Senior Compliance Officer

Job Description

• Act as the primary expert and advisor on all Faire compliance matters, managing external regulatory engagements, legal contracts, and third-party vendor compliance. • Monitor compliance with laws, regulations, company policies, and contracts • Perform compliance program testing to assess adherence to the compliance management system and maintain compliance calendar • Stay informed of emerging regulatory changes, trends, and best practices; assess potential impacts on the company to maintain a robust compliance program that aligns with relevant industry standards and regulatory requirements • Conduct risk assessments to identify potential areas of compliance vulnerability and risk; develop and implement corrective action plans for resolution of problematic issues • Provide regular reports on compliance activities to senior management, regulators, and Faire’s Board of Directors • Manage and grow the compliance team, providing guidance and leadership • Manage partnerships with banks or other financial institutions • Ensure KYC, BSA/AML and sanctions compliance • Perform or assist in internal audits, or assist with external audits from business partners or regulators • Develop compliance training programs and oversee the training of employees in compliance topics, policies, and procedures • Assist in development, implementation and maintenance of sound internal controls • Provide guidance to Faire’s trust and safety and marketplace safety teams • Serve as the subject matter expert on privacy-related laws, including the GDPR and the CCPA, and assist in the continued improvement of Faire's global privacy program

Qualifications

• 8+ years experience in a compliance role in a related industry or in financial services, with at least 3 years in a leadership position • Extensive knowledge of the regulatory environment in the fintech industry, particularly consumer lending, mortgage, banking, insurance, payments, broker-dealer and investment advisory, privacy, and cybersecurity • Relevant ABA or ISACA certification preferred • Proven experience in building compliance programs and managing compliance teams • Excellent communication and analytical skills, as well as an impeccable attention to detail and strong sense of ownership and accountability • Ability to distill complexity and to identify and clearly communicate practical, risk-based solutions • Strong leadership qualities and a team-oriented mindset • Demonstrated ability to work cross-functionally and collaboratively with internal stakeholders

Benefits

• California: the pay range for this role is $256,500 - $352,500 per year. • This role will also be eligible for equity and benefits. Actual base pay will be determined based on permissible factors such as transferable skills, work experience, market demands, and primary work location. The base pay range provided is subject to change and may be modified in the future.