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Compliance Default Servicing Analyst

FULLY FLEXIBLE

Remote:

Full Remote

Contract:

Full time

Salary:

4 - 60K yearly

Experience:

Mid-level (2-5 years)

Work from:

United States

Offer summary

Qualifications:

2-4 years in compliance or regulatory experience, Experience in financial services industry, Understanding of consumer-facing regulations, Broad knowledge of financial products, laws, and regulations.

Key responsabilities:

Perform due diligence reviews on vendors
Conduct ongoing oversight of vendors and debt buyers
Collaborate with Compliance to remediate issues
Advise Operations on collections involving high-risk issues
Review collection communications and credit reporting

Uplift Inc. Financial Services Scaleup https://www.uplift.com/

51 - 200 Employees

See more Uplift Inc. offers

Job description

Your missions

Upgrade is a fintech company that provides affordable and responsible credit, mobile banking, and payment products to everyday consumers. We were the fastest growing company in the Americas last year according to the Financial Times and Upgrade Card was the fastest growing credit card in America two years in a row. We have delivered over $31 billion in affordable and responsible credit to our 5M customers. The company is backed by some of the most prominent technology investors and was recently valued at $6.3B.

We have built an energizing, collaborative and inclusive culture where team members help each other, learn and innovate to move the company and its customers in the right direction, and own the outcome of their efforts.

Upgrade has been named a “Best Place to Work in the Bay Area” three years in a row, “Top Companies to work for in Arizona” and one of the "Best Engineering Department" awarded annually by Comparably. We've also received recognition for being a best company for Diversity, Women, Culture, and Veterans.

We are looking for new team members who get excited about designing and delivering new and better products to join a team of 1600 talented and dedicated professionals. Come work with us if you like to tackle big problems and make a meaningful difference in people's lives.

About the Role:

Our Compliance team is looking for a Compliance Default Servicing Analyst to play an important role in ensuring that a company's default servicing practices comply with applicable regulations and internal policies. You will work with different internal teams on various collections and default issues.

What You’ll Do:

Perform initial due diligence reviews on potential default servicing and debt purchasing vendors
Conduct ongoing oversight and testing of existing vendors and debt buyers
Work closely with Compliance, Vendor Management and Operational teams to ensure identified issues are remediated timely
Work with Compliance and Legal departments to advise Operations on nuanced or high risk collections and default issues involving bankruptcy, debt settlement, repossession, and loss mitigation
Review collection communications
Advise on proper credit reporting for delinquent accounts

What We Look For:

2-4 years background in compliance, auditing, testing, legal, or regulatory/law enforcement experience specific to default servicing and collections
Experience in the financial services industry, either working for an lender, investor, marketplace platform, law firm, or regulator
Understanding of consumer-facing regulations, information technology systems, and standard system implementation methodologies
Broad knowledge of financial products, markets, and laws and regulations, including consumer regulations such as FDCPA, FCRA, and UDAAP

Nice to Have:

Deep understanding of FDCPA and its application in different forms of collection activities
Understanding of regulations applying to credit cards, auto loans, and unsecured credit
Excellent critical thinking, presentation, written communication, time management, and analytical skills
Integrity, motivation, intellectual curiosity, and enthusiasm
Knowledge of Microsoft Word and Excel

What We Offer You:

Competitive salary and stock option plan
100% paid coverage of medical, dental and vision insurance
Flexible PTO
Opportunities for professional growth and development
Paid parental leave
Health & wellness initiatives

#BI-Remote #LI-Remote

For California residents: Upgrade's California Notice at Collection and Privacy Policy describes our practices regarding the collection, use, and disclosure of the personal information of job applicants.

We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.