Compliance Specialist

United States

Apply with AI Apply

Not SpecifiedCompensation

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

Full TimeJob Type

UnknownVisa

Fintech, Financial Services, Consumer LendingIndustries

Requirements

Candidates should possess at least 2 years of compliance experience, with a preference for consumer lending, banking, or fintech backgrounds. Hands-on experience in marketing compliance, complaint tracking, and supporting bank/institution audits is necessary. Familiarity with consumer lending and servicing regulations such as TILA and ECOA is also required.

Responsibilities

The Compliance Specialist will review marketing collateral to ensure alignment with consumer protection and financial regulations. They will also assist in managing customer complaints, stay current with consumer lending regulations, and monitor their implementation. Additionally, the role involves providing audit responses and documentation to bank partners, administering compliance tools like Alloy and PerformLine, and leveraging AI for research and process improvements. Collaboration with cross-functional teams to enhance compliance processes and training materials is also a key responsibility.

Skills

Compliance

Regulatory requirements

Risk management

Financial regulations

Consumer lending

Fintech

Wisetack

Consumer lending platform for point-of-sale financing

About Wisetack

Wisetack operates in the financial services sector, focusing on consumer lending by providing businesses with a platform to offer real-time financing options at the point of sale. This enables customers to make purchases and pay over time, while businesses receive payment upfront, reducing the risk of late or missed payments. The primary clients are businesses across various industries, such as plumbing, electrical services, and auto detailing, which require upfront payment for their products or services. Wisetack integrates its technology directly with the business software of its clients, allowing customers to apply for financing quickly and securely without the business needing to manage sensitive information. This model benefits both parties: businesses get paid immediately, and customers enjoy a clear and friendly payment option. Wisetack generates revenue by charging businesses a fee, typically a percentage of the transaction amount, for using its platform.

San Francisco, CaliforniaHeadquarters

2018Year Founded

$100.6MTotal Funding

LATE_VCCompany Stage

Fintech, Financial ServicesIndustries

51-200Employees

Benefits

Remote Work Options

Company Equity

Risks

Competition from platforms like YouLend may reduce Wisetack's market share.

Economic uncertainty could decrease consumer demand for financing services.

Dependence on partner platforms means strategic changes could impact Wisetack's operations.

Differentiation

Wisetack integrates financing options directly into existing business software platforms.

It offers real-time financing at the point of sale, ensuring businesses get paid upfront.

Wisetack's model reduces risk for businesses by handling sensitive customer information securely.

Upsides

Growing demand for embedded finance in home services boosts Wisetack's market potential.

Partnerships with platforms like JobNimbus expand Wisetack's reach in construction sectors.

Collaboration with Citizens Financial Group enhances Wisetack's B2B2C service offerings.

Land your dream remote job 3x faster with AI

Try Jobo Free