Posted about 2 years ago

Nav is democratizing small business financing. In other words, we give small business owners access and control. Yes, this challenges the norm, but it means working with curious, purpose driven, dedicated, and inquisitively smart people who push themselves, our company and the community to the next level (and every level after that). We are the people behind the tech. And when it’s good, we look for better. We don’t over think the value we bring nor spend time trying to revamp mantras. We also do not come up with some crafty way to tell you who we are and what we offer. We are Nav! Here, you’ll gain a wealth of experience, learn the tricks of the trade, and work with winners. All companies say people are connected to their mission but in our case our mission and our people are one – it is a way of being not just a cause you are committed to. And since 2013, Nav has holistically and organically developed its own ideology because Nav can only be Nav.

Compliance Officer -  Remote Within The US or In Office (CA, PA, UT)

Nav is seeking an experienced compliance professional with 10 or more years of experience in the financial industry to join the Legal, Risk and Compliance Department at Nav. You will have the unique opportunity to support a company on the cutting edge of SMB banking technology and work on diverse projects that will arise as we continue to scale. We are looking for a confident, professional, detail oriented and proactive attorney to jump into a lean and nimble team. You are dynamic in your craft, flexible and nimble in thought with the mindset of thinking outside the box.  Additionally, you will need the ability to work collaboratively, as well as autonomously.

What you will be empowered with:

• Designing, implementing, and maintaining of the company’s compliance program, considering the intersections of financial institution partners, Nav’s operational needs and applicable banking regulations.
• Acting as the first point of contact with regulatory authorities and law enforcement agencies.
• Reviewing applicable federal and state legislation and conducting gap analyses to ensure the business remains compliant with obligations.
• Assisting with obtaining and maintaining relevant licenses, including business, lender and broker licenses.
• Advising on compliance services, features, requirements and work with development and product teams to build out compliance processes (both automated and manual).
• Providing expertise and guidance on compliance and risk control for the Company’s business, as well as identifying the compliance risks of existing business models, products, marketing activities etc.
• Leading the compliance function through audits, examinations, and other procedures required by financial and business partners, applicable regulatory frameworks. Assessing risk and implementing appropriate action plans.
• Liaising with partnering financial institutions in the US to understand their respective risk control requirements, and demonstrate the Company’s overall capabilities in risk management.
• Leading compliance assessments and risk control solutions for new business launches and new and ongoing business operations.

What you bring to the table:

• Bachelor’s degree required.
• 10+ years of experience as a compliance risk professional at MSBs, financial institutions, banks, fintech companies, financial regulatory agencies, or professional services firms serving financial institution clients. Strong preference for individuals who have developed these programs from the ground up.
• Certified Anti-Money Laundering Specialist (CAMS) and/or Certified Regulatory Compliance Manager (CRCM) strongly preferred.
• Broad experience in and understanding of payments, gateway, e-money or wallet products and services, banking functions, MSBs, and/or merchant processing; broad experience understanding systems, including how to oversee systems that are outsourced to affiliates or third parties.
• Familiarity with tools or software used in BSA, AML, and Sanctions compliance.
• Familiarity with regulatory requirements applicable to MSBs/MTL institutions.
• Experience leading large projects and holding all participating parties accountable for deliverables.
• Ability to influence others and build consensus where possible.
• Experience hiring, managing, and leading a high-performing team.
• Willingness to take and stand by an unpopular conclusion, when necessary.
• Strong analytical, research and problem-solving skills.
• Ability to organize work, prioritize tasks and handle multiple assignments simultaneously.
• Proven ability to work and deliver with minimal supervision and/or remote management.

Inclusion at Nav:

At Nav, we celebrate what makes our employees unique because the businesses we serve are progressively diverse and distinctly original. Navericks are diverse, side hustlers, immigrants, veterans, queer, and we push generational boundaries. We are college dropouts, PhDs, special needs parents, allies, pet owners and community leaders. Navericks are human. We are committed to upholding a safe, supportive environment where everyone matters. We are committed to making a better future for all of us. We have created a workplace where people of all backgrounds can express their identities authentically. To put it simply, we want you to be proud to be you.

 Our Compensation Philosophy is simple but powerful:

We believe great, enduring relationships are grounded in trust and transparency. Compensation shouldn’t be a distraction, and employees should understand how pay and career advancement decisions are made. Providing equal pay for equal work is table stakes for being a great place to work. Gender and ethnic inequity should only be something that our children read about in history books. We believe providing Navsters with company ownership, competitive pay, and a range of meaningful benefits is the start of creating a culture where people want to give the best they’ve got — not because they’re simply making money, but because they’ve fallen in love with our vision, mission, values, and team.

 Our impact on you:

Competitive Pay. Company Ownership. Unlimited Vacation. Benefits Day One. 6 Weeks Paid Parental Leave. Work From Anywhere (yes we were distributed before it was cool). Flexible Work Arrangements. Free Telehealth and Telemental Health For All Employees. Employee Networking and Events. Community Network Groups (women’s, PRIDE, culture). Meaningful Perks and Rewards. Learning and Development Opportunities. Pet Insurance. 

 A Naverick’s DNA: 

• We look at the future and say “why not”; we see possibilities where others see problems or routines. We show the way ahead and are committed to achieving ambitious goals.
• We practice straight talk and listen generously to each other with empathy. We value different opinions and point of views. We ensure that we connect outside as well as inside to learn from others and inspire each other.
• We hold ourselves accountable for delivering results. We choose to not to be a victim of circumstance. We make decisions & take responsibility so that we can act & support each other, rather than adopting defensive, and “finger pointing” behaviors.
• As leaders we motivate & engage our teams to undertake beyond what they originally thought possible, by developing our teams & creating the conditions for people to grow and empower themselves through enabling & coaching.