Compliance Associate - Bank Sponsorship & Product Expansion
Rain helps users buy, sell, and swap cryptocurrencies with regulated custody, bank-grade security, and 24/7 support across web and mobile.
Funding history
Investors
Projects
About Rain
Rain is a centralized crypto platform for retail and business users to buy, sell, and swap digital assets. The platform is licensed by the Central Bank of Bahrain and ADGM’s FSRA, offers cold storage custody, and provides bilingual 24/7 human support. Users can manage portfolios, use advanced trading with charts and order types, and access an OTC desk for large orders. The service includes clear fees, verification, and mobile apps.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will manage compliance workstreams for sponsor-bank relationships, product launches, and market expansions. You will translate agreements and regulations into product requirements, maintain launch documentation, support reviews and audits, monitor regulatory developments, and coordinate deliverables across stakeholders.
Requirements
- 4+ years of compliance, risk, or regulatory experience in banking, fintech, or payments
- Knowledge of bank sponsorship and Banking-as-a-Service models
- Knowledge of third-party risk management expectations
- Familiarity with BSA/AML, UDAAP, Reg E, Reg Z, Reg CC, EFTA, and GLBA
- Ability to interpret bank partnership agreements, regulatory guidance, and compliance requirements
- Cross-functional collaboration with Product, Engineering, Legal, and bank partners
- Written communication and compliance documentation experience
- Project management and organizational skills
- Compliance risk assessment skills
Responsibilities
- Serve as a day-to-day compliance contact for sponsor bank partners
- Review products, features, and market expansions for compliance impact
- Translate regulations and bank partner requirements into product requirements
- Build and maintain compliance documentation, policies, checklists, controls, and risk assessments
- Interpret bank partnership agreements, network rules, and regulatory guidance
- Partner with Product and Engineering during product design
- Support disclosure, marketing, and UX reviews
- Support bank oversight activities, audits, exams, and third-party risk assessments
- Monitor regulatory and network developments affecting card issuing, BaaS, and stablecoin-linked payments
- Track compliance deliverables and escalate risks
Benefits
- Unlimited time off with a 10-day minimum
- Flexible workplace options, including working from home or an office
- Home workspace setup stipend
- 95% employer-paid health, dental, and vision plan costs for US employees
- 90% employer-paid health, dental, and vision plan costs for dependents
- Company-subsidized life insurance
- 401(k) with a 4% company match
- Equity option plan
- Monthly health and wellness stipend
- DoorDash credit for in-office lunch and dinner
- Domestic and international team and company offsites