Licensing Manager

Stilt (YC W16) is building a bank focused on 45 million immigrants in the US. Immigrants are traditionally shut out of the financial system because they lack a financial identity. We are building technology to democratize access to financial services.

Improving access to financial services for everyone, especially for the underserved and immigrants has never been more important. They contribute $1.6T to the economy, have built many $100B+ companies, and generated millions of jobs. Still, immigrants don't get the services they deserve. We are building technology to help immigrants from day 1 of their arrival. Since launch, we have helped hundreds of thousands of immigrants from 160+ countries. We are growing fast and now at an inflection point in our journey to help millions of immigrants.

We are based in San Francisco (open to remote), founded by an immigrant team with expertise in finance, technology, and machine learning. 70% of the team is immigrants and from underrepresented backgrounds. We are working hard to make financial services simple by using non-traditional data, building a modern scoring and decision engine, and improving operational efficiency.

In this role you would own all aspects of licensing matters. You can expect to work in areas of state licensing, regulatory compliance examinations, and regulatory compliance readiness for multiple vendors. Knowledge of consumer lending regulations such as Reg Z & TILA, Reg B & Fair Lending, UDAAP, Reg V & FCRA, Reg E & EFTA, MLA & BSA, Red Flags, and GLBA.

You will report to the Head of Legal and Compliance.

Responsibilities

• State License Application Management
• NMLS and other State Database Maintenance
• Verify that all business units operate within local, state, and federal laws, procedures, and regulations.
• Responsible for state licensing and all license renewals
• Responsible for Secretary of State submissions and renewals
• Collect and analyze data to ensure departments are in compliance with state and federal regulations.
• State Registration and tracking of monthly, quarterly, and annual reports
• Regulatory Exam Support
• Collaborate with Legal to ensure state regulatory requirements (including procedural best practices) are correctly captured.
• Collaborate with Legal to update company policies to ensure they reflect state requirements
• Cross functionally work with team partners to create procedural documentation across departments
• Ability to project manage, multitask, and implement regulatory changes

Requirements

• 5+ years of compliance or equivalent experience in a regulatory compliance space
• Prior experience working closely with external regulators and auditors
• 1+ years of experience working with NMLS
• Strong written and spoken communication skills
• Exceptional attention to detail
• Ability to prioritize work in a fast paced environment
• Experience supporting compliance initiatives in a startup environment
• Ability to autonomously accomplish outcomes across cross-functional teams

Benefits

We offer competitive compensation and benefits. Our employees love all the little things we do to celebrate them and make them feel a part of a strong team.

• The opportunity to collaborate with a team of creative, fun, and driven colleagues on products that have an immediate and significant impact on people's lives
• Comprehensive medical, dental, and vision coverage (we cover 90% of insurance premiums)
• Contribute to a 401(k) (managed by Guideline)
• Virtual cards for you to spend on anything that can help you do your work better (no questions asked and no reimbursements need to be filed)
• Paid expenses (food, drinks, travel) when you meet team members close by (no questions asked and no reimbursements need to be filed)
• A laptop of your choice with any configuration (Windows or Mac)

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