Compliance Jobs

Vice President Regulatory Affairs & Licensing, Leading Financial Services MSB, Miami, Florida

By September 30, 2021 No Comments

Vice President Regulatory Affairs & Licensing
Leading Financial Services MSB
Miami, Florida

We are representing a high growth Financial Services – Money Service Business that is beating their competition and has been exceeding Wall Street analyst estimates the past 7 quarters. Are successful in part due to their senior management team and their specific regional focus. Their 3-year compounded revenue growth rate is 19% with EBITDA at 43% growth. Position reports to the General Counsel.

Why Join Us? What we offer:
• 27-year track record of success
• Fastest growing MSB in the world
• The MSB industry is expected to grow from present of $700BB to $930 by 2026
• Superior executive management team with extensive industry experience
• Entrepreneurial environment that supports your creativity and imagination

Responsibilities of VP Regulatory Affairs & Licensing:
• Develop policies, procedures, and programs to address any changes to regulation or the law that may impact the company
• Identify and remediate any technology gaps related to the successful execution of remediation plans
• Prepare responses to State agencies in relation to state audits and examinations
• Host remote and physical audits / exam visits by state auditors
• Maintain, renew, and acquire money transmitter or money services business licenses (MBS) in state and local environments
• Prepare state forms and coordinate various filings across the US related to money transmitter licenses
• Maintain MSB registrations in all jurisdictions
• Support the Compliance, Finance and Tax teams with corporate records for annual financial audits

Requirements of VP Regulatory Affairs & Licensing:
• Bachelor’s Degree
• Related in a regulatory affairs or licensing role in a bank, financial institution, money transmitter, money service business, money order business, check processing business, or bill pay business
• Knowledge and experience with Federal Bank Secrecy Act (BSA), Anti-Money Laundering (AML), KYC, OFAC and Dodd-Frank EFTA Regulation E
• Experience preparing and processing corporate / regulatory filings
• Knowledge on the use of technology to enhance processes
• Language– English with Spanish a plus

Relocation Package:
• Relocation is provided by client

Application Process:
• Please send CV and compensation expectations to:

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