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Block

Block builds simple, powerful tools that make progress towards an economy that’s truly open to all.

Regulatory Manager, Money Transmission, Virtual Currency

ComplianceComplianceFull TimeRemoteSeniorTeam 10,001+Since 1990H1B SponsorCompany SiteLinkedIn

Location

California

Posted

34 days ago

Salary

$135.2K - $202.8K / year

Seniority

Senior

Bachelor Degree5 yrs expEnglish

Job Description

• Manage a licensing program that fulfills our legal and regulatory responsibilities, while endeavoring to minimize business and product impact • Partner cross-functionally with compliance, legal, finance, business, and product teams to interpret, communicate, and operationalize licensing and regulatory requirements • Manage the day-to-day obligations of our licenses including notifying regulators of product updates, submitting materials for director and officer changes and managing our bond program, among others • Complete regulatory reporting requirements by gathering data from various team members, harmonizing data and ensuring that all reports are accurately submitted on time • Co-manage the examination process from the First Day Letter through collaborating cross-functionally on remediation of any findings • Maintain relationships with business partners and state and federal regulators and respond to regulatory requests in a timely and regulatorily-compliant manner • Retain all regulatory records, submissions and communications associated money transmission program • Manage assigned work with a team-oriented approach

Job Requirements

  • 5+ years experience in legal, compliance, or regulatory affairs in the money transmission, money services and/or virtual currency industry
  • Must have experience with NMLS.
  • BA/BS degree or paralegal experience is a plus
  • Experience with licensing maintenance and management, including reporting and new license applications; examination experience a plus
  • Familiarity with money transmission and/or virtual currency regulations, BSA/AML, FINRA and SEC broker-dealer requirements and industry best practices
  • Experience interpreting and explaining legal and regulatory obligations across multiple disciplines and levels
  • Strong organization and process management skills with high attention to detail and comfort working in a strict deadline-driven environment.

Benefits

  • Remote work
  • Medical insurance
  • Flexible time off
  • Retirement savings plans
  • Modern family planning programs

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