Senior Associate, Regulatory Compliance

What you'll do

As Senior Associate, Regulatory Compliance, US you will deliver on the regulatory engagement strategy for Airwallex US and help drive our US State MTL licensing program. You will maintain our licensing responsibilities and coordinate with all internal and external parties as necessary to ensure compliance through the communication of regulatory requirements, cross-functional collaboration to productize solutions and offerings, implementation and execution of processes, filing of all requisite reports, renewal of registrations and licenses, end-to-end management of regulatory examinations, and interfacing with US regulators on ad-hoc inquiries. You will analyze new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations and guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features.

The role is based in San Francisco

Responsibilities

• Support the Airwallex Group's expansion by managing the regulatory compliance components of license authorization processes
• Act as a key stakeholder in relation to license applications, business plan updates, and information requests between Airwallex and our regulators
• Ensure that our regulatory compliance and integrity risk reporting obligations are maintained for all Airwallex Group entities in the US region
• Support and/or manage on-site exams and inspections (in collaboration with our LRC colleagues)
• Advise the business with respect to regulatory change initiatives with a particular focus on how to effectively manage compliance risk attached to new laws and regulations in the jurisdictions we operate
• Develop policies, processes and provide advice in relation to regulatory risk obligations that exist within the 1st line business
• Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
• Advise the business in relation to conduct risk and ethics matters (where appropriate) relating to our financial services licenses
• Deliver the Compliance Monitoring Program; Conduct targeted and thematic reviews on a wide range of topics to ensure appropriate organizational maturity
• Deliver the Airwallex Group's Compliance Training for employees and conduct ad-hoc training to specific business areas as required
• Conduct 'Proactive Special Ops' projects to unlock business or operational issues to enable Airwallex to achieve its strategic goals more rapidly

Who you are

We're looking for people who meet the minimum qualifications for this role. The preferred qualifications are great to have, but are not mandatory.

Minimum qualifications

• Bachelor's degree with a minimum of 4 years of regulatory compliance experience in a financial institution, FinTech, legal/consulting firm, or combination of the above
• Familiarity with financial regulatory laws, rules, regulations and industry best practices across US and the Americas region
• Data proficiency - ability to work with data and leverage it for strategic decision-making
• Ability to operate strategically and think creatively to solve complex regulatory compliance challenges
• Superior communication skills, with the ability to clearly explain complex topics to a wide range of stakeholders including regulators, executive leadership, and front-line staff
• Experience with developing and/or maintaining a compliance program within a financial institution, preferably in respect of payments activity
• Exposure to licensing processes, regulatory expansion, and RegTech or technology-driven compliance solutions
• Understanding of financial products and related conduct risk, ethics, and controls

Preferred Qualifications

• Experience dealing with US State MTL Regulatory Authorities
• Understanding of the NMLS online regulatory portal and associated systems

Applicant Safety Policy: Fraud and Third-Party RecruitersTo protect you from recruitment scams, please be aware that Airwallex will not ask for bank details, sensitive ID numbers (i.e. passport), or any form of payment during the application or interview process. All official communication will come from an @airwallex.com email address. Please apply only through careers.airwallex.com or our official LinkedIn page.

Airwallex does not accept unsolicited resumes from search firms/recruiters. Airwallex will not pay any fees to search firms/recruiters if a candidate is submitted by a search firm/recruiter unless an agreement has been entered into with respect to specific open position(s). Search firms/recruiters submitting resumes to Airwallex on an unsolicited basis shall be deemed to accept this condition, regardless of any other provision to the contrary.

Equal opportunityAirwallex is proud to be an equal opportunity employer. We value diversity and anyone seeking employment at Airwallex is considered based on merit, qualifications, competence and talent. We don’t regard color, religion, race, national origin, sexual orientation, ancestry, citizenship, sex, marital or family status, disability, gender, or any other legally protected status when making our hiring decisions. If you have a disability or special need that requires accommodation, please let us know.