Director of Regulatory Compliance at Aspiration

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Aspiration is the first VC-backed neobank on a mission to be the leading consumer financial services brand and company focused on sustainability and the environment. At Aspiration, we created the category of sustainable, socially responsible retail consumer finance. We offer unique financial products to let people save, spend, and invest their money in ways that make them more financially secure and align with their personal values. Unlike other financial institutions, Aspiration is committed to building a relationship with our customers based on trust and aligning the customer’s success with our own. Aspiration has raised over $200M in funding to date, and is growing quickly.
Aspiration is looking for a Regulatory Compliance Officer to join our growing team. This role is both unique and integral to the firm, in its alignment of compliance, investment operations, retail banking and customer service. The Regulatory Compliance Officer will be the primary person responsible at the firm for the review of firm activity as well as registered representative and affiliated person activity under FINRA rules.

What You'll Do

  • Support the Chief Compliance Officer by maintaining regulatory compliance due diligence required by FINRA, the Investment Advisers Act of 1940, the Securities Exchange Act of 1934, other relevant regulations, and internal policy requirements
  • Maintain the Firm’s WebCRD, respond to regulatory information requests and inquiries, document self-reported complaints under FINRA 4530, respond to regulatory complaints, and update registered representative and affiliated persons regulatory filings including associated persons fingerprinting and regulatory disclosures. 
  • Work closely with internal teams and personnel to thoroughly document and organize outside business activities, outside brokerage accounts, private securities transactions, annual compliance questionnaires, Firm Element CE, and monthly communications.
  • Interact with Compliance team, legal team, and colleagues throughout the organization to help resolve potential compliance issues
  • Ensure compliance with SEC, FINRA, and other applicable rules and regulations
  • Execute industry best practices for monitoring fund and adviser service providers including due diligence and oversight
  • Prepare and update regulatory documents, including Form ADV, U4/U5, prospectus, statement of additional information, Form BR, Form BD, and others as needed
  • Assist with the 206(4)-7 annual review process 
  • Assist with the 38(a)-1 annual review process
  • Provide advice and guidance to ACE and Operations for regulatory requirements 
  • Assist with the management of the firm’s compliance training, licensing and registrations
  • Conduct regular compliance monitoring reviews 

What You'll Bring

  • B.A. in finance, economics or related field 
  • 5+ years experience working in legal or compliance at an investment adviser and/or broker dealer
  • 2+ years reviewing and approving advertising/marketing materials concerning FINRA Rules 4530 and 3110. 
  • Experience working with WebCRD and the FINRA gateway.
  • Series 7, 24 and either 63 or 66 licenses
  • Strong understanding of the 1940 Investment Company Act
  • Strong understanding of banking and investment product
  • Strong analytical skills with attention to detail
  • Interest in FinTech and working in a fast-paced startup environment
  • Entrepreneurial - you do what it takes to achieve our goals, without having someone telling you what to do or being confined to normal business hours
  • Excellent written and verbal communication skills
  • Excel proficiency

What You'll Get

  • Work for a mission-driven company to transform the lives of millions by building a better, values-oriented financial firm
  • Competitive Salary and Equity Incentives
  • Robust Healthcare Plans (medical, dental, vision)
  • 401K & Unlimited Vacation Time
  • Diverse & Inclusive Culture

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Technology we use

  • Engineering
  • Product
  • Sales & Marketing
    • GolangLanguages
    • PythonLanguages
    • RLanguages
    • SqlLanguages
    • ReactLibraries
    • PostgreSQLDatabases
    • RedshiftDatabases
    • Google AnalyticsAnalytics
    • LookerAnalytics
    • SegmentAnalytics
    • AmplitudeAnalytics
    • AdjustAnalytics
    • LucidchartsAnalytics
    • IllustratorDesign
    • InVisionDesign
    • PhotoshopDesign
    • SketchDesign
    • After EffectsDesign
    • ProcreateDesign
    • ConfluenceManagement
    • JIRAManagement
    • TrelloManagement
    • ClickupManagement
    • SmarshManagement
    • ZenDeskCRM
    • MailChimpEmail
    • IntercomEmail
    • MandrillEmail
    • SendGridEmail
    • IterableEmail
    • Impact RadiusLead Gen

Location

We're located in Marina Del Rey, steps from bars, shops, and restaurants. On Fridays there's a local farmer's market right on our block!

An Insider's view of Aspiration

What’s the vibe like in the office?

Aspiration has some of the smartest, most hard-working, and fun people I have ever worked with. The vibe is very fast-paced and exciting, and management is good at adjusting to different people’s work styles, allowing employees to work remotely and even bring their pups in on Fridays.

Jordan

Data Analyst

What's the biggest problem your team is solving?

We use cutting edge technology to solve both dated financial problems and problems that impact our environment. Aspiration is unique in that we are a financial firm focused on environmentalism while putting people before profits. For every solution we have to a banking problem, we're challenged with having an equal or greater impact on the world.

Chloe

Product Manager

How does the company support your career growth?

I joined Aspiration as an Account Manager. Now, I manage an affiliate program of 80+ accounts and support our direct media partners. In 1 year, I've grown beyond my own expectations. From leading a large product implementation to planning off-site activation events, my need of not being in a complacent position has been met from the moment I joined

Andre

Affiliate Manager

What are Aspiration Perks + Benefits

Culture
Volunteer in local community
Aspiration has participated in several volunteering activities, including Heal the Bay beach clean ups, LA Tech Gives Back beautification projects, and card making for Children's Hospital of LA.
Partners with Nonprofits
Aspiration partners with Accion, a nonprofit specializing in microloans. We give 10% of every dollar we earn to low-income Americans, funding up to $5,000 per person to jumpstart new businesses.
Friends outside of work
Eat lunch together
Intracompany committees
Aspiration has a communication committee that works to organize all-hands meetings, lunch and learns, and team-building events.
Daily sync
Open door policy
Team owned deliverables
Open office floor plan
Diversity
Documented equal pay policy
Highly diverse management team
Unconscious bias training
Diversity manifesto
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Aspiration employees can contribute up to $2600 annually to their FSA.
Disability Insurance
Disability insurance covers 60% of annual salary up to the maximum plan limit for up to 13 weeks.
Dental Benefits
Our dental plan covers 90% of premiums.
Vision Benefits
Aspiration covers 90% of premiums for vision coverage.
Health Insurance Benefits
Aspiration's health insurance policy covers 90% of medical premiums.
Life Insurance
Aspiration pays for basic life insurance coverage valued at $20,000 Basic Life & AD&D.
Onsite Gym
Retirement & Stock Options Benefits
401(K)
Company Equity
Stock options are available to fulltime employees
Performance Bonus
Child Care & Parental Leave Benefits
Flexible Work Schedule
Aspiration provides employees with a flexible work schedule that includes Flexible start and end times.
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Perks & Discounts
Casual Dress
Commuter Benefits
Company Outings
Parking
Pet Friendly
Aspiration's pet policy is Occasional bring your pet to work days.
Relocation Assistance
Professional Development Benefits
Lunch and learns
Aspiration hosts lunch and learn meetings on occasion.
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