We are looking for a Director of Merchant Compliance to join our team! In this role you will ensure compliance of new and existing merchant customers with applicable laws, regulations, policies and procedures. You will become the central point of contact for all matters regarding Merchant Compliance within SpotOn. You will also be responsible for leading your growing team to ensure that SpotOn merchants are operating in a safe and compliant manner.

Qualifications:

Research shows that women and members of underrepresented groups tend to apply to roles only when they check every box on a job description. We encourage you to apply if you meet the majority of qualifications and if this role is aligned with your career trajectory.

• 5-7 years of experience in the merchant compliance industry relating to ISOs or PAYFACS
• Prior AML experience required including submitting AML/BSA referrals to bank sponsors and conducting OFAC reviews
• Experience completing risk assessments, quality assurance reviews and/or testing of key processes, including but not limited to decline letters, BSA referral testing, transaction monitoring alerts, enhanced due diligence etc.
• Experience analyzing and reporting Merchant Compliance KRIs and KPIs, including monthly information services (MIS) reports
• Experience developing and implementing policies and procedures in accordance with applicable regulatory requirements, payment operator network rules and card brand rules and regulations (e.g. Visa, MasterCard, etc.)
• Experience in the security practices of the payment industry compliance, PCI-DSS reports and attestations a plus
• Experience with merchant pricing plans (cash discounts or dual pricing) and fee updates as well as the laws/regulations that govern them a plus
• Experience working to help publish communications and other materials to simplify compliance for merchants and help them to maintain good standing
• Bachelor's Degree or equivalent experience required
• Excellent verbal and written communication skills
• CAMS (Certified Anti-Money Laundering Specialist) or ACFE strongly preferred

Benefits:

At SpotOn, we put people above everything else. We're known for our innovative software and technology solutions, but we stand out because of the hard-working humans behind the tech. We can't take care of our clients without taking care of our employees first, and that's why we invest in you with a competitive benefits package which includes:

• Medical, Dental and Vision Insurance
• 401k with company match
• Restricted Stock Units
• Paid vacation, holiday and sick time
• Headspace membership for guided meditation and stress relieving tools through the Sequoia App*
• Employee Resource Groups for Diversity and Inclusion, Women, LGBTQIA+, and other communities
• Monitor, Keyboard, and Mouse needed for your home office? We got you
• Monthly cell phone and internet stipend
• Unlimited access to virtual audio and visual workouts through the Sequoia App*
• Subscription to Linkedin Learning to expand your knowledge on all kinds of fun topics
• Tuition reimbursement for up to 2k per calendar year to assist with classes of your choice

• for those enrolled in the Anthem plan

Compensation:

• Our base pay range starts at $145,000 -$200,000 for this role
• Please note the salary range listed is just one component of a competitive compensation package which includes a company stock plan
• Offers will be reflective of the candidate's location and experience.

SpotOn is an equal employment opportunity employer. Qualified candidates are considered for employment without regard to race, religion, gender, gender identity, sexual orientation, national origin, age, military or veteran status, disability, or any other characteristic protected by applicable law.