Chief Compliance Officer

About the position

Credit Sesame is a leading financial wellness platform dedicated to helping consumers achieve better financial health through cutting-edge technology and data-driven solutions. With a decade of credit expertise and a proven track record of serving over 18 million users, Credit Sesame leverages AI and advanced analytics to empower individuals to improve their credit scores, enhance approval odds, and reduce credit costs. Our recently launched Sesame Platform extends our mission by providing financial institutions with a turnkey AI-powered credit intelligence solution. We’re seeking a Chief Compliance Officer to own all aspects of regulatory compliance. This role provides company-wide leadership, standards, support, and independent oversight to ensure that the organization is compliant with applicable laws, regulations, and company policy. This individual will provide appropriate analysis, reporting, and escalation to Executive management and the Board, set minimum standards for Credit Sesame, and provide guidance for compliance and operational risk management activities across the company. You’ll be the subject matter expert and “go to” compliance leader in multiple functional areas with cutting edge industry expertise.

Responsibilities

• Partner with Product, Marketing, Engineering, Legal, and other teams to innovate in ways that benefit consumers and enhance compliance.
• Serve as subject matter expert to lines of business to determine compliance requirements in product development and marketing and address existing and emerging compliance risks.
• Promote a culture of compliance across the organization.
• Create policies and trainings for the organization and staff to ensure compliance with applicable regulatory requirements and internal policies and procedures.
• Influence decision-making and push the company forward cross-functionally in compliance/regulatory areas of strategic importance.
• Translate company strategic goals into clearly defined processes and initiatives that support cross-functional objectives.
• Set the direction for and provide leadership to the organization, and propose and lead impactful initiatives.
• Manage the monitoring and testing of policies, procedures, and internal controls, conduct risk assessments, train staff to self-identify control breaks, and monitor the implementation of corrective actions and escalate when appropriate.
• Provide support to the organization in regulatory exams and third-party audits.

Requirements

• Extensive experience in compliance and risk management (8+ years).
• Strong people management experience and demonstrated ability to build out processes.
• Ability to effectively communicate with C-level executives on business concepts and strategy.
• Expert in consumer protection laws including GLBA, UDAAP, FCRA, Reg. E, Reg. Z, BSA/AML, and state privacy laws.
• Demonstrated knowledge of regulatory risks, processes and controls.
• Strong knowledge of control frameworks and the ability to design and evaluate the effectiveness of controls embedded within business processes.
• Strong project management, critical thinking and analytical skills.
• Excellent verbal and written communication skills with the ability to present complex and sensitive issues to senior management and the executive team in a clear and persuasive manner.
• Proactive, take the initiative, and can work independently with little to no supervision.
• Experience with regulators (experience with federal regulators preferred).

Benefits

• Equity in a pre-IPO company backed by top VCs.
• Comprehensive medical, dental, and vision insurance.
• Monthly home office stipend.
• Professional development stipend to support continued growth.
• Flexible paid time off.
• 10 paid holidays and additional 6 Sesame Wellness days.
• Culture that emphasizes total wellness, including work-life harmony.