Head of Compliance
Bankstore is looking for a Head of Compliance to build and lead our compliance function as we scale our banking and financial products. This is a hands-on leadership role for someone who has operated inside fintech or banking-as-a-service environments and understands both the regulatory landscape and the pace of a growing company. You will own our compliance strategy end to end: from regulatory relationships and licensing to policy design, monitoring, and team building.
Department: Compliance & Risk
Reports to: Chief Executive Officer / Chief Risk Officer
Location: Remote
Employment Type: Full-time
Key Responsibilities
Design, implement, and lead Bankstore's enterprise compliance program, covering BSA/AML, KYC/CIP, OFAC and sanctions screening, consumer protection, and applicable state and federal banking regulations.
Serve as the primary point of contact for regulators, sponsor banks, and banking-as-a-service partners; manage regulatory exams, audits, and inquiries.
Own the BSA/AML program, including transaction monitoring, SAR/CTR filing oversight, and independent testing.
Monitor the evolving regulatory environment for fintech and banking products, and translate changes into actionable policy and process updates.
Partner with Product and Engineering to build compliance into new features and products from the design stage (compliance-by-design).
Develop, maintain, and train staff on compliance policies, procedures, and controls.
Manage licensing requirements (e.g., money transmitter licenses) and ensure ongoing adherence across all operating jurisdictions.
Build, mentor, and scale the compliance team as the company grows.
Report on compliance risk posture, key risk indicators, and exam readiness to executive leadership and the board.
Oversee vendor and third-party risk management related to compliance obligations.
Qualifications
7+ years of compliance experience, including 5+ years in a compliance leadership role within fintech, a neobank, or a banking-as-a-service / sponsor bank environment.
Deep working knowledge of BSA/AML, OFAC, UDAAP, Reg E, Reg Z, GLBA, EFTA, and state money transmission laws.
Direct experience managing relationships with sponsor banks and navigating the bank-partnership model.
Track record of leading regulatory exams and building a compliance function from the ground up or scaling an existing one.
Strong people-leadership skills with experience hiring and managing a compliance team.
Excellent written and verbal communication skills, including experience presenting to boards and regulators.
Bachelor's degree required; JD, CAMS, CRCM, or equivalent certification preferred.