Dave is the finance version of David and Goliath taking on the big banks. A financial friend to the millions of Americans who use the app, Dave helps with budgeting, building credit, finding work and accessing money to cover immediate expenses before payday. Instead of mandatory fees, Dave lets users pay what they think is fair through a ‘tip’ based model. Dave users plant a tree for each % tip they leave when taking an advance, resulting in tens of millions of trees planted.

We are choosing to build a quality team vs a large team. You will be a formative part of our company culture moving forward. To that point, we want someone that can take ownership of a project from beginning to end and can do it on their own. We’ll be there to support you but not hold your hand.

Sure, we’ve checked all the boxes you’d expect from a fast-moving startup, but the best thing we can offer you is a supportive environment for learning and opportunities for personal/professional growth.

As the Compliance Director overseeing the Compliance Management System Program at Dave you will be responsible for developing, implementing and administering all aspects of; Policy/Procedure, Risk Assessment, Training/Awareness/Communication, Monitoring/Testing, and Reporting company wide. You’ll ensure we adhere to relevant federal, state, and local agency laws, regulations, and guidance, as well as industry standard practice. This will involve partnership with internal teams, as well as collaboration with our issuing bank partner’s legal and compliance teams, to facilitate quality and innovative compliance risk management solutions. 

As a leader and subject matter expert, the Compliance Director is responsible for identifying and leading a team that establishes standards and implements procedures to ensure that the compliance programs throughout the organization are effective and efficient in identifying, preventing, detecting and correcting noncompliance with applicable rules and regulations. The role will report to Dave’s Chief Executive Officer.

Key Responsibilities

• Improve and manage the Compliance Management System at Dave, hire and develop a high-performance team while executing against key company goals and regulatory guidance
• Maintain current knowledge of applicable laws and regulations, keeping abreast of recent changes
• Develop the annual compliance work plan that reflects the institution's highest risks that will be monitored by the compliance function as determined by conducting a mandatory annual risk assessment using a company-wide approach
• Provide guidance to executives, staff, and employees on compliance programs, policies, procedures, and requirements
• Strengthen the lines of defense of organizational risk management
• Build and Improve existing cross department processes and workflows
• Conduct risk assessments of Dave’s business operations and lead development of a company risk management program designed to identify significant risks and mitigating factors
• Oversee and monitor the implementation of the compliance program; develop policies and programs related to financial crimes and corporate enterprise risk and compliance management
• Assess the business impact of new and evolving legal and regulatory requirements and developments to evolve Dave’s compliance and risk framework and strategy
• Develop, coordinate, and participate in a multifaceted educational and training program that focuses on the elements of the compliance program, and ensure that all appropriate employees and management are knowledgeable of, and comply with, pertinent federal and state laws, regulations, and standards
• Coordinate internal compliance review and monitoring activities, including periodic reviews of departments
• Manage and conduct internal investigations in collaboration with other applicable corporate functions, such as operations, sales, finance, and support
• Maintain records and report on status and effectiveness of compliance program to senior management
• Work with legal and IT teams to enhance and implement a comprehensive user database and enhance the Dave platform for scalable growth

Experience Required

• Bachelor degree. Juris Doctor, AML/CFT certified, ACAMS, or CFE highly recommended
• A minimum of 7-10 years of legal or compliance experience in the FinTech space
• Have specific knowledge of key law, regulations, guidance, and industry-standard practices including but not limited to UDAAP, GLBA, BSA/AML, SAR/CTR filing, Sanctions, InfoSecurity Frameworks ISO 1799-2005, PCI-DSS, GDPR/CCPA, etc. and associated regulations
• Strong problem-solving skills and demonstrated ability to take initiative and work independently
• Speak and write clearly and concisely, adapt to the audience and express complex ideas in understandable and effective ways such as clear and concise reports, presentations, as well as speaking effectively to employees, members, vendors, and the public
• Skilled in interviewing, leading, directing, coaching, motivating, delegating, evaluating, counseling, and recognizing assigned employees
• Be action-oriented, collaborative and solutions-focused
• Work well with ambiguity, and multiple priorities while balancing the interests of multiple stakeholders
• Act with discretion, strict confidentiality and sensitivity toward issues and individuals
• Maintain a sense of humor

Benefits & Perks

• Premium Medical, Dental, and Vision Insurance plans

• Insurance premiums 100% covered for you and your dependents

• Competitive salary and equity compensation packages

• Generous and flexible PTO

• Catered lunch 3x/week

• Voluntary life insurance plan

• Voluntary worksite benefit plans for accidents, critical illness and hospital indemnity

• Flexible work hours

• 401(k) savings plan

• Central location

• Generous paid parental leave

• 1UP Wednesdays where you can teach or learn something new from a fellow Dave

• An open and fun office space with room for socializing - outside patio, hammock, and basketball hoop

• A collaborative environment with opportunities for learning and growth

Dave Inc is proud to be an Equal Employment Opportunity employer. We do not discriminate based upon race, ethnicity, religious creed, color, national origin, ancestry, gender (including pregnancy, childbirth, or related medical conditions), gender identity, gender expression, sexual orientation, marital status, age, status as a protected veteran, status as an individual with a disability, medical condition, or any other category protected by applicable federal and state law, including the City of Los Angeles’ Fair Chance Initiative for Hiring Ordinance relating to an applicant's criminal history.