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Current · 3 days ago

Head of Compliance

New York, NY

Full-time

Onsite

Director/Executive

$200K/yr - $290K/yr

10+ years exp

Current is a leading consumer fintech platform transforming financial access for everyday Americans. The Head of Compliance will lead the compliance program, evaluate regulations, perform risk assessments, and provide regulatory guidance on products and platform development.

BankingFinanceFinancial ServicesFinTech

Growth Opportunities

Responsibilities

Work with stakeholders to ensure compliance efforts are implemented, maintained, and governed effectively

Serve as Current’s Bank Secrecy Act (BSA) Officer, implementing and overseeing Current’s BSA/AML/OFAC Program

Evaluate existing regulations, perform compliance risk assessments, provide regulatory guidance on new product development, advise on platform development in response to changing regulations, identify and develop monitoring and testing routines and partner with business leadership to address client inquiries

Act as subject matter expert on consumer debit and credit regulatory compliance, ensuring products and associated documentation conforms to regulatory obligations

Maintain a compliance management framework by developing policies, procedures, training, and quality control processes

Regularly engage with bank partners as well as relevant regulatory entities as necessary

Develop and enhance compliance metrics and executive reporting

Qualification

Regulatory compliance experienceBSA/AML/OFAC ProgramConsumer financial servicesCompliance risk assessmentsCompliance training developmentLaw degreeTeam managementCommunication skills

Required

10+ years of regulatory/consumer compliance experience, with experience serving in a senior compliance management function

Knowledgeable in credit regulatory compliance and ensuring products and associated documentation conforms to regulatory obligations

Extensive knowledge in law, regulations, and subjects applicable to: BSA, TILA/Reg Z, Privacy, Complaints, Fair Lending, EFTA/Reg E

Experience developing the elements of a compliance program, including risk assessment, monitoring and testing planning, third party oversight, and compliance training

Technical knowledge of consumer laws / regulations specific to Current's product offerings

Experience communicating compliance risks associated with product proposals and advising stakeholders on developing both customer-facing content and key operational controls

A strong understanding of consumer financial services with a strong preference for experience with a consumer financial technology company

Ability to manage a team and simultaneously handle multiple tasks and changing priorities in an efficient and effective manner