Senior Compliance Associate

About the role

This role focuses on maintaining Figure's compliance with state lending regulations. You will be responsible for managing the company's portfolio of multi-state mortgage and consumer lending licenses through the NMLS and state portals. This includes preparing and submitting new license applications as the company expands its operations.

A key part of the position involves ensuring accurate and timely regulatory reporting. You will lead the preparation and submission of annual reports, quarterly Mortgage Call Reports, and financial condition filings. This requires collaboration with internal Data, Operations, and Finance teams to verify loan production and servicing data for compliance.

You will also act as the primary contact for state regulatory examinations, coordinating internal data room preparation and drafting responses to examination findings. This involves working with business units to implement corrective actions and tracking their resolution, ensuring the company adheres to all compliance requirements.

The base compensation for this role ranges from $74,800 to $112,200 annually, with an additional 25% annual bonus target and company equity.

Skills that matter here

• compliance: This role requires ensuring adherence to federal and state lending regulations within a fintech context.
• regulatory: You will manage all aspects of regulatory reporting and serve as the main point of contact for state regulatory examinations.
• mortgage lending: The position involves overseeing multi-state mortgage lending licenses and understanding related regulations.
• consumer finance: You will handle compliance for consumer lending activities and need a strong grasp of relevant consumer finance regulations.
• data analysis: This role requires auditing and reconciling loan data to ensure accuracy for regulatory reporting purposes.

Who this role suits

• Someone with at least 4-6 years of compliance or regulatory experience in mortgage or consumer finance.
• An individual highly proficient with the NMLS portal and federal/state lending regulations.
• A person who has directly participated in or led state regulatory examinations.
• Someone capable of managing multiple strict regulatory deadlines while maintaining accuracy and attention to detail.

From the employer

What You'll Do

• Oversee the company’s multi-state mortgage lending and consumer lending license portfolio via the Nationwide Multistate Licensing System (NMLS) and individual state portals.
• Manage the research, preparation, and submission of new corporate, branch, and individual MLO (Mortgage Loan Originator) license applications as the company expands.
• Lead the timely preparation, validation, and submission of all required state annual reports, quarterly Mortgage Call Reports (MCR), and financial condition filings.
• Partner with internal Data, Operations, and Finance teams to pull, audit, and reconcile loan production and servicing data to ensure 100% accurate regulatory reporting.
• Manage required material change notifications to state regulators regarding corporate structure, executive leadership, or business activities.
• Serve as the primary liaison and Lead Project Manager for all state regulatory examinations (e.g., routine compliance audits, financial exams).
• Coordinate internal data-room preparation, gathering loan files, policies, procedures, and corporate records requested by examiners. Pre-review materials for quality assurance.
• Draft formal responses to examination findings and collaborate with business units to implement corrective action plans, tracking them through to successful resolution.

What We Look For

• Minimum of 4-6 years of compliance or regulatory experience within a mortgage lender, consumer finance company, or banking institution.
• High proficiency with the NMLS portal is required.
• Strong foundational understanding of federal and state lending regulations (e.g., TILA/RESPA, ECOA, FCRA, SAFE Act, and state-specific Consumer Credit Codes). Specifically a strong foundational understanding of open-end credit products.
• Proven experience directly participating in or leading state regulatory examinations.
• Bachelor’s degree in Business, Finance, Legal Studies, or a related field (or equivalent practical experience).
• Familiarity with digital assets, cryptocurrency, or blockchain technology and an understanding of how regulators view asset-backed lending (preferred).
• CRCM (Certified Regulatory Compliance Manager) or CAMS (Certified Anti-Money Laundering Specialist) designation (preferred).
• Ability to manage multiple strict regulatory deadlines simultaneously without sacrificing accuracy.
• Exceptional written and verbal communication skills, with the ability to interface confidently with state regulators and executive leadership alike.
• A sharp eye for data discrepancies and a proactive approach to identifying compliance gaps before they become audit issues.

Salary

• Base Compensation Range: $74,800-$112,200/yr
• 25% annual bonus target, paid quarterly
• Company equity in the form of RSUs

Benefits

• Comprehensive medical, dental, and vision coverage, with 100% employer-paid premiums for employees and their dependents on select plans
• Company HSA, FSA, Dependent Care FSA, 401(k), and commuter benefits
• Employer-paid life and disability insurance
• 11 observed holidays and PTO plan
• Up to 12 weeks of paid family leave
• Continuing education reimbursement