Product Compliance Manager

Salary: $186K - $220K Employment Type: Full-Time Location Type: Remote (West Coast candidates preferred, with travel to Los Angeles expected)

Position Overview

Lightspark is building enterprise-ready infrastructure for open payments on the Internet at scale, utilizing the Lightning Network. We aim to create an always-on, low-cost, universal payment network that will revolutionize how money is moved globally.

As a Product Compliance Manager for Lightspark Payments, you will be instrumental in designing and implementing our compliance program for a new and evolving suite of products. Your initial focus will be on developing customer onboarding programs for both businesses and consumers. You will report to our Chief Compliance Officer (CCO) and work closely with our Product and Engineering teams to shape end-to-end flows and the customer onboarding experience. Collaboration with Legal and Risk & Compliance specialists will be key to translating compliance and risk requirements into formal documentation.

Responsibilities

• Own and manage the business and consumer KYC/CDD program design and build-out in collaboration with the Product Manager for Lightspark Payments.
• Translate regulatory, compliance, and risk requirements into business requirements and technical specifications for cross-functional stakeholders.
• Collaborate and coordinate effectively with a variety of cross-functional teams, including Product, Engineering, Legal, Design, and Business Development.
• Draft comprehensive compliance requirements, documents, and internal communications understandable by both technical and business audiences.
• Provide real-time subject matter expertise and guidance to Product, Engineering, and Design teams during the development and enhancement of new products and services to ensure ongoing regulatory compliance.
• Understand and articulate how compliance requirements intersect with the end-to-end funds flow.
• Contribute to group working sessions to design product and user interfaces with compliance requirements in mind.
• Identify potential risks (compliance, regulatory, financial, fraud, etc.) and propose solutions to cross-functional partners.

Requirements

• 10+ years of total experience, with at least 5 years in a compliance project/product management role.
• Essential Subject Matter Expertise in at least one of the following:
  • Domestic or cross-border payments
  • Blockchain or cryptocurrency
  • Stablecoin payment infrastructure
  • Customer identification for a regulated entity
• Understanding of the functional and technical design of blockchain, Bitcoin, and ideally, the Lightning Network.
• Prior experience with payment systems, US and international payment rails, and compliance obligations related to payments and customer onboarding.
• Prior experience integrating KYC vendors and configuring identity verification for consumers.
• Strong analytical and problem-solving skills, with the ability to translate complex requirements into actionable product documentation.
• Excellent communication and collaboration skills, with the ability to work effectively in cross-functional teams.
• Prior experience working in a start-up environment or building products/programs from scratch.
• Intense professional curiosity and a growth mindset.

Company Information

Lightspark is on a mission to build an open payment protocol for the Internet at scale. We are building the tools and services to make this happen, leveraging the Lightning Network for enterprise-ready infrastructure. Our goal is to transform how money is moved, enabling businesses and developers to build new financial systems and services accessible to everyone, everywhere. Lightspark is headquartered in Los Angeles, California, but serves the world.