Sezzle · 1 week ago
Chief Compliance Officer (ILC)
United States
Full-time
Remote
Director/Executive
$250K/yr - $750K/yr
10+ years expSezzle Bank ILC is a de novo Industrial Loan Company (ILC) in formation, wholly owned by Sezzle Inc., a leading fintech company known for its innovative and ethical approach to financial services. The Chief Compliance Officer will establish and maintain an enterprise-wide risk management and compliance framework, ensuring adherence to laws and regulations while managing various aspects of risk.
E-CommerceFinancial ServicesFinTechMobile PaymentsPayments
Responsibilities
Design, implement, and oversee a comprehensive second-line risk management framework
Identify, assess, monitor, and report on all categories of risk, including credit, liquidity, market, operational (including legal, compliance, and technology), and model risk
Define and enforce enterprise-wide risk appetite, risk limits, and escalation procedures
Serve as the principal advisor to the CEO and the Board Risk and Compliance Committee on risk matters
Identify and evaluate emerging risks, particularly in relation to new products, services, or markets
Supervise the Compliance Officer, who will lead the Bank’s consumer compliance program and serve as the Community Reinvestment Act (CRA) Officer
Ensure adherence to all federal and state compliance regulations, including fair lending, UDAAP, ECOA, HMDA, and more
Oversee implementation of complaints handling, compliance training, and monitoring programs
Supervise the BSA Officer, who will be responsible for: Developing and maintaining the Bank’s BSA/AML and OFAC policies and procedures
Conducting institution-wide BSA/AML/OFAC risk assessments
Ensuring operational effectiveness of all controls related to BSA/AML and sanctions compliance
Coordinating training, regulatory reporting (e.g., SARs/CTRs), and system monitoring
Ensure timely and accurate reporting to the Board and regulators on the health of the BSA/AML/OFAC program
Oversee the Bank’s Chief Information Security Officer (CISO) and ensure the protection of customer data and the integrity of information systems
Monitor cybersecurity risk and ensure proper governance and incident response protocols
Develop and manage a model governance framework, including model risk policies, inventory, validation, and documentation standards
Serve as the Bank’s primary contact with regulators for all risk and compliance-related matters
Prepare for and respond to regulatory examinations and inquiries
Support internal and external audit processes and oversee remediation of findings
Ensure risk and compliance frameworks support business strategy and regulatory expectations
Develop strong working relationships with business units to provide insight and support on risk and compliance matters
Report to and advise the Board Audit / Risk and Compliance Committee, including regular updates on key risk indicators, regulatory changes, and program enhancements
Qualification
Required
Must reside in or be willing to relocate to Utah (on-site presence required)
Minimum of 10 years of experience in financial services risk and compliance, with at least 5 years in a senior leadership role
Demonstrated expertise in BSA/AML and OFAC compliance, including program management and regulatory interaction
Strong knowledge of applicable banking laws and regulations, including FDIC, FRB, FinCEN, and Utah state regulatory frameworks
Experience managing or overseeing Compliance Officers, BSA Officers, and information security functions
Exceptional communication skills with the ability to engage effectively with regulators, Board members, and cross-functional leaders
Preferred
Prior experience with a de novo bank, ILC, or fintech-bank hybrid
Regulatory background or direct engagement with federal/state examiners
Professional certifications such as CRCM, CAMS, or CIA
Familiarity with model risk management and validation frameworks
Benefits
Performance bonus
Equity incentive
Company
Sezzle
Sezzle provides a buy now, pay later solution platform.
201-500 employees
H1B Sponsorship
Sezzle has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (17)
2024 (11)
2023 (15)
2022 (24)
2021 (9)
2020 (12)
Funding
Current Stage
Public CompanyTotal Funding
$626.6MKey Investors
DiscoverBastion Management
2024-05-17Post Ipo Debt· $225M
2022-10-18Post Ipo Debt· $100M
2021-07-15Post Ipo Equity· $30M
Leadership Team
Charlie Youakim
CEO
Karen Miller Hartje
CFO
Recent News
2026-01-22
2025-12-28
The Motley Fool
2025-12-24
Company data provided by crunchbase