Reg-E Manager

What Is MyBambu?

MyBambu is a cutting-edge fintech platform delivering the first all-in-one mobile digital financial solution for underserved, primarily Hispanic communities. With a focus on financial inclusion, MyBambu offers easy access to a range of services, including checking accounts without credit checks, remittance services, bill payments, and mobile top-ups. Recognized with the FIS Impact Award for innovation in 2020, MyBambu is dedicated to breaking down barriers to financial access and literacy, empowering users through a bilingual, user-friendly mobile experience tailored to diverse needs.

MyBambu participates in E-verify and will provide the Social Security Administration (SSA) and, if necessary, the Department of Homeland Security (DHS), with information from each new hire’s Form I-9 to confirm work authorization.  Find out more information: E-Verify Participation Poster or Right to Work Poster.

Your Opportunity:

The impact that you can have at MyBambu is powerful. We’re looking for someone who’s eager to take on a meaningful role in the success of MyBambu on a massive scale. Someone who takes works seriously, but also isn’t afraid to have some fun either. Someone who’s ready to take MyBambu—and their career—to the next level.

This role focuses on ensuring a fintech company's compliance with Regulation E (Reg E), which governs electronic fund transfers and consumer protections in the US. 

Key Responsibilities

• Serving as a subject matter expert on Reg E and other relevant consumer financial regulations (e.g., Dodd-Frank, UDAAP).


• Developing, implementing, and maintaining compliance policies, procedures, and internal controls specifically for products and services subject to Reg E, such as prepaid cards and other electronic funds transfers.


• Reviewing and approving product features, marketing content, and customer communications for Reg E compliance.


• Identifying and assessing compliance risks associated with Reg E and developing mitigation strategies.


• Acting as a point of contact for regulatory inquiries and examinations related to Reg E, ensuring timely and accurate responses.


• Developing and delivering training programs to educate employees across departments (product, engineering, marketing, etc.) on Reg E requirements and fostering a culture of compliance.


• Overseeing debit card and ACH dispute processing and ensuring compliance with Reg E requirements and timelines related to disclosures, error resolution, and unauthorized transfers.


• Working closely with legal, product, engineering, and other teams to embed compliance requirements into product development and operational processes.


• Keeping abreast of changes to Reg E and other relevant regulations, industry best practices, and federal supervisory guidance. 
  
  

Qualifications

• Bachelor's degree in finance, law, or a related field; certifications like CRCM or CAMS are often preferred.


• 5+ years of experience in compliance, with a strong focus on Regulation E and experience with products like prepaid cards, debit cards, and electronic fund transfers.


• Deep understanding of Reg E, Dodd-Frank, UDAAP, and other relevant consumer financial regulations.


• Familiarity with compliance automation tools and technologies (RegTech) and the ability to work with engineers and product teams to embed compliance controls into systems.


• Strong leadership skills, with the ability to manage and guide teams, along with excellent written and verbal communication skills.


• Ability to assess complex regulatory requirements, identify risks, and develop effective solutions.


• Meticulous attention to detail in reviewing documentation, analyzing processes, and ensuring accurate reporting. 
  
  

Physical Requirements: 

• Prolonged periods sitting at a desk and working on a computer.


• Must be able to lift up to 15 pounds at times.
  
  

MyBambu Benefits:

• Excellent medical coverage.


• Fifteen (15) days of Paid Time Off.


• Seven (7) days of Paid Holidays.


• Our small family corporate culture.