Step's mission is to improve the financial future of the next generation. Millions of people use our banking and borrowing products to manage, build, and grow their money. Now that we're part of Beast Industries – the company behind MrBeast – we're poised for a new phase of growth to deliver financial literacy and tools at massive scale.
As we grow, we’re looking for a Head of Compliance to lead and scale our compliance program across the full spectrum of applicable banking, lending and payments regulations. This is a unique opportunity for someone who brings deep regulatory knowledge and the willingness to get into the details—rolling up their sleeves to build, maintain, and evolve a compliance function that enables innovation, trust, and long-term impact. As part of Beast Industries, MrBeast's family of companies, Step is positioned to scale significantly over the next 12-24 months, and this role will directly support that growth by successfully guiding Step through the current and upcoming regulatory landscape..
In this role, you will:- Serve as Step’s compliance leader and subject matter expert across all key banking and financial services regulations, including but not limited to: BSA/AML, KYC, UDAAP, Reg E, Reg Z, EFTA, GLBA, FCRA, and CFPB guidance
- Own and drive the compliance strategy, ensuring that Step’s products, partnerships, and operations meet regulatory requirements and industry best practices
- Develop, enhance, and execute policies and procedures that support a risk-based, scalable compliance program
- Collaborate closely with Product, Engineering, Risk, Customer Experience, Marketing, Legal and our partner banks to support compliant product development and delivery
- Oversee internal reviews, audits, testing, training, and ongoing monitoring efforts
- Lead compliance management processes such as issue tracking, regulatory exams, complaints handling, and reporting
- Evaluate new regulations and regulatory changes, and translate them into actionable plans and guidance
- Serve as the primary compliance point of contact with regulators, partner banks, auditors, and other key stakeholders
- 10+ years of experience in compliance, legal within fintech, banking, and/or payments—ideally across both startup and regulated environments
- Deep and broad understanding of U.S. consumer financial services regulation, with specific fluency in deposit, payments, and lending frameworks
- Experience working with sponsor banks or in BaaS partnerships, and a strong understanding of the nuances of shared compliance models
- Comfortable being hands-on. You can write a policy, respond to a regulator, review a customer flow, or assess a vendor—your sleeves are already rolled up
- You communicate clearly, proactively, and with confidence—whether you’re explaining regs to product managers or responding to examiners.
- You’re energized by solving difficult problems, building systems, and collaborating cross-functionally.
Location: Remote (US) or San Mateo, CA, with occasional travel for team offsites and key meetings
Reports to: Chief Operating Officer
Education: Bachelor's degree or an equivalent combination of education, training, and experience
We encourage you to apply even if you don't meet every single qualification. Strong candidates rarely check every box, and we'd rather meet you than miss you.
We stand for the side hustlers, the creators, the freelancers, and the investors — people who are not afraid to take on challenges, especially when it comes to their finances. Step is focused on disrupting the banking industry by delivering a differentiated, mobile-first consumer experience, and we operate like the customers we serve: customer obsessed, acting as owners, moving with urgency, and breaking the norm.
Step is a wholly owned subsidiary of Beast Industries, the media and entertainment company founded by Jimmy Donaldson (MrBeast), the most-watched person in the world. Beast Industries spans digital media, consumer products, philanthropy, and new ventures, with an audience reach no consumer company has ever had — and Step is tasked with turning that reach into financial literacy and tools for the next generation at massive scale. With Beast's distribution and brand behind it, Step is positioned to scale significantly over the next 12 months, and joining now means helping shape that trajectory from the inside.
Come work with us!Step is a remote-first company building banking for the next generation. We offer competitive compensation and stock options, generous medical, dental, vision, and company-paid life insurance, a 401k plan with Safe Harbor company matching, a flexible vacation policy and paid company holidays, 12 weeks paid parental leave with flexible return to work, and a company-provided technology package. If you're looking to join a fast-growing company with a strong mission and vision that puts people first, we want to meet you!
Step is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees. All qualified applicants will receive consideration for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, veteran status, or any other status protected by applicable federal, state, or local law.
Step is committed to providing reasonable accommodations to qualified individuals with disabilities throughout the application and interview process. If you need an accommodation, please let us know at [email protected] and we'll work with you to provide appropriate support.
Skills Required
- 10+ years of compliance or legal experience in fintech, banking, and/or payments (startup and regulated environments)
- Deep knowledge of U.S. consumer financial services regulations (BSA/AML, KYC, UDAAP, Reg E, Reg Z, EFTA, GLBA, FCRA, CFPB guidance)
- Experience working with sponsor banks or BaaS partnerships and shared compliance models
- Demonstrated ability to develop and execute policies, procedures, testing, training, and monitoring for a risk-based compliance program
- Hands-on ability to write policies, respond to regulators, review customer flows, and assess vendors
- Strong verbal and written communication skills for cross-functional collaboration and regulator interactions
- Bachelor’s degree or equivalent combination of education, training, and experience
What We Do
It isn’t easy learning about money. Schools don’t teach you and families don’t always talk about finances. Traditional banks make it even harder to get ahead by charging fees for standard services like checking accounts, atm's and even spending cards. Step is a next generation financial services company building the best banking experience to help teens and young adults achieve financial independence and knowledge at an earlier age. Step is founded by a team with 50+ years of combined financial technology experience. Our mission is to create a bank that gives you the tools to become smarter with your money and reward you along your financial journey. Step gives you a free bank account with no monthly or hidden fees. Track your balance and see your transactions from the Step mobile app. You can also send and receive money instantly on your phone, shop with a personalized spending card and earn rewards for inviting your friends to Step.
