Director - Product Regulatory Compliance
Current● Conduct Compliance Risk Assessment on a suite of twenty products across the organization. ● Analyze and advise product owners of regulatory rule change applicability to a suite of twenty products across the organization. ● Ensure new products are developed to comply with relevant state and federal regulations including HIPAA, ADA Title II, BSA/AML, and CFPB Regulations. ● Evaluate embedded finance and buy now pay later offerings for integration with existing products. ● Develop and implement compliance program controls including new policies, monitoring and testing, client inquiry response, and product marketing review. ● Provide direct compliance oversight to state licensed money transmission subsidiaries and ensure . ● Lead team in responding to regulatory examination requests and other regulatory inquiries. When regulatory issues are identified, manage remediation to ensure that deficiencies are effectively resolved. ● Provide compliance advisory guidance to line of business clients in subject matter areas such as Privacy, BSA/AML, and Regulation E. ● Support line of business Legal in development and negotiation of contracts with vendors, clients, and agents. ● Provide compliance risk updates and detailed reporting to the Chief Compliance Officer and line of business leads in various governance forums. ● Lead new hires and junior associates in initiatives designed to further develop the regulatory compliance program.
