Director of Compliance

What We Do:

Brightwell is a full-service FinTech company that provides thoughtful solutions and technology for sending money around the world while managing the complex regulatory requirements surrounding those transactions. Coupling technological innovation with strategic partnerships, Brightwell offers technology for businesses, FinTechs, program managers, and financial institutions to expand their own portfolio into cross-border payments (including bank transfers, mobile wallets, or cash). Providing an unmatched global network of payout corridors and payment options, superior technology that can be implemented much faster and more economically than most typical solutions, and backed by in-house team of global payments experts, Brightwell offers the best solution when it comes to managing and moving money around the globe.

Who We Need:

We’re searching for a Director of Compliance to join our crew. As Director of Compliance, you will lead a team of compliance analysts and specialists. You will plan, implement, and monitor the corporate compliance program, oversee reporting obligations, serve as the point of contact for internal business units, and ensure compliance with BSA/AML (KYC/OFAC/Transaction Monitoring/Training) processes. We’re searching for someone who can act in an advisory capacity for their peers and others within the organization as a compliance subject matter expert with the goal of supporting an enhanced compliance culture.

What You’ll Do:

• Direct, plan, and oversee the strategic direction of the Anti-Money Laundering/Bank Secrecy Act (AML/BSA) and Office of Foreign Assets Control (OFAC) programs

• Provide leadership and foster a collaborative compliance culture for adherence to technical requirements related to AML/BSA regulations

• Handle inbound inquiries and audit/information requests from bank and remittance partners, other business units and compliance related queries from customers

• Monitor the research and resolution of cardholder identity verification exceptions related to the Customer Identification Program (CIP)

• Oversee the performance of basic or enhanced due diligence for corporate clients using the internet, in-house and commercial databases, and other relevant sources

• Lead a team of BSA compliance professionals and create an environment that promotes team member growth and teamwork in support of Brightwell's values and mission

• Conduct periodic reviews and audit of internal department processes and procedures

• Adhere to procedures including BSA/AML as it pertains to "know your customer"

• Perform MSB tracking of requirements fulfillment for MTLs and registrations

• Evaluate recommendations related to the submission of suspicious activity reports (SARs)

• Prepare SARs on suspect transactions, clients, or activity, creating and maintaining cases requiring further investigation

• Conduct periodic training within the team and for the larger organization as required due to regulation

• Manage special projects and take on other duties as assigned

As Director of Compliance, you have:

• Bachelor’s degree in a related field

• 10 years of Compliance experience with expert knowledge of relevant industry regulations and regulatory compliance

• Advanced knowledge of compliance laws, regulations, and regulatory expectations

• Knowledge of federal laws, rules, and regulations, to include: CRA; ECOA; FCRA; MLA; SCRA; Regulation DD; Regulation E; Regulation Z; and UDAP/UDAAP

• General understanding of federal supervisory guidance, including but not limited to: letters, bulletins, manuals, handbooks, proposals, and statements from the Federal Reserve, OCC, and CFPB

• Experience developing and maintaining compliance programs and procedures

• Proven experience in motivating teams, along with the ability to build strong rapport and establish trust and credibility through a consultative approach

• Robust planning, organizational, and analytical/problem solving skills

• A strong ability to assess internal and external auditing and monitoring for trends and coordinate mitigation activities

• Previous experience developing executive briefs and presenting to internal and external partners, including recommendations for improvement and corrective action plans

• Extra credit for experience in the fintech and/or the remittance industry

What We’re Offering in Return

• Freedom: We trust you to do your thing and do it well.

• Professional Development: We work with you to grow your skills and push you forward.

• Entrepreneurship: We embrace new ideas and people who have the drive to see them through. If you are a doer, look no further!

• Benefits: Medical, dental, vision, disability insurance, 401k with a match, flexible spending accounts, and paid vacation.

• Random: Lunch, snacks, Ping-Pong table, company events (happy hours, CEO lunches, outings to United Games etc.)

Brightwell is an equal opportunity employer (EOE) committed to employing a diverse workforce and sustaining an inclusive culture.

Job Type: Full-time

Pay: $78,257.40 - $170,919.45 per year

Benefits:

• 401(k)
• 401(k) matching
• Dental insurance
• Employee assistance program
• Flexible schedule
• Flexible spending account
• Health insurance
• Health savings account
• Life insurance
• Paid time off
• Parental leave
• Professional development assistance
• Referral program
• Retirement plan
• Vision insurance

Schedule:

• Monday to Friday

Ability to commute/relocate:

• Atlanta, GA 30327: Reliably commute or planning to relocate before starting work (Required)

Experience:

• consumer compliance: 3 years (Required)

Work Location: Hybrid remote in Atlanta, GA 30327

Salary : $78,257 - $170,919