We are looking for a Chief Compliance Officer who can perform the below duties: • Develop and maintain the compliance portion of our relationships with regulators, banks, and partners. We deal with highly regulated industries and you must act as our subject matter expert on compliance to ensure all parties’ needs are addressed. • Lead and continuously improve our client and vendor due diligence program for the US, México, and LATAM • Lead and/or oversee key projects and initiatives related to BSA/AML compliance, financial crime, state, and federal money transmitter regulations, and bank regulation. • Work with other stakeholders to develop and enhance our products and services and maintain our compliance with applicable anti-money laundering and similar laws and regulations. • Responsible for the company’s sound internal compliance structure and development of compliance policies and procedures, including annual compliance training for all staff, maintaining an above-average awareness of changes in the regulatory environment and informing the board and senior management of relevant developments such as public enforcement actions, state and federal advisories, and other relevant guidance. • Collaborate with the information security and legal teams on a variety of risk initiatives. • Represent the company with clients, banking partners and also at events and conferences. • Conduct annual compliance audits in the US, Mexico and LATAM. • Conduct client, vendor, partner, processor audits including non-US based • Implement US visa procedures and requirements for employees who need visa sponsorship to work in the US. • Ensure Arcus has updated PCI compliance licenses, updated exceptions of money transmitter licenses in each US state and apply to state licenses where necessary, including international licenses and domestic licenses in Mexico and LATAM. • Lead the renewal of cyber liability - Insurance for cyber data protection.
Additional requirements (other than skills)⌗
Bonus Points: • Knowledge of the regulation of Comisión Nacional Bancaria y de Valores ( CNBV ) • Knowledge of the regulation of Secretaria de hacienda y crédito público ( SHCP) • Fintech law • Law of protection of personal data • Money laundering • How to make an Assessment risk • Experience in companies of money transfers and banking industries • Knowledgeable on the payments industry
English - fully-fluent About the organization(s)⌗
• Arcus is a dynamic young company redefining how people manage their finances. We provide rich financial data that allows financial institutions to make smart business decisions regarding their customer’s financial behavior. By tracking over a dozen data points, companies can gain insights into their customer’s data usage patterns, payment history, due dates, and much more. End users benefit from the simplicity and ease of linking multiple bills to one simple dashboard, allowing them to get a better handle on their financial picture. • Arcus is backed by several famous investors, including YCombinator (S 13), the Winklevoss twins, Andreessen Horowitz, Alexis Ohanian, Brad Feld, Tucker Max and Mitch Kapor. • As part of our team, you will play an instrumental role in planning the architecture, implementing services, and driving technology strategy as we scale out our solution. You’ll also be able to work on key products that help make people’s financial lives a little easier in the process. Are you ready for the challenge?
Additional Responsibilities: • Update Data Privacy p/p with GDPR compliance for clients whose corporate headquarters are located in Europe. • Create end to end process to conduct due diligence on clients at time of onboarding, working closely with sponsor bank to set regulatory requirements, policies, document verification, etc • Own relationship with sponsor bank. Benefits: • Join a fast-growing Fintech company, with real opportunities for international career development • Highly competitive compensation structure • Flexible work schedule • Professional development stipend • Unlimited snacks (organic, health bars, an assortment of nuts, beers & drinks ) • Vacation time • Remote/flex work schedule • Professional development stipend • Enjoy a cool multicultural team in Mexico City & NY • Complimentary travel to our annual offsite