Payments Compliance Manager

Compliance Team at Brex
The Compliance team helps the company grow responsibly, advocating for Brex and the thousands of growing businesses we serve. We own Brex's compliance policies, provide strategic advice and guidance to all Brex teams, protect Brex from Financial Crime and other compliance risks, and represent the company externally on key regulatory and policy issues. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you’ll do

As a Compliance Manager at Brex, you will play a critical role in developing, implementing, and maintaining the payments compliance program which includes its money transmitter license as well as compliance with partner bank requirements. The role will report directly to the Payments Compliance Manager. 

Where you’ll work
This role will be based in our Salt Lake City office. You must be willing to work in office at least 2 days per week on Wednesday and Thursday, starting the week of January 6th, 2025. Employees will be able to work remotely for up to 4 weeks per year, for a minimum of one week at a time.

Responsibilities 

• Assist with the annual, quarterly and monthly regulatory filings to ensure continued compliance for the company’s various money transmitter licenses. 
• Work cross functionally with a variety of internal teams, such as Accounting and EPD, to  ensure the company’s continued compliance with new and existing products.
• Manage internal escalations related to money movement by providing support to a variety of operational teams including but not limited to Fraud and Account Protection. 
• Stay up-to-date on regulatory changes and developments, communicate and plan for expected changes to internal stakeholders. 
• Assist with the management of regulatory exams, external audits, and similar reviews in relation to the payments’ business activities. 

Requirements 

• 3+ years of payments compliance experience at a bank, payment or FinTech company.
• In depth knowledge of state money transmission regulations, Nacha Rules & Operating Guidelines and various federal regulations related to money movement. 
• Experience using Nationwide Mortgage Licensing System (“NMLS”).
• Experience working directly with various state regulators including responding to inquiries and exam requests. 
• Detail-oriented and strong organizational skills.
• Ability to multi-task and adapt to shifting priorities in a fast-paced environment.
• Excellent written and verbal communication skills and interpersonal skills to work effectively with internal and external stakeholders.
• Demonstrate an ability to handle highly confidential information. 

Bonus Points

• Knowledge and experience within the FinTech industry.
• Experience with Real-Time Payments or global payments processing.

Compensation

The salary range for this role is $113,600 - $142,000 USD. However, the starting base pay will depend on a number of factors including the candidate’s location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.