About this role
Role Overview
- Design, implement, and maintain Aspora's BSA/AML compliance programme for the US entity, in full compliance with FinCEN requirements and the Bank Secrecy Act
- Own the SAR and CTR filing process end-to-end — ensuring accuracy, timeliness, and defensibility
- Maintain and continuously strengthen the Customer Identification Programme (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) frameworks
- Oversee OFAC screening, sanctions compliance, and adverse media monitoring for US customers and counterparties
- Lead the annual independent audit and periodic risk assessments of the BSA/AML programme
- Manage Aspora's Money Transmitter License portfolio across all active US states — including renewals, amendments, and new state applications as the business expands
- Serve as primary point of contact with state regulators (NMLS, DFS, DFPI, and equivalents) for examinations, information requests, and supervisory correspondence
- Monitor evolving state and federal MSB regulations and proactively assess and communicate their impact on Aspora's operations
- Coordinate with external US counsel (currently Orrick and Sequoia's legal network) on complex regulatory questions, licensing strategy, and examination support
- Oversee agent/partner due diligence and compliance requirements where Aspora engages third-party distribution or banking partners in the US
- Maintain Aspora's compliance with applicable federal consumer protection laws — including the Remittance Transfer Rule (Regulation E), UDAAP standards, and CFPB supervisory expectations for non-bank payment companies
- Review and approve customer-facing disclosures, terms of service, and marketing materials for US regulatory compliance
- Manage the US consumer complaints process, ensuring resolution timelines and escalation protocols meet regulatory and best-practice standards
- Monitor CFPB guidance, enforcement actions, and rulemaking relevant to digital remittance providers and provide regular internal briefings
- Build and maintain Aspora's US compliance policies, procedures, and controls framework — keeping them current with regulatory changes and business evolution
- Design and deliver ongoing compliance training for US-facing staff and relevant global team members
- Operate as the compliance business partner to the US product, operations, and customer experience teams — advising on new product launches, feature changes, and operational decisions
- Build and maintain a US compliance risk register; track and escalate open items to the Group CCO
- Evaluate and manage compliance technology and vendor relationships (e.g. transaction monitoring, sanctions screening, ID verification).
Requirements
- 5
- 8 years of compliance experience in financial services, with a substantial focus on US MSB, money transmission, or fintech compliance — law firm training is a strong signal of the rigour we're looking for.
- Deep, first-hand working knowledge of FinCEN BSA/AML requirements, the Bank Secrecy Act, OFAC sanctions frameworks, and state Money Transmitter Licensing regimes.
- Direct experience managing MTL portfolios — including state regulatory exams, renewals, and NMLS administration.
- Familiarity with Remittance Transfer Rule (Reg E) obligations and CFPB consumer protection standards for non-bank payment companies.
- Demonstrated ability to build or significantly enhance compliance programmes in growth-stage or scaling environments — not just maintain inherited frameworks.
- Confidence engaging directly with state and federal regulators independently and credibly
- Strong written and analytical skills; able to translate regulatory complexity into actionable internal guidance and board-quality reporting.
- Bachelor's degree required; JD, CAMS, or equivalent professional qualification strongly preferred.
Benefits
- Competitive compensation benchmarked to US fintech compliance market rates, with equity participation