Compliance Manager, Regulatory Examinations And Audits

As a leading financial technology platform, OppFi powers banks to bring credit access to  millions of everyday consumers who are locked out of mainstream financial options. We go beyond our mission - to help people rebuild financial health - and go further to ensure we keep the customer at the center of everything we do. We are creating a Customer-obsessed culture, with the capital "C". 

And it starts with our team here. 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. We welcome individuals who want to make a difference in the financial system through creating and building simple, transparent products that facilitate credit access, enable savings, and build wealth.

A few other fun facts about us. OppFi is an Inc. 5000 company for six straight years, a Deloitte's Technology Fast 500, the seventh fastest-growing Chicagoland company by Crain's Chicago Business, and was named on Built In's 2022 Best Places to Work in Chicago.

What you'll get to do: 

We are looking for an experienced and energetic Compliance Manager of Regulatory Examinations and Audits to join OppFi's dynamic Compliance Department. This role will report directly to the Senior Vice President of Compliance.  

Responsibilities:

• You are an individual contributor responsible for assisting the Senior Vice President Director of Compliance and the Chief Compliance & Enterprise Risk Officer in overseeing and enhancing our Regulatory  Examinations and Audit function and Compliance Risk Management Framework. 
• Act as OppFi's point-of-contact and manager for  all  federal and state exams, bank partner exams, and  internal and external audits, 
• Maintain procedures for Examinations and Audits..
• Demonstrate functional or proficient working knowledge of the prudential, and consumer lending regulations including but not limited to: the Equal Credit Opportunity Act; Truth In Lending Act; Fair Lending; Unfair, Deceptive, or Abusive Acts or Practices Act; Servicemembers Civil Relief Act; Telephone Consumer Protection Act; and their implementing Regulations as well as other relevant regulatory requirements.
• Own Compliance policy maintenance, ensure policies updated and approved on a regular cadence. Collaborate with department owners to ensure accuracy and completeness of the materials being provided to state examiners.
• Identify and explain issues found during the examination process internally or externally as they are identified.
• Ensure issues found during examinations are escalated and remediated.
• Review and develop materials for regulatory exams and ad-hoc regulatory projects
• Review and prepare concise, well-written communications
• Develop and foster constructive professional relationships
• Establish trust and credibility with key stakeholders
• Contribute to a high-performance environment with an execution focus
• Other duties may be assigned as warranted

What you will bring to the team:

• 4+ years of experience in financial services exam and audit management, or similar experience in a fast-paced environment working within a regulated industry.
• Experience in working within a collaborative environment
• Demonstrated experience with presenting data and information to a collective group.
• Experience meeting and setting deadlines
• Knowledge of Salesforce and SQL, preferred 
• Bachelor's degree required.
• Strong time management and interpersonal skills.
• Understanding of federal regulations under which OppFi operates; primarily the Fair Credit Reporting Act (FCRA), as well as the Unfair, Deceptive, or Abusive Acts or Practices Act (UDAAP), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Fair Lending, Servicemembers Civil Relief Act (SCRA), as well as others as necessary.
• Proficiency in G-Suite and Microsoft Office.
• Adaptable to rapid change.
• Ability to identify areas of opportunity and improvement.
• Confidence in decision making/reasoning skills.
• Ability to multitask as well as assess and change priorities.

Desirable Skills: 

• Experience working with external auditors
• Experience handling state examinations for a consumer finance organization
• Juris Doctorate, preferred
• Experience with SQL and/or Salesforce

Why OppFi?

Employees Love Working Here

With a dynamic startup culture and great benefits, we've attracted top talent and boast one of the most engaged offices in the country. In 2019, we were named the 4th fastest growing company in Chicago by Crain's Chicago Business, received the 86th spot on the Deloitte Fast 500, and are named one of the best companies to work for in the nation by Glassdoor two years in a row. Check out our Glassdoor reviews to see why our employees love us!

Customers love our product

OppFi is committed to delivering a best-in-class experience to our customers. Don't believe us? See what our customers are saying on Google and the BBB! We were also named a number one personal lender by Lending Tree, and a "Leader in Quality and Innovation" by the Center for Financial Services Innovation (FinX). 

Reports to: SVP, Compliance

Job Level: Manager

The minimum salary for this role is $112,000. 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 is committed to providing an exceptional employee experience from Day 1. Key new hire programs include Day 1 Orientation, training with your manager and team, lunches with our CEO, and an educational summit featuring presentations by our senior leaders. Throughout and beyond your first-year journey, you'll have access to a variety of events focused on culture, inclusion, connection, and education. We want you to feel welcomed, informed, and valued for who you are and what you bring to our company.

• Day 1 - Month 3: Define Your Mission
  You'll understand our company mission, values, and vision, and how your position at OppFi plays a part in that. With the help of your manager, you'll set mission-aligned goals to make an impact in your role.

• Months 3 - 6: Define Your Belonging
  You'll understand OppFi's culture and know how to engage with and influence that culture.

• Months 6 - 12: Define Your Journey
  You'll feel confident in your ability to execute in your role and empowered to take next steps in developing your career at OppFi.

Compensation and Benefits

OppFi offers a flexible remote environment, 401(k) matching program, and flexible paid vacation. Other benefits include medical benefits, dental and vision coverage, and tuition reimbursement. To support your wellness & growth, we provide monthly meditation and yoga classes and access to all LinkedIn Learning courses. We also offer Fringe, which is a lifestyle benefits platform that lets you decide how you want to spend your rewards from dozens of vendors like Uber, Doordash, and Urban Sitter. Dress code is casual. #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/