Head of Compliance

Unit•New York, NY

3d•$225,000 - $275,000

About The Position

Unit is a market leader in embedded finance. We offer ready-to-launch financial services - like banking and capital - and serve millions of end-users across ~100 customers, including Wix, Honeybook, Relay, and more. We’re repeat founders with technical backgrounds, working hard to build a successful company that we’re proud to work at. Our product moves $40b+ annually and processes 12m+ API calls daily. We’ve raised $160m+ from top investors including Insight, Accel, and 60+ angels. We are hiring a Head of Compliance to join Unit’s growing team in New York City. Reporting to the Chief Legal Officer, the Head of Compliance will be responsible for managing Unit’s compliance function and leading Unit’s dynamic compliance team. The ideal candidate is a creative, experienced, energetic, and action-oriented compliance leader who enjoys building world-class financial infrastructure in close partnership with banks and technology companies, and using technology to innovate in risk management.

Requirements

10+ years of experience as a compliance builder and leader in banking or fintech, with a focus on embedded finance, sponsor banking, and/or program management.
Deep knowledge of U.S. banking, payments, lending, and financial crimes compliance and risk management.
Passion for working with product and engineering teams to build compliance controls into products.
Detail-oriented and practical leader who enjoys both setting long-term strategy and working day-to-day in the weeds.
Problem-solver who thrives in a fast-paced environment with a wide variety of demands.
Collaborative team player who enjoys teaching others, investing in developing their team members, and is good at breaking down complex issues into digestible explanations.

Responsibilities

Lead and manage the Compliance team and all relevant compliance functions at Unit, including financial crimes compliance, banking and payments, and lending.
Help set the vision for the evolution of compliance in embedded finance.
Oversee hiring, training, development, and performance management of team members.
Ensure operational excellence, driving consistent, high-quality service delivery across the compliance function.
Identify and execute opportunities for innovation and scalability through technology and AI.
Define, implement, and continuously improve compliance policies, procedures, and documentation.
Own the compliance management function, including developing and implementing a roadmap for continued investment.
Establish and manage SLAs, KPIs, and other applicable metrics to evaluate efficiency and effectiveness.
Partner closely with internal stakeholders across the company, including Product, Legal, Go-to-Market, Platform, Fraud and Risk, and Customer Success.
Collaborate with Product, Engineering, Fraud Analytics, and Data teams to develop rules, models, and tools that improve efficiency, platform safety, and compliance.
Act as a champion for compliance and risk management with the executive team and the board.
Serve as the primary point of contact and escalation point for compliance matters and questions with Unit’s bank customers and clients.
Represent Unit on topics related to compliance in embedded finance in public forums (speaking and writing).
Meet with and develop relationships with other external stakeholders (regulators, legislators, trade groups).