Compliance Director, Highnote

$160-200k

+ Equity

Senior and Expert level
Remote from US
Highnote

Card issuer and payments services

Job no longer available

Highnote

Card issuer and payments services

101-200 employees

FintechB2BPaymentsCredit cardsFinancial ServicesAPI

Job no longer available

$160-200k

+ Equity

Senior and Expert level
Remote from US

101-200 employees

FintechB2BPaymentsCredit cardsFinancial ServicesAPI

Company mission

To address limitations in the growing embedded finance market.

Role

Who you are

  • 8-10+ years of experience building or operating a Compliance program in a fintech or a bank (or equivalent experience in a regulatory agency)
  • Regulatory subject matter expertise in federal banking, consumer protection, and anti-money laundering regulations
  • Startup mentality - the ability to take ownership of projects while operating in a collaborative environment and a strong desire to learn from and grow with other team members
  • Understanding of the regulatory requirements in the card issuing/acquiring / processing space
  • Proven ability to proactively, efficiently, and accurately assess risks in a fast-paced environment
  • Track record of creative problem-solving, excellent written and oral communication skills, and creation of strong and trusted cross-functional relationships
  • Strong communication and interpersonal skills, who is able to form relationships while also getting results
  • Humble and Friendly personality with an open and honest communication style and the ability to collaborate across all areas and levels
  • Action oriented; no task is too small or insignificant for you
  • Take ownership and deliver results in a fast-paced and sometimes ambiguous environment

Desirable

  • Experience with regulatory and network requirements for both debit and credit products on both the issuing and acquiring side is a strong plus (issuing is preferred)
  • Strong knowledge of and interest in disruptive technology
  • Prior experience working in fintech or a high-growth tech company is a plus

What the job involves

  • Highnote understands the importance of compliance and takes its regulatory responsibilities seriously. We are seeking candidates who can take ownership of building a compliance function from the ground up while embracing technology and customer-centric design to control risks while supporting a high-growth startup
  • This position is the Director of Compliance with responsibility for overseeing all aspects of the Compliance program governance and oversight
  • You will eventually manage a team of Compliance professionals with a responsibility for the creation and maintenance of the Compliance program
  • You will be able to both grow and lead this team in the long term and roll your sleeves up in the beginning
  • This position reports directly to the Head of Compliance
  • Review, create and finalize Policies and Procedures to ensure Subscriber Policies and Procedures meet Highnote and Bank Standards
  • Create templates to enhance Subscriber policies
  • Receive and implement bank feedback on policies
  • Partner with Compliance Director (SME Credit) on Credit Policies and lead review on non-Credit Policies
  • Manage Compliance policy review with Subscriber
  • Manage Targeted Requests from bank partners and coordinate response with Key Internal Parties
  • Enhance Third Party Risk Management Procedures and Processes
  • Coordinate audits, exams, and independent reviews and spearhead timely remediation efforts while working directly with Head of Compliance
  • Coordinate and execute internal risk assessments (e.g. BSA/AML, risk and control self-assessments) to evaluate adherence to departmental policies, audit requirements and regulatory obligations with the Head of Compliance

Share this job

View 13 more jobs at Highnote

Insights

11% employee growth in 12 months

Company

Company benefits

  • Equity
  • Health, Dental and Vision Insurance
  • Flexible PTO
  • Parental Leave
  • 401k Plan
  • Paid Lunch During Work Days
  • Work From Home Stipend
  • Team Events and Offsites

Funding (last 2 of 3 rounds)

Jun 2022

$25m

CONVERTIBLE

Sep 2021

$54m

SERIES A

Total funding: $90.5m

Our take

Highnote is revolutionizing the world of branded payment cards, offering businesses of all sizes the ability to issue customizable cards for customers or employees. Whether for in-store shopping, loyalty programs, or corporate expenses, Highnote makes the process quick and affordable - something that was once only accessible to the largest companies.

Founded by former BrainTree and PayPal executives, Highnote has quickly gained traction in the fintech space. With significant funding and a focus on innovation, the company is positioning itself to surpass competitors like Marqeta. By leveraging the latest technology, Highnote has built a modern platform that enables businesses to create and manage payment cards more efficiently.

With a fresh $90M in funding, new acquiring capabilities, and a strong backing from major investors and partners, Highnote is clearly making its makr. As it continues to grow its platform and expand its global reach, the company is ready to be a key player in the future of embedded finance.

Kirsty headshot

Kirsty

Company Specialist at Welcome to the Jungle