Senior Compliance Manager

At Possible, we’re building a new type of consumer finance company; one that helps our customers stay out of debt rather than profit from their staying in it. We are a Public Benefit Corporation with the mission to help communities unlock economic mobility through affordable credit products crafted to improve financial health for generations. Join the team that’s making our goal a reality.

Founded in 2017, our lead VCs are Canvas and Union Square Ventures. We have over 100,000 reviews on the App Store, with an average rating of 4.8 stars. Since our founding, we have redefined how people approach small-dollar loans—delivering over $1 billion in funding to more than 1 million customers, issuing over 4 million loans, and saving our customers more than $500 million.

The Legal and Compliance team is a leanly staffed, high functioning and collaborative team. We protect the company from risk while also providing practical guidance to our business partners, helping to foster innovation and growth. Each member of the team is empowered to bring forth new ideas, make changes to or implement new processes and act as a key advisor on business and team strategy.

We are looking to expand our Compliance team with a person who will help oversee regulatory compliance of our products and services. This person will have a senior role on the compliance team, taking ownership of several aspects of our Compliance Management Program, including the development of policies, procedures, testing, monitoring, and training.

• Assist in the development and implementation of the Compliance Management Program for Possible’s products and services
• Coordinate compliance risk assessments to identify and measure compliance risks and the adequacy of controls to mitigate any risks
• Lead creation and execution of monitoring, testing, and reporting to identify and remediate deficiencies
• Participate and assist in discussions with leaders on compliance matters, including strategic priorities, risk assessments, regulatory change management, compliance monitoring and testing, training, issues management, consumer complaints, and third-party risk
• Assist with compliance audits and regulatory examinations and lead corrective actions and remediation efforts

• Minimum of 7 years in regulatory compliance, with experience in banking or consumer finance compliance
• Bachelor’s or higher degree; Certified Regulatory Compliance Manager (CRCM) is a plus
• Experience developing and/or executing a Compliance Management System (CMS) including risk assessment, monitoring and testing, training, complaint and issues management
• Working knowledge of federal consumer protection laws and regulations to include but not limited to ECOA, TILA, FCRA, FDCPA, EFTA, ESIGN, SCRA/MLA, GLBA, UDAAP, and Fair Lending
• Working knowledge of consumer lending and/or payment operations
• Experience with fintech bank partnership model preferred
• Excellent oral and written communication skills
• Adaptable to new technologies and platforms, and able to work in a fast-paced and changing environment

With the backing of our venture investors— Union Square Ventures, Canvas Ventures, Euclidean Capital, and Unlock Venture Partners — a dedicated following of hundreds of thousands of customers, and an extraordinary team, we are unwavering in our fight for financial fairness. As one of only a few FinTech Public Benefit Corporations, we’ve baked our dual dedication to building a profitable and socially impactful company into our charter; we only succeed when our customers do too. Give us a shout if you’d like to help us ship financial products that protect consumers from predatory lending practices and promote economic health.

The compensation range for this role is $144,450 - $152,475. We also offer significant stock options, comprehensive benefits, a bonus plan, commuter benefits, and an excellent office space with complimentary drinks and food options.