legal
Posted 4 days agoLead, Chime Enterprise Compliance
at Chime
Chicago Usa, United StatesHybrid
Recruiting$15,000
Responsibilities
- Demonstrate comprehensive advisory expertise in consumer financial laws and regulations applicable to Chime’s enterprise and consumer-facing products, including but not limited to: Unfair, Deceptive or Abusive Acts or Practices (UDAAP), Electronic Funds Transfer Act (Regulation E), Truth in Lending Act (Regulation Z), Equal Credit Opportunity Act (ECOA/Regulation B), Fair Credit Reporting Act (FCRA), Truth in Savings Act (Regulation DD), Bank Secrecy Act, and applicable state money transmission laws and
- Lead significant cross-functional compliance efforts with no oversight, serving as the “go-to” resource for compliance guidance across three or more regulatory areas and three or more business lines within the Chime Enterprise product portfolio.
- Own the review and approval of product collateral, user flows, disclosures, and marketing materials, developing and leading standards for review frameworks and working with legal counsel to resolve nuanced and complex compliance issues for Chime’s enterprise and consumer products.
- Drive compliance readiness for product launches by independently identifying regulatory risks and developing creative, scalable mitigation solutions, including liaising with Chime’s issuing bank partners’ compliance and legal teams to secure timely approvals.
- Lead solutioning efforts with business, risk, and operational teams for compliance issues and findings, overseeing end-to-end remediation and ensuring sustainable risk mitigation outcomes across B2B and B2C product areas.
- Create and lead formal cross-functional networks to advance compliance objectives; communicate and persuade diverse senior and executive stakeholders on complex regulatory matters.
- Build and maintain strong relationships with internal and external stakeholders, including Chime’s bank and third-party partners, regulators, and cross-functional leaders, and influence priorities and decisions at Director+ levels.
- Track record of leading cross-functional compliance efforts and influencing priorities and decisions at the Director and senior executive level; recognized internally and by cross-functional teams as a broad compliance subject matter expert.
Requirements
- You will be a go-to compliance resource recognized at the senior executive level and will help set the standard for how compliance integrates with Chime’s product development lifecycle.
- experience in consumer compliance within financial services, fintech, or banking environments, or equivalent
- experience across multiple consumer compliance disciplines, including product compliance advisory, compliance management system governance, or regulatory risk management.
- Demonstrated in-depth regulatory knowledge across three or more areas with major impact to new product development and deep understanding of three or more consumer financial product lines or business segments (e.g., payments, credit, deposits, lending, B2B financial services). 4+ years of
- experience independently advising on design controls and explaining compliance
- Expert skill in developing standards to review and approve product collateral, disclosures, and marketing materials, including working with legal counsel to navigate nuanced and complex regulatory issues for B2B and B2C products.
- Demonstrated knowledge of key regulations including but not limited to: UDAAP, TILA (Reg Z), ECOA (Reg B), FCRA, Electronic Funds Transfers (Reg E), Truth in Savings Act (Reg DD), Bank Secrecy Act, and applicable state money transmission laws and regulations. •
- Experience independently leading solutioning and end-to-end remediation efforts for compliance issues and findings in collaboration with business, risk, and operational teams.
- Excellent analytical, written, and verbal communication skills, including the ability to convey complex regulatory information and persuade diverse senior stakeholders and executive audiences.
- Certified Regulatory Compliance Manager (CRCM), JD, or equivalent designation preferred.
- experience for Chime’s enterprise and consumer customers. #LI-BE1#LI-Hybrid A little about us
Experience
- To thrive in this role, you have 7+ years of
Benefits
- The base salary offered for this role and level of
- experience will begin at $134,000 and up to $175,000.
- Full-time employees are also eligible for a bonus, competitive equity package, and benefits.
- The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.
- 💻 In-office perks including backup child, elder, and/or pet care, plus a subsidized commuter benefit to support your regular commute
- 💰 Competitive salary based on experience
- ✨ 401k match plus great medical, dental, vision, life, and disability benefits
- 🏝 Generous vacation policy and company-wide Chime Days, bonus company-wide paid days off
- 🫂 1% of your time off to support local community organizations of your choice
- 👟 Annual wellness stipend to use towards eligible wellness related expenses
- 👶 Up to 24 weeks of paid parental leave for birthing parents and 12 weeks of paid parental leave for non-birthing parents
- 👪 Access to Maven, a family planning tool, with $15k lifetime reimbursement for egg freezing, fertility treatments, adoption, and more.
Contact
- If you have a disability or special need that requires accommodation during any stage of the application process, please contact: benefits@chime.com .
Additional details
- We are hiring a Lead, Chime Enterprise Compliance to join our Product Compliance team in support of Chime's business-to-business and business-to-consumer product lines and services.
- As a Lead, you will serve as a primary compliance subject matter expert and trusted advisor across Chime's enterprise-facing products, working closely with product, engineering, legal, risk, and operations teams to ensure that new and existing products are developed and launched in compliance with applicable consumer financial laws and regulations.
- In this lead individual contributor role, you will apply deep regulatory expertise across multiple consumer compliance disciplines to advise on product design, marketing, and feature development, lead cross-functional compliance initiatives, and proactively identify and mitigate regulatory risk across Chime’s B2B and B2C product suite.
- Serve as a lead subject matter expert and primary compliance advisor for Chime’s B2B and B2C product lines, including advising product, engineering, legal, and operations teams on compliance
- requirements for new products, features, and marketing with little to no oversight.
- Use expert knowledge to drive the implementation, maintenance, and execution of key compliance program components — including policies, procedures, training, testing, and controls — advocating for collaboration with partner teams at Director+ levels in support of corporate strategic priorities.
- Proactively identify compliance risks and process improvement opportunities across the enterprise and consumer product portfolio, applying strategic thinking to independently make decisions with moderate to significant impact on the team and Chime.
- Serve as a sought-out thought partner by business, risk, and operational teams for compliance process enhancements and issue remediation, consistently viewed in the context of overall company strategy.
- Play an active role in mentoring compliance team members, recruiting new talent, and structuring and leading initiatives to build a positive and inclusive compliance team culture.
- requirements for new products, new features, and new marketing during the development phase, with little to no oversight.