Head Of Compliance

Summary

Join Rain, a leading fintech company, as their Head of Compliance. You will play a key role in developing and overseeing the compliance framework across all operations. This position requires a seasoned compliance professional with extensive experience in card programs, digital assets, and navigating state and international licensing. You will be responsible for designing, implementing, and maintaining a comprehensive compliance program, serving as the primary contact with regulatory bodies, and conducting risk assessments. The ideal candidate possesses strong leadership, analytical, and regulatory knowledge skills. Rain offers a competitive salary, equity options, and a flexible work environment with unlimited time off (minimum 10 days), flexible benefits, and wellness perks.

Requirements

• Bachelor’s degree in finance, law, business administration, or a related field
• Minimum of 7 years of experience in compliance within the fintech sector, with specific expertise in card programs and digital assets
• Strong understanding of state and international financial regulations, including those governing AML, KYC, and consumer protection laws
• Proven ability to lead compliance initiatives and influence stakeholders at all levels of the organization
• Strong analytical skills to assess complex regulatory requirements and develop effective compliance strategies

Responsibilities

• Design, implement, and maintain a comprehensive compliance program that aligns with regulatory requirements and industry standards
• Serve as the primary point of contact with regulatory bodies, ensuring effective communication and reporting on compliance matters
• Conduct regular assessments to identify compliance risks associated with card programs and digital asset offerings
• Oversee the licensing process for state and international operations, ensuring adherence to all applicable regulations
• Create and update compliance policies related to Anti-Money Laundering (AML), Know Your Customer (KYC), data protection, and other relevant regulations
• Develop training programs to enhance compliance awareness among employees and promote a culture of compliance throughout the organization
• Establish monitoring systems to track compliance performance and prepare reports for senior management and the board
• Develops, initiates, maintains, and revises policies and procedures to comply with regulatory requirements and communicate requirements to the associated personnel
• Manages the day-to-day operation of the Compliance Management Program
• Responsible for the creation, oversight, and enhancement of the Compliance Management Program
• Ensures proper reporting of all aspects of the Compliance Management Program, including to the various business heads, compliance committee, audit committee, and the Board
• Identifies potential areas of compliance vulnerability and risk; develops and implements correction actions plans for resolution as needed
• Monitors and provides recommendations to various business units regarding the implementation of new rules and regulations
• Ensures proper reporting of any violations or potential violations as appropriate and/or required
• Develops, oversees, and tracks compliance training for all employees

Preferred Qualifications

Advanced degree or professional certifications (e.g., CAMS, CCO)

Benefits

• Unlimited time off
• Flexible working
• Easy-to-access benefits, for all employees based in the US, Rain pays a percentage of your benefits for the employee and for your dependents. We offer comprehensive health, dental and vision plans as well as a 100% company-subsidized life insurance plan
• Equity plan
• Rain Cards
• High performance begins from within. Our members are welcome to use their company card for eligible health and wellness spending like gym memberships, fitness classes and other wellness items
• Team summits