Simplify Logo

Full-Time

Senior Compliance Officer

Posted on 7/3/2024

Faire

Faire

1,001-5,000 employees

Online wholesale marketplace for independent retailers

Data & Analytics
Consulting
AI & Machine Learning
Real Estate
Consumer Goods

Compensation Overview

$256.5k - $352.5kAnnually

+ Equity

Senior, Expert

San Francisco, CA, USA

Category
Risk & Compliance
Legal & Compliance
Required Skills
Communications
Requirements
  • 8+ years experience in a compliance role in a related industry or in financial services, with at least 3 years in a leadership position
  • Extensive knowledge of the regulatory environment in the fintech industry, particularly consumer lending, mortgage, banking, insurance, payments, broker-dealer and investment advisory, privacy, and cybersecurity
  • Relevant ABA or ISACA certification preferred
  • Proven experience in building compliance programs and managing compliance teams
  • Excellent communication and analytical skills, as well as an impeccable attention to detail and strong sense of ownership and accountability
  • Ability to distill complexity and to identify and clearly communicate practical, risk-based solutions
  • Strong leadership qualities and a team-oriented mindset
  • Demonstrated ability to work cross-functionally and collaboratively with internal stakeholders
Responsibilities
  • Act as the primary expert and advisor on all Faire compliance matters, managing external regulatory engagements, legal contracts, and third-party vendor compliance
  • Monitor compliance with laws, regulations, company policies, and contracts
  • Perform compliance program testing to assess adherence to the compliance management system and maintain compliance calendar
  • Stay informed of emerging regulatory changes, trends, and best practices; assess potential impacts on the company to maintain a robust compliance program that aligns with relevant industry standards and regulatory requirements
  • Conduct risk assessments to identify potential areas of compliance vulnerability and risk; develop and implement corrective action plans for resolution of problematic issues
  • Provide regular reports on compliance activities to senior management, regulators, and Faire’s Board of Directors
  • Manage and grow the compliance team, providing guidance and leadership
  • Manage partnerships with banks or other financial institutions
  • Ensure KYC, BSA/AML and sanctions compliance
  • Perform or assist in internal audits, or assist with external audits from business partners or regulators
  • Develop compliance training programs and oversee the training of employees in compliance topics, policies, and procedures
  • Assist in development, implementation and maintenance of sound internal controls
  • Provide guidance to Faire’s trust and safety and marketplace safety teams
  • Serve as the subject matter expert on privacy-related laws, including the GDPR and the CCPA, and assist in the continued improvement of Faire's global privacy program

Faire provides an online wholesale marketplace that empowers independent retailers with technology-driven solutions, including data analysis and machine learning. These tools enhance product discovery and sales efficiency, enabling retailers to compete more effectively on a global scale. By prioritizing technological advancement and data-driven strategies, this company fosters a culture of innovation and continuous improvement, which makes it a stimulating workplace for those passionate about leveraging technology to solve real-world business challenges.

Company Stage

Series G

Total Funding

$1.7B

Headquarters

San Francisco, California

Founded

2017

Growth & Insights
Headcount

6 month growth

0%

1 year growth

-3%

2 year growth

6%

Benefits

Time off

Parental leave

Daily mindfulness

Annual learning grant

Thoughtfully designed spaces

Fitness & wellbeing benefits

Mental health benefits

Charitable matching

Career planning