Product Compliance Manager - X Money

About the Role

We are seeking a BSA/AML and Sanctions Product Compliance Manager to ensure our products have appropriate controls to mitigate BSA/AML and Sanctions risks.

Responsibilities

• Manage the daily Product Compliance workload by assessing, prioritizing, and documenting BSA/AML and Sanctions risks and requirements for new products.
• Evaluate new products and significant product changes, proactively identifying BSA/AML and Sanctions risks and communicating findings to the broader Compliance team and leadership.
• Partner with engineering and compliance teams to convert regulatory requirements into effective controls and verify their performance post-implementation.
• Spearhead remediation efforts to address control failures, ensuring timely implementation or escalation if appropriate.
• Track and interpret evolving regulatory standards and industry trends, providing actionable recommendations to leadership for product strategy adjustments.
• Train and educate stakeholders on compliance standards, best practices, and updates to relevant laws and regulations.
• Develop and manage training programs for stakeholders, including ongoing education on compliance standards, best practices, and updates to relevant laws and regulations.
• Oversee third-party vendors to ensure compliance with BSA/AML and Sanctions requirements, including conducting due diligence and monitoring performance

Basic Qualifications

• Bachelor’s degree required; professional certifications (e.g., CAMS, CRCM) preferred.
• Minimum of 7 years of experience in product compliance, regulatory program management, or a related role within the fintech or financial services sector.
• Extensive knowledge of BSA/AML and sanctions regulations.
• Advanced project management skills, with a proven ability to prioritize and manage multiple deadlines effectively.
• Excellent problem-solving capabilities, paired with attention to detail.
• Outstanding communication skills, both written and verbal, with expertise in collaborating with diverse teams and external stakeholders

Compensation and Benefits

$160,000 - $200,000 USD

Base salary is just one part of our total rewards package at xAI, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.