CIP Oversight Manager

Green Dot Corporation • Los Angeles, CA

2d • $114,400 - $171,600 • Remote

About The Position

The CIP Oversight Manager is responsible for ensuring compliance with regulatory requirements related to customer identification and verification processes. This role oversees the implementation and monitoring of the Customer Identification Program (CIP) to mitigate financial crime risks, enhance fraud prevention, and maintain adherence to Know Your Customer (KYC) and Anti-Money Laundering (AML) regulations. The CIP Oversight Manager collaborates with internal teams, external auditors, and regulatory agencies to ensure the integrity of customer onboarding and verification procedures.

Requirements

• Bachelor's degree in Finance, Business Administration, Law, or a related field.
• 7 years of experience in compliance, risk management, or financial crime prevention within financial institutions or the FinTech industry.
• Strong knowledge of KYC, AML, BSA, and CIP regulations.
• Experience with identity verification technologies and fraud detection tools.
• Excellent analytical, communication, and leadership skills.
• Proficiency in compliance software and risk management platforms.

Nice To Haves

• Master’s degree in a relevant field.
• Certification in Certified Anti-Money Laundering Specialist (CAMS) or Certified Regulatory Compliance Manager (CRCM).
• Experience working with regulatory agencies and auditors.
• Ability to work in the U.S. without sponsorship

Responsibilities

• Develop, implement, and oversee the Customer Identification Program (CIP) in alignment with regulatory requirements.
• Ensure compliance with Bank Secrecy Act (BSA), KYC, AML, and other financial regulations.
• Monitor customer onboarding processes to identify potential risks and ensure proper identity verification.
• Conduct audits and assessments to evaluate the effectiveness of CIP policies and procedures.
• Collaborate with compliance, risk management, and fraud prevention teams to enhance security measures.
• Provide training and guidance to internal teams on CIP-related policies and best practices.
• Maintain documentation and reporting for regulatory audits and compliance reviews.
• Work closely with FinTech product teams to integrate CIP requirements into digital platforms and services.
• All employees in this role are required to complete and maintain current training in Bank Secrecy Act (BSA), Anti-Money Laundering (AML), and Office of Foreign Assets Control (OFAC) regulations. This includes initial onboarding training and ongoing annual refreshers, as mandated by Green Dot’s compliance policies. Non-compliance could pose reputational, legal, and financial risks to the organization.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level