Compliance Manager - Invest

OnePay is a consumer financial services app with an exceedingly simple mission: to help people achieve financial progress.

Tens of millions of Americans today are unbanked or underbanked, meaning they don’t have enough money in savings to cover a minor emergency. They pay too much in fees, don’t have access to credit at affordable rates, and have little ability to grow their wealth. OnePay’s vision is to create a single app for consumers to save, spend, borrow, and grow their money, bringing our mission to life with simple and accessible banking, credit, and payments products that deliver a best-in-class experience to millions of customers. Our products include:

• Checking and high-yield savings accounts

• Domestic and international peer-to-peer payments

• Credit Builder and credit score monitoring

• Digital wallet / contactless payment solutions

• Buy-now-pay-later installment loans at Walmart

Why do we have a right to win? We have the backing of Walmart (a Fortune 1) and Ribbit Capital (a preeminent fintech investor), are deeply embedded with the distribution of the world’s largest omnichannel retailer, and have an industry-leading multi-product value proposition — all in addition to having some of the best people and talent in the industry.

There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for the opportunity. Join us!

We are seeking a proactive and experienced Compliance Manager to join our growing team at a new FINRA-registered broker-dealer. This is a dynamic role requiring a hands-on professional with the ability to develop, implement, and manage compliance programs, policies, and procedures. The ideal candidate will be a generalist with the expertise to oversee supervisory functions, collaborate with regulators and internal stakeholders, and help ensure the firm operates in compliance with all applicable FINRA, SEC, and other regulatory requirements. This is a hybrid (roughly 2 days a week) position based out of our Delaware (Wilmington) office; this is not remote eligible.

1. Policy Development and Implementation

• Design, implement, and update compliance policies and procedures to ensure alignment with regulatory requirements.

• Maintain an effective compliance program tailored to the firm's size, scope, and activities.

2. Regulatory Oversight

• Serve as a point of contact for FINRA, SEC, and other regulatory bodies.

• Prepare for and manage regulatory examinations, audits, and inquiries.

• Maintain up-to-date knowledge of applicable laws, rules, and regulations and advise senior management of key developments.

3. Supervisory and Risk Management Functions

• Perform and oversee supervisory reviews, including trade surveillance, electronic communications monitoring, and other supervisory functions.

• Identify potential compliance risks and develop strategies to mitigate them.

• Conduct internal audits and compliance testing to assess the firm’s adherence to policies and regulations.

4. Training and Stakeholder Collaboration

• Develop and deliver compliance training programs to staff at all levels.

• Partner with internal stakeholders, including legal, operations, and business units, to provide compliance guidance and ensure effective communication.

• Advise senior management on compliance issues and participate in strategic decision-making.

5. Documentation and Reporting

• Maintain accurate records of compliance activities, including policies, supervisory procedures, and audit findings.

• Prepare compliance reports for senior management and the board of directors.

• File regulatory reports and disclosures in a timely and accurate manner.

• Bachelor’s degree in finance, business, law, or a related field.

• Minimum of 5-7 years of compliance experience in a broker-dealer or financial services environment.

• FINRA Series 7 and 24 licenses 

• Strong knowledge of FINRA and SEC rules and regulations.

• Demonstrated ability to build and manage compliance policies, procedures, and programs.

• Excellent communication skills, with the ability to interact effectively with regulators and internal stakeholders.

Preferred:

• Experience with risk management and supervisory processes.

• Proven ability to work in a fast-paced, startup environment.

Key Attributes:

• Strategic thinker with a detail-oriented approach.

• Self-starter with strong organizational and multitasking abilities.

• Collaborative mindset with strong interpersonal skills.

• Competitive base salary, stock options, and health benefits from Day 1

• 401(k) plan with company match

• Remote-friendly (US), flexible time off (FTO), and opportunities for growth

• Initial Interview with Talent Partner

• Technical or Hiring Manager Interview

• Team Interview

• Executive Interview

• Offer!

To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at [email protected].