VP Global Compliance Officer
Leading Financial Services MSB
Miami, Florida
We are representing a high growth Financial Services – Money Service Business that is beating their competition and has been exceeding Wall Street analyst estimates the past seven quarters. They are successful in part due to their senior management team and their specific regional focus. Their 3-year compounded revenue growth rate is 19% with EBITDA at 43% growth. Position reports to the Chief Operating Officer and the Board of Directors.
Why Join Us? What we offer:
• 27-year record of success
• Fastest growing MSB in the world
• The MSB industry is expected to grow from present of $700BB to $930 by 2026
• Superior executive management team with extensive industry experience
• Entrepreneurial environment that supports your autonomy, creativity, and imagination
Responsibilities of VP Global Compliance Officer:
• Manage relationships with regulators in the countries/jurisdictions where the Company operates
• Development and enhance the AML program across all jurisdictions
• Development/enhancement of the Compliance Framework and Annual Plan
• Promote Compliance and consult with various business units to ensure risks their understanding
• Report on all Compliance matters to the Board of Directors and the Audit and Finance Committee
• Review and analyze complex cases and suspicious activity
• Oversee compliance department activities including transaction monitoring, BSA/AML agent and employee training, transaction release procedures, and monitor enhanced due diligence and KYC programs
• Host Compliance Committee Meetings, prepare presentation in collaboration with the Director of Compliance
• Manage the direction of policy, procedure, and process updates and revisions as necessary to meet BSA, AML, and OFAC compliance requirements
• Manage compliance strategy of consumer/agent fraud controls at the point of sale
Requirements of VP Global Compliance Officer:
• Bachelor’s Degree
• Experience as Compliance Officer for a money transmitter, money service business, bank, financial institution, money order business, check processing business, or bill pay business
• Experience with Bank Secrecy Act (BSA), Anti-Money Laundering (AML), KYC, OFAC and Dodd-Frank EFTA Regulation E compliance programs
• Managerial experience required
• Language: English with Spanish a plus
Relocation Package:
• Client provides relocation
Application Process:
• Please send CV and compensation expectations to: maurice@conselium.com
