Do you want to change the world? we do, too.
The energy market is roughly $4 trillion globally, and solar penetration is less than 1%But just one hour of sunlight, if harnessed, could power the entire world for a yearWe have the opportunity to completely change the way energy is produced, distributed and consumed on a global scale, and we’re looking for talented, committed people to help us drive our growth and achieve our goals.
Sunpower is a global solar energy solutions company with a rich heritage of pioneering the best energy technologies in the worldOur solutions are unrivaled in terms of long-term reliability, efficiency and guaranteed performance, and our company is unmatched in terms of global reach and scaleThrough design, manufacturing, installation and ongoing maintenance and monitoring, sunpower provides its proprietary, world-record efficient solar technology to residential, commercial and utility customers worldwide.
Sunpower is changing the way our world is powered every day with a brilliant, passionate and driven team of more than 2,000 in north america and the philippinesIn an industry that is reshaping the world’s energy future, there’s no better place to be than sunpower.
We believe that our employees create our brand – with each project, each communication, each task completed and each interactionExperience is critical to sunpower in regards to not only our customers but also our employees and dealer partnersAs such, we strive to hire candidates that are service focusedThe experience we would expect the ideal person to deliver is:
Sunpower’s mission is to change the way the world is poweredSolar energy is one of the fastest-growing industries in the usNot only is going solar beneficial for the planet; for most americans it also saves money vsBuying power from the utilityStudies show that the #1 barrier to solar adoption is concern over how to pay for initial installationThe mission of the financial products team is to remove that barrier by making it cheap and easy for customers to go solarThis role offers the opportunity to have an impact at scale immediately.
Reporting to the evp and head of financial products, with a dotted reporting line to the evp, general counsel of sunpower, the srDirector of compliance is the most senior compliance leader in the financial products organization and is a member of financial products leadership teamThis role will lead and grow a new team with end-to-end ownership of the compliance capabilities that sunpower needs to offer a proprietary suite of world class financial productsThis team serves four main customer types – consumers, dealers, home builders, and investors – each with its own unique financial needsThis leader will be responsible for managing all aspects of the compliance function for the origination and servicing of sunpower’s loans and leases, to ensure the adherence to all relevant laws, regulations, and company policiesAdditionally, the srDirector of compliance will be responsible for maintaining the company’s framework for compliance risk management and will work closely with senior leaders across the organization to ensure effective implementation.
Primary responsibilities
Establish strategic direction for, oversee and maintain an effective compliance management system (cms) for all legal and regulatory requirements applicable to sunpower financial products business, including the following elements:
Maintain a thorough understanding of all relevant federal and state regulations and works closely with legal, software engineering, and product management teams to operationalize new or changing regulations into compliance programs
Ensure the company is meeting all regulatory recordkeeping and reporting requirements
Develop and maintain effective compliance programs for fair lending, third party compliance, udaap and privacy risk management
Develop and maintain inventory of compliance control standards, including consumer regulatory requirements and customer commitments
Develop and execute compliance programs, policies, standards and procedures which support the 1st line in effectively managing compliance risk
Ensure clear accountability for cms execution across the company and determine organization required, including skill and staffing needs, as well as technology required, for the compliance team to implement and maintain the cms
Anticipate new or potential laws and regulations for potential impact to sunpower and our customers and develop appropriate mitigation and implementation approaches.
Ensure requirements remain up to date and are communicated to process owners
Periodically conduct a compliance risk assessment and performs a compliance maturity assessment
Oversee the development of and adherence to required compliance training for new and current employees
Provide oversight to ensure appropriate documentation, root cause analysis, and remediation of issues with consumer impacts, audit findings, compliance testing findings, and regulatory findings
Monitor 1st line compliance with programs, policies, standards and procedures
Oversee 1st line complaint management, challenging root cause analysis, ensuring issues are investigated and root causes are analyzed and addressed
Ensure an effective compliance culture within the financial products organization, supported by tone from the top, clear expectations, monitoring, and escalation
Provide regular reporting to the board regarding the state of the compliance program and current and emerging compliance risks.
Participate in regulatory and audit exams regarding compliance and lead or oversees corrective action associated with regulatory requirements or orders
Qualifications
Hands-on, practical experience developing and delivering a comprehensive compliance program identifying, monitoring and controlling consumer lending regulatory risks at scale
Deep understanding of the consumer finance industry, preferably with prior experience in point-of-sale finance, home improvement lending, auto lending/leasing, or personal loans
Prior experience hiring, developing, and retaining a high-performing team.
Experience presenting to the executive leadership and preferably a board
Track record of building credible relationships with state regulators and the cfpb
Broad risk management experience and a deep understanding of the roles, responsibilities, and interconnectedness of the three lines of defense
The ideal candidate will be the sort of person who thrives in a fast-paced, start-up environment characterized by a high degree of ambiguity and innovation
Leadership behaviors
Professional traits that are not unique to this position but necessary for sunpower leaders:
Exhibits excellent judgment
Hires great peopleDevelops great people.
Has relentlessly high standards and attention to detail
Expects and requires innovation of their team
Thinks big and has convictions
Delivers results
Has the innate ability to inspire passion in others
Equal employment opportunity
The company is an equal employment opportunity employer and makes employment decisions, including but not limited to, hiring, firing, promotion, demotion, training, and/or compensation, on the basis of meritEmployment decisions are based on an individual’s qualifications as they relate to the job under considerationThe company’s policy prohibits unlawful discrimination based on sex (which includes pregnancy, childbirth, breastfeeding, or related medical conditions, the actual sex of the individual, or the gender identity or gender expression), race, color, religion, including religious dress practices and religious grooming practices, sexual orientation, national origin, ancestry, citizenship, marital status, familial status, age, physical disability, mental disability, medical condition, genetic information, protected veteran or military status, or any other consideration made unlawful by federal, state or local laws, ordinances, or regulationsThe company is committed to complying with all applicable laws providing equal employment opportunitiesThis commitment applies to all persons involved in the operations of the company and prohibits unlawful discrimination by any employee of the company, including supervisors and co-workers.
Eoe minorities/females/protected veterans/disabled
Sunpower supports eeo
Accommodation for applicants to sunpower corporation
Sunpower corporation is an equal employment opportunity / affirmative action employer and provides reasonable accommodation for qualified individuals with disabilities and disabled veterans in job application proceduresIf you have any difficulty using our online system and you need a reasonable accommodation due to a disability, you may use the following alternative email address to contact us about your interest in employment at sunpower corporation: jobs@sunpower.comPlease indicate in the subject that line of your email that you are requesting accommodationOnly candidates being considered for a position who require an accommodation will receive a follow-up response.
Notice to all applicants and employees
Availability of affirmative action plan for review
Sunpower is a federal government contractorAs a part of the company’s obligations under law, it must develop a written affirmative action program (aap) for the disabled, recently separated veterans, armed forces service medal veterans, disabled veterans and active duty wartime or campaign badge veterans and for women and minorities as specified by lawNon-confidential and non-proprietary aspects of the aap are available for inspection by applicants and employees, consistent with applicable law, which will be made available during office hours by contacting the eeo officer.
