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Job DescriptionRisk & Compliance

VP of Compliance Job Description

By January 25, 2024February 8th, 2024No Comments4 min read

Are you seeking a dynamic FinTech VP of Compliance to revolutionize your organization’s digital landscape?

At Storm2, we specialize in connecting innovative FinTech companies with top-tier professionals. In this post, you’ll find a VP of Compliance job description and key responsibilities for the role.

VP of Compliance responsibilities include …

  • Developing and implementing comprehensive compliance programs to ensure adherence to applicable laws, regulations, and industry standards.
  • Providing strategic guidance and leadership on compliance matters to senior management and the board of directors.
  • Monitoring regulatory developments and changes in the legal and compliance landscape to ensure the organization remains compliant with relevant requirements.
  • Conducting risk assessments and implementing measures to mitigate compliance and operational risks.
  • Overseeing compliance training and awareness programs to educate employees on compliance policies and procedures.
  • Managing relationships with regulatory authorities and external auditors, and overseeing regulatory examinations and audits.
  • Investigating and responding to compliance incidents, allegations, and inquiries, and implementing corrective actions as necessary.
  • Collaborating with cross-functional teams, including legal, finance, and operations, to ensure alignment of compliance efforts with business objectives.
  • Providing regular reporting and updates on compliance activities, issues, and trends to senior management and the board of directors.
  • Acting as a champion for a culture of compliance and ethical conduct throughout the organization.

Looking to hire a VP of Compliance

Try this VP of Compliance job description ⚡

 

VP of Compliance

Department: Risk & Compliance

Location: Remote

As a Vice President of Compliance, you will be a key leader in ensuring regulatory adherence and risk management within our leading FinTech company. Operating at the forefront of compliance leadership, you will develop and execute comprehensive compliance programs to mitigate risks and ensure adherence to applicable laws and regulations. This remote position offers a unique opportunity to shape the future of compliance operations, contributing to our mission of transforming the financial industry.

Reporting Structure: You will report to the Chief Compliance Officer

VP of Compliance Job Scope and Responsibilities

  • Developing and implementing comprehensive compliance programs.
  • Providing strategic guidance and leadership on compliance matters.
  • Monitoring regulatory developments and changes.
  • Conducting risk assessments and implementing mitigation measures.
  • Overseeing compliance training and awareness programs.
  • Managing relationships with regulatory authorities and external auditors.
  • Investigating and responding to compliance incidents.
  • Collaborating with cross-functional teams.
  • Providing regular reporting and updates on compliance activities.
  • Acting as a champion for a culture of compliance and ethical conduct.

Preferred Qualifications:

  • Bachelor’s degree in business administration, law, or a related field; JD or advanced degree is a plus.
  • Proven experience in compliance leadership roles within the FinTech industry or related field.
  • Strong leadership and management skills.
  • Excellent knowledge of relevant laws, regulations, and industry standards.
  • Strong analytical skills.
  • Experience managing regulatory relationships and audits.
  • Ability to communicate complex compliance issues clearly and effectively.
  • Strong organizational skills.
  • Ability to thrive in a fast-paced, dynamic environment.

Benefits:

  • Competitive salary and performance-based bonuses.
  • Remote work opportunity, collaborating with global teams.
  • Opportunities for professional development and career advancement.
  • Comprehensive health and wellness benefits.
  • Engaging company culture with a focus on innovation and collaboration.

About Us:

We are a leading FinTech company at the forefront of reshaping financial services. Our commitment to compliance excellence and innovation drives us to create solutions that transform the industry. Join us as a Vice President of Compliance to lead and contribute significantly to our mission.

Apply/Contact Us:

Send your CV or get in touch by emailing hiring@fintechcompany.com. Take the lead in shaping the future of FinTech with us!

 

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