Hybrid Director, Compliance presso Brex

Compliance at Brex

The Compliance team helps the company grow responsibly, advocating for Brex and for the tens of thousands of growing businesses we serve. We own the compliance policies for Brex, provide strategic advice and guidance to all Brex teams, protect Brex from financial crime and regulatory compliance risks, and represent the company externally on key regulatory and policy issues. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you’ll do

As a Compliance Director at Brex, you will play a critical role in leading a team to ensure compliance with regulatory requirements and internal policies regarding the regulatory compliance program. The Compliance Program Director will manage the team responsible for developing, implementing, and managing key areas of the company’s compliance risk management program, including risk assessments, issue management, policy governance, training, vendor risk management, regulatory testing/QA, and committee governance. The ideal candidate will have a strong background in compliance and risk management within the fintech industry, with an ability to oversee various key functions that are crucial for maintaining a sound compliance framework. The role will report directly to Brex’s Global Chief Compliance Officer. 

Where you’ll work 

This role will be based in our San Francisco office. You must be willing to work in office at least 2 days per week on Wednesday and Thursday. Employees will be able to work remotely for up to 4 weeks per year.

Responsibilities

• Lead and oversee the execution of comprehensive risk assessments across the organization, including coordination with business leaders to ensure that risk assessment results are understood and that mitigating strategies are developed
• Establish and manage a system for identifying, tracking, and resolving compliance-related issues, covering all aspects of the issue management lifecycle (e.g. issue identification, corrective action, control enhancement, tracking)
• Oversee the development, implementation, and regular review of compliance policies and procedures and ensure that policies are updated regularly to reflect changes in regulations and industry best practices
• Monitor and enforce adherence to established policies across departments
• Oversee the development and delivery of training programs to ensure that employees understand compliance requirements and best practices
• Collaborate with procurement, legal, and other teams to assess and manage compliance risks associated with vendor relationships
• Oversee compliance committee governance and metrics reporting, ensuring agendas, minutes, and action items are properly documented and tracked
• Monitor and interpret changes in laws, regulations, and industry standards to ensure the company’s compliance programs are aligned
• Manage efforts to prepare for audits, regulatory examinations, and inspections, ensuring that appropriate documentation and processes are in place
• Oversee compliance activities related to the company’s banking partners, ensuring that all banking relationships comply with applicable regulatory requirements, such as those imposed by the OCC, FDIC, and other regulatory agencies
• Design, implement, and manage a right-sized compliance QA/testing program to ensure that the company’s operations and activities adhere to regulatory standards and internal policies

Requirements

• 10+ years of experience in compliance management, with a focus on banking, financial services and/or fintech
• Strong understanding of financial regulations (Regulation B, UDAP, FTC rules, AML, KYC, Dodd-Frank, etc.) and their application
• Proven experience in developing and managing compliance programs and risk assessments
• 3+ years of leading a high-performing team
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with bank partners, external auditors, and internal teams.
• Detail-oriented with strong organizational and project management abilities
• Proficiency in compliance management and audit software is a plus
• Cultural sensitivity
• An eye for detail
• A hands-on approach, concise and straightforward style
• A love for collaboration, teamwork, and delivering excellence

Compensation

The expected salary range for this role is $243,360 - $304,200. However, the starting base pay will depend on several factors, including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.