Regulatory Licensing Manager

Summary

Join Zepz as their U.S. Licensing Manager and become the cornerstone of their U.S. operations and compliance program, ensuring they have the freedom to operate and grow nationwide. You will take full ownership of their state-level licensing portfolio, navigating the complex regulatory landscape. This critical role directly enables product expansion and ensures services are available to millions of customers. You will liaise with regulators, manage regulatory exams, and work cross-functionally with Legal, Compliance, Product, and Finance teams. You will provide expert guidance on exams, track findings, and manage regulatory findings and filings. The role involves managing the entire lifecycle of U.S. state Money Transmitter Licenses (MTLs) and preparing and filing required reports with state regulators.

Requirements

• Minimum of 5 years of experience in regulatory compliance and licensing within a regulated money services business
• In-depth knowledge of relevant laws and regulations related to money transmitter licensing and reporting requirements in the United States
• Strong knowledge of accounting principles and practices, with experience in financial reporting for money services businesses
• Proven track record of successfully managing complex licensing and regulatory reporting processes
• Excellent organizational and project management skills, with the ability to effectively manage multiple tasks and priorities
• Strong communication and interpersonal skills, with the ability to effectively collaborate with internal teams and external stakeholders
• Demonstrated ability to work independently and maintain a high level of professional integrity

Responsibilities

• License Portfolio Management: Manage the entire lifecycle of our US state Money Transmitter Licenses (MTLs), including new applications, renewals, amendments, and surrenders, primarily through the Nationwide Multistate Licensing System & Registry (NMLS)
• Regulatory Reporting: Prepare and file all required reports with state regulators, including quarterly call reports, annual reports, permissible investment reports, and other ad-hoc filings
• Regulatory Examinations: Act as the primary point of contact for state regulatory examinations. This includes coordinating exam requests, gathering documentation, and drafting responses to regulatory inquiries and findings
• Permissible Investments: Act as primary point of contact for Finance, Data and other teams on Permissible Investments (ADTL) regulatory requirements in each state, as they apply to existing and planned products and monitoring for regulatory changes
• Strategic Guidance: Proactively monitor the US regulatory landscape for changes in money transmission laws and advise the business on potential impacts. Develop and execute a strategic roadmap for acquiring new licenses to support business expansion
• Cross-functional Collaboration: Partner with the Product team to assess licensing requirements for new products and features. Work closely with the Finance team on permissible investment and net worth requirements, and with the broader Compliance team on AML/BSA-related matters
• Relationship Management: Build and maintain strong, positive relationships with state regulators across the United States
• Process Improvement: Identify opportunities to streamline and automate licensing and reporting processes to increase efficiency and accuracy as we scale

Benefits

• Unlimited Annual Leave: Feel free to make the most of your time off and maintain a healthy work-life balance!
• Private Medical Cover: ​​You can opt-in to a Private Medical Insurance scheme. This provides you with access to thorough medical coverage, so you can feel confident in your health and well-being
• Retirement: We offer pension schemes to help you plan for and secure your future
• Life Assurance: Life assurance is available to give you peace of mind and protect your loved ones in case of the unexpected
• Parental Leave: We offer competitive parental leave schemes to ensure you are spending as much quality time with your new bundle of joy as possible
• We are also remote-first as an organisation, offering flexibility for you to work where you need to be most productive