Chief Compliance Officer, Cash App Investing

This is a fully remote position, open to applicants in California.

📋 Description

• Direct the compliance initiative for Cash App Investing, which includes the development of policies, procedures, controls, monitoring, testing, reporting, and governance.

• Sustain and improve the written supervisory procedures, supervisory controls, escalation protocols, and compliance operational processes.

• Provide guidance to Product, Engineering, Operations, Marketing, Legal, and business leaders regarding investing product creation, customer communication, and regulated activities.

• Supervise compliance responsibilities for broker-dealer operations, encompassing communication reviews, complaint management, regulatory submissions, record-keeping, employee oversight, product assessments, and issue resolution.

• Lead or assist with regulatory examinations, inquiries from FINRA, SEC, and state entities, responses, remediation strategies, and engagement with regulators.

• Collaborate with Financial Crimes Compliance on Anti-Money Laundering (AML), monitoring for suspicious activities, investigations, fraud management, identity theft, and related regulatory requirements.

• Manage compliance aspects concerning third-party and outsourced operations, including relationships with clearing brokers and vendors.

• Create reports for senior leadership, governance committees, and the Board regarding risks, issues, examinations, remediation efforts, and program advancement.

• Build and guide a compliance team with designated responsibilities, reliable coverage, and accountability.

⛳️ Requirements

• Over 10 years of compliance experience, including substantial expertise in broker-dealer, securities, fintech, financial services, or similarly regulated industries.

• Extensive knowledge of FINRA and SEC regulations relevant to retail broker-dealers and digital investment platforms.

• Proven experience in a senior compliance role, such as chief compliance officer, deputy CCO, or a similar leadership position in compliance.

• Familiarity with managing regulatory examinations, inquiries, remediation plans, and communications with regulators.

• Solid understanding of supervisory controls, written supervisory procedures, communication reviews, complaint handling, record-keeping, regulatory submissions, and product compliance.

• Experience in advising product, engineering, operations, legal, and business teams on regulated financial offerings.

• Excellent judgment, communication abilities, and the capacity to make risk-informed decisions in dynamic and ambiguous situations.

• Proven track record of leading, mentoring, and developing compliance professionals.

• FINRA principal registration, such as Series 24, or the capability to acquire necessary registrations promptly.

• Possession of Series 7, Series 14, Series 63/65/66, or other pertinent securities licenses.

• Experience with mobile-first investment products, integrated financial services, oversight of clearing brokers, or fintech broker-dealer frameworks.

• Experience in supporting governance at the Board level and reporting for regulated entities.

🏝️ Benefits

• Remote work options available.

• Medical insurance coverage.

• Flexible time-off policies.

• Retirement savings plans.

• Modern family planning support.

• Reasonable accommodations provided throughout the recruitment process.