Senior Associate, Regulatory Compliance

About the role

The Senior Associate, Regulatory Compliance, US role is a newly created position within the Global Regulatory Compliance Team at Airwallex. Based in San Francisco, this role is a key member of the team and will focus on regulatory engagement strategies for Airwallex US and the US State Multi-State Licensing (MSL) program.

Responsibilities

• Support Airwallex Group's expansion by managing 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 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
• Analyze new and existing products and provide guidance to ensure that our 2LOD controls are fit for purpose and comply with regulatory obligations
• Guide the first line business to enable the maturity of both customer-facing and internal back-office processes and product features
• Manage regulatory compliance risk within the Airwallex Risk Management Framework and associated escalation process (inc. the Group Risk Committee)
• Advisory 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

Requirements

• 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
• 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
• Understanding of financial products and related conduct risk, ethics, and controls

Qualifications

• Bachelor's degree
• Minimum of 4 years of regulatory compliance experience
• Familiarity with financial regulatory laws and industry best practices
• Data proficiency
• Strategic thinking and creative problem-solving skills
• Excellent communication and interpersonal skills
• Experience with regulatory compliance and risk management
• Understanding of financial products and conduct risk, ethics, and controls