Compliance Associate - Monitoring and Testing

OppFi is a tech-enabled, mission-driven specialty finance platform that broadens the reach of community banks to extend credit access to everyday Americans. Through best-in-class customer service, transparency, responsible lending, and financial inclusion, we support consumers, who are turned away by mainstream options, to build better financial health.

We are a team of caring, innovative, and inclusive individuals who thrive in being immersed in diverse talents, expertise, perspectives, and backgrounds. Our employees approach every new challenge with an unparalleled ability to see what could be rather than settle for what is. Our business principles guide us and create an open and collaborative culture where we improve 1% every day, and the best ideas always win! We welcome individuals who want to make an impact in the financial system by facilitating credit access, expanding financial inclusion, promoting financial health, and delivering exceptional customer service.

A few other fun facts about us. OppFi is one of the top consumer-rated financial platforms online, maintaining a 4.5/5.0-star rating on Trustpilot. We are a 2023 Crain’s Fast 50™ company and were named on Built In's 2024 Best Places to Work in Chicago.

What you get to do: Second line monitoring and testing against applicable State and Federal regulations as part of our Compliance Management System Assess compliance risk through performing in-depth analysis of accounts, policies, procedures, marketing material, complaints, reports, and more. Collect data, files, and other materials for monitoring and testing Work in collaboration with Business Compliance Officers and other team members in different phases of testing and monitoring including planning, execution, reporting, and follow-up Assess the material, report on the findings, provide recommendations, and ensure escalation when needed Work with Issues Management Team to ensure issues are recorded Draft concise reports that provide value to business and management to improve compliance controls and mitigate risks Assist management in process improvements for the Monitoring and Testing Program Monitor for changes to the business in order to enhance testing processes Monitor for regulatory changes to update testing procedures to ensure compliance with applicable regulations

What you will bring to the team: 3 or more years experience in regulatory compliance or state regulatory oversight with a focus on consumer lendingKnowledge could come from on the job experience or education, such as paralegal certification, JD, or Certified Regulatory Compliance Manager (CRCM) certification Experience designing or implementing a compliance monitoring and testing program Applicable knowledge of consumer financial regulations, including the Telephone Consumer Protection Act, CAN-SPAM Act, Electronic Signatures in Global and National Commerce Act, Gramm-Leach-Bliley Act, Fair Debt Collections Practices Act, Truth in Lending Act, Equal Credit Opportunity Act, Fair Credit Reporting Act, Unfair Deceptive and Abusive Acts or Practices, Servicemembers Civil Relief Act, Electronic Funds Transfer Act. Familiarity with data queries and using SQL; experience with data tools including Snowflake, Tableau, a plus.

Reports to: Compliance Manager, Monitoring and Testing

Job Level: Associate

Total Rewards and BenefitsThe minimum salary for this role is $71,000. The total compensation package includes eligibility for performance-based bonuses as well as a 1-time equity grant based on level.

The actual offer, reflecting the total compensation package and benefits, will be at the company’s sole discretion and determined by a myriad of factors including, but not limited to, years of experience, depth of experience, and other relevant business considerations.

OppFi offers a flexible remote environment, 401(k) matching program, and generous paid time off. Other benefits include medical plans, dental and vision coverage, and tuition reimbursement. To support wellness, growth, and legal support, we provide additional benefits, including DoorDash DashPass, Figo pet insurance, Rocket Lawyer, and access to LinkedIn Learning. We also offer Fringe, which is a lifestyle benefits platform that lets you decide how to spend your rewards from dozens of vendors like Uber, DoorDash, and UrbanSitter. #LI-Remote

EEOC Statement: OppFi is an equal opportunity employer and does not discriminate based on any actual or perceived legally recognized protected bases under local, state, or federal law or regulations. Our goal as a company is to build an equitable workplace that actively works to dismantle systems of oppression in our processes, procedures, and interactions. We aim to help our employees thrive where they work and beyond. Check out our Culture page here.

OppFi is committed to the full inclusion of all qualified individuals. As part of this commitment, OppFi will ensure that persons with disabilities are provided reasonable accommodations. If reasonable accommodation is needed to participate in the job application or interview process, to perform essential job functions, and/or to receive other benefits and privileges of employment, please contact our People team at recruiting@oppfi.com.

Pursuant to the requirements of the California Consumer Privacy Act, OppFi is providing the "OppFi California Employee Privacy Policy", which details the categories of personal information collected and your rights under the policy. If you are a California resident, please review the policy here: https://www.oppfi.com/careers/