Compliance Officer - Manager Job at Bastion, Remote

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  • Bastion
  • Remote

Job Description

About Bastion

Bastion enables financial institutions and enterprises to issue regulated stablecoins, generate revenue on reserves, and expand their ecosystems. Bastion’s platform combines stablecoin issuance, secure custody, and seamless orchestration for cross-border transfers, on/off-ramps, and stablecoin conversions. With Bastion’s platform and APIs, businesses can create and scale their stablecoin network, while optimizing revenue, compliance, and control.

We are seeking a highly motivated and experienced Money Transfer Licensing officer with experience in regulatory exams to oversee and manage the licensing and regulatory compliance requirements for our money transfer operations. The ideal candidate will have a deep understanding of state regulations related to money transmission, as well as strong project management and communication skills.

Responsibilities

  • Manage the licensing process for money transfer operations across multiple jurisdictions.  This includes submitting applications for new licenses, maintaining existing licenses, and managing our surety bond portfolio required for these licenses.

  • Monitor and ensure compliance with all applicable licensing-related state and federal regulations.

  • Maintain accurate records of licenses, renewals, and regulatory filings.

  • Develop and implement policies and procedures to ensure ongoing compliance.

  • Serve as the primary point of contact for regulatory agencies and licensing authorities.

  • Prepare and submit regulatory reports and filings in a timely manner.

  • Stay up-to-date on changes in regulations and industry best practices.

  • Collaborate with legal and compliance teams to address regulatory inquiries and issues.

  • Provide guidance and training to staff on licensing and compliance requirements.

  • Assist in managing regulatory examinations and diligence requests.

Qualifications

  • Bachelor's degree in Business Administration, Finance, Law, or a related field.

  • 5+ years of demonstrated, hands-on experience managing money transfer licensing and compliance including applications, renewals, and reporting, specifically using the NMLS platform.

  • Strong understanding of state and federal regulations related to money transmission.

  • Experience managing surety bond requirements associated with state licensing.

  • Excellent project management and organizational skills.

  • Strong communication and interpersonal skills.

  • Ability to work independently and as part of a team.

  • Detail-oriented with a high level of accuracy.

  • Proficiency in Microsoft Office Suite.

Key Skills

  • Regulatory Compliance

  • Licensing Management

  • Project Management

  • Communication

  • Attention to Detail

Benefits

  • Competitive salary and benefits package.

  • Opportunity for professional growth and development.

  • Collaborative and supportive work environment.

Bastion provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, and placement. Bastion participates in E-Verify to authorize eligibility of employment in the United States.

Job Tags

Remote job, Local area,

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