Pomelo’s mission is to increase financial access and empowerment for immigrants and their loved ones back home.
We are proud to be the first financial technology platform to combine consumer credit and global remittances. Our product solves the worst aspects of money transfer by empowering our customers to use credit rather than cash. At the same time, we help immigrants establish their financial future in their new country by building positive credit history with their existing remittance obligations and financially include their loved ones in emerging economies with access to modern financial instruments.
We’re a team of ~45 and are growing our San Francisco headquarters. Our investors include Keith Rabois of Khosla Ventures (formerly of Founders Fund, CEO at Opendoor, former COO of Square), Kevin Hartz (Co-founder/CEO of Xoom and Eventbrite) of A* Capital, The Chainsmokers, The Weeknd, and more.
Your Role
We're excited to welcome a Compliance Analyst/MTL Coordinator to our team! If you have around 3 years of experience in compliance and are passionate about making sure things are done the right way, this could be a great opportunity for you. In this role, you’ll play a key part in helping us stay on top of Money Transmitter licenses, lending regulations, UDAAP, fair lending, and other financial regulations. You’ll have plenty of room to grow in a supportive and fast-paced environment.
What You'll Do
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Regulatory Compliance: Help us ensure that we’re always in line with important financial regulations, including lending, UDAAP (Unfair, Deceptive, or Abusive Acts or Practices), fair lending laws, and Money Transmitter licensing requirements.
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Monitoring and Reporting: Keep a close eye on compliance risks, prepare regular reports, and share insights on how we can improve.
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Policy Development: Collaborate on creating, updating, and maintaining compliance policies and procedures, ensuring they meet the latest regulatory standards.
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Training and Education: Lead compliance training sessions to help our team understand and meet regulatory obligations and company policies.
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Internal Audits: Support internal audits and regulatory exams, and help coordinate our responses to any regulatory inquiries.
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Risk Assessment: Conduct regular reviews to identify areas where we can improve our compliance, and work on solutions to address any concerns.
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Documentation: Keep detailed and organized records of our compliance activities, making sure we’re always ready to demonstrate how we meet regulatory requirements.
What We're Looking For
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Education: A bachelor’s degree in finance, business administration, law, or a related field. Advanced degrees or certifications like CRCM or CAMS are a plus.
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Experience: About 3 years of experience in a compliance role within financial services or fintech.
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Technical Skills: Familiarity with compliance software and tools, and a strong understanding of Money Transmitter licenses, lending regulations, UDAAP, fair lending laws, and related regulations.
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Analytical Skills: Strong analytical and problem-solving abilities. You should be comfortable interpreting complex regulations and applying them in real-world situations.
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Communication: Excellent communication skills, both written and verbal. You’ll need to clearly convey compliance requirements and any issues to different stakeholders.
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Attention to Detail: A keen eye for detail and accuracy is essential when managing compliance documentation and reporting.
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Team Player: We value collaboration, so being able to work well with cross-functional teams and juggle multiple projects is important.
Pomelo takes a market-based approach to compensation, offering equity and a base salary as part of the compensation package. The estimated base salary range for this role is $107,000 - $130,000 per year. Exact compensation may differ from this range and depends on the candidate’s experience, domain expertise, and interview performance.
- Earn the Trust of Our Customers
- Be Relentless
- Integrity in Every Language
- Show Our Work
- Leadership at Every Level
Benefits and Perks (FTE)
- ❤️ A meaningful mission and an opportunity for direct societal impact. We’re putting real money back in the hands of the people who need it most and helping immigrants and their families realize the American dream.
- 👥 An amazing team and culture. You’ll have peers from both top tech companies (e.g. Cash App, Google, Twitter, Uber) and other successful startups (e.g. Affirm, AfterPay, MemSQL). We empower each other to do great work and continue growing.
- 💪 Opportunity for major impact, learning, and growth.
- 🏥 Platinum-level health insurance (medical, dental, vision) — with 100% covered by the company for you and 50% for dependents. Assistance with life insurance.
- 👶 Parental leave for the primary or the secondary
- 🌴 PTO: 3 weeks in your first year, 4 weeks thereafter, plus national holidays
- ✈️ $1,500 annual travel stipend
- 😌 $300 annual wellness stipend
- 🚗 Pre-tax funds towards commuting costs
- 🗺 Twice-a-year company retreats. Previous trips include skiing in Park City, getting sun and surf in Cabo, Mexico, and a cruise excursion to The Bahamas.
- 🧳 After 4 years, eligible for a 4-week sabbatical
- 🍽️ In Office Meals: Lunch, dinner, and snacks provided daily
What We Do
The Pomelo app makes it easy to send money and stay up-to-date with family spending. No more waiting in line to send or pick up money! Pomelo gives you and your loved ones a convenient-to-use card and mobile app.
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