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Full-Time

Principal Regulatory Manager

Confirmed live in the last 24 hours

ID.me

ID.me

501-1,000 employees

Digital identity verification for secure access

Data & Analytics
Government & Public Sector
Consumer Software
Cybersecurity
AI & Machine Learning
Financial Services
Aerospace

Compensation Overview

$179k - $212.1kAnnually

+ Bonus + Equity + Incentives

Senior, Expert

Remote in USA

Category
Risk & Compliance
Legal & Compliance
Required Skills
Sales
Marketing
Requirements
  • Minimum 6 years experience with a JD Degree or other applicable post graduate degree from an accredited school, or bachelor degree with equivalent experience
  • Strong knowledge of regulatory compliance processes and program development, specifically in framework and control development, documentation, and testing
  • Experience in conducting compliance assessments, reviews, and audits across business functions
  • Sharp analytical skills, diligent, proactive, and collaborative, and have demonstrated excellent legal and business judgment and strategic thinking
  • Comfortable in dynamic, fast-paced environments, with an entrepreneurial spirit and willingness to roll up your sleeves and do the work
  • Interest in the unique regulatory considerations in the identity space, including as they relate to the use of artificial intelligence and machine learning in product- and operations-related processes
Responsibilities
  • Partner with a range of cross-functional teams, including legal, security, marketing, product, HR, business development, sales, finance, and operations, to identify and provide advice and guidance concerning regulatory matters impacting products, business and customers
  • Develop mechanisms for evaluating compliance with regulatory obligations, and identify opportunities for leveraging common controls across regimes.
  • Work creatively and collaboratively with the product and business teams to provide business-oriented advice and support at every step of the product life cycle, from design and development to customer support, marketing and advertising activities, and to counsel the product and business teams on applicable laws and regulations relating to regulatory applicability and compliance
  • Develop and strengthen regulatory compliance programs, including identification of relevant frameworks and building out of additional compliance infrastructure for new regimes and jurisdictions, practices, and procedures
  • Assisting in advising on potential product use cases in industries or jurisdictions affected by regulation (e.g., healthcare, financial services, telecommunications, etc)
  • Engage with regulators and external partners by providing thought leadership and strategic direction on novel regulatory issues that impact ID.me
  • Review proposed rulemakings, draft letters in response to proposed rulemakings and monitor evolving laws that may impact products and services, and assist with operationalizing and implementing compliant solutions.
  • Draft and maintain consumer-facing policies, documents and related materials, including terms and conditions, product policies and disclosures, and implement related processes
  • Support the development and maintenance of regulatory compliance resources, training, playbooks and materials
  • Assist Legal and GRC team members in other projects as needed

ID.me provides a platform for digital identity verification, allowing individuals to prove and share their identity online. Users create a verified digital identity that can be used to access various services and discounts from partner companies. This process helps businesses ensure that only eligible individuals receive specific offers, which reduces fraud and enhances security. ID.me primarily serves military personnel, first responders, students, teachers, nurses, medical professionals, and government employees, making it particularly valuable in sectors like e-commerce, healthcare, government services, and education. Unlike its competitors, ID.me focuses on building trust between businesses and customers by offering a streamlined verification process that complies with regulatory requirements. The company's goal is to simplify identity verification while providing secure access to services and discounts for its users.

Company Stage

Series D

Total Funding

$413M

Headquarters

McLean, Virginia

Founded

2010

Growth & Insights
Headcount

6 month growth

5%

1 year growth

13%

2 year growth

0%
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Simplify's Take

What believers are saying

  • Reaching 50 million verified users demonstrates ID.me's significant market penetration and trust among consumers.
  • Partnerships with major brands like 7-Eleven and Chipotle highlight the company's ability to secure high-profile collaborations.
  • The company's role in reducing fraud and enhancing security in critical sectors like healthcare and government services positions it for sustained growth.

What critics are saying

  • The rise in sophisticated identity scams, driven by generative AI, poses a significant threat to ID.me's security measures.
  • Dependence on partnerships for revenue means that any loss of major partners could impact financial stability.

What makes ID.me unique

  • ID.me focuses on a wide range of sectors including military, healthcare, and government, unlike competitors who may specialize in fewer areas.
  • Their platform offers a reusable, portable credential that simplifies access to multiple services, reducing user friction and enhancing security.
  • ID.me's adherence to NIST Identity Assurance Level 2 standards provides a high level of trust and compliance, distinguishing it from less rigorous competitors.