Director of Compliance, Vestwell
$130-150k
Plus equity
The modern savings platform
Job no longer available
The modern savings platform
201-500 employees
Job no longer available
$130-150k
Plus equity
201-500 employees
Company mission
To make saving for life's most important milestones accessible to everyone.
Role
Who you are
- Bachelor’s degree required
- Five years of experience leading compliance initiatives, writing procedures, conducting training, preparing for regulatory exams at a regional or large bank
- Ability to manage multiple tasks simultaneously with attention to detail while working in a fast-paced, deadline-driven environment
- Ability to deliver results with a sense of urgency
- Must be a collaborative team player with the ability to leverage resources and tools to accomplish objectives
- Excellent time management, organizational, problem-solving, and research skills
- Ability to exercise good business judgment, discretion, and maintain confidentiality of sensitive information
- Strong written and verbal communication skills
- Professional and positive demeanor
- Excellent attention to detail and accuracy, proficient with numbers and basic calculations
- Proven ability to problem-solve and synthesize information quickly and be familiar with G-Suite, Microsoft Office, Slack, Zoom, Adobe Acrobat, DocuSign, Atlassian applications, and legal research and software applications
What the job involves
- We are seeking an energetic and reliable professional to join our Legal and Compliance Team as a Director of Compliance, Banking, and Custody and report into the General Counsel and Chief Compliance Officer of Vestwell
- You will be responsible for providing end-to-end compliance support for Vestwell’s highly regulated businesses, developing and overseeing a risk management framework and testing protocols
- As a successful candidate, you must be agile, with a demonstrated ability to pivot and manage a workload properly and timely, and able to work as part of a close-knit team in a fast-paced environment of a highly regulated financial services company
- Full compliance support for Vestwell’s banking/savings offerings, trust company, IRAs, and Broker-Dealer products
- Build and manage a compliance function to support these growing parts of Vestwell’s business including but not limited to: writing policies and procedures, training our employees, reviewing marketing materials
- Serve as the company liaison with FINRA and any state regulators and will take the lead on handling all FINRA filings and examinations
- Partner closely with the General Counsel to develop contract templates, and disclosures, and handle incidents and exceptions
- Accountable for full compliance for Vestwell’s cashiering and custody operations
- Create policies and procedures and work closely with our operations business to provide training and develop a risk management framework
- Implement a monitoring protocol for compliance with applicable law
- Coordinate and lead all aspects of Vestwell’s annual SOC audits and regulatory exams in partnership with our other compliance directors and internal stakeholders
- Ad-hoc compliance support for Vestwell’s other business functions, including assistance with vendor oversight and other general activities of Vestwell’s growing Legal and Compliance Team
Our take
Access to retirement and workplace savings remains a challenge for many American workers, especially in gig and non-traditional roles. Founded in 2016, Vestwell is a fintech company making savings simpler, more accessible, and inclusive. From retirement accounts to students loan repayment and specialized savings programs, Vestwell is helping build a modern savings economy for everyone.
Vestwell's platform gives employers, payroll providers, and financial advisors easy tools to manage savings plans, while empowering employees to save directly from their paychecks. And programs like the Amazon Delivery Service Partner pooled employer plan and state-run auto-IRA initiative show just how Vestwell is helping underserved workers gain access to retirement savings, creating real financial security for millions nationwide.
Serving nearly 1.5M participants across 350,000 businesses with over $35B in assets, Vestwell has raised $125M in recent funding and expanded state partnerships. By tailoring solutions for gig and mobile workforces, the company has put itself in a prime position to continue transforming how Americans save, making financial security more accessible than ever.
Steph
Company Specialist at Welcome to the Jungle
Insights
17% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Feb 2026
$385m
SERIES E
Dec 2023
$125m
SERIES D
Total funding: $622.5m
Company benefits
- Competitive health coverage
- A dedicated Employee Wellbeing Committee
- Generous vacation, safe/sick time, and leave policies
- Strong focus on learning & development
- Hybrid work environment
- A great 401(k) plan!
Company HQ
Midtown East, New York, NY
Leadership
Aaron Schumm
(Founder & CEO)Studied Finance at GIES College of Business and then received an MBA from Duke. Head Equity Research at financial advisory firm Dillon Scott Securities, Product Manager at Fiserv, VP of Product Marketing at Citi.
David Sheen
(CFO)David joined Vestwell in 2017 as an SVP of Finance & HR and became CFO in 2020. Prior to this, he spent 2 years at Primary Venture Partners as a Senior Associate and Principal and 3 years at Morgan Stanley as an Investment Banking Associate.
Jonathan Mark
(COO)Jonathan joined Vestwell in 2021 as an SVP of Business Operations & Strategy and became COO in 2023. Prior to this, he was the Interim Head of Member Operations at Garner Health and a Go-to-market Consultant at Elemental Cognition. He also spent nearly 7 years at Bridgewater Associates in various roles including Chief of Staff to Department Head of Engineering and AI (Principles Division) and Head of Business Operations (Principles Division).
Patty Kim
(CPO)Prior to joining Vestwell in 2020, Patty was a Senior Director of Global Talent Acquisition/VP of People Ops & Talent at Conductor. She also spent 3 years at Dentsu Aegis Network as a Director of Talent Acquisition and 3 years at 24 Seven as an Account Manager.
Rob Molchon
(CTO)Prior to joining Vestwell in 2021, Rob held VP roles at Integral Ad Science, Sizmek, MediaMind, and Unicast.
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