Director of Regulatory Compliance

Above LendingChicago, IL

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Overview

Schedule

Full-time

Career level

Director

Remote

Hybrid remote

Job Description

Above Lending is a next-generation financial services company. We provide simple and transparent products aimed at helping our clients achieve their personal finance goals. With competitive rates and personalized support, our mission is to simplify the lending process and help borrowers attain financial well-being. We are committed to making credit more affordable and accessible.

The Director of Compliance plays a crucial role in both leading and executing the company's compliance program. In our lean, dynamic compliance team, this position requires a hands-on approach, combining strategic oversight with direct execution of key compliance functions. The ideal candidate must be comfortable wearing multiple hats, performing individual contributor tasks, and adapting to changing priorities in a fast-paced environment.

This role requires a versatile professional who can seamlessly transition between high-level oversight and hands-on execution of compliance tasks. The successful candidate will be expected to personally perform a wide range of compliance functions while also providing strategic guidance and support business units.

Hybrid in downtown Chicago, 3 days onsite.

You Will:

Compliance Program Management and Execution

Oversee and execute critical aspects of the company's compliance management system
Implement and maintain compliance policies, procedures, and controls across business lines
Directly perform compliance testing and monitoring activities
Manage and participate in the compliance risk assessment process

Risk Assessment and Monitoring

Conduct compliance risk assessments across business lines
Develop and execute test plans to assess compliance with laws, regulations, and internal policies
Personally monitor compliance controls and key risk indicators
Identify compliance gaps and lead remediation efforts

Reporting and Analytics

Develop and track key risk indicators and performance metrics
Prepare and present compliance reports for senior management
Analyze compliance data to identify trends and emerging risks

Regulatory Change Management

Stay abreast of regulatory changes and assess their impact on the business
Update policies and procedures to reflect regulatory changes
Collaborate with legal and business teams to implement compliance changes

BSA/AML and Consumer Protection

Manage and execute day-to-day operations of the BSA/AML compliance program
Conduct BSA/AML risk assessments and enhance the program as needed
Ensure consumer protection practices are embedded in daily operations
Review consumer complaints analysis and implement corrective actions as necessary

Issue Management

Manage the compliance issues tracking and resolution process
Investigate and document compliance issues or violations
Develop and implement corrective action plans

You Have:

Bachelor's degree in Business, Law, or related field
5-7 years of experience in compliance, with a mix of strategic and hands-on operational roles
Strong knowledge of financial services regulations, particularly in fintech and consumer lending
Proven ability to both lead projects and perform detailed individual work
Excellent analytical, problem-solving, and decision-making skills
Strong written and verbal communication abilities
Proficiency with compliance management systems and databases
Ability to work independently, manage multiple priorities, and adapt to changing needs
Comfortable in a lean team environment where flexibility and direct execution are essential

This role is eligible for additional incentives, including an annual bonus. These rewards are allocated based on level, impact and performance in the role. The compensation range is based on the level outlined in the job posting, and compensation decisions are dependent on each applicant's experience, skills and abilities.

Join our dynamic team and contribute to Above Lending’s success as we continue to provide innovative lending solutions to our customers.

Under the California Consumer Privacy Act (“CCPA”), Above Lending is informing California residents who are our job applicants, contractors or prospective employees (together “job applicants”) about the categories of personal information we collect about you and the purposes for which we will use this information. This notice and our Privacy Policy contain important information relating to the CCPA and apply only to personal information that is subject to the CCPA. Please see our website for the full CCPA statement.

*Above Lending is an equal opportunity Employer*

Above Lending does not accept unsolicited resumes from individual recruiters or third-party recruiting agencies in response to job positions. No fee will be paid to their parties who submit unsolicited candidates directly to Above Lending employees or the Above Lending Finance and HR teams. No placement fee will be paid to any third party unless such a request has been made by the Above Lending HR team.

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FAQs About Director of Regulatory Compliance Jobs at Above Lending

What is the work location for this position at Above Lending?

This job at Above Lending is located in Chicago, IL, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at Above Lending?

Employer has not shared pay details for this role.

What employment applies to this position at Above Lending?

Above Lending lists this role as a Full-time position.

What experience level is required for this role at Above Lending?

Above Lending is looking for a candidate with "Director" experience level.

What is the process to apply for this position at Above Lending?

You can apply for this role at Above Lending either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.