Head of Compliance
United States
Legal & Compliance /
Full-Time /
Remote
About Airtm
At Airtm, we envision a world where geographical and economic barriers don't dictate an individual's potential for success. We believe in empowering people across the developing world, unlocking their global potential by connecting them to the digital economy. Our mission is to dismantle the barriers that keep people from accessing the global marketplace, enabling them to earn, spend, and save with freedom and confidence.
Through our comprehensive financial infrastructure, we facilitate low-value cross-border payments, connecting Digital Entrepreneurs with the enterprises and online marketplaces that need their talents. Whether it's mass payment services for businesses or wallet services for digital workers, Airtm is the bridge to a fairer, more inclusive global economy.
About the role
Airtm is looking for an experienced and self-motivated Head of Compliance. This remote role reports directly to Airtm’s CEO and is responsible for overseeing, enhancing and maintaining Airtm’s Compliance programs and procedures. We’re looking for a data-driven professional looking to grow his career at a dynamic, multicultural fintech.
Key Responsibilities
- Supervising various aspects of the compliance program, including managing a team of junior to senior-level compliance officers.
- Contributing to the formulation and execution of compliance projects and strategic initiatives.
- Monitoring the regulatory landscape for proposed rules, guidance, and industry developments impacting the Firm's compliance and business models.
- Demonstrating proficiency in identifying business risks, analyzing pertinent information, and evaluating potential consequences.
- Monitor and adapt Airtm’s BSA/AML/sanctions program to legislative and regulatory developments and provide subject matter expertise and establish risk mitigating controls commensurate with Airtm’s risk profile.
- Maintain a current and in-depth knowledge of BSA, AML, sanctions, and all related regulations and licensing regimes;
- Work closely with the legal department to understand new licensing regimes which may be applicable to the firm, and to lead on implementing new compliance programs and procedures.
- Manage customer risk-rating processes, including initial and on-going assessments and reviews, to appropriately reflect the Company’s business model.
- Design and implement Airtm’s reporting workflow, including preparing SAR filings and law enforcement requests with appropriate government agencies when applicable.
- Work with auditors, consultants, and regulatory examiners in connection with their review of the BSA/AML/OFAC program, including collecting and preparing requested documents and consulting with the same on various matters.
- Manage BSA/AML/OFAC software, including model validation and calibration efforts, as well as change control procedures.
- Assists in preparing the monthly Board of Director reports, presentations, and other materials, and annual board BSA/AML/OFAC training.
Experience & skills required
- Bachelor's Degree or its equivalent plus specialized coursework and training.
- Minimum of 6 years demonstrated BSA/AML Compliance experience, and/or relevant compliance experience in the financial services industry.
- Minimum of 3 years of leadership experience preferred, although experience of other financial regulatory regimes or digital asset regulatory regimes will be considered.
- Excels in a fast-paced team-oriented environment.
- Ability to develop and document effective procedures.
- Analytical skills to appropriately apply to BSA/AML/OFAC software (model validation and calibration).
Preferred qualifications
- Experience obtaining licenses and overseeing regulatory examinations is a plus.
- Certified Anti-Money Laundering Specialist (CAMS).
- Certification SQL or other programming skills.
- Proven success at virtually managing geographically dispersed teams/members.
- Spanish speaking is a plus.
