Compliance Specialist

Lendbuzz • Boston, MA

13d • $85,000 - $90,000

About The Position

At Lendbuzz, we believe financial opportunity should be more personalized and fair. We develop innovative technologies that provide underserved and overlooked borrowers with better access to credit. From our employees to our dealers, partners, and borrowers, we’ve built a company and a culture around a resolute belief in the promise and power of diversity. We value independent and critical thinking.

This role is part of the compliance team, contributing to the core function of mitigating risk and ensuring the company's adherence to applicable laws and regulations. The primary focus is supporting the handling of complaints, examinations, legal requests, controls testing, and audits. The ideal candidate will possess strong organizational, reporting and analytical skills, along with experience in the financial services or auto lending sector, particularly in compliance and legal.

Requirements

• Proven experience in a compliance, legal, or operational role, preferably within the financial services, fintech, or automotive lending industry.
• Demonstrated ability to investigate, manage and draft responses to complaints, examinations, and audits.
• Knowledge of federal and state consumer financial protection laws (e.g., TILA, ECOA, FCRA, UDAAP, GLBA).
• Strong written and verbal communication skills, with the ability to articulate issues clearly and concisely.
• Excellent organizational skills, attention to detail, and a proven track record of managing multiple time-sensitive projects simultaneously.
• Responsible for performing analysis on compliance activities and generating reports for stakeholders.
• Bachelor’s degree
• Minimum experience of one to three years.

Nice To Haves

• Relevant professional certification (e.g., CAMS, CRCM) or masters degree, a plus.
• Experience in handling and responding to legal requests, a plus.

Responsibilities

• Regulatory Exams: Coordinate regulatory examinations by preparing the initial request list documentation, compiling loan files, and responding to additional requests.
• Complaints: Manage regulatory complaints, including conducting thorough investigations, gathering all necessary documentation, and preparing timely, well-supported responses.
• Audits: Support compliance audits by coordinating responses to initial request list documentation, compiling loan files and addressing and escalating follow up requests.
• Policy & Procedure: Assist in the maintenance and revision of company compliance policies and procedures.
• Controls Testing: Execute internal controls testing, assisting in the identification of risks within the organization, testing associated controls, and reporting on the results.

What This Job Offers

• Job Type: Full-time
• Career Level: Entry Level