Regulatory Compliance Manager

Purpose Financial•Greenville, SC

1d•Onsite

About The Position

Purpose Financial, Inc. is an innovative consumer financial services company that offers a diverse suite of credit products, promoting financial inclusion and meeting consumers wherever they are. Through its brands, the company is committed to helping customers achieve their version of financial stability in the moment and in the future. Since 1997, Purpose Financial has been a pioneer in the consumer credit and financial services market offering money solutions in over 800 storefronts locations and online lending. Providing services in over 23 states, Purpose Financial employs over 2,500 team members. At Purpose Financial we are always on the lookout for motivated individuals who share in our values of mutual respect to join our team of outstanding professionals. This position reports to the Director of Compliance and is responsible for supporting and managing a variety of regulatory compliance activities across the organization. The Regulatory Compliance Manager will serve as a key contributor by taking full ownership of day-to-day compliance-related items, including regulatory research and interpretation, compliance reviews of consumer-facing materials, document management, training coordination, and communication to fellow colleagues at the corporate office and in the field. This position will require a self-starting, collaborative, and results-driven individual who can operate effectively with minimal oversight.

Requirements

Bachelor’s degree required
5+ years of experience in the legal or compliance department at a bank, financial services company
Excellent written and verbal communications skills
Very organized, detail-oriented
Strong research and writing skills
Competent with spreadsheets (Excel) and (Microsoft) word documents
Adaptability and flexibility to changing environment
Comfortable working in a dynamic, high volume, fast-paced environment
Ability to understand and ensure compliance with policies, procedures, and laws governing the Company’s industry/business and products
Considerable knowledge of Risk/Compliance/Audit competencies
Considerable knowledge of consumer protection laws, rules, and regulations including: UDAAP, TILA, ECOA, etc.
Ability to read, write, evaluate, and apply information
Ability to interact professionally and exhibit appropriate social skills
Ability to develop and maintain business relationships
Must be eligible to work in the USA
Able to pass a background check

Nice To Haves

Certifications relating to consumer financial services or credit reporting a plus

Responsibilities

Research, interpret, and report applicable regulatory changes
Conduct compliance reviews of advertising materials, consumer disclosures, and customer-facing notices for compliance with applicable state and federal rules, statutes, laws, and regulations
Suggest revisions, review, and approve standard operating procedures for product compliance
Review, revise, and approve companywide compliance training materials
Manage a document management program for legally reviewed customer-facing documents
Collaborate with multiple functional areas to assist in driving the completion of company initiatives on behalf of the compliance function
Contribute relevant and concise data and information to board and committee materials
Support complex responses to regulatory agency inquiries
May assist with various other product compliance-related tasks, such as vendor management review, company-wide policies, compliance training, and consumer complaint responses
Other tasks as assigned by management