Empowering consumers with interest-free payment solutions
Sezzle, headquartered in Downtown West, Minneapolis, MN, is a leading Buy Now, Pay Later (BNPL) platform that empowers consumers with interest-free payment solutions. With over 1 million active users and partnerships with major retailers, Sezzle has raised $116.7 million in funding to enhance its se...
Sezzle offers a comprehensive benefits package, including a robust 401k plan with an impressive employer match, RSUs, and generous paid time off. Empl...
Sezzle's culture is centered around financial empowerment and innovation in the BNPL space. As a remote-first company, it fosters flexibility and incl...
Sezzle • United States, Remote
Sezzle is seeking a Chief Compliance Officer to establish and lead the compliance framework for Sezzle Bank ILC. You'll manage risk and compliance functions, ensuring adherence to regulatory standards. This role requires a strong background in BSA and AML programs.
You have extensive experience in compliance and risk management within the financial services sector, particularly in regulated environments. Your background includes a deep understanding of the Bank Secrecy Act (BSA) and Anti-Money Laundering (AML) regulations, which you have successfully overseen in previous roles. You are adept at designing and operationalizing compliance frameworks that align with both regulatory expectations and organizational goals. Your leadership skills enable you to build and mentor teams, fostering a culture of compliance and risk awareness throughout the organization.
You possess strong analytical skills and are comfortable interpreting complex regulations and translating them into actionable policies and procedures. Your experience includes working closely with executive leadership and board committees to ensure that compliance strategies are effectively communicated and implemented. You are proactive in identifying potential compliance risks and developing strategies to mitigate them, ensuring the organization remains ahead of regulatory changes.
You are a strategic thinker who can balance compliance requirements with business objectives, understanding that effective compliance is integral to sustainable growth. You have a proven track record of collaborating with various stakeholders, including legal, operational, and technology teams, to ensure comprehensive risk management practices are in place. Your communication skills are exceptional, allowing you to convey compliance concepts clearly to both technical and non-technical audiences.
Experience in a leadership role within a financial institution, particularly in a startup or de novo environment, is highly desirable. Familiarity with the regulatory landscape affecting Industrial Loan Companies (ILCs) will set you apart. You are passionate about ethical financial practices and have a commitment to fostering a culture of integrity and transparency within your organization.
As the Chief Compliance Officer at Sezzle Bank ILC, you will be responsible for establishing and maintaining an enterprise-wide risk management and compliance framework. You will lead the development of compliance policies and procedures that align with regulatory requirements and the strategic goals of the bank. Your role will involve overseeing all aspects of risk management, including credit, market, liquidity, operational, compliance, legal, and technology risks.
You will work closely with the Chief Executive Officer and the Board Risk and Compliance Committee to ensure that compliance strategies are effectively integrated into the bank's operations. Your responsibilities will include conducting regular risk assessments, monitoring compliance with applicable laws and regulations, and implementing corrective actions as necessary. You will also be tasked with developing training programs to educate staff on compliance issues and promote a culture of compliance throughout the organization.
In addition, you will be responsible for managing relationships with regulatory agencies and ensuring that the bank is prepared for audits and examinations. You will stay informed about changes in regulations and industry best practices, adapting the bank's compliance framework accordingly. Your leadership will be crucial in building a strong compliance team that is equipped to handle the complexities of the financial services industry.
Sezzle Bank ILC offers a competitive compensation package, including a base salary, performance bonus, and equity incentive. You will have the opportunity to shape the compliance culture of a new financial institution and make a significant impact on its success. We provide a supportive environment that values innovation and ethical practices, and we encourage you to apply even if your experience doesn't match every requirement. Join us in our mission to provide responsible financial services that empower consumers.
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