[Remote] Compliance Manager at Mission Lane

United States

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Not SpecifiedCompensation

Mid-level (3 to 4 years), Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, FintechIndustries

Requirements

6+ years of experience in a relevant compliance professional role within a FinTech or other applicable financial services company
Solid working knowledge of key laws, regulations, and industry rules that apply to credit cards, including FCRA/Reg V, TILA/Reg Z, ECOA/Reg B, UDAAP, BSA/AML, and state privacy/servicing laws
Demonstrated ability to effectively synthesize complex regulatory information, communicate risk-balanced outcomes, and influence business partners
Tech-savvy approach and a high degree of mature self-direction, allowing you to prioritize work and adapt quickly to a changing environment
Experience with conducting compliance monitoring, testing, or audit/exam preparation
Proficiency with basic computer applications, including Google Suites and Microsoft Office products
Preferred Qualifications
Experience as a financial institution compliance professional within a national bank
Specific experience in new customer acquisition, marketing, and credit compliance
Professional certification such as the American Bankers Association Certified Regulatory Compliance Manager (CRCM) and/or Certified Anti-Money Laundering Specialist (CAMS)
Experience or deep familiarity with the application of fair lending principles in credit model design and acquisition strategies

Responsibilities

Lead the compliance review and approval process for customer-facing materials, including marketing content, new product features, and essential customer communications
Develop and execute components of the Compliance Management Program, focusing on effective control monitoring in key business areas and providing clear, actionable recommendations for improvement
Advise business partners on requirements for developing and monitoring automated compliance tools and alerts, staying ahead of risks and driving efficiency through technology
Conduct and document fair lending assessments for credit models and operational processes, ensuring equitable access to our products
Act as a key liaison and advisor to business teams on emerging and existing compliance matters, fostering a culture of proactive compliance and risk awareness
Contribute to core compliance functions such as risk assessments, policy documentation, compliance training, and supporting audit responses
Mentor and share expertise with peers to continually elevate the team’s overall effectiveness
Deliver clear, risk-balanced reporting and recommendations to business leaders

Skills

Key technologies and capabilities for this role

Compliance ReviewRegulatory ComplianceFair LendingRisk AssessmentCompliance ManagementControl MonitoringMarketing ComplianceCustomer CommunicationsCredit ModelsAutomated Compliance Tools

Questions & Answers

Common questions about this position

What experience is required for the Compliance Manager role?

Candidates need 6+ years of experience in a relevant compliance professional role within a FinTech or other applicable financial services company, along with experience conducting compliance monitoring, testing, or audit/exam preparation.

What key regulations must I know for this position?

You need solid working knowledge of key laws like FCRA/Reg V, TILA/Reg Z, ECOA/Reg B, UDAAP, BSA/AML, and state privacy/servicing laws that apply to credit cards.

What is the salary for the Compliance Manager position?

This information is not specified in the job description.

Is this Compliance Manager role remote or office-based?

This information is not specified in the job description.

What makes a strong candidate for this Compliance Manager role?

A strong candidate is a detail-oriented problem-solver, collaborative relationship-builder, and expert regulatory advisor with demonstrated ability to synthesize complex regulatory information, communicate risk-balanced outcomes, influence business partners, and take a tech-savvy, self-directed approach.

Mission Lane

Provides transparent credit solutions and education

About Mission Lane

Mission Lane LLC offers credit cards designed to help individuals build or rebuild their credit, particularly those with limited credit history or financial setbacks. Their products feature no hidden fees, no security deposits, and instant approval decisions, making them more accessible than traditional credit cards. The company stands out by providing free access to credit scores and educational resources, helping clients improve their creditworthiness. Mission Lane's goal is to promote responsible credit use by rewarding good financial behavior with higher credit limits over time.

Richmond, VirginiaHeadquarters

2018Year Founded

$687.8MTotal Funding

LATE_VCCompany Stage

Fintech, Financial ServicesIndustries

201-500Employees

Benefits

Full health, dental, and vision benefits

FSA

Paid parental leave

401k with company match

Generous PTO

Flexible work schedule

Risks

Increased competition from fintechs could erode Mission Lane's market share.

Economic downturns may lead to higher default rates, impacting profitability.

Rapid tech advancements require continuous updates, straining Mission Lane's resources.

Differentiation

Mission Lane offers credit cards with no hidden fees or security deposits.

Instant credit card application decisions reduce customer anxiety and waiting times.

Partnership with Plaid enhances access to over 7,000 financial apps and services.

Upsides

Recent $150 million investment supports aggressive expansion and product development.

Credit Builder Account offers unique value with no fees or interest for credit improvement.

Brandon Black's appointment as CEO brings strategic growth and operational excellence.

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