Regulatory Licensing Manager
San Francisco / Miami / New York City
Compliance – Compliance Operations /
Full-time /
Hybrid
Nium, Global Leader in Payments
Nium, the global leader in real-time, cross-border payments, was founded on the mission to deliver the global payments infrastructure of tomorrow, today. With the onset of the global economy, its payments infrastructure is shaping how banks, fintechs, and businesses everywhere collect, convert, and disburse funds instantly across borders.
Its payout network supports 100 currencies and spans 220+ markets, 100 of which in real-time. Funds can be disbursed to accounts, wallets, and cards and collected locally in 35 markets. Nium's growing card issuance business is already available in 34 countries. Nium holds regulatory licenses and authorizations in more than 40 countries, enabling seamless onboarding, rapid integration, and compliance – independent of geography. The company is co-headquartered in San Francisco and Singapore.
About the Role
We are searching for an experienced Regulatory Licensing Manager with experience in US money transmitter licensing to join our team. In this role, you will be responsible for upholding Nium’s licensing and other regulatory obligations in the US, which are critical to our success in the region. You will project manage money transmitter license applications, track regulatory requirements, file regulatory reports, liaise with state regulators, and oversee the ongoing maintenance of Nium’s money transmitter licenses. In addition, you will play an important role in ensuring Nium’s continued compliance with regulatory requirements within the US.
To succeed in this role, you will excel at project management and execution, you are able to partner with multiple cross-functional teams and can creatively problem solve issues.
Key Responsibilities
- Oversee Nium's US money transmitter licensing program, including applying and ongoing maintenance of state licenses and to ensure Nium fulfills our legal and regulatory responsibilities
- Partner with Nium’s Legal and Compliance teams to advise Nium’s business about federal and state money transmission laws, regulations, and licensing requirements
- Execute on regulatory reporting requirements by gathering data from multiple and disparate internal stakeholders, harmonizing data and ensuring careful and timely submission of reports and filings Manage and track state licensing requirements and deadlines, including quarterly reports and annual renewals, partnering with internal and external stakeholders as necessary
- Manage third-party licensing vendors and coordinate work orders
- Daily license maintenance and management of regulatory records
- Support regulatory state examinations or investigations or other compliance audits Cultivate and maintain strong working relationships with internal and external partners and regulators
- Manage assigned work effectively, with a team-oriented approach
Requirements
- Minimum 4+ years of compliance and licensing experience with US money transmitter licensing, regulatory examinations or regulatory affairs
- Bachelor's degree or higher education qualifications
- Experience with money transmitter licensing applications, maintenance and management, including NMLS; examination and investigation experience a plus
- Familiarity with money transmitter regulations and financial services industry best practices
- Knowledge of AML, KYC, and BSA regulations as applicable to license maintenance
- Experience engaging with regulatory agencies and executive leadership
- Experience creating and implementing operational and logistical efficiencies
- Experience interpreting and explaining legal and regulatory obligations across multiple disciplines and levels
- Familiarity with Microsoft Suite applications, Adobe Acrobat, Jira, and Asana
- Self-motivated with excellent attention to detail and analytical skills
- Strong project management and communication skills
$76,000 - $140,000 a year
Salary ranges are dependent on a variety of factors, including skills, qualifications, experience, and geographic location. Certain roles may offer additional incentives including but not limited to equity and bonus. Your recruiter is happy to share more information about the salary range specific to your working location and other factors at any stage of the hiring process!
Depending on your location, certain laws may regulate the way Nium manages the data of candidates. By submitting your job application, you are agreeing and acknowledging that you have read and understand our Candidate Privacy Notice
What we offer at Nium
We Value Performance: Through competitive salaries, performance bonuses, sales commissions, equity for specific roles and recognition programs, we ensure that all our employees are well rewarded and incentivized for their hard work.
We Care: The wellness of Nium’ers is our #1 priority. We offer medical coverage along with 24/7 employee assistance program, generous vacation programs including our year-end shut down. We also provide a flexible hybrid working environment (3 days per week in the office).
We Upskill Ourselves: We are curious, and always want to learn more with a focus on upskilling ourselves. We provide role-specific training, internal workshops, and a learning stipend.
We Constantly Innovate: Since our inception, Nium has received constant recognition and awards for how we approach both our business and talent opportunities. Check out CNBC World’s Top Fintech Companies 2024.
We Celebrate Together: We recognize that work is also about creating great relationships with each other. We celebrate together with company-wide social events, team bonding activities, happy hours, team offsites, and much more!
We Thrive With Diversity: Nium is truly a global company, with more than 33 nationalities, based in 18+ countries and more than 10 office locations. As an equal opportunity employer, we are committed to providing a safe and welcoming environment for everyone.
For more detailed region-specific benefits: https://www.nium.com/careers#careers-perks
For more information, visit www.nium.com.
Nium provides equal employment opportunities (EEO) to all employees and applicants for employment without regard to race, color, religion, gender, sexual orientation, national origin, age, disability, or veteran status. In addition to federal law requirements, Nium complies with applicable state and local laws governing non-discrimination in employment in every location in which the company operates. This policy applies to all terms and conditions of employment, including recruiting, hiring, placement, promotion, termination, layoff, recall, transfer, leaves of absence, compensation, and training. Nium expressly prohibits any form of workplace harassment based on race, color, religion, gender, sexual orientation, national origin, age, disability, or veteran status.
