Regulatory Compliance Manager, Americas
Company: Airwallex
Location: San Francisco
Posted on: May 4, 2024
Job Description:
At Airwallex , we're building the future of global finance on
one platform. Founded in 2015 in Melbourne, Airwallex is the
leading financial technology platform for modern businesses to grow
beyond borders. With one of the world's most powerful payments
infrastructure, our technology empowers businesses of all sizes to
accept payments, move money globally, and simplify their financial
operations, all on one single platform. If you're excited to do the
most ambitious work of your career and change the way money moves
around the world - join us!Airwallex is committed to upholding our
regulatory obligations in the payments space. The Regulatory
Compliance Manager, based in the United States, is primarily
responsible for managing our U.S. money transmission licensing
(MTL) program and our Canadian licensing program. You will maintain
our licensing responsibilities and coordinate with all internal and
external parties as necessary to ensure compliance through the
communication of regulatory requirements, cross-functional
collaboration to productize solutions and offerings, implementation
and execution of processes, filing of all requisite reports
(including notification of relevant changes), renewal of
registrations and licenses, end-to-end management of regulatory
examinations, and interfacing with state MTL regulators on ad-hoc
inquiries.Responsibilities:
- Coordinate state money transmission license reporting,
including preparation and submission of all renewal applications,
as well as quarterly, semi-annual, and annual financial and other
reports, as required
- Ensure compliance with all state and federal money transmission
requirements, including permissible investment maintenance, surety
bond obligations, and customer disclosure requirements
- Create capital requirements, permissible investments and
regulatory reporting policies and procedures.
- Assist with preparation and submission of all new money
transmitter applications and related supplementary materials
- Prepare notifications and forms related to any and all material
changes to the company as required by state regulators
- Communicate with licensors and respond to all licensing or
license compliance related inquiries from licensors or
agencies
- Oversee regulatory examinations by collating internal responses
to pre-examination due diligence requests and managing on-site
examinations including collaboration with internal partner
- Lead response and remediation efforts for examinations
conducted and findings issued by such licensors or agencies
- Support internal audit implementation and reporting for
examinations conducted and findings
- Manage all state and extra-provincial business registrations
and incorporation filings
- Assist with managing non-MTL compliance requirements, such as
compliance with consumer protection laws, escheatment laws, and
foreign bank account reporting requirements.Qualifications:
- BA/BS degree or higher
- Familiarity with BSA/AML, money transmission regulations, and
industry best practices
- Discretion and personal integrity, especially with respect to
sensitive financial, personal, and corporate information
- 5+ years' experience with Money Services Business
licensing/government regulated activity, financial technology, or
payments businesses
- Strong writing and communications skills including the ability
to articulate legal and regulatory obligations
- Superior attention to detail and accuracy
- Strong organization and project management skills
- Ability to work in a fast-paced start-up environment.Airwallex
is proud to be an equal opportunity employer. We value diversity
and anyone seeking employment at Airwallex is considered based on
merit, qualifications, competence and talent. We don't regard
color, religion, race, national origin, sexual orientation,
ancestry, citizenship, sex, marital or family status, disability,
gender, or any other legally protected status when making our
hiring decisions. If you have a disability or special need that
requires accommodation, please let us know.Airwallex does not
accept unsolicited resumes from search firms/recruiters. Airwallex
will not pay any fees to search firms/recruiters if a candidate is
submitted by a search firm/recruiter unless an agreement has been
entered into with respect to specific open position(s). Search
firms/recruiters submitting resumes to Airwallex on an unsolicited
basis shall be deemed to accept this condition, regardless of any
other provision to the contrary.
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Keywords: Airwallex, Mountain View , Regulatory Compliance Manager, Americas, Executive , San Francisco, California
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