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Head of Compliance
Cherry Installments, Turkey
Experience
1 Year
Salary
Job Type
Job Shift
Job Category
Traveling
No
Career Level
Telecommute
No
Qualification
As mentioned in job details
Total Vacancies
1 Job
Posted on
Mar 24, 2021
Last Date
Apr 24, 2021
Location(s)
Job Description
Cherry is a fast growing fintech that has built the simplest, fastest, and most inclusive point of sale financing solution available in the US today.
Our product grows a merchant's revenues by making their products and services accessible and affordable to the broadest range of customers. We believe that every retailer and service provider, no matter how small, should have access to easy customer financing to let them win every sale.
Our goal is to become the go-to point of sale financing solution for small and medium businesses nationwide. We hire the world’s best and brightest people to make this goal a reality.
Cherry is backed by an all-star lineup of investors such as DCM and early Tesla board member and eBay Motors Founder Simon Rothman.
Cherry was founded and is led by Stanford entrepreneurs with years of experience in Technology, Sales and Finance.
The Head of Compliance will report directly to the Head of Risk and is responsible to develop, implement, administer, and coordinate all aspects of Cherry’s compliance program. As the Head of Compliance, you will:Job Duties- Develop the compliance policies and procedures and oversee compliance operations.
- Lead in the coordination of internal audit and regulatory examinations, including advance preparation and follow-up on open compliance issues and observations, and develop written responses as needed.
- Perform risk assessments, investigations, remediation plans and other project plans.
- Develop and implement robust compliance risk management reporting practices.
- Perform internal monitoring and transaction testing as required
- Assist with managing relations with our bank partner, specifically counterparts within their compliance team.
- Maintain current awareness of laws, regulations and issues relating to fair and responsible lending and banking, including the following:
- Bank Secrecy Act (BSA), Equal Credit Opportunity Act (ECOA), Truth in Lending Act (TILA), Unfair, Deceptive or Abusive Acts or Practices (UDAAP), and other regulations as applicable.
- Oversee the adequacy and effectiveness of the training program related to all compliance issues.
- Investigate and act upon matters related to compliance
Qualifications- Bachelor's degree in relevant field.
- Professional certifications eg ACAMs, CCEP, or CCRP would be preferred
- JD preferred.
- Familiarity with industry practices and standards
- 7+ years’ experience in lending related compliance areas.
- Ability to work both independently and in a fast paced environment.
- Exceptional verbal and written communication skills
- Strong ability to connect interpersonally with others
- High attention to detail
- Developed passion for the customer experience/success
- Comfortable working with various software platforms
- Adaptable and proven ability to troubleshoot on the fly
- Problem solver with can-do attitude
- Ability to travel occasionally (~10%), primarily to our headquarters in the San Francisco Bay Area.
Cherry provides equal employment opportunity (EEO) to all persons regardless of age, color, national origin, citizenship status, physical or mental disability, race, religion, creed, gender, sex, sexual orientation, gender identity and/or expression, genetic information, marital status, status with regard to public assistance, veteran status, or any other characteristic protected by federal, state or local law. Job Specification
Cherry Installments
Information Technology and Services - Ankara, Turkey