[Remote] Head of Payments Compliance at Modern Treasury

San Francisco, California, United States

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$150,000 – $250,000Compensation

Mid-level (3 to 4 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Technology, FintechIndustries

Requirements

10+ years of experience in compliance, risk, or regulatory roles in financial services, banking, or fintech
Deep expertise in BSA/AML, OFAC, and money transmission frameworks
Experience managing compliance programs involving bank partnerships, FBO structures, or money movement through regulated entities
Familiarity with compliance considerations related to stablecoins or other digital asset payment flows preferred
Strong understanding of financial partner management and third-party oversight
Proven ability to scale compliance operations through automation and technology
Excellent judgment, communication, and cross-functional collaboration skills
CAMS, CRCM, or equivalent certification preferred

Responsibilities

Lead the design and implementation of Modern Treasury’s compliance framework across AML/BSA, sanctions, fraud, and consumer protection
Serve as the designated BSA Officer, responsible for AML compliance, suspicious activity reporting, and program governance
Oversee compliance with bank partner agreements, including due diligence, audit coordination, reporting, and ongoing oversight
Develop scalable processes and systems to support potential future licensing regimes (e.g., MTLs, trust charters) while maintaining compliance through existing FBO and bank partnership structures
Advise the VP, Legal and executive team on compliance risks, regulatory trends, and program performance
Serve as the primary compliance point of contact for bank partners, auditors, and regulators (FinCEN, OFAC, state agencies)
Conduct and oversee enterprise risk assessments, control testing, and remediation
Ensure program readiness for participation in payments systems (FedNow, RTP, ACH) and emerging asset types such as stablecoins or tokenized deposits
Partner with Legal and Business Development to structure and maintain compliant bank relationships
Embed compliance requirements into customer onboarding, payment processing, and ledger operations
Collaborate with engineering to enhance transaction monitoring, sanctions screening, and case management tools
Evaluate and implement compliance technology solutions for KYC, data analytics, and transaction monitoring
Work with Product and Partnerships to align compliance practices with product design and risk tolerance

Skills

AML/BSA

Sanctions

Fraud

Consumer Compliance

Risk Management

Regulatory Compliance

Compliance Systems

Process Development

Modern Treasury

Payment operations software for enterprises

About Modern Treasury

Modern Treasury specializes in payment operations software designed to enhance the movement of money for large enterprises across various industries such as real estate, healthcare, insurance, education, and financial services. Their software streamlines payment processes by enabling faster transactions, automatic reconciliation of records, and providing real-time financial data, all supported by artificial intelligence. This allows businesses to manage their financial operations more effectively and securely. Unlike many competitors, Modern Treasury focuses on serving large clients with significant transaction volumes, offering a subscription-based software as a service (SaaS) model that ensures continuous access to updates and features. The company's goal is to modernize payment operations and improve the efficiency and security of financial transactions.

San Francisco, CaliforniaHeadquarters

2018Year Founded

$178.1MTotal Funding

SERIES_CCompany Stage

Fintech, AI & Machine LearningIndustries

51-200Employees

Benefits

Inclusive healthcare package

Unlimited PTO

Paid parental leave

$1k stipend to setup a home office

$500 yearly book stipend

Charitable donation matching

401k

Risks

Increased competition from fintech companies could erode Modern Treasury's market share.

Rapid adoption of instant payment systems may pressure Modern Treasury to innovate continuously.

AI-driven solutions expose the company to risks of biases and errors in financial data.

Differentiation

Modern Treasury automates the full cycle of money movement for large enterprises.

The company offers AI-driven reconciliation to enhance financial workflows and cash visibility.

Modern Treasury provides professional services for tailored payment infrastructure integration.

Upsides

Expansion of instant payments support with six top banks enhances customer experience.

Professional Services offering creates a new revenue stream and strengthens customer relationships.

Inclusion in the 2024 Fintech Innovation 50 list boosts its recognition and appeal.

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