Compliance Paralegal, DailyPay
$80-104k
+ Equity
On-demand pay platform
Job no longer available
On-demand pay platform
501-1000 employees
Job no longer available
$80-104k
+ Equity
501-1000 employees
Company mission
To build a new financial system that starts working, the minute work starts.
Role
Who you are
- DailyPay is looking for an organized, detail-oriented, and collaborative compliance paralegal with experience reviewing and coordinating RFP responses, license and registration filings, compliance department workflows, and strong writing and communication skills
- Bachelor’s Degree required
- Ability to take initiative, operate independently, and work cross-functionally
- Strong time management and project management skills
- Highest level of accuracy and close attention to detail
- The highest degree of professionalism, integrity, and ethical judgment
- Team player and strong multi-tasker able to support the overall needs of the Compliance team
What the job involves
- You will be a key member of DailyPay’s Compliance team, reporting directly to the Associate Compliance Counsel. You will also work closely with various DailyPay departments, including Legal, public policy, revenue, marketing, product, information security, and People Operations
- Conducting due diligence reviews on employers and partners and assisting with creating and documenting processes for KYC reviews
- Assisting with RFP responses
- Managing updates to Compliance policy changes and tracking Compliance training
- Assisting with Board and regulatory reporting
- Assisting with marketing reviews and UDAAP compliance
Our take
DailyPay hopes to transform the financial system through providing enterprises with on-demand pay solutions, including a raft of market-leading products and programs.
The fast-growing on-demand pay sector is fuelled both by added financial stressors for employees post-pandemic, and a real employee appetite for on-demand pay - in addition to hopes it will combat the draw of predatory payday loans. Multiple surveys suggest over half consider it an attractive benefit. This should incentivize adoption, as companies are likely to enjoy a competitive edge when it comes to employee recruitment and retention.
DailyPay’s leading reputation has, fortunately, attracted larger businesses who can take the hit, like Macdonalds, Kroger, and Lidl. The company has raised impressive funds which are cited to support domestic growth and international growth. This will allow DailyPay to invest in further product innovation.
Steph
Company Specialist at Welcome to the Jungle
Insights
-20% employee growth in 12 months
Company
Funding (last 2 of 7 rounds)
Jan 2024
$75m
LATE VC
May 2021
$175m
SERIES D
Total funding: $279.8m
Company benefits
- 401(K) with 4% match
- Unlimited PTO
- Medical, Dental & Vision Plans
- Annual Learning Stipend
- DailyPay for DailyPay
Company HQ
Financial District, New York, NY
Leadership
Kevin Coop
(CEO, not founder)Previous President, North America for Dun & Bradstreet and Group Exec and President at Black Knight. Was also the President of the Financial Services Division at Verisk.
Salary benchmarks
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