TL;DR

Director, Regulatory Compliance (Fintech): Responsible for designing, implementing, and overseeing the company's consumer compliance program with an accent on consumer financial lending laws and regulations. Focus on providing clear and actionable guidance to product development, marketing, engineering, and operations teams in support of a compliance by design approach.

Location: Remote, USA. U.S. Eastern or Central time zones preferred for collaboration with our global hubs.

Salary: $155,000 - $175,000 a year

Company

Trustly is a global leader in Open Banking Payments, establishing Pay by Bank as the new standard at checkout.

What you will do

  • Advise the product and engineering teams on US licensing requirements, bank partnership options, consumer regulatory requirements, artificial intelligence standards and regulations and internal policies.
  • Provide clear and actionable guidance to product development, marketing, engineering and operations teams in support of a “compliance by design” approach.
  • Develop, implement and enhance Trustly’s regulatory compliance program to include policies, procedures, risk assessments, internal controls and training.
  • Support development of governance frameworks for BaaS partnerships including compliance responsibilities and oversight structures, program compliance requirements and controls and monitoring and reporting expectations.
  • Support the product team through the New Business Initiatives Review process, including ensuring all risk assessments are completed and mitigation action plans addressed.
  • Provide regular reports, insights and communication to management on the status of the compliance program.

Requirements

  • 8+ years experience in regulatory compliance within the financial services industry; experience with fintechs and consumer financial products is highly desirable.
  • Strong subject matter expertise in FCRA, TILA (Reg Z), ECOA, UDAAP, state licensing and consumer privacy laws and Reg E; JD preferred.
  • Experience with compliance management systems and risk assessment methodologies.
  • Experience supporting BaaS and/or other types of fintech partnerships.
  • Strong analytical, problem solving and critical thinking skills.
  • Excellent written and oral communication skills with the ability to clearly explain regulatory requirements.

Culture & Benefits

  • Flexible paid time off & generous PTO accrual plans.
  • Comprehensive medical, dental, vision, and other insurances.
  • FSA & HSA plans for medical and dependent care.
  • Home office set-up allowance and Internet stipend.
  • Retirement plan match for 401k.
  • Gender-neutral paid parental leave.