Associate Director, Regulatory Compliance, US

Airwallex•San Francisco, CA

26d•Onsite

About The Position

As an Associate Director, Regulatory Compliance you will deliver on the regulatory engagement strategy for Airwallex US and manage our MTL licensing program. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance through the communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, end-to-end management of regulatory examinations, and interfacing with MTL regulators on ad-hoc inquiries. You will analyze new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features. This role is based in our San Francisco or New York offices.

Requirements

Bachelor’s degree with a minimum of 12 years of compliance experience in a regulated financial institution, FinTech, legal/consulting firm, or combination of the above
Familiarity with financial regulatory laws, rules, regulations and industry best practices across the US and the Americas region
Experience dealing with MTL regulators within the US, the Bank of Canada and other financial services regulators across the Americas
Data proficiency - ability to work with data and leverage it for strategic decision-making
Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff
Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
Deep understanding of financial products/services and related conduct risk, ethics, and controls

Nice To Haves

Law degree or internationally recognized Compliance qualification/certification
Experience with the US consumer compliance regulatory framework

Responsibilities

Support the Airwallex Group’s expansion by managing the regulatory compliance components of license authorization processes
Act as a key stakeholder in relation to license applications, business plan updates and information requests between Airwallex and our regulators
Ensure that our regulatory compliance and integrity risk reporting obligations are maintained for all Airwallex Group entities in the Americas region
Support and/or manage on-site exams and inspections (in collaboration with our LRC colleagues)
Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business
Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licenses
Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organizational maturity
Deliver the Airwallex Group’s Compliance Training for employees and conduct ad-hoc training to specific business areas as required
Conduct ‘Proactive Special Ops’ projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly