Product Compliance Manager, Lending - Cash App
- Full-time
- Alternate Location: New York, United States
Company Description
Job Description
The Cash App Product Compliance team is looking for a Payments Product Compliance Manager to support the creativity of our lending product, by providing subject-matter expertise in industry best practices and the global regulatory landscape. By using your background in consumer credit rules and regulations (UDAAP, SCRA, MLA, ECOA, FCRA, TILA, etc), AML compliance and sanction laws, you will help establish regulatory go-to market strategies and global expansion planning for multiple product offerings. This person will also project manage and facilitate the product launch process with multiple compliance operational teams and establish applicable compliance metrics for the payments products. You will report into the Head of Product Compliance and will play a pivotal role in helping build compliant world class digital products and features.
You will:
Support expansion for new lending product launches by scoping, defining and communicating product and compliance requirements
Participate in the review and negotiation of partner contracts to ensure consistency with existing processes or highlight changes needed to integrate for future growth plans
Determine compliance requirements for domestic and international markets
Advise Lending Product team on Compliance operational process and regulatory requirements across multiple markets
Design go-to market strategies that comply with applicable regulatory obligations for all lending products, initiatives and strategies.
Determine key data and operational requirements of new product initiatives, including partnering closely with compliance operations, risk management, legal and customer success teams
Design and draft all relevant program documentation, content, and processes
Remain up-to-date on regulatory landscape and changes, best practices and industry developments
Identify applicable metrics, KPIs and KRIs for the leadership review
Participate in annual risk assessments and audits
Communicate product status and initiatives to stakeholders and senior leadership
Provide best practices related to product program details, offerings and criteria
Communicate complex compliance issues with internal and external stakeholders
Monitor consumer complaint metrics for potential compliance issues
Prepare compliance reports for bank partners
Support overall lending program management team
Additional Information
Perks
At Square, we want you to be well and thrive. Our global benefits package includes:
- Healthcare coverage
- Retirement Plans
- Employee Stock Purchase Program
- Wellness perks
- Paid parental leave
- Paid time off
- Learning and Development resources
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.