Compliance - Aven
About Us
We are reinventing consumer credit. We wildly reduce the cost of capital by using technology to easily tap into people’s assets. Our first product is the world's cheapest credit card – backed by home equity. Using many patented technologies, we sped up a process that usually takes 4-6 weeks and thousands of dollars down to as fast as 15 minutes and $0 to get.
Who are we?
We are a well-capitalized (over $250MM in equity funding) team of technology (Square, Microsoft, Facebook) and finance (Discover, CapitalOne, Goldman) executives with top-tier investors -- Founders Fund, Khosla Ventures, Max Levchin, NYCA, Sequoia, SciFi VC, Caffeinated Capital, etc. Our team also has significant experience in consumer finance and related industries (Lending Club, Guaranteed Rate, Opendoor, HUD).
Our team includes people who have built:
- Financial products (Square/CashApp, the earliest CapitalOne credit cards)
- Consumer products (Internet.org http://Internet.org, Xbox)
- Technology infrastructure (Visual Studio, Windows & Azure, helped design the C++ & C# languages)
- Mathematics & science infrastructure (computational research at NASA’s JPL).
We are missionaries who like to work hard on important problems - and build products that become an infrastructure for society. We believe that using technology to lower the cost of capital for consumers is one of these problems - and if we can do it, it will have an infinite positive impact on people’s lives.
Job Description
You will assist in ensuring our mortgage and other secured lending products (asset, HELOC, auto, etc.) comply with federal and state regulations, internal policies, our bank partner’s requirements and reporting, and industry best practices. You will support compliance monitoring, regulatory research, marketing/design, audits, exams, and risk assessments while working closely with legal, operations, licensing, and product/engineering teams.
Responsibilities
- Assist in ensuring compliance with TILA, RESPA, ECOA, HMDA, FCRA, UDAAP, and other lending regulations.
- Monitor compliance with state-specific lending laws (e.g., usury laws, servicing, licensing requirements, foreclosure processes).
- Support the development and maintenance of compliance policies, procedures, and training materials.
- Assist in conducting compliance reviews of loan origination, underwriting, and servicing processes.
- Perform periodic audits of required disclosures, adverse action notices, loan documents, etc.
- Assist in responding to customer complaints, regulatory inquiries, and internal situations.
- Research federal and state regulatory updates impacting mortgage and secured lending.
- Assist in updating policies and procedures to reflect new laws and regulations.
- Support compliance training efforts for internal teams.
- Collaborate with product and engineering teams to ensure compliance is embedded in loan servicing and creation.
- Review marketing materials and loan disclosures for Regulation Z and UDAAP compliance.
- Assist in third-party vendor risk assessments, particularly for loan origination systems, credit reporting agencies, and payment processors.
Qualifications
- Education: Bachelor's degree in finance, business, legal studies, or a related field (or equivalent work experience)
- Experience: 3+ years in a compliance, risk, legal, or regulatory role within a fintech, bank, or mortgage company
- Knowledge: Strong familiarity with applicable lending, marketing, and servicing laws
- Technical Skills: Ability to work with compliance monitoring tools, regulatory databases, and task systems (ex. Asana)
- Other Skills: Strong attention to detail, analytical thinking, creative problem solving, and strong communication skills (verbal and written)
PREFERRED QUALIFICATIONS
- Experience in a fintech or other fast-paced regulatory environment.
- Located in Northern California.
- Exposure to state-specific lending laws (e.g., licensing, foreclosure, repossession rules).
Compliance certifications (e.g., Certified Regulatory Compliance Manager (CRCM) or similar) are a plus.
Aven is a proud Equal Opportunity Employer. Aven does not discriminate against candidates or employees because of their sex, race, gender identity, disability, age, sexual orientation, religion, national origin, veteran status or any other protected status under the law.
Last updated: 4 hours ago
© 2021 - 2024