Compliance Manager, Greenlight
$135-150k
The total compensation package for this position will also include a discretionary performance bonus and equity. Salary dependent on location.
Debit card for kids and teens
Be an early applicant
Debit card for kids and teens
501-1000 employees
Be an early applicant
$135-150k
The total compensation package for this position will also include a discretionary performance bonus and equity. Salary dependent on location.
501-1000 employees
Company mission
Shine a light on the world of money for families and empower parents to raise financially-smart kids.
Role
Who you are
- Experience with prepaid card programs and/or fintechs in a consumer compliance role
- Familiarity with consumer protection regulations and agencies, including but not limited to Regulation E, FTC, UDAAP, CAN-SPAM, CFPB, EFTA, and ECOA
- Advanced skills in reviewing and editing written materials including policies, procedures, presentations, trainings, and testing reports
- Previous investment advisory compliance experience a plus, but not required
- Familiarity with Google Workspace/G Suite, compliance management tools
- Strong attention to detail while maintaining the big picture
- Partner with other functional areas to accomplish objectives
- Ability to work on multiple projects concurrently and maintain deadlines in a fast-paced work environment
- Willingness to learn as the department and company grows
- Bachelor’s degree in business, finance, pre-law or other relevant field and six (6) years of experience in Compliance and/or the financial services industry or equivalent combination of education and experience
What the job involves
- We are expanding our compliance team at Greenlight and looking for a Compliance Manager who will report directly to our Chief Compliance Officer. This person will supervise a team of 1-3 persons and develop strong rapport with business counterparts and colleagues
- Oversee elements of the Greenlight consumer compliance program to ensure regulatory requirements are addressed by marketing, product and business processes
- Participate in the regulatory change management process, which includes identifying regulatory changes, determining applicability, communicating with stakeholders, and tracking implementation
- Manage risk assessment process for the consumer compliance program, provide support during audits and regulatory examinations and ensure implementation of any resulting new policies and procedures
- Assist management with implementation of appropriate controls, policies and procedures to detect and address potential compliance gaps
- Work with Product to assess and implement new features, services, technologies and initiatives
- Oversee and manage the review and approval of marketing materials in accordance with compliance requirements, company policies, applicable regulations, and partner requirements
- Establish internal testing of consumer-facing screens, ensuring they remain in place as approved
- Refine and oversee processes for consumer complaint tracking, Reg E disputes, the onboarding of new tools
- Act as subject matter expert regarding company marketing and product compliance policies and procedures and provide guidance and training to company employees
- Partner with Legal and Privacy on creation and updates to consumer facing agreements, disclosures/disclaimers, consents, promotions, contests, and sweepstakes
- May serve as compliance liaison on various committees and projects representing the interest of the departments
- Ability to manage, coach, train, and mentor other compliance associates, even if not direct reports
Our take
Greenlight was built to help parents raise financially-smart kids. It’s a gap in a generation’s education for which a new sector of ‘family finance’ is emerging to combat.
The company serves millions of parents and kids with accounts distinguished by their easy-to-use money management tools and educational resources. Even Viola Davis, famed actress, told Jimmy Kimmel that she uses the fintech startup’s services to teach her daughter financial lessons.
Greenlight is now looking to expand its suite of products into more lucrative verticals. In particular, 2022 saw the launch of its first credit card product for parents. Like most credit cards, it will offer cashback (up to 3% on all purchases).
The supposed difference between Greenlight’s offering and others is that this cashback can automatically be directed to investment opportunities, framed as helping parents save for their children’s education. Greenlight’s advantage is the trust it has earned from millions of families. The startup’s long-term success will be determined by whether it can release these lucrative products without tarnishing this trust.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-3% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Apr 2021
$260m
SERIES D
Sep 2020
$215m
SERIES C
Total funding: $595.6m
Company benefits
- Medical, dental, vision and FSAs
- Unlimited, flexible time off
- Generous employer 401(k) match and equity
- 16-week paid parental leave
- Ongoing learning and development
- Remote-friendly work environment
Company values
- Be bold
- Make your mark
- Win together
- Live the mission
Company HQ
Hotel District, Atlanta, GA
Articles
Leadership
Tim Sheehan
(CEO)Previous leadership experience at Yahoo Finance, E*TRADE, Fiserv and more.
Johnson Cook
(President)Been an active angel investor and community leader in Atlanta for over two decades.
Share this job
View 1 more job at Greenlight