Head of Compliance

Company: Array
Location: Saint Paul
Posted on: October 6, 2021

Job Description:

We are looking for a  proven Compliance professional to oversee our company-wide Compliance program.  Working closely with our General Counsel, you will ensure that Array adheres to all relevant federal, state, and local laws, rules, and regulations.  Further, you will ensure Array’s compliance program meets leading guidance and industry best  practices. Our clients are the top FinTechs, Financial Institutions, and Credit Unions in the industry; your goal will be to ensure Array’s compliance program consistently exceeds their high expectations.. If this sounds like your next move, please join us in our mission of democratizing consumer credit.

Responsibilities:

• Manage Array’s Compliance programs end-to-end, including the oversight of policies and programs related to corporate enterprise risk, compliance management, financial crimes, and information security.
• Be a figurehead for the company - both internally and externally - educating the company on our responsibilities, and assuring clients and vendors of our capabilities.
• Enhance and improve Array’s Compliance program and platform for scalable growth.
• Build out and develop a high-performing Compliance team at Array while executing against key company goals.
• Maintain knowledge of applicable laws and regulations, keeping abreast of recent changes, and ensuring these changes are incorporated into relevant products.
• Conduct annual, company-wide risk assessments to identify the Company’s highest risks and mitigating factors across products and information security.
• Provide guidance to executives and employees on compliance programs, policies, procedures, and requirements.
• Maintain records and report on the status and effectiveness of Array’s compliance program to senior management, relevant business partners, and other key stakeholders.
• Work closely with DevSecOps and IT leads to coordinate compliance efforts and standardize review and enforcement procedures.
• Work closely with Product Management to understand the regulations applicable to our consumer credit and financial products, and ensure that the products meet relevant compliance.
• Work closely with General Counsel to advise on regulations, risk, and the steps necessary for the company to remain compliant.
• Create and maintain dashboards, where appropriate, to communicate the current status for activities within Information Risk, Financial Risk, Governance, Regulatory Compliance, and Business Continuity.

Job Requirements:

• 10+ years of compliance experience in Consumer Finance or Credit space.
• 5+ years of working successfully in cross-functional or matrixed organizations.
• Bachelor’s or Master’s degree. 
• Practical application of key laws, regulations, guidance, and industry-standard practices (including but not limited to UDAAP, GLBA, BSA/AML, RegZ/TILA, FCRA, InfoSecurity Frameworks ISO 1799-2005, PCI-DSS, GDPR/CCPA) in a rapidly evolving business enviroment
• Communicates confidently and concisely with corporate leadership, enterprise-wide personnel, clients, and other external stakeholders.
• Maintains composure in fast-paced, challenging environments
• Strong knowledge of information technology, control evaluation, and risk management methodologies.
• Able to effectively link strategic objectives of the company to internal controls and convey risk related topics and opinions to the executives of the company.

Nice to have:

• Direct experience at a name-brand Financial, Regulatory, or Credit Reporting Agency
• Juris Doctor 
• Certifications such as CIPP, AML/CFT, ACAMS, FCRA, 

Keywords: Array, St. Paul , Head of Compliance, Other , Saint Paul, Minnesota