Bettermoney

Head of Compliance

3mo ago
150000 –225000 USD / yearUSAHeadRemote
Bettermoney

Head of Compliance

3mo ago
150000 –225000 USD / yearUSAHeadRemotebsaamlkycofaccompliancemoney transmitter license

Lead and scale the compliance program for a stablecoin clearinghouse focusing on BSA/AML, KYC, and sanctions frameworks.

About the company

  • We believe stablecoins are better money and will be the backbone of better payments. We see key structural problems hindering stablecoin adoption, and we’re going to fix them – starting with building a clearinghouse. We’re a small, scrappy team based in NYC, we’ve raised $10M from a16z Crypto and other excellent partners, and we’re going to bring better money to the world.

Conditions

  • We're playing the long-game. We think you should too. This means investing in our employees. We offer comprehensive (and growing) benefits, including:
  • Competitive salary and equity
  • Comprehensive insurance (medical/dental/vision)
  • Unlimited vacation: Take time when you need it
  • Periodic off-sites

Other

  • The next wave of stablecoin adoption is payments. We’re building a stablecoin clearinghouse to make stablecoins move like money, not a trading asset. We’re building for the long-term, and that means focusing on compliance from day one. Help us come build out and scale our program.
  • Build and manage our compliance program, including BSA/AML, KYC, and sanctions screening frameworks
  • Lead money transmitter license (MTL) applications at the state level
  • Develop, maintain, and operationalize compliance policies, procedures, and controls
  • Hire and build out the compliance team over time
  • The dishes.
  • You’ve been the head of compliance or CCO of a licensed money transmitter or bank.
  • You’ve led preparation and filing of MTL applications across multiple states.
  • Strong working knowledge of BSA/AML, KYC/KYB, OFAC, and state money transmission regulations.
  • Familiarity with stablecoin, crypto, or digital asset regulatory landscape is a plus.
  • You are creative and a problem solver. You approach problems with solutions.
  • Be offended by the status quo - a payment taking 3 days and costing 3% is offensive. Every day that people interact with legacy financial infrastructure costs humanity time and money. Bring the future forward with righteous indignation.
  • Be all over it - operate with extreme urgency and accountability. Know the numbers, meet the right people, answer every email, go the extra mile. Ask yourself: can it be done today?
  • We sell trust - trust is easy to lose. Security and integrity are our foundation. Use every interaction and every product as an opportunity to build trust. This is non-negotiable.
  • Do the dishes - we are all owners. Put ego aside and get shit done.
  • Be the glue - pick each other up and make each other better. Be direct, be helpful, and assume positive intent. Win as a team.
  • We enjoy the crucible! We are on a mission to change money. It takes a lot of optimism to attack such an ambitious goal. Our opportunity is a privilege and we don’t forget that. Especially when the journey is hard.
  • If these values speak to you, come talk to us!
  • The Better Money Company is an equal opportunity employer. We are looking for the best!