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Compliance Associate (US)

Gaia

Gaia

Legal
New York, NY, USA
Posted 6+ months ago

At Gaia, we’re addressing inequality in fertility treatment by offering the world’s first IVF insurance product, which predicts outcomes and insures against the risk of unsuccessful treatment. Our proprietary technology brings certainty to an expensive, complicated, opaque, but resolutely hopeful, space.

We are FCA regulated and trade on the Lloyd's of London market as a coverholder of Chaucer. We have raised $30 million in funding to date, and our Series A round at the end of 2021 was led by Atomico. We’re proud of our shared commitment to improving fertility care access. Learn more about our partnership

We are ambitious, brave, and hyper focused on our goal: to help build 5,000 families by 2025.

We’ve been operating in the UK and we've recently launched in the US and we can’t wait for you to join us on this next chapter!


Our vision

What sets Gaia apart is our commitment to our mission: ensuring that everyone that wants to have a child should at least have a chance to try. The company’s founder, Nader AlSalim, realized how challenging the IVF process could be after he and his wife went through IVF treatment to build their family. Today, Gaia helps people with more than financing and protection: Members get 6 sessions of complementary counseling, the opportunity to talk to an independent embryologist, support groups, and in-person and online Member events.

The role

As our first US Compliance Associate you will act as a subject matter expert on a diverse range of regulatory compliance issues that apply to Gaia’s US business. You’ll play a crucial role in guiding our Finance, Sales & Marketing and Product teams and senior managers through the compliance landscape. Your expertise will help ensure compliance is achieved in the design, deployment and distribution of Gaia’s innovative products. We would like you to be based on the East Coast (NY preferable!)


What you will own

You will primarily be responsible for the implementation and monitoring of Gaia’s US compliance program. This will involve:

  • Executing compliance monitoring, testing, and other reviews in accordance with the established procedures and policies to provide ongoing independent assessment of compliance with applicable rules and regulations
  • Managing Gaia’s state reporting obligations in relation to its insurance and lending products
  • Liaising with business leads to create management information and compliance reports
  • Providing updates, training and education for management on federal and regional regulatory developments
  • Reporting of risks and incidents, with root cause analysis and remediation activity
  • Participating in specific risk-related committees to ensure that key actions are captured and followed up by the business as required as well as offering your own advice and suggestions to influence outcomes

You will also work closely with our Legal team to:

  • Provide the business with advice and support on a range of compliance issues, including data protection, governance, AML/OFAC, Truth in Lending Act, Equal Credit Opportunity Act
  • Review marketing materials to ensure compliance with applicable regulatory requirements
  • Conduct due diligence investigations on critical suppliers, brand partners, and other entities
  • Obtain and record declinations from admitted insurance carriers
  • Help expand Gaia’s US footprint by supporting new market entry initiatives by:
    • conducting compliance surveys to understand applicable compliance laws in those states and markets; and
    • supporting applications for new insurance and premium financing licenses

You’ll be great if

  • You have 3-5 years' experience in compliance testing, internal audit, or regulatory compliance within the banking or financial services industry, with a focus on consumer laws and regulations
  • You have the ability and willingness to comprehend and analyze consumer compliance laws and regulations
  • You are proactive with a can-do attitude, taking ownership of resolving issues and driving projects
  • You have excellent cross-functional communication abilities in an international environment
  • You are eager to learn and thrive in a fast-paced, growth-oriented business setting
  • You are a strong individual contributor with effective collaboration skills at all levels within the organization
  • You are passionate for creating a world where everyone who wants a family gets a chance to try


The way we work

We’re a Series A startup with an incredible amount of work to do, it should be no secret that this is not an easy ride. We’ve created a supportive but challenging and demanding environment. You need to care, commit and enjoy being outside of your comfort zone. Those that do well are embody our Gaia 4s:

  • Be extraordinary at what you do
  • Drive or get out of the way
  • Them, not you
  • When in doubt, be brave


Salary and Benefits

Here at Gaia, our employees are the foundation of our success. We believe it's super important that you are happy, healthy, and motivated.

As such, on top of a competitive market bench-marked salary, we offer private healthcare via Justworks, 401K, fertility support and other benefits.

On top of this, we offer all employees a set up budget when they join and a personal development budget each year to build upon your skills. We’re working hard on our reward and recognition framework to make sure that those who are excelling above and beyond get what they deserve.

Our salary band for our Compliance Associate role is between $100-$130k.


Diversity and Inclusion

At Gaia, we believe Diverse and Inclusive teams make better products, more successful businesses and help us to be better people.

Gaia counts 32 employees spanning 10+ different nationalities. Gaia’s board of directors is composed of founder Nader AlSalim and 2 women — from Kindred Capital and Leila Zegna from KindredCapital and Terese Hougaard. Women are also well represented at the company’s C-suite level (COO, CMO, Chief of Staff) and within Gaia’s data and engineering team, a traditionally male dominated field.

We strive to create an organisation that welcomes people and does not discriminate based on race, ethnicity, colour, ancestry, national origin, religion, sex, sexual orientation, gender identity, age, disability, veteran status, genetic information, marital status or any other legally protected status.


If you’re eager for a challenge, want to get stuck in and you're ready to make an impact on other people’s lives, apply below!

We aim to respond to all applicants within 1 week. There is no deadline for the application, our Compliance Associate role will be live until filled.