Compliance and Privacy Associate

Summary

Join InvoiceCloud's compliance team as a Compliance Associate! This mid-level role, ideally located in the greater Boston area but open to fully remote candidates, supports the daily operations of the Corporate Compliance, Data Privacy, and ESG programs. You will assist in developing and enhancing the Compliance Program, manage compliance-related projects, track and interpret relevant laws and regulations, and collaborate with cross-functional teams. Responsibilities include fraud control assistance, training and education design and delivery, policy development, and reporting and documentation management. This is a fantastic opportunity to develop expertise in regulatory processes and compliance and privacy governance for a detail-oriented and proactive professional with a deep knowledge of risk management.

Requirements

• Education : Bachelor’s degree in business administration, public administration, or a related field (or equivalent)
• Experience : Minimum 3 years in compliance, legal, risk management, or a control function
• Regulatory Knowledge : A solid understanding of financial compliance and data protection laws and their practical application in business contexts is critical for this role
• Organizational Skills : Strong organizational and time management abilities to successfully balance multiple projects and deadlines effectively
• Communication Skills : Excellent communication skills for explaining complex compliance concepts and fostering team collaboration
• Analytical Skills : An analytical mindset with keen attention to detail, enabling thorough evaluation of compliance issues
• Soft Skills : Strong problem-solving abilities, adaptability, and teamwork

Responsibilities

• Support of Compliance Program : Assist in the development and enhancement of the Compliance Program by executing strategic projects that align with the corporate objectives of compliance, privacy, and ESG. Your efforts will help shape and mature our compliance framework
• Project Support: Coordinate and manage compliance-related projects, ensuring timely execution and effective communication with stakeholders
• Regulatory Monitoring: Proactively assist in tracking and interpreting relevant laws and regulations affecting the payments industry. Support the implementation of compliance policies and procedures, ensuring that they are current and effectively address regulatory requirements
• Fraud Controls: Assist with governance of Anti-Money Laundering (AML), Know Your Customer (KYC), and OFAC sanctions screening program for new and existing customers, ensuring compliance with evolving fintech regulatory standards and supporting scalable onboarding and transaction monitoring processes
• Cross-Functional Collaboration : Collaborate with IT, Product, HR, Information Security and Operations teams to ensure the consistent application of compliance and privacy policies throughout the organization. Be a champion for Privacy by Design principles, advocating for their integration into system and process development
• Training and Education : Design and deliver engaging training materials and interactive sessions aimed at promoting compliance and privacy awareness within the organization. Empower employees at all levels to understand their role in maintaining compliance
• Policy Development : Identify policy gaps, recommend new policies, and support implementation and monitoring in collaboration with relevant departments
• Reporting and Documentation Management: Organize compliance records, training materials, and project documentation in a centralized repository
• Additional Duties : Perform other duties as needed to support the compliance and privacy functions

Preferred Qualifications

CCEP or CIPP certifications a plus but not required

Benefits

• Base salary is one component of total compensation
• Employees may also be eligible for an annual bonus or commission
• Some roles may also be eligible for overtime pay