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Director of Credit Compliance

Remote
about 1 month ago
Full time role

Company

Aspiration

Marina Del Rey, CA 90292, USA

Aspiration is in the business of fighting the climate crisis. We help people and businesses build sustainable impact into what ...

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Job Description

Aspiration is in the business of fighting the climate crisis. We help people and businesses build sustainable impact into what they do every day by making it easy, automated, and powerful -- whether it is in the ways people spend and save their money or the ways businesses engage their customers and employees. Across our initiatives--from our debit and credit cards to our global scale reforestation and carbon credit projects--the estimated cumulative climate impact of the Aspiration community thus far is the equivalent of taking every car in the state of Wyoming off the road for a year. With more than 7 million members, over $550 million in funding to date, and a commitment to plant one billion trees by 2030, Aspiration is not only a certified B Corporation but has been named to the “Best for the World” list of the top five percent of highest scored certified B Corporations five times in a row.
Our Core Values are Aspiration’s guiding principles:
Action: We take initiative. We are doers, not bystanders.Boldness: We don’t tinker, we transform.Customer-Centered: Our customers are at the core of our business. Delivering for them is our North Star.Diligence & Dedication: We do what we say we’re going to do, when we say we’re going to do it.Entrepreneurial: Act like an entrepreneur not an employee, generate results for the company and customers everyday.

What You'll Do

  • Develops Aspiration's annual fair lending plan and sets the scope of yearly analysis using a risk-based methodology of applicable regulations related to the credit products and services.
  • Manage Fair Lending compliance efforts throughout the institution, both strategic and targeted fair lending analyses, risk assessments, investigations, remediation plans and fair lending project plans.  
  • Create, review, approve, and manage marketing, advertising, and communications related to credit offerings, agreements, policies, and process procedures. 
  • Work with external and internal stakeholders on credit projects, tasks, and workflows. 
  • Craft new processes and procedures as needed by the business. 
  • Lead in coordinating internal audit and regulatory examinations, including preparation and follow-up on open compliance issues and observations, and develop written responses as needed.
  • Monitor and maintain a formal process for identifying, reporting, and implementing new regulations or changes to existing regulations within specific areas of responsibility.

What You'll Bring

  • 7+ years of financial institutions consumer compliance experience, including specific experience in Fair Lending and managing Fair Lending regulatory examinations.
  • Knowledge of fair lending laws, regulations, and oversight, including ECOA, HMDA, BSA, UDAAP, CRA, and composite Fair Lending guidance and examination standards.
  • Testing, audit, or investigation experience desirable, especially related to lending practices and/or fair lending and regulatory compliance.
  • Excellent verbal and written communications skills, including report development/presentation skills at the Board level.
  • Proven ability to collaborate with stakeholders to design, enhance, and implement both preventive and detective controls.
  • Strong organizational and time management skills, with a demonstrated ability to meet deadlines while working independently.
  • Excellent analytical skills, with experience conducting and understanding data/statistical analyses.

What You'll Get

  • Work for a mission-driven company to transform the lives of millions by building a better, values-oriented financial firm.
  • Opportunity to be part of and to contribute to ESG, as a steward of social and environmental change.
  • Participation opportunities in Diversity, Equity and Inclusion employee activities and events
  • Robust benefit offerings, including medical, dental, vision and 401k.
  • Parental Leave expansion (12 weeks of paid leave over the course of a year)
  • Pet Insurance and other voluntary benefit plan offerings
  • Unlimited vacation time and 80 hours of sick time annually
  • 12 Paid Holidays
  • Work from home setup and equipment reimbursement
  • Semi - annual performance reviews
  • Employee Referral Bonus Program

Aspiration is proud to be an ESG company.  We are an equal opportunity workplace. Diversity at Aspiration is not just compliance-driven. Diversity is our compass to drive equitable practices; to celebrate individuality; and to foster the uniqueness within each of us that makes our products, services, and culture better than most. Yes, we are proud to be a DEI company and we encourage everyone, inside and outside of Aspiration, to show up as you are and as you want to be, every day.
This organization participates in E-Verify.  Find more information here!
#BI-Remote #LI-Remote

Aspiration

Marina Del Rey, CA 90292, USA

Aspiration is in the business of fighting the climate crisis. We help people and businesses build sustainable impact into what ...

View Company Profile