SlipstreamJobs tracks this role from the company's public career site. Apply directly on the employer's site.
Rain is a global stablecoin payments platform for enterprises, neobanks, platforms, developers, and AI agents. The company provides infrastructure for moving, storing, and using stablecoins instantly and compliantly through global payment cards, rewards, on/offramps, wallets, and cross-border rails. Rain is a Visa and Mastercard Principal Member, issues cards accepted at 175+ million merchant locations across 220+ countries, and is trusted by 100+ organizations. The company recently closed a $250M Series C in January 2026, valuing it at $1.95B, backed by ICONIQ, Sapphire Ventures, Dragonfly, Bessemer Venture Partners, and others.
In this role, you will serve as a compliance associate supporting bank sponsorship relationships and compliance workstreams for new product and market expansion. You will sit at the intersection of Product, Engineering, Legal, and sponsor banks, translating partnership agreements and regulatory requirements into concrete product requirements and preparing documentation that bank partners rely on. This is a high-visibility, execution-heavy role requiring comfort with both bank partnership agreements and product spec reviews. You will see products from concept through launch and own the compliance record that makes each launch defensible.
Key responsibilities include:
- Serving as the day-to-day compliance point of contact for sponsor bank partners, responding to diligence requests, preparing materials, and tracking open items to closure
- Reviewing new products, features, and market expansions for compliance impact, translating regulations and bank partner requirements into clear, actionable product requirements
- Building and maintaining compliance documentation including requirement matrices, policies and procedures, launch checklists, control descriptions, and risk assessments
- Reading and interpreting bank partnership agreements, network rules, and regulatory guidance, flagging where product designs create obligations or gaps
- Partnering with Product and Engineering from the design process start to ensure compliance requirements are built in rather than retrofitted
- Supporting disclosure, marketing, and UX reviews for accuracy and consistency with consumer protection expectations (UDAAP, Reg E, Reg Z, Reg CC)
- Supporting bank partner oversight activities, audits, exams, and third-party risk assessments, including evidence collection, remediation tracking, and follow-up
- Monitoring regulatory and network developments relevant to card issuing, BaaS, and stablecoin-linked payments, summarizing practical implications for the business
- Tracking compliance deliverables and deadlines across multiple concurrent launches and stakeholders, escalating risks early and clearly
The company emphasizes an open, flat structure where team members at all levels have freedom to explore ideas and impact the roadmap and vision. Benefits include unlimited time off (minimum 10 days required), flexible working arrangements, 95% health/dental/vision coverage for US employees, 401(k) with 4% match, equity options for all employees, monthly health and wellness stipend, in-office meals via DoorDash credit, and domestic and international team offsites.
REQUIREMENTS:
- 4+ years of experience in compliance, risk, or regulatory roles within banking, fintech, or payments
- Working knowledge of the bank sponsorship / Banking-as-a-Service (BaaS) model and third-party risk management expectations
- Familiarity with core consumer financial regulations (BSA/AML, UDAAP, Reg E, Reg Z, Reg CC, EFTA, GLBA)
- Ability to read and interpret bank partnership agreements, regulatory guidance, and compliance requirements, and translate them into clear, actionable product requirements
- Strong cross-functional collaboration skills, comfortable working directly with Product, Engineering, Legal, and bank partners
- Excellent written communication skills, including experience creating compliance documentation (requirement matrices, policies, checklists)
- Detail-oriented with strong project management and organizational skills; comfortable tracking multiple deliverables and deadlines across stakeholders
- Analytical mindset with the ability to assess compliance risk and prioritize issues
BONUS ATTRIBUTES:
- Prior experience working directly with a sponsor bank or bank partnership team
- Experience at a fintech, neobank, or payments company
- Familiarity with product and project management tools
- Professional certification such as CRCM (Certified Regulatory Compliance Manager), CAMS (Certified Anti-Money Laundering Specialist), or similar
- Experience supporting bank exams, audits, or third-party risk assessments
- Exposure to stablecoins, digital assets, or cross-border payments
