Compliance Lead - Fin-tech

Company: Intelletec
Location: San Francisco
Posted on: January 15, 2021

Job Description:

Intelletec has partnered with an SF based client; they are reinventing the way people spend money and discover their favorite new services and brands. They are building a new type of spending tool (consumer debit card) that offers access to personalized rewards and benefits while promoting transparency. They are backed by Y-Combinator, Valar Ventures (Peter Thiel) among other notable investors, have recently closed a Series A round and are looking to hire a Compliance Lead to aid the growth and work on the future of Fintech. You will be the first compliance/risk hire. The company :-- Mobile banking app that strives to democratize access to elite financial products like rewards cards, exclusive offers & perks, and high yield deposit accounts Series A, $11M in funding The CEO sold one of his startups when he was 21 Backed by Airbnb, Stripe, and Notion WFH 2 days a week The role: Take ownership of the regulatory compliance management, with a focus on Regulation E and consumer banking regulations, as well as regulations enacted by the Consumer Financial Protection Bureau (CFPB), the FDIC, the Office of the Comptroller of Currency (OCC), and relevant state banking authorities. Partner with internal teams, as well as partners to build a strategy and roadmap for our PCI compliance Research, interpret and summarize regulatory requirements in easily understood terms and work with internal teams (Customer Service/Ops, Marketing, Product, Engineering) to correctly implement those requirements. Research and communicate initial risk assessment for new products, services, and features Complete reviews and testing of our compliance program to both identify opportunities and to meet external reporting and due-diligence requirements. Prepare due diligence documents for third party vendors and regulators. You have: A Bachelor's degree in Finance, Business, Economics, or another relevant field. A minimum of 3 years of relevant compliance experience at a federally regulated bank, FinTech, or other financial institutions subject to regulatory and compliance monitoring. Industry certifications (ex: CAMS, AML/CFT Certified) and/or professional training related to Consumer Banking Regulations or PCI. Extensive and specific knowledge of banking laws and regulations, banking operations and procedures, and security procedures. Experience with credit card products and an understanding of the key differences between debit and credit regulations. On offer: The opportunity to join a well-funded and fast-growing fintech company as the first compliance/risk hire. Competitive salary, stock options, and 401k. Full health benefits (medical, dental, and vision insurance). Monthly stipends for continuous learning, health & wellness, and commuting. CITY Pavillion, 27 Bush Lane, London, EC4R 0AA

Keywords: Intelletec, San Francisco , Compliance Lead - Fin-tech, Other , San Francisco, California