Director of Compliance- Data Privacy jobs in United States
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Paymentus · 2 hours ago

Director of Compliance- Data Privacy

Paymentus is a company focused on compliance and data privacy, and they are seeking a Director of Compliance- Data Privacy. The role involves providing leadership and legal guidance on compliance strategies, managing regulatory changes, and ensuring adherence to applicable laws and best practices.

Financial ServicesFinTechPaymentsSoftware

Responsibilities

The Director provides leadership and direction to various compliance units to ensure the company maintains its compliance with all applicable laws and best practices
The Director will provide professional legal services on behalf of the company
Provides strategic, proactive, and interpretive guidance to leadership on changing governmental and legal requirements
Provides expert legal guidance for key compliance strategies, new products and initiatives
The Director leads the Company's compliance with Paymentus’ standards, including but not limited to compliance risk assessments, policy management, and regulatory change management, including but not limited to monitoring, evaluating, and communicating changes in regulations that affect the Company's operations
The position will report to executive management, and advise on corporate risk posture
The Director will assist the Chief Information Security Officer on InfoSec matters, including the use of AI and related risks
The position will require excellent client facing skills and routinely interface with clients
The Director will act as an independent review and evaluation body to ensure that regulatory compliance issues and concerns within the organization are being appropriately evaluated, investigated and resolved
In addition to identifying, policies and procedures for improving compliance and reducing risk, The Director will also recommend and implement business policies and procedures to ensure compliance with contractual requirements, as well as federal and state laws
The role will also work with other Paymentus business unit leaders to develop an effective culture of compliance, training program, including appropriate introductory training for new employees as well as ongoing training for all associates and managers
The role will include contract review and negotiation related to compliance from time to time
Develop, and implement and maintain global standards, policies, and processes for privacy and data protection
Conduct data privacy impact assessments and ensure the implementation of appropriate privacy safeguards
Review new products, services, and features, as well as any uses of consumer data to ensure compliance with relevant privacy and data protection laws
The role will have a working knowledge of the licensing requirements and acquisition process related to payment processing

Qualification

Payments CompliancePrivacy LawsRisk ManagementLegal Counsel ExperienceKYC/AML/Fraud ProgramCompliance PoliciesInterpersonal SkillsNegotiation SkillsCommunication SkillsTeamwork SkillsDecision Making

Required

Experience Creating and Refining Internal Compliance Policies and Procedures and a Strategy for Implementing the Policies throughout the Organization (i.e. Compliance Training Program)
Working knowledge of 'Payments Compliance'; NACHA Regulations, Card Association Rules, PCI, Regulation E BSA, Patriot Act, OFAC and MSB Licensing
Experience with domestic and international privacy laws (CCPA, GDPR etc.)
Ability to implement and administer an effective KYC/AML/Fraud Program
Expertise in Risk Management and Building Risk Matrices
Minimum 7 years legal counsel experience relevant to the role
College graduate and law degree required
Juris Doctorate from an ABA accredited law school
Admission in good standing in a State Bar

Preferred

Relentless Focus on the customer; sense of urgency and flexible to changing circumstances and customer needs
Strong interpersonal and negotiation skills; must possess a high level of teamwork skills
Ability to accurately gather, analyze and interpret data, define problems, and provide solutions
Leader and Mentor varying skill sets and experience levels
Strong Negotiator with the ability to set boundaries
Excellent Communication Skills, both written and oral
Quality and Execution Focused
High sense of Accountability and Ownership
Ability to make decision with limited knowledge, direction, or data

Company

Paymentus

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Paymentus is a provider of cloud-based bill payment technology solutions and services for some of the largest installations.

Funding

Current Stage
Public Company
Total Funding
$3.6M
Key Investors
Relay Ventures
2021-05-26IPO
2011-09-15Private Equity
2007-08-10Series Unknown· $3.6M

Leadership Team

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Sanjay Kalra
SVP and Chief Financial Officer
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David Maddox
National Sales Director
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Company data provided by crunchbase