[Remote] Regulatory & BSA Compliance Lead at Check

New York, New York, United States

Apply Now

Not SpecifiedCompensation

Senior (5 to 8 years), Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

FinTech, Payroll, Financial ServicesIndustries

Requirements

5+ years of experience in fintech, payments, banking, or regulatory compliance, with direct exposure to AML/BSA/OFAC and money-transmission licensing requirements
Hold an ACAMS, CRCM, or bring equivalent expertise in BSA/MTL compliance
Have implemented and scaled a cross-functional MTL compliance program
Have led state exams, partner-bank audits, or regulatory assessments from preparation through resolution and remediation
Comfortable owning both program strategy and execution, including drafting policies and preparing filings
Communicate clearly, navigate ambiguity with sound judgment, and influence across teams
Use technology to make compliance scalable and efficient
A builder at heart, comfortable rolling up your sleeves and driving outcomes independently

Responsibilities

Serve as Check’s BSA Compliance Officer, owning and updating the BSA/AML and sanctions program, including drafting policies and procedures, building controls for KYC, investigating suspicious activity, filing SARs, transaction monitoring, team training, and annual program reviews
Lead state money-transmission compliance, including licensing, renewals, reporting, and day-to-day regulator engagement
Serve as the central point of contact for regulatory audits and partner-bank reviews, and ensure company-wide audit readiness
Prepare and submit required regulatory filings, partnering with Finance, Legal, and outside counsel on documentation tied to MTL obligations
Maintain and evolve the Compliance Management System, ensuring policies and controls are accurate, accessible, and actionable
Use technology to streamline filings, reporting, monitoring, and internal workflows
Track and implement remediation items arising from audits, exams, or regulatory findings
Report key AML and MTL risks, trends, and program updates to executive leadership and the Board
Build strong, collaborative relationships with regulators, banking partners, and industry peers

Skills

Key technologies and capabilities for this role

BSA/AMLSanctions ComplianceKYCMoney Transmission ComplianceRegulatory AuditsCompliance PoliciesRisk ManagementFinancial Regulations

Questions & Answers

Common questions about this position

What does the Regulatory & BSA Compliance Lead role entail?

The role involves serving as Check’s BSA Compliance Officer, owning the BSA/AML and sanctions program, leading state money-transmission compliance, managing regulatory audits, preparing filings, maintaining the Compliance Management System, and reporting to leadership.

What is the salary or compensation for this position?

This information is not specified in the job description.

Is this role remote or does it require office work?

This information is not specified in the job description.

What is the company culture like at Check?

Check has a passionate team that uses creative problem-solving, critical thinking, and grit to fix payroll issues, ignores conventional role boundaries to leverage unique strengths, and focuses on redefining payroll with hands-on impact.

What makes a strong candidate for this role?

A strong candidate should be ready to mix strategy with hands-on execution in BSA/AML and money-transmission compliance, build relationships with regulators and partners, and use technology to streamline compliance workflows.

Check

Provides embedded payroll services for software platforms

About Check

CheckHQ offers embedded payroll services tailored for software platforms in the fintech sector. Their primary product is a payroll system that can be integrated into existing software, allowing businesses to create and manage their own payroll services. This integration helps platforms like Homebase and Housecall Pro enhance their offerings, leading to increased revenue and improved customer retention. Unlike traditional payroll providers, CheckHQ focuses on partnerships, supplying the necessary back-end technology while the partner platforms handle the customer-facing aspects. This approach enables quicker market entry and scalability, making it easier for platforms to add payroll services without significant upfront investment. The goal of CheckHQ is to empower software platforms to diversify their services and boost customer engagement through effective payroll solutions.

New York City, New YorkHeadquarters

2019Year Founded

$116.7MTotal Funding

SERIES_CCompany Stage

Enterprise Software, FintechIndustries

51-200Employees

Benefits

Home office stipend: $1k stipend for your home office setup, and $100 per month for internet and cell.

PTO & sick leave: Recharge and stay healthy with flexible PTO and sick leave.

Learning budget: Buy books, take classes, and attend conferences with a $2k per year learning budget.

Weekly pay: Every Friday is payday! Just one perk of being your own payroll provider.

Paid family leave: 16 weeks of paid leave for new parents and flexible return-to-work options.

Health benefits: High quality health, dental, and vision insurance coverage.

Risks

Increased competition from new entrants may lead to pricing pressures and reduced market share.

Managing payroll across 11,000 jurisdictions risks compliance errors and potential legal penalties.

Reliance on partner platforms means disruptions could directly impact Check's revenue streams.

Differentiation

Check pioneered embedded payroll, allowing platforms to create custom payroll services.

Check's API simplifies payroll across 11,000 U.S. jurisdictions, reducing administrative burdens.

Check partners with leading platforms like Homebase and Bambee, enhancing their payroll offerings.

Upsides

Partnership with Wave expands Check's reach to 300,000 small businesses across the U.S.

Fraud protection tools enhance Check's value proposition for small and medium-sized businesses.

Novo's integration of Check's API highlights the trend of embedded finance, boosting customer retention.

Land your dream remote job 3x faster with AI

Try Jobo Free