Head of Compliance
atEco
Oct 01
At Eco we're challenging existing payment processing models, changing the way money moves for many segments of modern e-commerce. With every new partnership opportunity or product feature, we confront new issues related to payment compliance and liquidity management. Where we interface with cryptocurrency, many of these issues demand new solutions, working in best faith to satisfy legacy compliance frameworks. As our Payment Integrity Manager, you'll be essential in creating risk and compliance strategies that will enable us to launch and grow Eco products globally. You will support our product development efforts internally and also be a point of contact for many of our integration partners and early merchant customers. You will also need to be our resident expert on payment operations within relevant statutory frameworks. We're looking for someone with rigor and who takes ownership by default, with the conviction and creativity to help us build a new type of payment network. We hope it's you!
Why this matters:
Our everyday payment systems are dependent upon financial infrastructure design decades ago. Consumers benefit from rewards programs and new checkout experiences, but in the background money moves the same as ever: through insecure networks that impose unnecessary costs on all of us as they strain to meet the needs of modern commerce.
We started Eco because we know that with the right product strategy, serving the right use cases, cryptocurrency and blockchain finally present a solution for many of our most persistent payment problems. It’s possible to rethink our current payment systems from the ground up. In doing that, we confront several difficult, challenging and impactful problems which will demand solutions in order to build a trusted and ubiquitous payment system to enable commerce for everyone. To achieve our mission and realize our vision, we’ve put together an incredible team and are selectively adding to it.
We started Eco to lead consumers to use crypto where it matters: in everyday spending and saving. As a solution to so many of our everyday “money problems” (high fees, data insecurity, transfer limits and restrictions), crypto enables benefits banks can’t match. Crypto even makes it possible to rethink our current payment systems from the ground up—and have more control over our money than ever before.Â
We believe that while cryptocurrencies can represent a fundamental upgrade over traditional money—and can dramatically improve users' lives—they won't work without widespread distribution and a compelling path to adoption. We’ve spent two years building this pathway. It starts with the Eco App, empowering users to earn while their money sits, and when it moves—with those compounding effects yielding a 10x improvement over how users manage their finances today. The journey ends (or just begins) with the Eco Currency, built for payments and designed for community ownership, with fair distribution of economic value.
Every day, we confront several difficult and impactful problems which demand new solutions in tech, in product, in marketing, in advocacy. To achieve our mission and realize our vision, we’ve put together an incredible team and are selectively adding to it. We hope you’ll join.
--
As Head of Compliance at Eco, you will:Â
- Help us solve complex money movement challenges, every day.Â
- Be responsible for building and managing a best-in-class financial compliance program and team, creating and modifying policies and procedures as necessary to keep up with changes in industry regulations.Â
- Design analytics, user flows and reporting processes to ensure Eco has scalable controls, record-keeping and risk assessment practices.Â
- Work directly with regulators, auditors and company leadership to ensure Eco is proactive in its efforts to anticipate and satisfy compliance requirements in best faith.Â
- Coordinate closely with engineering, support and product leadership to ensure we always put user experience and security first while satisfying all relevant compliance requirements.
We’re looking for you if:Â
- You have expert knowledge of compliance regulations and recent FATF and FINCEN decisions/guidance/policies related to cryptocurrency.
- You have significant experience developing and managing a compliance function in the payments, fintech and/or banking industry.
- You have experience directly interfacing with state and federal regulators.
- You hustle! Your record shows that you thrive amidst multi-tasking and are risk-tolerant amidst ambiguity.
- You consider discipline, integrity and unparalleled work ethic to be three of your core values.
- You seek to translate every compliance decision into user impact. You strive to maintain simplicity, trust and minimalism in user experience.
--
Please note that we are committed to equal employment opportunity regardless of race, background, religion, gender identity, national origin, sexual orientation, age, citizenship status, marital status or disability. We also consider for employment qualified applicants with arrest and conviction records. If you have a disability or special need that requires accommodation, please feel free to let us know.
Listed in: Web3 Jobs, .