Sezzle

VP of Compliance

United States

Not SpecifiedCompensation
Expert & Leadership (9+ years)Experience Level
Full TimeJob Type
UnknownVisa
Fintech, RetailIndustries

Requirements

Candidates should possess a Bachelor's or Master's degree in Law, Business Administration, or a related field, with a JD or advanced degree being a plus. A minimum of 10 years of experience in a compliance leadership role within the fintech, banking, or financial services industry is required. The ideal candidate must demonstrate the ability to develop and lead compliance programs, manage complex problems, drive results through strong business relations and project management, and deliver quality outcomes amidst competing priorities, tight deadlines, and changing directions.

Responsibilities

The VP of Compliance will manage comprehensive compliance programs, providing strategic direction to the compliance team and setting priorities with department heads. This role involves monitoring regulatory developments, developing and delivering ethics and compliance training, and collaborating with cross-functional teams to align compliance with business objectives. Key responsibilities include assessing regulatory risks related to lending and business operations, identifying control gaps, and developing risk mitigation strategies. The VP will also develop and maintain policies for regulatory compliance in lending operations, socialize these principles with business leaders, and lead compliance oversight for FCRA, FDCPA, MLA/SCRA, TCPA, EFTA, Reg E, Reg B, and credit reporting. Additionally, they will oversee monitoring protocols, ensure timely resolution of compliance issues, report on bank and lending operations compliance to management, and champion a culture of compliance and ethical conduct throughout the organization.

Skills

Compliance Programs
Risk Management
Regulatory Adherence
Ethics Training
Strategic Direction
Legal Landscape Monitoring

Sezzle

Buy now, pay later payment solutions

About Sezzle

Sezzle operates in the buy now, pay later (BNPL) market, allowing consumers to purchase products and split the cost into four interest-free payments. This service is designed to help younger consumers manage their finances by providing flexible payment options. For merchants, Sezzle offers a payment solution that can increase sales and reduce cart abandonment rates. The company generates revenue primarily through fees charged to merchants for processing transactions, which are justified by the increased customer acquisition and sales that merchants experience. Sezzle is committed to creating a positive societal impact as a Public Benefits Corporation and a Certified B Corp. With 3.4 million active consumers and nearly 47,000 active merchants, Sezzle has reported significant growth, with $1.8 billion in underlying merchant sales in the past year. The goal of Sezzle is to empower the next generation financially while facilitating transactions between consumers and merchants.

Minneapolis, MinnesotaHeadquarters
2016Year Founded
$201MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
201-500Employees

Benefits

Comprehensive Benefit Plans
Generous Parental & Family Leave
Competitive 401k Match
Paid Time Off & Volunteer Time Off
Ownership Through Equity
100% of Donations to Charity Matched
Work from Home Stipend
Highly Discounted Fitness Membership

Risks

Increased regulatory scrutiny on BNPL could impact Sezzle's operations and growth.
Edelson Lechtzin LLP's investigation may lead to legal challenges for Sezzle.
Staples' partnership with Klarna intensifies competition in the BNPL market.

Differentiation

Sezzle is a Certified B Corp, emphasizing social impact alongside business goals.
The company offers interest-free payment plans, appealing to younger, budget-conscious consumers.
Sezzle's platform reduces cart abandonment, benefiting merchants with increased sales.

Upsides

Sezzle's partnership with Bealls Inc. expands its reach across 650+ stores.
The BNPL market is growing, with over 20% of consumers using BNPL in 2022.
Fintech IPO Index's 64% return indicates a favorable investment climate for Sezzle.

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