Head of Compliance - Animo Ventures

As our Head of Compliance, you'll be responsible for ensuring Comun stays on the right side of regulations while promoting a culture of integrity. You'll lead the way in developing and implementing our compliance strategy, covering everything from our checking accounts and debit cards to international remittances and credit cards. Keeping up with regulatory changes, you'll craft clear policies and controls to manage risks effectively.

Building strong relationships with banking partners and overseeing audits will be key parts of your role. You'll collaborate closely with senior management and teams across the company to embed compliance into our day-to-day operations and product development. By championing ethical behavior and accountability, you'll help us maintain our reputation as a trusted player in the fintech industry committed to doing things right.

What you’ll do:

1. Develop, implement, and maintain a comprehensive compliance program to ensure adherence to applicable laws, regulations, and industry standards.
2. Monitor regulatory developments and changes in the legal and compliance landscape to ensure the organization remains compliant with relevant requirements.
3. Conduct risk assessments and implement measures to mitigate compliance and operational risks.
4. Provide regular reporting and updates on compliance activities, issues, and trends to senior management and adjust company procedures as necessary including KYC, transaction monitoring, and other key areas.
5. Oversee compliance training and awareness programs to educate employees on compliance policies and procedures.
6. Build and nurture relationships with regulated financial partners, regulatory authorities, and external auditors, and oversee regulatory examinations and audits.
7. Investigate and respond to compliance incidents, allegations, and inquiries, and implement corrective actions as necessary.
8. Collaborate with cross-functional teams, including legal, finance, and operations, to ensure alignment of compliance efforts with business objectives.
9. Lead our efforts to obtain and maintain compliance certifications required by partners as we build deeper into our financial stack.

You are:

1. Experienced compliance leader: We're looking for someone with 7-10 years of experience in compliance roles within the financial services industry, preferably in the fintech or banking sectors.
2. Builder persona: You are excited by the prospect of building the function from the ground up and are not afraid to roll up your sleeves when necessary. You have a proven track record in a leadership capacity within compliance, demonstrating strategic oversight and operational management.
3. Deep knowledge: You have an in-depth understanding of financial regulations and compliance requirements applicable to fintech companies offering banking products, including, but not limited to, BSA/AML.
4. Relationship builder: You enjoy building relationships with banking partners, maintaining regular communication, responding promptly to inquiries, and proactively engaging in discussions about regulatory changes or concerns.
5. Ownership mindset: You understand the company's business needs and optimize our compliance strategy to satisfy all regulatory requirements while helping the company innovate to achieve its objectives.
6. Based in New York: (or willing to relocate): you're able to work with us in person at our awesome office in Flatiron, Manhattan.

Requirements:

1. 7+ years of experience in compliance leadership roles within the fintech or banking industry.
2. Bachelor’s degree in business administration, law, or a related field; JD or advanced degree is a plus.
3. Experience managing regulatory relationships and audits.
4. Ability to thrive in a fast-paced, dynamic environment and adapt to changing regulatory requirements.
5. Fluency in Spanish and English (spoken and written).
6. An interest in serving an underserved community.

About Comun

At Comun we're building financial services to help Hispanic immigrants turn their hard work into upwards mobility. Since launching our own bank infra last November we've 40x'd revenue and crossed $1B in annual payments volume. We currently offer banking and remittances solutions, and will launch more products this year. We believe immigrants are the ultimate entrepreneurs, carrying a relentless work ethic in search of a better future for their families. Comun exists to serve them throughout their journey.

Team

We are a team of 20 based out of New York, coming from industry-leading companies like Brex, Nubank, Cruise, and Verkada. Over half of us are immigrants, and have experienced the problems we’re solving first hand. We value customer focus, high ambition, principled decision-making, and deep trust.

This is an in-person role for our office in Flatiron.

Benefits:

1. Competitive salary and generous equity.
2. Medical, dental, and vision insurance.
3. 401(k).
4. Gym Pass subscription.
5. Daily office lunch.
6. Paid parental leave.
7. Unlimited PTO.
8. Remote-friendly when traveling.
9. Bi-annual company-wide destination offsites.

Comun is proud to be an equal opportunity employer. We are committed to building a diverse and inclusive culture that celebrates authenticity. We do not discriminate on the basis of race, religion, color, national origin, gender, gender identity, sexual orientation, age, marital status, disability, protected veteran status, or any other legally protected characteristics.