SALT
Our Vision: To create a world where financial inclusion is the norm.
Remote
Remote

Director of Compliance at SALT

| Remote
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About the Company

SALT is the pioneer of crypto-backed lending and offers crypto-focused financial services for individuals and businesses. Our mission is to build products that increase access to financial opportunities and give people more control over their ability to generate wealth long term. Committed to fostering adoption of blockchain technology, we’re working to bridge cryptocurrency with traditional finance. With an emphasis on security and customer service, we provide the technology, infrastructure, and tools that make it easy for crypto holders, businesses, banks, and governments across the globe to participate in the blockchain economy. SALT operates a blockchain-based platform that facilitates the issuance of consumer and commercial asset-backed loans secured with cryptocurrency and provides asset management services. The platform is a wholly-owned subsidiary of Salt Blockchain Inc. For more information, please visit saltlending.com.


SALT is a remote first organization with a dynamic workforce. SALT offers medical, dental and vision health insurance with 100% paid premiums for employees and their eligible dependents, generous PTO, a 401(k) with company match, company equity, employer-paid short-term and long-term disability insurance, an employee perks program, a remote work expenses stipend, a home office set up payment, a charitable matching gifts program and an engaged culture with a wonderful team! If you enjoy a fast-paced, progressive, hard-working environment, SALT may be the place for you.


About the Position

The Director of Compliance will serve as the Bank Secrecy Act (BSA) Officer and is responsible for the design, implementation and supervision of a comprehensive compliance and oversight program designed to ensure compliance with all applicable regulatory requirements. This position will work remotely.


 Primary Responsibilities:

  • Provide management, leadership, strategic direction and oversight for the Compliance function.
  • Perform supervisory responsibilities to support Compliance employees.
  • Stay abreast of current issues in the regulatory environment and changes in applicable laws, advising on industry rules and regulations and how they should be implemented and enforced.
  • Promote and support a culture of risk management and compliance, including:
    • Planning, advising and overseeing the compliance program, consisting of overseeing/reviewing, monitoring and testing program, which includes verifying that internal controls are designed and effective to achieve compliance with prevailing rules and regulations and maintenance of documentation to support the completion of the review and the corrective measures taken.
    • Overseeing the development, documentation, and dissemination of written supervisory procedures and compliance controls with applicable rules and regulations.
    • Leading AML/OFAC, lending compliance, and new credit product development special projects.
    • Establishing adequate controls to provide early detections and prevention of potential compliance issues. Implementing policies and procedures to correct any identified compliance issues.
    • Working with business management to develop, communicate and implement strategies, procedures and technology systems designed to enhance compliance with applicable rules and regulations.
    • Working knowledge of regulatory issues and changes in applicable laws through the regular review of appropriate publications to determine the impact on the business and its processes and procedures.
    • Serve as the company's BSA Officer and point of contact with regulatory agencies. Coordinate the research, response and submission of information requested by regulatory agencies.
  • Oversee the registration, maintenance, and examinations of our current state licenses and plan for and manage new application strategy.
  • Manage relationships with external compliance support vendors as needed.

Candidate Experience:

  • Bachelor’s Degree. JD degree or MBA is a plus. ACAMS or ACFCS certified is preferred.
  • 7 - 10 years of compliance experience in the financial services industry. Ideal candidates will have experience with credit cards, consumer lending and/or money transmission.
  • Experience in developing, implementing, and enforcing a compliance and risk management program.
  • Experience with state licensing registration, maintenance, and examinations.
  • Knowledge of cryptocurrency compliance and regulations is a plus.
  • Supervisory/management experience of Compliance staff.
  • Excellent written and verbal communication skills.
  • Ability to work and communicate in a remote environment.  
  • Ability to define problems, collect data, establish facts, and draw valid conclusions.
  • Able to establish and maintain cooperative and positive working relationships.
  • Organized, detail-oriented, diplomatic, analytical, proactive, self motivated, dependable, and driven by excellence.
  • Even-tempered and able to balance multiple tasks in accordance with changing deadlines and priorities in a fast-paced environment.
  • Ability to work sensitively and effectively with individuals of diverse backgrounds.

Job Type:

Full-time position


Location:

Works remotely from anywhere in the U.S.


Salary:

Hiring range of $90,000 - $130,000 DOE

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What are SALT Perks + Benefits

SALT Benefits Overview

SALT is a remote first organization with a dynamic workforce. We are pleased to have been named a 2021 Best Places to Work: Best Remote-First Company! SALT offers medical, dental and vision health insurance with 100% paid premiums for employees and their eligible dependents, Teladoc virtual health care options, flexible spending accounts for health care and dependent care, a robust employee assistance program, generous PTO, a 401(k) retirement savings plan with company match, company equity, employer-paid short-term and long-term disability insurance, an employee perks and recognition program, a remote work expenses stipend, home office set up monies, a charitable matching gifts program and an engaged culture with a wonderful team! If you enjoy a fast-paced, progressive, hard-working environment, SALT may be the place for you.

Culture
Intracompany committees
We have an engaged Culture Crew, consisting of a team of cross-departmental employees that help make SALT a great place to work!
Open door policy
Team owned deliverables
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Along with our medical insurance, we offer both a health care flexible spending account and a dependent care flexible spending account.
Disability Insurance
We provide company-paid short-term and long-term disability insurance.
Dental Benefits
Vision Benefits
Health Insurance Benefits
We offer for our medical, dental, and vision insurance , options where the company pays 100% of the premium for our employees and all their eligible dependents.
Wellness Programs
Mental Health Benefits
We have a robust 24/7 Employee Assistance Program, providing confidential, free services to our employees, including unlimited counseling calls.
Retirement & Stock Options Benefits
401(K)
401(K) Matching
SALT's 401(k) retirement plan matches 50% of an employee's contributions up to 6% of their annual base salary.
Company Equity
Performance Bonus
Discretionary Annual Bonuses
Match charitable contributions
Child Care & Parental Leave Benefits
Generous Parental Leave
Flexible Work Schedule
Remote Work Program
Family Medical Leave
Vacation & Time Off Benefits
Unlimited Vacation Policy
Paid Holidays
Perks & Discounts
Casual Dress
Home Office Stipend for Remote Employees
Professional Development Benefits
Job Training & Conferences
Lunch and learns
Promote from within

Additional Perks + Benefits

We also have a great employee perks and recognition program. Our employees are allotted monies monthly that they can choose how they want to spend via a virtual platform with redemption options from digital gift cards, Visa cards, charitible contributions and more! Our team gets to pick the perks that work for them. We also have a monthly giving allowance for peer-to-peer recognition to highlight the wonderful things our coworkers do.

Jobs at SALT
2

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The Manager of Financial Data & Systems, reporting to the Chief Accounting Officer, will have the opportunity to grow our technical execution for finance and accounting, develop queries to pull data, leverage systems to their full capability and effectively communicate financial information in a clear and concise way driving process and outcomes. This position will work remotely.

Chief Legal Officer

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The Chief Legal Officer (CLO) will lead the company’s legal and compliance functions and staff, oversee and coordinate legal matters, ensure compliance with applicable laws and regulations, and collaborate with outside counsel as needed. The CLO will report to the Chief Executive Officer and serve as a member of the Executive team. This position will work remotely.