Wayoh ยท 6 hours ago
Chief Compliance Officer
United States
Full-time
Remote
Director/Executive
$130K/yr - $160K/yr
6+ years expRaenest is a modern, multi-currency financial platform designed for Africans, offering fast, transparent, and affordable international payments. They are seeking an experienced and strategic Chief Compliance Officer to ensure compliance with regulatory requirements and lead the compliance team in supporting business growth.
Staffing & Recruiting
Hiring Manager
Matt Lang
Responsibilities
Develop and oversee Raenest's U.S. compliance framework, ensuring adherence to local, state, and federal regulations
Ensure compliance with Anti-Money Laundering (AML), Know Your Customer (KYC), data protection, and other financial regulations
Ensure strong knowledge and compliance with U.S. Bank Secrecy Act (BSA), Demand Deposit Account (DDA) regulations, and For Benefit Of (FBO) account management
Lead the process for acquiring Raenest's Money Transmitter License (MTL) across relevant states
Build and maintain strong relationships with banks and fintech partners to support regulatory compliance and business operations
Serve as the primary liaison with regulatory bodies and respond to audits, examinations, and inquiries
Lead compliance risk assessments and implement effective internal controls
Draft, update, and enforce company compliance policies and procedures
Conduct regular compliance training for employees to maintain a culture of compliance
Monitor and analyze regulatory changes and trends, advising leadership on necessary adaptations
Collaborate with legal, risk, and operations teams to align compliance initiatives with business objectives
Qualification
Required
Bachelor's degree in Law, Finance, Business Administration, or a related field; advanced degree or certification (e.g., CAMS, CRCM) preferred
6+ years of experience in compliance within the fintech, banking, or financial services sector
Extensive knowledge of U.S. financial regulations, including AML, KYC, BSA, DDA, FBO accounts, cross-border payments, and data privacy laws
Proven experience leading the acquisition of Money Transmitter Licenses (MTL), or at minimum knowledge of this process
Strong understanding of banking and fintech industry relationships and dynamics
Proven experience managing regulatory audits and relationships with regulators
Strong leadership skills with the ability to develop and manage compliance teams
Exceptional analytical, communication, and problem-solving skills
High ethical standards and sound judgment
Preferred
advanced degree or certification (e.g., CAMS, CRCM)
Benefits
Equity
Company
Wayoh
At Wayoh, we specialize in two spaces that shape how people live: Health and Wealth.
2-10 employees
Funding
Current Stage
Early StageLeadership Team
Matt Lang
Founder
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