Director of Compliance and Regulatory Affairs, Remote
Payments
HR solutions for distributed teams
Open for applications
HR solutions for distributed teams
1001+ employees
Open for applications
1001+ employees
Company mission
To open up the world of work for every person, business, and country.
Role
Who you are
- Strong and vast experience in Compliance, Financial Crime, Regulation, and Fraud
- Proven ability to lead a department and manage a team
- Relevant qualifications in compliance, such as ICA or equivalent certification
- Extensive knowledge of international compliance standards, regulatory requirements, and fraud prevention strategies. Particular focus in European Union and UK payments regulation
- Strong analytical and problem-solving skills, with the ability to make data-driven decisions
- Excellent communication and interpersonal skills, with the ability to build relationships with stakeholders at all levels
- Ability to work independently and proactively in a remote or hybrid work environment
- Experience working with European regulators strongly preferred
- Writes and speaks fluent English
- It's not required to have experience working remotely, but considered a plus
What the job involves
- The Director of Compliance and Regulatory Affairs for Payments is responsible for overseeing and managing compliance with regulatory requirements (e.g. , AML/CTF policies, Sanctions), industry standards, and internal policies specific to the payments industry
- This role involves developing, implementing, and maintaining compliance programs, ensuring adherence to relevant laws and regulations, and mitigating risk within the payments ecosystem
- The Director will also liaise with regulatory bodies and lead efforts to align company practices with evolving payment regulations
- You'll report to: Chief Legal Officer
- Direct reports: 11 compliance team members
- Develop, implement, and maintain compliance policies and procedures that align with international regulatory requirements
- Lead the compliance and regulatory functions for the organization's entities, ensuring adherence to global standards and requirements
- Manage the teams performing CDD/EDD and broader KYB and KYC processes and act as primary escalation point
- Ensure consistent oversight and governance across all entities to maintain high compliance standards
- Manage the global portfolio of compliance risks, ensuring proactive identification, assessment, and mitigation of risks
- Act as the primary point of contact for regulatory bodies, ensuring effective communication and compliance with all regulatory obligations. Act as Compliance Officer / Risk Officer in Remote’s regulated jurisdictions
- Conduct regular compliance audits and monitoring activities to ensure adherence to internal policies and regulatory requirements
- Lead the development and delivery of compliance training programs to educate employees on regulatory requirements and fraud prevention strategies
- Prepare and present regular reports on compliance status, risk assessments, and fraud prevention activities to senior management and the board of directors
Application process
- Interview with recruiter
- Interview with COO
- Interview with Head of Payments
- Interview with team members (no managers present)
- Interview with Chief Legal Officer
- Prior employment verification check
- Roughly 4 hours across 6 weeks
- Start date: As soon as possible
Our take
The number of companies switching to fully-remote set-up is booming. Aiming to capitalise on this, Remote helps companies of all sizes hire and manage international employees across benefits, taxes, payroll and compliance.
According to Remote, local and international regulations constantly change. Thus, the company's unique selling point is that its law attorneys and HR specialists are focused on supervising regulations on a daily basis and ensuring that the clients avoid expensive compliance mistakes. Remote also differentiates itself through its network of local legal entities that cover all of the countries they offer services for to ensure the clients receive the best protection in the industry. Moreover, the company offers a platform for distributed teams that makes it easy for companies to onboard and pay international contractors and employees.
Remote's history of funding - that helped secure its $3Billion valuation - has supported expansion across markets, as well as being used to expand partnerships and integrations. Further development of its tool suite can be expected, as the company pushes to be the first name in distributed HR.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
43% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Apr 2022
$300m
SERIES C
Jul 2021
$150m
SERIES B
Total funding: $496m
Company benefits
- Unlimited personal time off
- Paid parental leave
- Co-working allowance
- Flexible working hours
- Learning budget
- Mental health support
- Company stock options
- Home office setup
- Celebratory allowances
- Branded swag
- Other country-specific benefits
Company values
- Kindness
- Excellence
- Ownership
- Transparency
- Ambition
Company HQ
Fisherman's Wharf, San Francisco, CA
Articles
Leadership
Job van der Voort
(CEO)Previously Researcher at Champalimaud Foundation for 1 year and Co-Founder & CTO at JAXONS for 1 year.
Marcelo Lebre
(COO)Previously Chief Technology Officer at Faber Ventures for 1 year and VP of Engineering at Unbabel for 2 years
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