Toast logo
Toast

We empower the restaurant community to delight guests, do what they love, and thrive.

Director of Fintech Compliance

ComplianceComplianceFull TimeRemoteLeadTeam 1,001-5,000Since 2013H1B SponsorCompany SiteLinkedIn

Location

United States

Posted

22 hours ago

Salary

$171K - $274K / year

Seniority

Lead

Bachelor Degree15 yrs expEnglish

Job Description

• Compliance leader managing compliance team supporting Fintech products. • Oversee the development and maintenance of product-specific compliance management programs within Toast's Fintech Line of Business. • Direct the Fintech Compliance team on establishing best-in-class compliance management systems, mitigation of key compliance risks related to in-scope products, and the remediation of process and control gaps. • Serve as a compliance thought partner to Fintech business stakeholders in the design and implementation of products/product enhancements. Guide Fintech Compliance team in product reviews to ensure regulatory compliance requirements are met. • Serve as compliance sponsor on compliance committees. Escalate key compliance risks and issues to Chief Compliance Officer and governing bodies, such as the Enterprise Risk and Compliance Committee. • Review results from compliance testing programs to identify themes or trends in findings and gaps, and mature and enhance Fintech compliance program and/or framework to address them. • Ensure product specific regulatory changes are monitored and assessed, and communicated to business partners in a timely manner. • Oversee partner relationships and ensure obligations are met, including, but not limited to timely and accurate reporting and successful completion of partner reviews and required testing. Serve as an escalation point for concerns and issues raised by key partner contacts. • Maintain state money transmitter licenses and compliance with associated requirements.

Job Requirements

  • Bachelor’s Degree required and CRCM preferred
  • Strong knowledge of financial laws and regulations, including: CFPB regulations (most specifically Reg B, Reg E, Reg P, and Reg Z); federal and state consumer protection laws (most specifically UDA(A)P, CAN-SPAM, and TCPA); other laws and industry best practices related to commercial and consumer credit, prepaid debit cards, and electronic funds transactions; money transmitter laws, and card association and payment network rules.
  • Direct experience leading compliance programs for financial products and services, specifically payment processing, money transmission, and banking products which may include: commercial and consumer credit, purchase financing, deposit accounts, debit, credit, and stored-value cards, bill pay services, and earned wage access.
  • Typically requires 15+ years of related experience with a Bachelor’s degree, and 10+ years of experience in a compliance, risk, or audit role at a financial institution providing commercial and/or consumer non-investment banking products (Fintech or payments industry preferred).
  • Experience maintaining fintech-oriented frameworks, bank partnerships and third party vendors programs.
  • Familiarity with operational processes and regulations related to banking products.

Benefits

  • Competitive compensation and benefits programs
  • Flexibility to meet Toasters’ changing needs

Related Categories

Related Job Pages

More Compliance Jobs

Centivo logo

Claims Compliance Manager

Centivo

A new kind of healthcare company committed to restoring affordability for American workers and their employers

Compliance22 hours ago
Full TimeRemoteTeam 201-500Since 2017H1B Sponsor

Compliance Manager overseeing health care claims compliance responsibilities

United States
$115K - $125K / year
Highmark Health logo

Clinical Compliance Coordinator

Highmark Health

Creating remarkable health experiences, freeing people to be their best.

Compliance22 hours ago
Full TimeRemoteTeam 10,001+Since 1852H1B Sponsor

Clinical Compliance Coordinator ensuring adherence to accreditation standards for Highmark Health

United States
$67.5K - $126K / year
Full TimeRemoteTeam 1,001-5,000

The Coding Compliance Auditor performs internal medical record audits, prepares compliance auditing reports, and develops subsequent educational materials and training focused on coding and documentation for cardiovascular specialties.

United States
Compliance22 hours ago
Full TimeRemoteTeam 201-500Since 2013H1B Sponsor

The analyst will conduct compliance risk assessments for products and operations, serving as a compliance partner to translate regulatory expectations into practical controls during feature design and launch. They will also help modernize compliance operations by introducing automation, analytics, and AI-enabled approaches for monitoring and quality assurance.

UDAAPReg ZRisk AssessmentControl ValidationCompliance Management System
United States
$80K - $90K / year