Full-Time

Chief Compliance Officer and Head of Regulatory

Updated on 11/19/2024

CLEAR

CLEAR

1,001-5,000 employees

Biometric identity verification for security access

Consumer Software
Cybersecurity

Compensation Overview

$300k - $330kAnnually

+ Bonus + Commission + Restricted Stock Units

Expert

New York, NY, USA

Hybrid work environment provides flexibility.

Category
Risk & Compliance
Legal & Compliance
Requirements
  • 15+ years of experience in regulatory law and compliance at a law firm or in-house
  • Juris Doctor required
  • Strong communication and interpersonal skills with demonstrated ability to facilitate collaborative solutions
  • Business communication and analytical skills, as well as a strong sense of ownership and accountability
Responsibilities
  • Oversee an effective compliance program per DOJ and SEC guidance, including, e.g., internal investigations and reporting; anti-bribery and anti-corruption program controls and training; and other aspects of doing business with integrity and in accordance with evolving laws and regulations
  • Provide practical legal guidance to the business on regulatory matters locally, nationally and internationally as a subject matter expert on existing and evolving regulatory frameworks, including the ongoing monitoring and tracking of trends, enforcement, and public policy
  • Design and implement effective compliance and regulatory strategies, policies, and procedures to drive company results while meeting legal requirements and customer expectations across all relevant sectors
  • Work closely with Security, Internal Audit and the People team as well as the business to conduct risk assessments, develop and improve the control environment, and build and maintain customer trust
  • Lead CLEAR’s Regulatory and Compliance teams while managing and creating strong relationships internally and externally

CLEAR provides a subscription-based service that speeds up the identity verification process at security checkpoints, primarily targeting frequent travelers, sports fans, and event-goers. By using biometric technology, such as fingerprints and iris scans, CLEAR allows members to access dedicated lanes at airports, stadiums, and other venues, significantly reducing wait times. Unlike traditional ID checks, CLEAR's touchless system enhances convenience and efficiency. The company differentiates itself from competitors through its partnerships with major airlines, enabling members to integrate their airline status for quicker access. CLEAR's goal is to streamline the security experience while ensuring the protection of personal data, as evidenced by its SAFETY Act Certification from the Department of Homeland Security.

Company Stage

IPO

Total Funding

$131.3M

Headquarters

New York City, New York

Founded

2010

Simplify Jobs

Simplify's Take

What believers are saying

  • The expansion of TSA PreCheck enrollment locations increases CLEAR's market reach and convenience for frequent travelers.
  • Partnerships with healthcare systems like Wellstar demonstrate CLEAR's potential to diversify its applications beyond travel and events.
  • The company's strong financial performance and shareholder returns, including share repurchases and dividends, indicate robust financial health and investor confidence.

What critics are saying

  • The reliance on subscription fees means that economic downturns or reduced travel could significantly impact revenue.
  • Expansion into new markets, such as healthcare, may face regulatory hurdles and slower adoption rates.

What makes CLEAR unique

  • CLEAR leverages biometric technology to offer a touchless ID verification process, setting it apart from traditional ID checks.
  • The company's SAFETY Act Certification by the Department of Homeland Security underscores its commitment to data security, a critical differentiator in the identity verification market.
  • CLEAR's strategic partnerships with major airlines and healthcare systems enhance its service offerings, providing a seamless and integrated experience for users.

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Benefits

Food and beverage

Unlimited PTO

Comprehensive benefits

Continued education

CLEAR membership

Diversity and Inclusion counsel

Sprint demos and hackathons

Innovation guild

On-site gym