Compliance Analyst II
WFA Digital Insight
As the demand for skilled compliance professionals in fintech grows, Affirm is looking for a Compliance Analyst II to join their team. With the fintech industry experiencing a 25% increase in regulatory requirements, professionals with expertise in compliance and risk management are in high demand. Affirm stands out as a leader in the fintech space, offering a unique opportunity for compliance professionals to make a real impact. Before applying, candidates should be aware of the importance of staying up-to-date on regulatory changes and have a strong understanding of consumer financial protections.
Job Description
About the Role
The Compliance Analyst II role at Affirm is a critical position that requires a highly skilled professional to support the company's compliance governance and oversight program. As a key member of the compliance team, the successful candidate will be responsible for credibly challenging Affirm's operations team to mitigate risk and ensure compliance with federal and state regulations. The role involves investigating and responding to operations issues, reviewing consumer complaints, engaging team members, and supporting larger initiatives such as process improvement.The compliance team at Affirm is responsible for designing and implementing a compliance program that proactively addresses regulatory requirements while also identifying potential compliance issues that may arise. The team partners with the business to support new products, markets, and initiatives, as well as issue identification, remediation plans, and risk assessment. Compliance uses multiple data sources to enable informed decision-making, strengthen controls, and support better outcomes for consumers.
Affirm is a remote-first company, offering the flexibility to work from anywhere in the US. The company is committed to providing a simple and transparent pay structure, based on factors such as location, experience, and job-related skills.
What You Will Do
- Review and credibly challenge internal responses to consumer complaints and potential issues from the operations team, guiding them on regulatory requirements such as credit reporting, disputes, bankruptcy, fair lending, and UDAAP
- Review customer complaints to identify root cause, analyze trends, and find opportunities for product and process improvements to fix recurring issues
- Work with cross-functional partners to address compliance concerns and bring to senior management when required
- Assist with metrics reporting and provide input on process improvement
- Support other key compliance and risk management projects as needed
- Collaborate with the operations team to develop and implement effective compliance controls
- Conduct regular audits and risk assessments to identify potential compliance issues
- Develop and maintain compliance training programs for employees
- Stay up-to-date on regulatory changes and updates, and ensure the compliance team is informed and prepared
- Assist in the development of compliance policies and procedures
What We Are Looking For
- 3 to 5+ years of professional work experience in Compliance, Enterprise or Operational Risk, or Audit within a financial services company, Fintech, or regulatory agency
- Inquisitive and proactive approach to proposing creative, effective solutions
- Strong project management, critical thinking, time management, and analytical skills
- Excellent verbal and written communication skills, with the ability to present sophisticated and critical issues
- Strong curiosity about fintech and consumer financial protections
- Ability to work in a fast-paced environment and adapt to changing priorities
- Experience with Excel and other data analysis tools
- Strong understanding of regulatory requirements and compliance principles
Nice to Have
- Experience with compliance management systems and software
- Certification in compliance, such as CCEP or CRCM
- Knowledge of consumer financial protection laws and regulations
- Experience working in a remote team environment
Benefits and Perks
- Competitive base pay, based on factors such as location, experience, and job-related skills
- Equity rewards, with the opportunity to own a part of the company
- Monthly stipends for health, wellness, and tech spending
- 100% subsidized medical coverage, dental, and vision for you and your dependents
- Flexible work arrangements, with the ability to work from anywhere in the US
- Opportunities for professional development and career growth
- Access to a range of training and development programs
How to Stand Out
- Develop a strong understanding of regulatory requirements and compliance principles, and stay up-to-date on changes and updates
- Highlight your experience with data analysis tools, such as Excel, and your ability to present complex data insights
- Showcase your ability to work in a fast-paced environment and adapt to changing priorities
- Be prepared to discuss your experience with compliance management systems and software, and your knowledge of consumer financial protection laws and regulations
- Consider obtaining certification in compliance, such as CCEP or CRCM, to demonstrate your expertise and commitment to the field
- Research the company and its products, and be prepared to discuss how your skills and experience align with the company's goals and mission
This is a remote position listed on WFA Digital, the platform for professionals who work from anywhere. Browse more remote jobs across all categories.