About the role
We are hiring for a Senior Manager, Regulatory Relations in Chime’s Legal and Compliance function. You will provide leadership and judgment to cultivate positive regulatory relationships, successfully manage regulatory examinations to achieve best outcome, and ensure Chime’s regulatory compliance framework continuously supports our regulatory obligations as we expand our products and services to serve the needs of millions of Chime members. This role will report to the Director of Business Compliance and Regulatory Response.
The base salary offered for this role and level of experience will begin at $146,610 and up to $207,000. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.
In this role, you can expect to
- Develop and implement bank and regulatory examination and inquiry management process, collaborating with Legal, Bank Partnership, Corporate Affairs and other cross functional teams.
- Implement and maintain regulatory engagement strategy plan in support of Chime’s business initiatives.
- Maintain best practices for bank and regulatory examination / inspection management, including liaising with internal stakeholders and regulators through all phases of the process, and continuous enhancement of supporting tools.
- Drive licensing strategies, including upkeep, maintenance, renewal and de novo license applications.
- Provide oversight on all incoming or outgoing bank partner and regulatory inquiries to ensure regulatory expectations are met prior to submission.
- Remain up-to-date on regulatory changes and landscapes, best practices and developments in the industry and ensure our regulatory examination and inquiry responses are both compliant and future focused.
- Partner with the Compliance, Legal, Bank Partnership, Corporate Affair, and Risk team to address emerging trends, regulations and business objectives and advocate for Chime’s regulatory positions in front of regulators and bank partners.
To thrive in this role, you have
- Knowledge of consumer banking, payment regulations, money transmission, scheme rules and consumer lending.
- Experience with OCC, FFIEC and state regulatory supervision focused on consumer banking, money transmission, payments, and lending.
- Experience applying for, maintaining, and managing state lending and MTL licenses. Experience with federal FinCEN registration is a plus.
- Have a proven track record of driving alignment across multiple levels of the organization with diverse perspectives.
- Demonstrates strong project management skills, including leadership and consensus building while managing against tight deadlines.
- Ability to credibly challenge solutions and ensure timely escalation of issues and concerns as and when appropriate.
- Adaptable in unexpected situations, comfortable dealing with ambiguity and uncertainty.
- Have 12+ years of work experience, including: Managing regulatory relationship and internal and external regulatory licensing/audits/inquiries /examinations in Financial Services or Fintech companies.
- Serving as the senior point of contact responsible for regulatory inquiries and examinations representing the company.
- Working within a high growth Fintech startup is desired.
A little about us
At Chime, we believe that everyone can achieve financial progress. We’re passionate about developing solutions and services to empower people to succeed. Every day, we start with empathy for our members and stay motivated by our desire to support them in ways that make a meaningful difference.
We created Chime—a financial technology company, not a bank*-- founded on the premise that basic banking services should be helpful, transparent, and fair. Chime helps unlock the access and ability our members need to overcome the systemic barriers that block them from moving forward. By providing members with access to liquidity, rewards, and credit building, our easy-to-use tools and intuitive platforms give members the ability to have more control over their money and to take action toward achieving their financial ambitions.
So far, we’re well-loved by our members and proud to have helped millions of people unlock financial progress, whether they started a savings account, bought their first car or home, opened a business, or went to college. Every day, we’re inspired by our members’ dreams and successes, big and small.
We’re uniting everyday people to unlock their financial progress—will you join us?
*Chime partners with The Bancorp Bank and Stride Bank, N.A., Members FDIC, that power the bank accounts used by Chime Members.
What we offer
- 🏢 A thoughtful hybrid work policy that combines in-office days and trips to team and company-wide events depending on location to ensure you stay connected to your work and teammates, whether you’re local to one of our offices or remote
- 💻 Hybrid work perks, like UrbanSitter and Kinside for backup child, elder and/or pet care, as well as a subsidized commuter benefit
- 💰 Competitive salary based on experience
- ✨ 401k match plus great medical, dental, vision, life, and disability benefits
- 🏝 Generous vacation policy and company-wide Take Care of Yourself Days
- 🫂 1% of your time off to support local community organizations of your choice
- 🧠 Mental health support with therapy and coaching through Modern Health
- 👶 16 weeks of paid parental leave for all parents and an additional 6-8 weeks for birthing parents
- 👪 Access to Maven, a family planning tool, with up to $10k in reimbursement for egg freezing, fertility treatments, adoption, and more.
- 🎉 In-person and virtual events to connect with your fellow Chimers—think cooking classes, guided meditations, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!
- 💚 A challenging and fulfilling opportunity to join one of the most experienced teams in FinTech and help millions unlock financial progress
We know that great work can’t be done without a diverse team and inclusive environment. That’s why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals.
We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. Chime is proud to be an Equal Opportunity Employer and will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance, Cook County Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation, please let us know.
To learn more about how Chime collects and uses your personal information during the application process, please see the Chime Applicant Privacy Notice.
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