Compliance Manager

About Fruitful

Fruitful is fixing personal finance. We started with a product that gives members a path to financial confidence via 1-on-1 guidance from professionals, access to an industry-leading 5% high yield savings account, along with a tailored investment management platform. This is the first step towards a larger vision to be a paradigm-shifting leader in the personal finance ecosystem

.
As a next step, we’ll be launching an industry changing money management product. We’re looking for an incredible person to grow our Compliance team and help push Fruitful forwar

d.
Fruitful has the opportunity to be more affordable, accessible, and comprehensive than anyone in the industry, and it starts with a world-class product… Ready to help us build

it?
Product @ Frui

tful
At Fruitful, we believe compliance is a shared responsibility, as well as a competitive advantage. We are seeking a nimble Compliance Manager with a strong background in retail banking, investment advisory, and/or regulatory product compliance. Your broad understanding of the financial regulatory landscape will support our development of innovative, best-in-class financial products and services for Fruitful Members. You will play a crucial role in driving compliance initiatives in partnership with our NYC-based Compliance Director. You will collaborate across departments to provide actionable regulatory compliance guidance and enhance our processes, training, and assessm

ents.
Core responsibilities in

• clude:Assist in the development and enhancement of compliance policies and procedures; ensure updates are published and communicated broadly; maintain a list of policies currently being created or materially amended; and coordinate periodic policy r
• eviewsProvide guidance and ongoing support on managing compliance risks and applying compliance requirements to payments and card products and pro
• cessesInterpret existing organization-wide compliance risk policies and procedures and provide support in the development of compliance procedures specific to payments and card pr
• oductsCoordinate compliance monitoring, maintain assessments of operations, drive testing and controls (e.g. investment adviser code of ethics, transaction monitoring, KYC/CIP escalations, and customer risk evaluation) in order to mitigat
• e riskReview marketing collateral, product copy, and other consumer facing communications for adherence to regulatory requirements, company standards and industry best pra
• cticesSupport and enhance the Compliance team’s technology applic
• ationsSupport regulatory filings, exams, and information re

quests
Your Background &

• Values4+ years of experience in a compliance, legal, or operations role, preferably within an RIA or consumer financial services
• sectorStrong knowledge of - and experience researching, interpreting, and applying - key regulatory requirements, laws, and industry best practices (including but not limited to SEC, Investment Advisers Act, Securities Act, UDAAP, GLBA, BSA/AML, RegZ/TILA, FCRA, InfoSecurity Frameworks) in a rapidly evolving business envi
• ronmentExperience designing and building Compliance Management Programs, Issue Management, Risk Assessment Methodologies, and Compliance C
• ontrolsDesire to collaborate and have the ability to influence both your colleagues and external partners to achieve consensus on regulatory risk issues and appropriate mitigation str
• ategiesDirect experience in financial services payments processing, claims and disputes, complaints, and card operations audit experience and expert understanding of applicable laws, regulations, financial service, and regulatory trends that impact bank p
• roductsAbility to come up with solutions to issues, with minimal oversight from your leadersh
• ip teamCreative mindset for finding solutions that ensure the best experience for our
• MembersIndependent problem solver that actively identifies areas of opportunity and/
• or needExcellent analytical, verbal and written communication
• skillsDesire to join a fast-moving, early-stage, mission-driven
• companyPreference for regular, in-office collaboration in NYC on a hybrid s

chedule
Fruitful’s Compensation and

• BenefitsCompetitive compensation package including salary an
• d equitySelf-directed flexible
• time-offParent
• al leaveWork-from-home setup
• stipend401(k) program with compa
• ny matchFree Fruitful me
• mbershipComprehensive health benefits package with a substantial employer

subsidy
Fruitful is building a team that seeks to represent the diversity of our customer base. We are an equal opportunity employer and strongly encourage applicants from every background and life experience without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disabili