We are seeking a dynamic executive leader to serve as VP, Governance, Risk & Compliance and drive their enterprise payment compliance strategy. Reporting directly to the COO, you will lead a dedicated team responsible for state licensing, AML/BSA oversight, sponsor bank relations, and multi-state regulatory audits in a high-growth fintech environment. This pivotal role is ideal for a strategic leader with 10+ years of compliance experience in payments, banking, or money transmission who thrives on building scalable risk infrastructure. If you are looking to make a high-visibility impact with an empowered executive team in San Antonio, apply today to help shape the future of a premier financial technology provider!
location: San Antonio, Texas
job type: Permanent
salary: $175,000 - 200,000 per year
work hours: 8am to 5pm
education: Bachelors
responsibilities:
- Creates and maintains the Payment Enterprise Compliance program and policy development for the Governance, Risk & Compliance team.
- Serve as primary contact and manage all regulatory, internal, sponsor bank, and other third party audits and independent reviews.
- Develops and implements internal controls, policies, procedures, and training to assure compliance with applicable laws, corporate standards, and state-specific regulations and AML/BSA.
- Works cross-departmentally with all departments to ensure well-rounded, cross-functional company compliance for new and existing payment initiatives.
- Conduct reviews of contracts, websites, and marketing materials for compliance related content and disclosures.
- Works with Fraud and Product teams to complete multi-faceted and well-rounded KYC/OFAC policies and information sharing procedures.
- Stays abreast of changes to state and federal regulations, Visa/MC, and NACHA rules changes, licensure requirements and third-party requirements (e.g., payment processors, banks and credit card companies).
- Respond to compliance inquiries from internal and external partners.
- Develops, leads acquisition of, and maintains all state licensing regulatory obligations including yearly audits and updates.
- Creates defined roles for compliance teams and assist in transition of fraud/risk and compliance to separate, stand-alone departments.
- Carries out risk assessments and compliance reviews to ensure policies and procedures are being followed.
- Works directly with Human Resource for Payments Compliance training and development of teams.
- Ensures that compliance issue remediation efforts and change management are sufficient and timely; Review action plans and remediation documentation to support event closure; Participate in root cause analysis and identify customer experience improvement activities.
- Ensure compliance with FINCEN, including maintaining registration and compliance with obligations as a money services business. Maintain applicable SAR, SIR, and OFAC reporting procedures.
- Ensures appropriate level of oversight from the Compliance Risk Committee (CRC), Payments Risk and Compliance Committee, Audit Committee, and ensure the risk committee have an early view into emerging risks and the required information to make sound decisions.
qualifications:
- Ten (10) years of compliance experience in a risk management, compliance, or internal control related function in financial services or financial technology spaces.
- Three (3) years of multi state compliance experience in the financial industries.
- Experience working with merchants or providers.
- Demonstrated ability in constructing, developing, delivering, and managing compliance programs and product controls in a fast-paced industry.
- Demonstrated understanding of regulated vs unregulated business models, AML checks and protections, and related regulatory requirements.
- Demonstrated ability to uncover root causes and key risk trends from a wide variety of data sources and create detailed action plans to improve Fraud and AML risk.
- Strong team player confident in managing others and comfortable reporting to executive-level supervisors.
- Experience with money transmission and alternative payments type including channels.
- CAMS, CFE, or equivalent certification is preferred.
Equal Opportunity Employer: Race, Color, Religion, Sex, Sexual Orientation, Gender Identity, National Origin, Age, Genetic Information, Disability, Protected Veteran Status, or any other legally protected group status.
At Randstad Digital, we welcome people of all abilities and want to ensure that our hiring and interview process meets the needs of all applicants. If you require a reasonable accommodation to make your application or interview experience a great one, please contact HRsupport@randstadusa.com.
Pay offered to a successful candidate will be based on several factors including the candidate's education, work experience, work location, specific job duties, certifications, etc. In addition, Randstad Digital offers a comprehensive benefits package, including: medical, prescription, dental, vision, AD&D, and life insurance offerings, short-term disability, and a 401K plan (all benefits are based on eligibility).
This posting is open for thirty (30) days.
