Compliance Analyst

About Found

The self-employed workforce is a rapidly growing, resilient, and colorful 60 million Americans. But self-employment comes with its own set of challenges: navigating taxes, accounting, bookkeeping, and business banking are just a few. That’s where we come in.

Found is building tools that give self-employed people the security and peace of mind that has historically only been possible at big corporations. We’re a business bank account that automates taxes and expense tracking because we believe small business owners should spend more time doing what they love and less time on their business finances.

We’re looking for kind, resourceful, and passionate people to join us in building the safety net for self-employment.

About this role: 

Hi, I’m Anne, and I’m a Compliance Lead here at Found. Thanks for your interest in Found! Our team is responsible for regulatory compliance, including Compliance Management System (CMS) and Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Asset Control (OFAC) compliance. We advise business units daily to promote responsible innovation and stay compliant with laws, rules, and regulations. This position will be responsible for assisting with compliance monitoring and testing for the following regulations: UDAAP, COPPA, Privacy, CAN-SPAM, E-Sign, Regulation CC (EFAA), RFPA, NACHA, BSA/AML, and OFAC, drafting compliance issues and compliance reporting, and completing issue remediations/corrective action through collaborating with stakeholders across the organization. Therefore, the individual in this position will be expected to build collaborative relationships with all levels of the organization, both within the compliance department and with various stakeholders across business units and partner bank. Additionally, this position will assist with developing and maintaining policy and procedures and preparing monthly and quarterly compliance reporting. I will personally be reviewing every application, so if you have any questions please include them in your application.

Some recent team accomplishments include: 

• Conducted the BSA/AML and OFAC risk assessment

• Conducted the Compliance risk assessment 

Day to day, you will:

• Track incoming account level Requests for Information received by sponsor bank, regulators, and law enforcement.. 

• Prepare compliance monitoring and testing workpapers for the following regulations:  UDAAP, COPPA, Privacy, CAN-SPAM, E-Sign, Regulation CC (EFAA), RFPA, NACHA, BSA/AML, and OFAC, including obtaining populations, sampling materials, and developing test procedures

• Conduct ongoing compliance testing and monitoring and escalate results and draft issues as necessary

• Assist in the preparation of monthly and quarterly Compliance reports related to the institution’s regulatory environment.

• Communicate and collaborate with stakeholders across Found to obtain material needed for compliance monitoring and testing, external audits, and issue remediations 

• Maintain the compliance marketing repository

• Review customer facing material such as emails, affiliate marketing for UDAAP purposes 

• Assist with writing Compliance policies and procedures, and ensure policies and procedures are updated as needed

• Assist with monthly and ad-hoc compliance trainings

• Assist with compiling information, and working with external auditors

• Perform special projects related to compliance as needed

To thrive in this role, you have:

• 2-5 years of experience with Compliance monitoring and testing and/or Internal Audit. 

• 2-5 years of experience with Compliance Management System.

• Knowledge and familiarity with UDAAP, COPPA, Privacy, CAN-SPAM, E-Sign, Regulation CC (EFAA), RFPA, NACHA.

• Proven ability to effectively communicate both orally and in writing.

• Exceptional organizational skills and a self-starter.

• Proven ability to foster a collaborative working environment.

You may also have:

• CAMS certification

• Experience with Alloy, Socure, SentiLink, Asana, and ZenDesk

• Previous startup experience, consulting experience, or demonstrated technical initiative on previous projects.

Compensation at Found

The anticipated wage range for this role is $95,000 - $125,000 per year. The range listed represents the low and high end of the anticipated salary range for this position across all US locations. Within the range, individual pay is determined by several factors including job-related skills, experience, and relevant education or training. Our competitive base salary is just a piece of Found’s total compensation package. Found offers a generous benefits package to all employees see our list below or check out found.com/careers to learn more!

About You

Found is built by a team that comes from a variety of backgrounds and experiences, and we firmly believe that diversity, equity, and inclusion are crucial to our success. As we grow, we’re searching for passionate and motivated team members who are excited to bring their skill set to the team and are ready to learn from others.

If you are looking for a role where you will have the opportunity to make a meaningful contribution and great impact, we would love to hear from you!

Perks & Benefits of Found

• 401K, FSA, and Commuter Benefits: We offer all employees access to tax-efficient benefit options alongside competitive base compensation.

• Paid parental leave: Found supports employees through all stages of life, which is why new parents employed by Found qualify for 16 weeks of flexible parental leave.

• Health benefits: Comprehensive medical, dental, and vision benefits and are always 100% covered for employees, 90% covered for dependents.

• Work anywhere: We have Found offices in SF and NYC. For team members who work outside those cities, Found also supports fully remote working.

• Meaningful equity: Everyone on our team should feel and act like an owner, which is why Found offers industry-competitive equity to all of our employees.

• Flexible vacation policy: Vacations, appointments, mental health days- take the time you need, whenever you need to with our flexible time-off policy

To learn more about our benefits or the team please go to found.com/careers.