Product Compliance Manager - Banking, Cash App
- Full-time
- Alternate Location: New York, United States
Company Description
Job Description
The Cash App product compliance team is looking for a Banking Product Compliance Manager to support the creativity of our banking products, by providing subject-matter expertise in industry best practices and the global regulatory landscape. You will utilize your knowledge of banking regulations (Wires/Swift, direct demand accounts, Reg E, Reg D, Reg CC, NACHA, Prepaid Cards and access rule, travel rule, etc), AML compliance and Sanction laws to establish regulatory go-to market strategies and global expansion planning for multiple banking product offerings. This person will also project manage and facilitate the product launch process with multiple compliance operational teams and establish applicable compliance metrics for the Payments products. You will report to the head of Product Compliance and will play a pivotal role in helping build compliant world class digital products and features.
You will:
Support expansion of new banking product and feature launches
Establish and communicate product and compliance requirements that scale with product framework of our infrastructure, processes, policies, and timelines to partner teams
Participate in the review and negotiation of partner contracts to ensure consistency with existing processes or highlight changes needed to integrate for future growth plans
Determine compliance requirements for domestic and international markets
Advise Invest product team on Compliance operational process and regulatory requirements across multiple markets
Design go-to market strategies that comply with applicable regulatory obligations for all banking products and strategies
Determine key data and operational requirements of new product initiatives, by partnering with compliance operations, risk management, legal and customer success teams
Design and draft all relevant program documentation, content, and processes
Remain up-to-date on regulatory landscape and changes, best practices and industry developments
Identify applicable metrics, KPIs and KRIs for the leadership review
Participate in annual risk assessments and audits
Additional Information
Perks
At Square, we want you to be well and thrive. Our global benefits package includes:
- Healthcare coverage
- Retirement Plans
- Employee Stock Purchase Program
- Wellness perks
- Paid parental leave
- Paid time off
- Learning and Development resources
Square, Inc. (NYSE: SQ) builds tools to empower businesses and individuals to participate in the economy. Sellers use Square to reach buyers online and in person, manage their business, and access financing. Individuals use Cash App to spend, send, store, and invest money. And TIDAL is a global music and entertainment platform that expands Square's purpose of economic empowerment to artists. Square, Inc. has offices in the United States, Canada, Japan, Australia, Ireland, Spain, Norway, and the UK.