operations and customers
- Assist in the development of a strong change management process for the communication and implementation of new regulatory requirements, products, services, and programs
- Maintain a current knowledge of all Flex product-related federal and state laws and regulations and monitor legislative and regulatory developments. Coordinate the gathering of information requested during consumer compliance examinations and develop responses to any related findings
- Conducting product- and process-specific risk assessments and partnering with our banking partner to create and execute an external-audit schedule
- Helping onboard new vendors, conduct risk assessments and due diligence reviews, and manage the ongoing vendor management schedule year-over-year
- Liaising with Flex’s banking partner in all facets of the business: audits, reporting, product management and development, vendor relationships
Our take
Many people struggle to pay their rent every month, with a variety of bills hitting their bank accounts simultaneously. Whilst many of these people earn enough money to cover their bills, the inflexible nature of monthly bills can make the all-in-one payment a harder obstacle.
Flex provides a mobile application for the flexible payment of rent, allowing users to pay their landlords through flexible payment plans, reschedule payments when necessary, and protect their funds through Overdraft Protection. The company achieves this by partnering with estate agents and paying their resident's bills upfront, taking on the challenges that landlords would normally have due to late payments.
Flex has experienced extremely rapid growth since its founding which has caused some issues, as it struggled to keep up with the surge in new customers. Having made improvements to its product and scaled its customer service team, it is set to continue providing a service that has come to be highly valued by both tenants and landlords.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 5 rounds)
Feb 2022
$160m
SERIES C
Apr 2021
$46.6m
SERIES B
Total funding: $225.1m
Company benefits
- 100% company-paid medical, dental, and vision
- 401(k) + company stock options
- Unlimited paid time off + company paid holidays
- Parental leave + IVF and adoption support
- Flex Cares Program: Non-profit company match + pet adoption coverage
- Pet Insurance
- Free Flex subscription
Company HQ
Midtown Manhattan, New York, NY
Leadership
Shragie Lichtenstein
(CEO)Experience working in venture capital investments for Point72 and TVC. Also co-founded Boundless Reality.
YeTong Shao
(CPO)Experience as Data Science Researcher. Also co-founded Boundless Reality.
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