Chief Compliance Officer, River Financial
$200-300k
+ Equity
Bitcoin financial services
Be an early applicant
Bitcoin financial services
101-200 employees
Be an early applicant
$200-300k
+ Equity
101-200 employees
Company mission
To provide financial products and services that enable our clients to harness the transformative possibilities of Bitcoin.
Role
Who you are
- Deep experience building and running compliance programs at a regulated financial institution, ideally with BSA Officer experience
- A track record of managing regulatory exams and audits, and building genuine, durable relationships with regulators and bank partners
- Direct experience with OCC processes; charter application experience is a strong plus
- A systems thinker, someone who solves the root problem and builds the process that prevents it from recurring, rather than patching the symptom
- Strong people leadership with experience building, managing, and developing a team of analysts
- Excellent communicator, equally comfortable in a room with examiners, the Board, or an engineer debugging a control
- Strategic and proactive, you see around corners on regulatory risk rather than waiting for it to arrive
- A client-first mindset, you see compliance as a way to protect and serve clients, not just satisfy a regulator, and you look for ways to say yes without compromising the program
- A genuine culture carrier, someone who raises the bar for how the people around them think and work
- Comfortable with ambiguity and the pace of a fast-growing company building something that hasn't been built before
What the job involves
- Lead and grow River's team of compliance analysts, setting the bar for how the team operates, hires, and develops
- Serve as River's BSA Officer, owning the BSA/AML and sanctions (OFAC) programs end-to-end, including policy, monitoring, investigations, and reporting
- Build and maintain River's compliance policies and procedures across the business, and run a company-wide training program that keeps pace with how River and the regulatory landscape are changing
- Own River's compliance risk assessment, and ensure the output drives cross-functional project prioritization to address gaps
- Develop and run an independent compliance testing and monitoring function, separate from day-to-day BSA monitoring
- Maintain River's state money transmitter licenses (MTLs), including renewals and license-specific exam readiness, while driving River's OCC national trust charter process forward with executive leadership, outside counsel, and consultants
- Own River's relationships with regulators and compliance leadership with our bank partners
- Manage all regulatory exams, audits, and third-party assessments, from prep through remediation
- Own compliance sign-off on new products and features before launch, so compliance is built in, not bolted on after the fact
- Build repeatable, scalable compliance systems and processes, not one-off fixes, so the program holds up as River grows
- Advise the executive team and Board on regulatory strategy and emerging risk, proactively rather than reactively
- Partner cross-functionally with Operations, Product, and Engineering to embed compliance into how River builds
- Act as a culture carrier for River, modeling how we think about trust, honesty, and rigor internally, not just in front of regulators
Application process
- Introductory interview with River’s COO (30 minutes)
- First round interview block (1 hour with two River employees)
- Prompted written assessment
- Final round interview block (1 hour block with leadership, including River’s founder/CEO)
Our take
The decentralised nature of cryptocurrency holds many to believe that it is the future of finance, resulting in a huge increase in people interested in investing in Bitcoin. However, existing platforms for Bitcoin purchasing are limited in functionality, aimed towards casual investors, and often insecure.
River offers a high-security Bitcoin brokerage that is aimed towards sophisticated investment as opposed to short-term and beginner trades. The product provides long-term investment tools such as recurring orders, performance tracking, and interest-bearing accounts - services that are rarely provided by existing cryptocurrency brokerages.
Despite the mass of cryptocurrency platforms available to use for free, River has found a unique selling point by focusing on long-term, well-informed, and professional Bitcoin investment. The company has partnered with Bitcoin Magazine to help drive the further adoption of Bitcoin and continues to deliver new features such as zero-fee recurring purchases in order to remain at the forefront of the industry.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 3 rounds)
May 2023
$35m
SERIES B
Jan 2021
$12m
SERIES A
Total funding: $52.7m
Company benefits
- Unlimited PTO
- Medical, dental, and vision insurance
- 401k
- In-office lunch benefit
Company HQ
The Castro, San Francisco, CA
Leadership
Alexander Leishman
(Co-Founder & CEO)Having studied Computer Science at Stanford, Alexander worked as a Security Software Engineer for Airbnb and an Engineer at Polychain Capital.
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