Job Description:
We are seeking an experienced and highly motivated Chief Compliance Officer
(CCO) to join our team. As the CCO, your primary responsibility will be to
ensure our company operates in full compliance with all applicable laws,
regulations, and industry standards. You will play a critical role in
overseeing and implementing compliance programs, policies, and procedures to
ensure adherence to regulatory requirements, with a particular focus on the
SEC, FDIC, OCC, and the Federal Reserve.
Responsibilities:
* Develop and maintain a robust compliance framework, policies, and procedures to ensure adherence to relevant laws, regulations, and industry standards.
* Monitor and interpret changes in regulatory requirements and communicate implications to senior management and relevant stakeholders.
* Conduct regular compliance audits and risk assessments to identify areas of non-compliance and implement corrective actions.
* Collaborate with cross-functional teams to ensure compliance requirements are integrated into business processes, products, and services.
* Provide guidance and training to employees on compliance matters and promote a culture of compliance throughout the organization.
* Establish and maintain effective relationships with regulatory bodies, acting as the primary point of contact for compliance-related inquiries and examinations.
* Stay abreast of emerging compliance trends, best practices, and industry developments to enhance the company's compliance program.
* Conduct internal investigations and reporting of potential compliance violations and implement appropriate remediation measures.
* Monitor and assess the effectiveness of internal controls and develop strategies to mitigate compliance risks.
Qualifications:
* Bachelor's degree in Law, Business, Finance, or a related field. A Juris Doctor (JD) degree is highly preferred.
* Proven experience as a compliance officer, preferably in the financial services industry, with a deep understanding of SEC, FDIC, OCC, and Federal Reserve regulations.
* Strong knowledge of compliance principles, laws, and regulations relevant to banking and financial services.
* Exceptional analytical and problem-solving skills, with the ability to interpret complex regulations and apply them to practical business situations.
* Excellent communication and interpersonal skills, with the ability to collaborate effectively with cross-functional teams and interact with regulatory authorities.
* Detail-oriented with strong organizational and project management skills.
* Ability to work independently, handle multiple priorities, and meet deadlines in a fast-paced and dynamic environment.
* Strong ethical standards and a commitment to maintaining the highest levels of integrity and professionalism.
* Deep understanding of Decentralized Finance laws and regulations in the US
* Deep understanding of Banking laws and regulations in the US
Join our team and contribute to our mission of operating a compliant and
trusted financial institution. As the Chief Compliance Officer, you will have
the opportunity to shape and strengthen our compliance framework, ensuring
that we maintain the highest standards of regulatory compliance and foster a
culture of integrity and accountability.
To apply, please submit your resume and a cover letter outlining your relevant
experience and qualifications.
Bank of AI is an equal opportunity employer committed to diversity and
inclusion.
Note: Bank of AI is not a bank, we are a technology company.
BANK OF AI focuses on Fin Tech. Their company has offices in Los Angeles and
Bali. They have a small team that's between 1-10 employees.
You can view their website at <https://bankof.ai> or find them on
[LinkedIn](https://www.linkedin.com/company/bankofai).
