Job Summary

Responsibilities

Identify potential areas of compliance vulnerability and risk; Develop corrective action plans for resolution of any identified issues, and provide general guidance avoidance of similar situations in the future.

Identify fraudulent and abusive spend and customers, and create the policies and procedures to address it;

Develop and provide reports based on both quantitative and qualitative data to the C-levels, executives

Responsible for interpreting current and evolving state and federal banking and credit laws, implementing compliant policies and procedures, and determining regulatory requirements of new financial offerings by the company

Perform in-depth investigative research on users (retail and corporate) by utilizing a range of internal data (e.g., transaction activity, KYC etc.) and external data (e.g. blockchains, internet, media, legal, corporate and other publicly available records and databases).

Stay current with industry best practices and guidance related to regulatory compliance.

Serve as the primary point of contact for regulatory examinations and inquiries, external audits, and third-party diligence requests

Requirements

You have a demonstrated passion for collaborating with other departments to ensure compliance issues are addressed, investigated, resolved and once resolved, continually adhered to in practice;

5+ years of relevant experience at a bank, credit union, nonbank lender, fintech and/or regulatory agency

3+ years experience leading and building teams

Strong knowledge of prepaid, credit card, BSA/AML, privacy and payment laws

Strong knowledge of control frameworks and the ability to design and evaluate effectiveness of controls embedded within business processes

Excellent understanding of operations related to AML, fraud, sanctions, etc.

Strong technical understanding of the financial services regulatory environment

Rudimentary understanding of bitcoin, with a demonstrated passion and commitment to learning more