VP Governance Risk & Compliance
On-siteSan Antonio, Texas, United States
Job Summary
Create and maintain the Payment Enterprise Compliance program, developing policies and procedures for the Governance, Risk & Compliance team. Serve as the primary contact for managing regulatory, internal, sponsor bank, and third-party audits while overseeing documentation of risk controls in the compliance management system. Develop internal controls, policies, and training to ensure adherence to laws, corporate standards, and AML/BSA requirements. Conduct cross-departmental reviews of contracts, websites, and marketing materials for compliance content, and collaborate with Fraud and Product teams on KYC/OFAC procedures. Stay current on state and federal regulations, Visa/MC, and NACHA rules changes, and respond to inquiries from internal and external partners. Ensure compliance with FINCEN obligations, maintain state licensing, and lead root cause analysis for remediation efforts. Report to the COO and oversee the Payments Risk and Compliance Committee.
Required Qualifications
- Ten (10) years of compliance experience in a risk management, compliance, or internal control related function in financial services or financial technology spaces
- Three (3) years of multi state compliance experience in the financial industries
- Experience working with merchants or providers
- Demonstrated ability in constructing, developing, delivering, and managing compliance programs and product controls in a fast-paced industry
- Demonstrated understanding of regulated vs unregulated business models, AML checks and protections, and related regulatory requirements
- Demonstrated ability to uncover root causes and key risk trends from a wide variety of data sources and create detailed action plans to improve Fraud and AML risk
- Strong team player confident in managing others and comfortable reporting to executive-level supervisors
- Experience with money transmission and alternative payments type including channels
- CAMS, CFE, or equivalent certification is preferred
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