Compliance Analyst - San Francisco, United States - Parafin Inc

Description

About Us:
At Parafin, our mission is to grow small businesses.
Small businesses are the backbone of our economy, yet banks do not have their back.

Parafin is a technology company that builds infrastructure which enables small businesses to get easy access to financial services via platforms they sell on.

Parafin's first set of products offer capital-as-a-service for online platforms. Parafin currently powers the capital programs for platforms and payment processors ranging from Series B to post

• IPO companies such as DoorDash, Amazon, Worldpay, Mindbody, Fullsteam, Guesty, Xplor, and Quilt.

We are a tight-knit team coming from organizations such as Stripe, Square, Plaid, Coinbase, Robinhood, Affirm, Uber, and CERN, and are excited both about helping small businesses grow and thrive, and build products that leaders at top companies have started to use every day to grow their platforms.

We are backed by prominent venture capitalists such as Ribbit Capital, Thrive Capital, GIC, Index Ventures, Green Oaks Capital, and SV Angel and have raised more than $94M in equity and $200M in debt.

About the PositionWe are looking for a Compliance Analyst to join the Legal and Compliance team. You will be responsible for building and running the testing and monitoring program for Parafin's financial services products.

We're looking for a true detective, someone who can sift through the data to determine if the program is functioning in alignment with our policies, procedures, and standards.

We also want someone who is comfortable raising red flags if they find them or proving that there are no flags to discover.

This person also knows that the job isn't done with the spotting of issues. They are a collaborative force, escalating where necessary and planning mitigations to put issues to rest.

If this sounds like you, come join usWhat You`ll Be Doing:
Building, designing, and operating testing plans to review the compliance of Parafin's financial services productsMonitor the health of the program and the compliance to Parafin's written policies, procedures, and standardsProactively work through the data to generate your findingsEstablish mitigation plans to complete permanent corrective actions on any issues discoveredWork with Parafin's bank partners to design annual testing plans, and build and share reports with the partnersCollaborate with your Legal and Compliance team mates and other Parafin colleagues to maintain program oversightWhat We`re
Searching For:5+ years of experience in regulatory compliance, business banking, or commercial cardFamiliarity with BSA/AML/OFAC/KYC, UDAP/UDAAP, Fair Lending/ECOA, FDCPA, or customer complaint issues, and deeper subject matter in at least one or two of themDynamic multi-tasker who can juggle multiple priorities and complexities with easeComfort working across various business units and levelsInnovative problem solverAt home working with and in the data to perform your testing; in other words you don't need people to pull things for you, you feel at home yourself gathering what you needAwesome communication skills, both written and verbal

We Prefer If You Have:

Project management experienceExposure to bank regulatory audits and examsKnack for solving regulatory compliance issuesExperience with bank partners and/or banking regulatorsBusiness lending experience at a FinTechBackground working with multiple financial services productsWhat We OfferSalary range: $130k - $145kEquity GrantMedical, dental, & vision insuranceUnlimited PTO & work from home flexibilityFree lunches & snacksCommuter benefitsPaid parental leave401(k)Employee assistance programIf you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.

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