Lead Compliance and Risk Coordinator

Description

Responsibilities

• Ensure company-wide compliance with applicable payment regulations (e.g. NACHA AML BSA OFAC KYC MTL/ADTL).
• Develop implement and monitor policies and procedures that ensure ongoing compliance with regulatory and card network requirements.
• Serve as a key liaison with regulatory bodies payment networks and financial partners.

• Identify assess and mitigate risks associated with payment processing money movement and third-party service providers.
• Lead the response and remediation efforts for payment-related incidents and breaches.
• Develop and maintain a compliance and risk dashboard with key identifiers to ensure compliance with card brand regulations and industry standards (e.g. chargeback ratios return ratios etc.).

• Design and manage anti-fraud strategies tools and controls to detect and prevent fraudulent activity. Maintain and enhance current Fraud Standardization practices and policies.
• Collaborate with the reporting strategy and development teams to enhance real- time fraud monitoring.
• Analyze trends and generate actionable insights from fraud data to improve defenses.

• Oversee monthly quarterly and annual payment process audits both internal and external ensuring timely and accurate responses to audit requests.
• Maintain up-to-date documentation of payment-related processes and controls (e.g. SOX 404 third-party SOC documents internal audit frameworks third party due diligence requests etc.).
• Oversee and maintain internal system controls (service enablement user provisioning bank setups etc.).
• Evaluate and enhance the design and effectiveness of internal controls over all financial transactions and payment systems.
• Oversee and maintain Money Transmission License (MTL) dashboard and reporting.

• Lead a team of three compliance and risk specialists.
• Partner with Legal Finance Product Infrastructure Development and Customer Support to integrate risk and compliance considerations into existing and new product and service offerings.
• Provide training and education on payment risk and compliance best practices across the organization.

Qualifications:

Required:

• Bachelors degree in finance Accounting Business Administration or a related field.
• 57 years of experience in payments compliance risk management or audit in a financial service or fintech environment.
• In-depth knowledge of payments systems (ACH card networks RTP wires) and related regulations.
• Strong familiarity with internal control frameworks and audit methodologies.

Preferred:

• Professional certifications such as CFE CAMS CRCM CPA or CIA.
• Experience with fraud detection tools (e.g. Actimize SAS Sit or similar platforms).
• Experience working with fintech platforms payment gateways or digital wallets.

• Analyticaland detail-oriented mindset
• Strongunderstanding of financial regulations and operational risk
• Excellentwritten and verbal communication
• Abilityto manage multiple priorities and work under pressure
• Highintegrity and discretion in handling confidential information

• Hybrid 2 days onsite
• Occasional travel for audits conferences or regulatory meetings (10%)