👍 Featured Job Opportunity

COMPLIANCE DIRECTOR

Fabriik logoFabriik

Sep 12

Joanne Fabriik
Joanne
September 12, 2022

Reimagine Prosperity. 

Fabriik is a digital asset wallet, creating a safe, open, and fully transparent financial space built on innovative data management technology, where anyone can transform, hold, trade and grow every asset they own.

Our vision is for everyone, everywhere to be able to reimagine prosperity in the digital economy. So, we are creating tools and services that empower people to buy, sell, store, and trade digital assets easily, securely, and transparently. 

We’re expanding our team globally, looking for the right people to help us explore further. 

Want to join us? 

At Fabriik, we value diversity of all types. Our team is made up of smart, collaborative and thoughtful people with a wide range of backgrounds, skills and experiences.

Fabriik is an equal opportunity employer and we are committed to a diverse and inclusive workplace. We welcome applications from qualified individuals from all backgrounds.

Job Description

Fabriik is seeking an experienced and highly motivated Compliance Director to help build our U.S. compliance program. This is a highly visible role that provides valuable and significant work. You will be Fabriik’s FinCEN-registered BSA Officer and OFAC Officer.  You will lead the efforts to strengthen our U.S. compliance program to support the Company’s fast-paced growth in the U.S.

This role is remote with a preference for US-based applicants in the Eastern Time Zone.

Role Overview

Reporting to the CEO, the Compliance Director will be responsible for the duties and obligations listed below. 

Key Responsibilities 

  • Oversee and monitor the implementation of the U.S. Compliance Regime
  • Act as Fabriik’s BSA Officer and OFAC Officer, and all related obligations;
  • Create and maintain a risk assessment as required pursuant to the BSA;
  • Create, maintain and execute an AML and sanctions training program for new and existing Fabriik employees, management and board, as required pursuant to the BSA;
  • Ensure that sanctions screening policies, procedures and tools are operating maximally;
  • As needed, create, update and maintain policies, procedures and guidance, as required by the regulatory environment, pertaining to anti-money-laundering, anti-terrorist financing and sanction, and also pertaining to other regulated areas such as data privacy and protection, consumer protection and fraud prevention;
  • Develop a deep understanding of Fabriik products and services to execute enhancements driven by the changing regulatory environment;
  • Responsible for state licensing strategy, license acquisition and maintenance as required, supervision of external vendors as required;
  • Ensure compliance monitoring, testing, and reporting are consistent with regulatory requirements as well as working with other functional group leaders to ensure compliance as needed in accordance with the compliance program;
  • Partner with internal and external stakeholders to drive compliant solutions to adherence to the regulatory regime governing Fabriik’s business;
  • Communicate legal and regulatory requirements impacting the different lines of our business, and providing guidance from a compliance perspective;
  • Respond to and participating in internal and external audit requests;
  • Monitor global regulatory and business developments, and revising policies and procedures as necessary in conjunction with the Managing Director and Global Compliance team as well as stay current of the latest industry trends and regulatory developments that impact the regulatory environment;
  • Act as the Company representative who is registered with Compliance and Regulatory bodies;
  • Write, edit and participate in internal and external papers and articles on regulation and compliance; and,
  • Other duties as required.

Candidate Profile

  • Bachelor’s degree with CAMS certification is preferred
  • Minimum of 5 years’ experience in related compliance roles in Fintech, Payment Systems, Crypto is required, with a preference for previous Money Services Business (MSB) experience
  • Candidates from Compliance and AML backgrounds will be given preference.
  • Deep understanding and experience in the areas of compliance with the Bank Secrecy Act, the PATRIOT Act, OFAC and sanctions legislation
  • Familiarity with Gramm-Leach-Bliley Act, Reg E, data privacy and governance and consumer protection legislation
  • Familiarity with state licensing regimes, application and maintenance processes
  • Strong experience in risk management
  • Strategic thinker, data-driven and analytical in approach to solving problems, thinking of ways to improve productivity, efficiency and business outcomes
  • Demonstrated ability to deliver results in a highly cross -functional, global organization.
  • Excellent organizational and interpersonal skills to effectively work with  department members, senior leadership and colleagues outside the department and to respond to regulators, banking and payment partners and other vendors
  • Strong verbal and written communication skills to inform and educate team members, and to file correct and accurate compliance reports with regulatory bodies
  • Ability to learn and adapt quickly in a fast-moving startup environment.

If this sounds like a role that could be an exciting next step in your career, our team looks forward to hearing from you!

11 applications
Job Posted by:
Joanne FabriikJoanne

September 12, 2022

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