Risk & Compliance Specialist, LeafLink
$70-100k
Plus stock options
Wholesale marketplace for legal cannabis
Job no longer available
Wholesale marketplace for legal cannabis
201-500 employees
Job no longer available
$70-100k
Plus stock options
201-500 employees
Company mission
To provide growing cannabis businesses with the tools they need to manage their businesses more effectively and accelerate growth.
Role
Who you are
- 2-5 years of experience in compliance management within the financial services sector, preferably with a focus on digital banking fintech or similar technology-driven environments
- Strong analytical skills with the ability to research and interpret complex regulatory requirements and develop practical compliance solutions
- A solid foundation in risk management frameworks, banking financial regulatory requirements, and compliance principles
- Ability to quickly grasp and assimilate complex information across multiple business functions and make/influence rapid fact-based decisions, recognizing potential problems and quickly escalating them to the appropriate levels of management
- Possess great self-motivation and a high level of initiative. Expected to work autonomously with minimal supervision, prioritize tasks properly, and manage time efficiently
- Relevant certifications (e.g, CERP, CRCM) are preferred but not required
What the job involves
- LeafLink is seeking an experienced Risk and Compliance Specialist to join our fast-growing team, reporting directly to the Senior Director of Enterprise Risk and Compliance
- In this role, you will support the development and operationalization of LeafLink’s risk and compliance program, take charge of regulatory initiatives, and coordinate compliance activities throughout the company
- The ideal candidate will have a deep understanding of the regulatory landscape, experience in implementing risk management strategies, and exposure to the cannabis industry
- In partnership with key stakeholders, develop, implement, and maintain risk and compliance policies and procedures, ensuring alignment with regulatory requirements and appropriate communication and training on established compliance processes
- Coordinate day-to-day risk and compliance activities, including supporting audits and the implementation of new products and services, which will require collaboration with various teams to gather and analyze data to identify possible areas of risk and implement appropriate controls and measures to mitigate these risks
- Monitor licensing and tax compliance to ensure LeafLink customers adhere to cannabis regulatory requirements. This includes conducting regular reviews to ensure that proper licensing has been obtained and maintained throughout the customer's life cycle, staying current on relevant changes to cannabis licensing and tax requirements, and providing guidance and support to internal stakeholders to ensure their continued compliance with established procedures
- Research and respond to licensing and tax compliance inquiries about LeafLink’s prospective and existing customers to assist business areas across the company in navigating complex state regulatory requirements, providing them with clear guidelines on different state and local laws regarding cannabis sales, distribution, and taxation
- Conduct ongoing compliance reviews to ensure policy requirements and implementing procedures are followed across the company and validate the operating effectiveness of established compliance controls
- Assign and monitor compliance training assignments and policy acknowledgments to ensure timely completion, and as needed, deliver ad-hoc training in response to a change in regulation or internal practice to address updates accordingly
- Seek guidance from outside consultants when needed to ensure the sustainability of LeafLink’s risk and compliance management programs and provide adequate guidance and direction to internal stakeholders
Our take
Cannabis is the most widely produced and consumed drug in the world, but until relatively recently this market remained underground. An increasing number of US states, however, are opting to legalize cannabis, opening up a highly lucrative market opportunity that businesses are looking to capitalize on.
LeafLink has cemented its position as one of the major supply chain players in the growing legal cannabis market, connecting suppliers with retailers through its wholesale eCommerce marketplace. Currently, it commands over half of the US cannabis market, as well as having strong VC backing, and surpassing the $1B transaction threshold.
Since 2016, it has helped over 12,000 companies build relationships., process payments, and ship products to retail and it isn't slowing down any time soon. Recently the company acquired Leaf Trade and Dama Financial, putting it in an even greater leadership position within the cannabis industry. Now the company looks set for an even greater future.
Steph
Company Specialist at Welcome to the Jungle
Company
Funding (last 2 of 7 rounds)
Feb 2023
$100m
SERIES D
Jul 2021
$40m
SERIES C
Total funding: $229m
Company benefits
- Healthcare, dnetal, and vision coverage
- 401k plan
- Company equity
- Unlimited PTO + 5 days of Volunteer Time Off (VTO)
- Learning and development stipend
Company HQ
Financial District, New York, NY
Leadership
Artie Minson
(CEO & President)Initially joined LeafLink as COO in 2022 before becoming CEO in 2023.
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