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The Business Product Compliance and Partnerships team serves as strategic compliance advisors to Block business teams, partnering with them to define product launch requirements, identify corresponding controls, and provide ongoing compliance support throughout the product lifecycle. This involves support efforts such as ongoing risk assessments, audits/exams, documenting Policies, Standards, Procedures, and Regulatory Change Management. Product Compliance Managers (PCMs) are key decision makers on compliance controls and recommendations to Product teams. Additionally, PCMs work closely with partner banks to help build and maintain world-class compliance programs for affiliated products.
Job Responsibility:
Lead a team of PCMs to enable the business in meeting their strategic priorities, while effectively managing risks
Continue to define and build out Block's overall vision for Bitcoin Compliance, establishing strategic priorities, and executing against them
Partner closely with executives within the Business to understand their priorities and roadmap, advise on Compliance risks, and establish ongoing cadences to maintain excellent communication
Oversee the launch of new product development efforts, ensuring Block maintains adequate review and oversight prior to launch, while providing advisory support throughout the process
Analyze jurisdictional regulations and develop policies and procedures designed to meet applicable cryptocurrency, AML, money transmission, remittance or otherwise applicable regulatory requirements
Investigate and respond to compliance risk issues and regulatory inquiries, including preparing required documentation and making recommendations to senior management
Provide general support for responses to internal and external audits and examinations
Requirements:
10+ years of experience in financial services regulation
Executive experience building AML/CTF and sanctions compliance programs
6+ years of people management experience with a dedication to building diverse teams
Demonstrated interest in cryptocurrency, Bitcoin, blockchain technology or decentralized finance (DeFi)
Experience in a related Compliance program preferred
Experience working directly with regulatory and legislative bodies
Developed working relationships with diverse groups within an organization (legal, product, engineering, finance, people, and others) and with external partners and vendors
Desire to work in a fast paced, rapidly shifting environment
Experience with executive level communication
Capacity to meet deadlines while maintaining quality standards and ensuring effective time management
FinTech experience preferred but not required
Nice to have:
Experience in a related Compliance program preferred
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