Head of Compliance at Rain

Job Description

Our Ethos

Key Responsibilities

• Building out a world class compliance program including team building, tooling, design, and structure to align with a rapidly growing payments program.
• Work to develop our global expansion strategy with a focus on creating a flexible and effective compliance organization.
• Design, implement, and maintain a comprehensive compliance program that aligns with regulatory requirements and industry standards.
• Conduct regular assessments to identify compliance risks associated with card programs and digital asset offerings.
• Oversee the licensing process for state and international operations, ensuring adherence to all applicable regulations.
• Create and update compliance policies related to Anti-Money Laundering (AML), Know Your Customer (KYC), data protection, and other relevant regulations.
• Develop training programs to enhance compliance awareness among employees and promote a culture of compliance throughout the organization.
• Establish monitoring systems to track compliance performance and prepare reports for senior management and the board.
• Develops, initiates, maintains, and revises policies and procedures to comply with regulatory requirements.
• Manages the day-to-day operation of the Compliance Management Program.
• Ensures proper reporting of all aspects of the Compliance Management Program to various stakeholders.
• Identifies potential areas of compliance vulnerability and risk; develops and implements correction actions plans.

Job Requirements

• Bachelor's degree in finance, law, business administration, or a related field; advanced degree or professional certifications (e.g., CAMS, CCO) preferred.
• Minimum of 10 years of experience in compliance within the fintech sector, with specific expertise in card programs, payments and/or digital assets.
• Strong understanding of state and international financial regulations, including those governing AML, KYC, and consumer protection laws.
• Proven ability to lead compliance initiatives and influence stakeholders at all levels of the organization.
• Strong analytical skills to assess complex regulatory requirements and develop effective compliance strategies.
• Experience in building out a compliance team and program for a hyper growth company.

Benefits

• Top-tier coverage: We cover 95% of Medical, Dental, and Vision premiums.
• 401(k) with matching: Invest in your future, just like we're investing in ours.
• Ownership that matters: Every team member gets equity because we believe in building together.
• Work your way: Flexible hybrid setup with a office for NYC-based teammates.
• Unlimited PTO: Because time to rest and reset is just as important as time to ship.
• Product-first perks: Monthly budget to test our cards and features like a real user.
• Wellness support: Monthly stipend to spend on fitness, therapy, or whatever keeps you thriving.
• Home office setup: One-time stipend to create a space that works for you.
• Team connection: Frequent company events, team dinners, and offsites to stay connected.

Compensation