Hybrid Director of Regulatory Compliance

at Above Lending

• Job title: Director of Regulatory Compliance
• Job type: Full Time
• Experience level: Lead
• Salary: $140,000 - $190,000 per year
• Degree requirement: Bachelor's Degree
• Location requirements: Hybrid, Chicago, United States

About the role

• Director of Compliance leading execution of compliance program at Above Lending. Overseeing compliance management and regulatory changes in a fast-paced environment.

Responsibilities

• Oversee and execute critical aspects of the company's compliance management system
• Implement and maintain compliance policies, procedures, and controls across business lines
• Directly perform compliance testing and monitoring activities
• Manage and participate in the compliance risk assessment process
• Conduct compliance risk assessments across business lines
• Develop and execute test plans to assess compliance with laws, regulations, and internal policies
• Personally monitor compliance controls and key risk indicators
• Identify compliance gaps and lead remediation efforts
• Develop and track key risk indicators and performance metrics
• Prepare and present compliance reports for senior management
• Analyze compliance data to identify trends and emerging risks
• Stay abreast of regulatory changes and assess their impact on the business
• Update policies and procedures to reflect regulatory changes
• Collaborate with legal and business teams to implement compliance changes
• Manage and execute day-to-day operations of the BSA/AML compliance program
• Conduct BSA/AML risk assessments and enhance the program as needed
• Ensure consumer protection practices are embedded in daily operations
• Review consumer complaints analysis and implement corrective actions as necessary
• Manage the compliance issues tracking and resolution process
• Investigate and document compliance issues or violations
• Develop and implement corrective action plans

Requirements

• Bachelor's degree in Business, Law, or related field
• 5-7 years of experience in compliance, with a mix of strategic and hands-on operational roles
• Strong knowledge of financial services regulations, particularly in fintech and consumer lending
• Proven ability to both lead projects and perform detailed individual work
• Excellent analytical, problem-solving, and decision-making skills
• Strong written and verbal communication abilities
• Proficiency with compliance management systems and databases
• Ability to work independently, manage multiple priorities, and adapt to changing needs
• Comfortable in a lean team environment where flexibility and direct execution are essential

Benefits

• This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role.