Head of Corporate Compliance

Who We Are

Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services. Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe. Cross River is backed by leading investors and serves the world’s most essential fintech and technology companies. Together with its partners, Cross River is reshaping global finance and financial inclusion.

We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services. While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker’s list of Best Places to Work in Fintech for the last 6 years. The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team. Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.

What We're Looking For

Responsibilities:

• Manage the Corporate Regulatory Reporting, Industry & State Reporting, providing support and feedback to team members in their handling of matters such as regulatory filings, regulatory data and statistical reporting, licensing, examinations, and related tasks reporting into the CCO.
• Coordinate and assist with the design and implementation to continuously upgrade the compliance framework, including policies, procedures, controls, monitoring and management reporting to prevent, detect and respond to potential violations of law, regulation, or company policy
• Work collaboratively with internal stakeholders in Internal Audit, Legal, Risk Management, and Product Development to develop and implement a compliance risk assessment and second-line compliance monitoring review process for the Company's US insurance operations
• Keep well informed of changes to statutes, regulations, industry trends, and lessons learned within the organization to ensure the Company's US insurance operations adhere to applicable legal requirements and industry best practice
• Assist with engagement of regulators, industry associations, statistical agents and bureaus, and other industry experts to formulate company positions on key regulatory and policy matters of import to the Company and become familiar with emerging trends that could impact the company
• Provide assistance and support to prepare the CCO to present to various boards, committees, senior management, and provide high-level analysis in support
• Experience interfacing with internal and external audit as well as third party monitors, in written responses and through direct interaction
• High appreciation of the risks associated with the Corporate Bank products, services, and respective payment flows, including regulatory framework
• You will need to be adept at evaluating technology practices for operational challenges in addition to cybersecurity related concerns and identify potential risks or evaluate existing risks globally
• You have working knowledge of financial accounting and regulatory reporting, as well as an understanding of the financial industry and products
• You will support the team leader of the governance function for regulatory reporting, which includes coordination of Regulatory Reporting Governance Committee, Interpretation Forum, and handling communication with outside of reporting production team

Qualifications:

• 10+ Years of experience with Consumer Compliance
• Experience with board presentations, interacting with senior management, and ability to convey key compliance and regulatory, and reputational, risks.
• Experience interacting with regulatory authorities, market conduct examinations, enforcement proceedings, etc.
• Excellent interpersonal, written and oral communications skills, attention to detail and time management skills.
• Excellent project management skills, well organized, with the ability to thrive in a fast-paced collaborative work environment and manage numerous projects simultaneously under deadline pressure.

#LI-JJ1 #LI-Hybrid #LI-Onsite

Salary Range: $240,000.00 - $270,000.00