Regulatory and Licensing Manager

Manage Regulatory Compliance function 

• Ensure compliance with, and manage company processes related to, state money transmitter licensing requirements and all Nationwide Multistate Licensing System (NMLS)-related activities 
• Maintain extra-provincial registrations for Moneycorp US Inc. in Canada 
• Conduct horizon scanning, liaise with regulators to ensure timely notice of any regulatory changes, and communicate all such changes promptly to the Chief Compliance Officer (CCO) 
• Prevent any disruption in licensing status by ensuring the company receives timely, accurate and complete documentation/information concerning licensing requirements 
• Strategize, plan, and prioritize licensing strategy and related risks 
• Timely file all required reports, renewal documents, and other information related to applicable licensing requirements 
• Identify and internally report licensing-related risk and compliance issues and participate in developing mitigation plans 
• Create accurate and timely reporting and analysis of regulatory and licensing activities 
• Monitor and resolve NMLS task list for all license item notifications 
• Monitor all regulatory filings managed by outside vendors (e.g. Secretary of State filings submitted by the company’s registered agent) to ensure timely and complete submissions 
• Monitor surety bond expiration dates and ensure renewals are processed in a timely manner 
• Provide management and executive level overview on the state of licensing 
• Hire and manage a Regulatory and Licensing Associate to serve as deputy 
• Assist as needed in other areas of Compliance

Manage external and internal audits

• Act as principal coordinator, in collaboration with Finance, Legal, and Compliance departments, for all federal/state examinations, internal and external audits, annual independent AML compliance reviews (US), and biennial AML effectiveness reviews (Canada). This includes: 
• Organizing and coordinating initial document production 
• Preparing and maintaining examination trackers, issues logs, etc. 
• Acting as principal point of contact during the course of all examinations/audits 
• Supporting the Chief Compliance Officer, as needed, in preparing responses to the examiners
• Managing the post-examination issues log and ensuring all action items are completed in a timely manner

• Three or more years of experience with money transmitter licensing compliance
• Five or more years of NMLS experience
• Three or more years of experience participating in state or federal compliance examinations
• Two or more years of management/supervisory experience
• Strong knowledge of statutes, regulations, and NMLS activities applicable to money transmitters

• Must be able to work under pressure in a fast paced environment
• Must have great organizational skills including the ability to prioritize
• Must have excellent oral and written skills
• Proficient in MS Excel and Word

• Bachelor’s Degree or commensurate experience

• English

• The individual must have excellent work ethic and exceptional attention to detail
• The individual must be professional and personable
• The individual must be determined and driven
• The individual must be self-motivated and have the ability to work independently and within a team environment

• This position is full-time permanent, operating on a hybrid working model from one of our office in Stamford, CT or Providence, RI.
• This role offers a salary range between USD 90,000 - $110,000 per annum + annual bonus and a comprehensive benefits package
• Medical, Dental, Vision
• 401k

• Location: Stamford, CT or Providence, RI
• Overtime Eligible: No – Salaried Exempt
• Hours: 40 hours per week, Monday to Friday between 8.30am – 5.00pm
• Flexibility will be required in line with business needs
• This is a hybrid role