Head of Compliance

The Better Money CompanyNew York City, New York

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Overview

Schedule

Full-time

Career level

Executive

Remote

On-site

Benefits

Health Insurance

Dental Insurance

Vision Insurance

Job Description

TL;DR

The next wave of stablecoin adoption is payments. We’re building a stablecoin clearinghouse to make stablecoins move like money, not a trading asset. We’re building for the long-term, and that means focusing on compliance from day one. Help us come build out and scale our program.

About Us

We believe stablecoins are better money and will be the backbone of better payments. We see key structural problems hindering stablecoin adoption, and we’re going to fix them – starting with building a clearinghouse. We’re a small, scrappy team based in NYC, we’ve raised $10M from a16z Crypto and other excellent partners, and we’re going to bring better money to the world.

What You’ll Do

Build and manage our compliance program, including BSA/AML, KYC, and sanctions screening frameworks
Lead money transmitter license (MTL) applications at the state level
Develop, maintain, and operationalize compliance policies, procedures, and controls
Hire and build out the compliance team over time
The dishes.

What We’re Looking For

You’ve been the head of compliance or CCO of a licensed money transmitter or bank.
You’ve led preparation and filing of MTL applications across multiple states.
Strong working knowledge of BSA/AML, KYC/KYB, OFAC, and state money transmission regulations.
Familiarity with stablecoin, crypto, or digital asset regulatory landscape is a plus.
You are creative and a problem solver. You approach problems with solutions.

Our Values

Be offended by the status quo - a payment taking 3 days and costing 3% is offensive. Every day that people interact with legacy financial infrastructure costs humanity time and money. Bring the future forward with righteous indignation.
Be all over it- operate with extreme urgency and accountability. Know the numbers, meet the right people, answer every email, go the extra mile. Ask yourself: can it be done today?
We sell trust - trust is easy to lose. Security and integrity are our foundation. Use every interaction and every product as an opportunity to build trust. This is non-negotiable.
Do the dishes - we are all owners. Put ego aside and get shit done.
Be the glue - pick each other up and make each other better. Be direct, be helpful, and assume positive intent. Win as a team.
We enjoy the crucible! We are on a mission to change money. It takes a lot of optimism to attack such an ambitious goal. Our opportunity is a privilege and we don’t forget that. Especially when the journey is hard.

If these values speak to you, come talk to us!

Benefits:

We're playing the long-game. We think you should too. This means investing in our employees. We offer comprehensive (and growing) benefits, including:

Competitive salary and equity
Comprehensive insurance (medical/dental/vision)
Unlimited vacation: Take time when you need it
Periodic off-sites

Equal Opportunity Employment:

The Better Money Company is an equal opportunity employer. We are looking for the best!

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FAQs About Head of Compliance Jobs at The Better Money Company

What is the work location for this position at The Better Money Company?

This job at The Better Money Company is located in New York City, New York, according to the details provided by the employer. Some roles may also include multiple work locations depending on the requirement.

What pay range can candidates expect for this role at The Better Money Company?

Employer has not shared pay details for this role.

What employment applies to this position at The Better Money Company?

The Better Money Company lists this role as a Full-time position.

What experience level is required for this role at The Better Money Company?

The Better Money Company is looking for a candidate with "Executive" experience level.

What benefits are offered by The Better Money Company for this role?

The Better Money Company offers following benefits: Health Insurance, Dental Insurance, Vision Insurance, Paid Vacation, and Flexible/Unlimited PTO for this position. Actual benefits may vary depending on the employer's policies and employment terms.

What is the process to apply for this position at The Better Money Company?

You can apply for this role at The Better Money Company either through Sonara's automated application system, which helps you submit applications 10X faster with minimal effort, or by applying manually using the direct link on the job page.