Product Compliance Manager, Bitcoin & Digital Assets

Block•New York, NY

5d•$142,600 - $257,600•Remote

About The Position

The Business Product Compliance and Partnerships team serves as strategic compliance advisors to Block business teams, partnering with them to define product launch requirements, identify corresponding controls, and provide ongoing compliance support throughout the product lifecycle. This involves support efforts such as ongoing risk assessments, audits/exams, documenting Policies, Standards, Procedures, and Regulatory Change Management. Product Compliance Managers (PCMs) are key decision makers on compliance controls and recommendations to Product teams. Additionally, PCMs work closely with partner banks to help build and maintain world-class compliance programs for affiliated products. We are seeking a PCM to support Square's Lending compliance program. In this role, reporting to Block's Lending Product Compliance Lead, you will drive a strong compliance posture for Square's Lending products, including the Square Credit Card. The ideal candidate has experience working directly with product teams on a day-to-day basis, while also being able to provide effective oversight and governance of key compliance activities such as issues management, testing and monitoring, policies and procedures, regulatory exam management support, complaints management, as well as credit decisioning policies and model risk management. Lastly, it is critical the candidate is a great, collaborative partner, who has experience working with Bank Partners, Product, Engineering, Design and Legal teams.

Requirements

8+ years in the compliance industry, ideally with experience in payments and lending compliance
Strong regulatory knowledge, specifically in areas pertaining to AML/BSA, UDAP/UDAAP, Truth in Lending Act (TILA), Regulation Z, Military Lending Act (MLA), Fair Credit Reporting Act (FCRA), and Equal Credit Opportunity Act (ECOA)
A metrics-driven approach to create substantiated solutions
Operational knowledge in strongly support our Product partners
Ability to influence others and gain support around compliance goals
Work with team members of all levels

Responsibilities

Partner with Product and Regulatory Counsel to understand the Legal obligations associated with new products and features
Identify, document and support the design of strong, mitigating controls in accordance with Legal requirements
Be embedded with Product partners, understanding their strategic vision, and providing strategic compliance advice and support
Identify product gaps in controls and collaborate on compliant remediation plans
Work with other Compliance partners to identify, document, and develop an inventory of risks and controls for the Square Lending products