About us

DailyPay is the leader in the on-demand pay industry with an unrivaled technology platform, an unmatched list of blue-chip clients and an extensive list of industry awards.  We are rewriting the invisible rules of finance by creating a new financial system. A financial system that is more equitable and inclusive, and benefits everyone. A financial system that enables workers to access their earned pay when they need it. We believe that money should move faster and smoother between employer and employee, between merchant and shopper, between financial institution and customer. 

We are a mission-driven company hyper-focused on designing technology that can build a better financial system and future. It’s no wonder that we are growing at an extraordinary pace. Now we are looking for people who are as passionate as we are about reimagining how money moves. If you’re willing to define new rules, change systems and lives, come join us at DailyPay.

The Role

*This position can be remote*

The Compliance Counsel will work with the Chief Compliance Officer and Compliance team to develop and lead the Compliance Management Programs for new products. You partner with policy, process, and system owners to manage complicated requirements, controls, and risk issues. This includes researching regulatory obligations, working with compliance team members and other leaders to translate legal and regulatory obligations into systems, processes and product requirements. The ideal candidate builds trusting relationships, adapts quickly to changing demands, and demonstrates the attention to detail needed to manage regulatory requirements.
 

How you will make an impact

• Support expansion of new product launches by developing and overseeing implementation of product and compliance requirements specific to UDAAP, Reg E & Z, and Payment Network Compliance
• Work with Compliance attorneys to draft, implement and update applicable policies and procedures
• Be a trusted resource to Product teams on Compliance operational process and regulatory requirements and provide day to day support and expert advice
• Assist in vendor management and compliance oversight, monitoring and supervision for critical vendors involved in product delivery
• Design and deliver targeted compliance training regarding key regulatory and policy requirements 
• Remain up-to-date on regulatory changes and landscape, latest standards and innovative developments in the industry
• Monitor known and emerging risks, measure internal control effectiveness, and develop and own action plans to remediate identified risk issues
• Collaborate with product and other teams in developing business requirements and business controls in implementation plans
• Drive documentation of processes, risks, and controls and work with owners to assign accountability
• Support compliance activities related to the following product areas: CIP/KYC, Fraud and ID theft prevention, Debit, Network, consumer disclosures, complaint management and resolution.
• Keep up with changing regulations to ensure we have all the knowledge and expertise needed to help our customers succeed and maintain the integrity of our consumer regulatory policies.

What you bring to the team:

• Bachelor’s Degree required
• 5+ years in regulatory compliance around consumer financial products such as cards, payments, FinTech, consumer payments and wallet products, compliance
  management 
• Solid understanding of applicable laws, regulations, and guidelines (e.g., BSA/AML, Reg E, UDAAP, TILA, data privacy, FTC Safeguards rules etc.)
• Exceptional written and spoken communication skills
• Ability to translate sophisticated regulatory requirements into easily understood
  guidance
  What We Offer:
  • Competitive compensation
  • Opportunity for equity ownership
  • Exceptional health, vision, and dental care
  • Employee Resource Groups
  • Fun company outings and events
  • Unlimited books from Amazon
  • Unlimited PTO
  • 401K with company match

  No sponsorship is available for this position.

  DailyPay does not accept and will not review unsolicited resumes from search firms.

  As part of our dedication to health and safety, DailyPay requires all colleagues holding in-office positions, or who will be attending any in-person company meetings, be fully vaccinated against the Covid-19 virus unless there is a documented and approved medical or religious accommodation.  As a condition of employment, prior to your start date, you will be required to submit proof of your vaccine status.

  DailyPay is committed to fostering an inclusive, equitable culture of belonging, grounded in empathy and respect, which values openness to opinions, awareness of lived experiences, fair treatment and access for all. We strive to build and develop diverse teams to create an organization where innovation thrives, where the full potential of each person is engaged, and their views, beliefs and values are integrated into our ways of working. 

  We encourage people of all backgrounds to join us on our mission. If you require reasonable accommodation for any aspect of the recruitment process, please send a request to [email protected]. All requests for accommodation will be addressed as confidentially as practicable.

  DailyPay is an equal opportunity employer. All qualified applicants will receive consideration without regard to race, color, religion or creed, alienage or citizenship status, political affiliation, marital or partnership status, age, national origin, ancestry, physical or mental disability, medical condition, veteran status, gender, gender identity, pregnancy, childbirth (or related medical conditions), sex, sexual orientation, sexual and other reproductive health decisions, genetic disorder, genetic predisposition, carrier status, military status, familial status, or domestic violence victim status and any other basis protected under federal, state, or local laws.