Rain Product Compliance Manager at Rain responsible for ensuring every product is compliant by design. Own the compliance review process from product requirements to launch, coordinating with Product, Engineering, Legal, and Compliance teams.
Responsibilities
We're hiring a Product Compliance Manager to make sure every product Rain ships is compliant by design. You'll sit between Product, Engineering, Legal and Compliance, turning regulations and card network rules into clear product requirements before code is written, not after launch.
Rain moves fast: partners go live in weeks, and new products like embedded wallets, credit and prepaid programs, and agent-issued virtual cards keep coming. You'll own the compliance review that lets that speed hold up with regulators, the networks, our bank partners and auditors.
Own product compliance reviews. Assess new products, features and partner programs end to end, from PRD to launch, and sign off on the compliance requirements each one needs.
Translate rules into requirements. Turn regulations and network rules into concrete specs, controls and acceptance criteria that Product and Engineering can build against.
Keep card programs network-compliant. Own adherence to Visa and Mastercard operating rules as a Principal Member, including program approvals, network registrations and periodic attestations.
Cover consumer protection. Apply Reg E, Reg Z, TILA, UDAAP, ECOA and state requirements to cardholder agreements, disclosures, fees, rewards and dispute flows.
Review partner programs. Assess partner use cases, marketing materials, cardholder terms and onboarding flows before launch, and monitor them after.
Partner with Financial Crimes. Make sure KYC/KYB, sanctions screening and transaction monitoring requirements are built into products such as wallets, payouts, onramps and offramps.
Track the landscape. Follow stablecoin, payments and money transmission developments in the US and abroad, including federal stablecoin rules and MiCA, and flag what changes our roadmap.
Build the program. Maintain product compliance policies, the review process, a product risk inventory and the evidence trail that bank partners, networks, regulators and auditors ask for.
Qualification
5+ years in product complianceHands-on knowledge of card issuingSound judgment on riskExperience with stablecoinsFamiliarity with BSA/AMLThings that enable a fulfilling
Required
5+ years in product compliance, regulatory compliance or a similar role at a fintech, card issuer, program manager, sponsor bank or payments company.
Hands-on knowledge of card issuing: Visa and/or Mastercard operating rules, prepaid and credit programs, and the issuer–processor–program manager model.
Working knowledge of US consumer financial regulation, including Reg E, Reg Z, UDAAP and state money transmission rules.
A track record of reviewing products before launch and writing requirements that engineers actually build from.
Sound judgment on risk: you know when to say "yes, if" and when to say no, and you can explain both.
Clear writing for very different readers, from an engineer's ticket to a bank partner's due diligence questionnaire.
Preferred
Experience with stablecoins, digital assets or crypto-linked card programs.
Exposure to international regimes such as MiCA, UK FCA rules or APAC payments licensing.
Background at a Principal Member issuer or sponsor bank, including network audits or bank partner exams.
Familiarity with BSA/AML, OFAC and FinCEN requirements.
A JD or a certification such as CAMS or CRCM.
Comfort reading API docs and working inside tools like Linear, Jira or Notion.
Things that enable a fulfilling, healthy, and happy experience at Rain:
Unlimited time off 🌴 Unlimited vacation can be daunting, so we require Rainmakers to take at least 10 days off.
