Zip Co · 5 hours ago
US Vice President, Compliance & Risk
United States
Full-time
Remote
Lead/Staff
$246K/yr - $265K/yr
15+ years exp
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Responsibilities
Design, implement, and oversee comprehensive compliance and risk management programs, ensuring alignment with federal and state consumer protection regulations, including Reg B, Reg Z, Fair Lending laws, and privacy regulations such as CCPA and GDPR.
Build a strong working knowledge of enterprise risks, including top risks and mitigation strategies approved by the AU Board for U.S. regions. Work with AU and international markets on common risks and solutions.
Lead, mentor, and develop a high-performing team that embodies a culture of proactive compliance and risk awareness.
Implement training initiatives that upskill team members on evolving regulatory landscapes, data privacy laws, and operational risk management.
Establish a culture that balances remote flexibility with in-person engagement to build strong relationships and team cohesion.
Act as the primary point of contact for all federal and state regulatory matters and enterprise risks. Oversee the preparation, submission, and follow-up of required regulatory filings, coordinating with internal teams and external legal counsel.
Collaborate with business units to identify and mitigate risks, embedding the enterprise risk management (ERM) methodology into operations and promoting a culture of proactive risk management.
Analyze techniques to monitor and evaluate products and services to detect patterns of exceptions and to determine the root causes to apparent exceptions of policies and procedures and applicable laws and regulations.
Evaluate and address both regulatory and non-financial risks across all business areas. Develop practical and scalable mitigation strategies and control frameworks.
Conduct and update Regulatory Risk Assessments including but not limited to Fair Lending Risk Assessment & Compliance Management System (CMS) Risk Assessments.
Identify institutional processes and protocols required to mitigate recurring risks, with a focus on operational issues and incident management.
Lead the development, maintenance, and enhancement of AML and KYC protocols, collaborating with external partners on periodic audits and reviews.
Develop, implement, and maintain enterprise and local compliance and risk management policies and procedures.
Oversee compliance and risk training initiatives with cross-departmental collaboration to ensure broad understanding and adherence.
Regularly report to senior management, executive teams, and boards on the progress of mitigating risks, new emerging risks, compliance, and key metrics.
Collaborate with IT teams to ensure compliance with data privacy laws, including CCPA, GDPR, and other applicable standards.
Prepare periodic compliance and risk reports for senior management and the Board, ensuring transparency and continuous improvement.
Ensure regular communication with the executive leadership team and the Board on compliance and risk performance, emerging issues, and key metrics.
Work closely with Product, Risk, Legal, IT, and other business units to ensure compliance and risk considerations are integrated into development and modification of services and processes.
Foster cross-regional partnerships with U.S., AU, and NZ counterparts to address group risks.
Serve as lead regulatory change management expert in all aspects of the Compliance program and oversee the implementation and operationalization of all regulatory changes.
Manage and lead regulatory audits, internal compliance audits, and examinations by regulatory bodies. Drive corrective action plans and ensure follow-up.
Oversee evaluations of lending and denial activities, advertising compliance, and consumer complaints, ensuring adherence to fair lending and advertising rules.
Comprehensive knowledge of federal and state lending laws of consumer protection, fair lending and related laws and regulations and the ability to apply those laws and regulations to products/operations.
Foster partnerships with financial services partners, aligning compliance and risk goals for mutual benefit.
Develop synergies with risk and compliance leaders across banking partners to ensure consistency and efficiency in meeting regulatory standards.
Cultivate relationships that enhance the organization's reputation and contribute to sustainable growth through proactive compliance measures.
Qualification
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Required
15+ years in leading compliance and enterprise risk management programs within financial services, specifically in consumer lending, data privacy, and operational risk management.
Strong background in managing compliance and risk programs for credit card or unsecured lending sectors.
Extensive knowledge and proven leadership in U.S. federal and state consumer lending regulations (e.g., Reg B, Reg Z, Fair Lending laws) and data privacy standards (e.g., CCPA, GDPR).
Bachelor's degree required.
Proven track record of managing complex compliance and risk management projects across distributed teams.
Strong knowledge and experience in using analytical techniques to monitor and evaluate products and services to detect patterns of exceptions and to determine the root causes to apparent exceptions of policies and procedures and applicable laws and regulations.
Exceptional interpersonal skills to influence key stakeholders and promote a culture of compliance and risk awareness.
Proficiency with compliance software, cloud-based resources, and data-driven risk insights.
Preferred
J.D. or other relevant advanced degree preferred.
Relevant certifications (CRCM, CIPP, ERM) are a plus.
Preference for experience in financial services, consumer banking, or fintech (BNPL experience a plus).
Benefits
Flexible working culture
Incentive programs
20 days PTO every year
Generous paid parental leave
Leading family support policies
100% employer covered insurance
Beautiful Union Square office with a casual dress code
Learning and wellness subscription stipend
Company-sponsored 401k match
Company
Zip Co
Zip Co Limited (ASX: ZIP) is a digital financial services company, offering innovative, people-centred products that bring customers and merchants together.
1,001-5,000 employees
H1B Sponsorship
Zip Co 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
2023 (4)
2022 (1)
2021 (3)
Funding
Current Stage
Public CompanyTotal Funding
$1.26BKey Investors
Victory Park CapitalWestpacNational Australia Bank (NAB)
2024-07-17Post Ipo Equity· $146.2M
2024-01-16Post Ipo Debt· $225M
2021-04-15Post Ipo Debt· $310.05M
Leadership Team
Cynthia Scott
Managing Director & Group CEO
Larry Diamond
Co-Founder & Global CEO
Recent News
2024-10-22
2024-10-21
Company data provided by crunchbase
