Chief Compliance Officer

Deel

January 30, 2024

Job Overview

  • Date Posted
    January 30, 2024
  • Location
  • Expiration date
    February 20, 2024

Job Description

Deel is a global team that helps businesses hire anyone, anywhere, easily. Deel consists of more than three thousand self-driven individuals spanning over 100 countries. Our unified yet diverse culture keeps us continually learning and innovating the Deel platform and our products for customers.

Companies should be able to hire the best talent anywhere in the world, so we are building the best platform to make that a reality. Our market-leading technology, expertise, and global team are crucial to the success of Deel’s platform. We deliver the best products and platform features in our space, enabling millions of jobs worldwide and connecting the global workforce with the best companies and opportunities.

Why should you be part of Deel’s success story?

A 30-mile hiring radius should no longer dictate how companies hire because great talent lives everywhere. Deel sees a world without hiring borders and endless talent that pairs perfect candidates with great companies.

We offer global teams all the tools they need to hire, onboard, manage, pay, and scale at full speed. We aim to foster a diverse global economy by building a generational platform that seamlessly connects companies with talent worldwide.

After our successful Series D in 2021, we raised another $50M last year, doubling our valuation to $12B.

There’s never been a more exciting time to join Deel — the market leader in international payroll and compliance.

Job Description:

Deel is looking for its first Chief Compliance Officer. Reporting to the Chairman of the Board, this is a highly strategic position, where you will play a critical role in overseeing and managing all aspects of compliance within our dynamic environment. You will be responsible for ensuring that our financial operations comply with all relevant laws and regulations, and fostering a culture of ethical conduct across the organization.

 

Key Responsibilities:

  • Develop, implement and maintain comprehensive compliance programs to ensure adherence to applicable laws, regulations and industry standards whilst staying up to date with changes in relevant laws and regulations and communicating their implications to the executive team
  • Develop and update compliance policies and procedures to reflect changes in regulations and the business environment and ensure policies are effectively communicated across the organization and employees are trained on compliance matters
  • Partner with the CEO and General Counsel as a trusted advisor to provide guidance and thought leadership on enterprise risks, building a culture of compliance, scaling the business and compliance functions.
  • Lead strategic direction, design, development and implementation of Financial Crimes Compliance programs and controls across KYC, Sanctions Compliance, FIU, Anti-Bribery and Corruption, as well as Market Surveillance.
  • Develop, maintain, and enhance robust compliance policies, procedures, controls, and frameworks.
  • Partner with business leadership to evaluate risks, enable, scale, and innovate with compliant products and services across the entire ecosystem.
  • Provide guidance and advice on regulatory requirements for products and features, including payments, cryptocurrency, lending, and content moderation controls.
  • Engage cross-functionally (with groups such as Data, Engineering, Finance, Legal, Product, and Risk) to implement an effective compliance management program in line with the global standards and industry best practices.
  • Monitor and assess compliance with laws, regulations and policies (including BSA/AML and OFAC, GDPR, FATF Guidances, etc) and similar types of regulation globally.
  • Oversee compliance reviews and investigations.
  • Investigate and respond to compliance issues related to each Compliance program, and regulatory inquiries alongside our governance and regulatory teams.
  • Prepare Compliance reports, including reports to management and the board, and other materials as required by direct and matrix stakeholders and submit timely.
  • Manage the preparation and submission of regulatory reports and filings, ensuring accuracy and timeliness and serve as the primary point of contact for regulatory agencies and auditors, facilitating inspections and examinations.
  • Collaborate with cross-functional teams, including legal, finance, IT, and business units, to ensure a coordinated approach to compliance and risk management.
  • Assist with special projects as needed, with the ability to work in a fast-paced, ever-changing environment.

 

Qualifications:

  • 15+ years proven excellence in compliance roles at a payment/financial institution, bank, fintech, financial regulatory agency and/or professional service firm serving financial institution clients.
  • Experience working across jurisdictions within the Americas, EMEA, APAC and also familiarity with other global fintech regulatory regimes.
  • Strong knowledge of relevant banking laws, regulations, and industry standards.
  • Experience in running compliance oversight assurance programs and dealing with internal and external auditors.
  • Bachelor’s degree in business, finance, law, or a related field. Advanced degree or relevant certifications (e.g., CRCM, CCEP) is a plus.
  • Experience serving as a strategic business and functional partner and an integral member of a company’s leadership team.
  • In-depth knowledge of relevant global regulations, standards, and best practices.
  • Strong analytical and problem-solving skills.
  • Excellent communication and interpersonal skills.
  • Ability to champion and connect an organization to a vision to drive results within compliance and cross-functionally throughout Deel.
  • Ability to navigate complex regulatory landscapes and provide strategic guidance to the executive team.
  • Proven success developing, building, and leading metrics to measure compliance success.
  • Experience building and scaling large, high performing teams.
  • Experience at a B2B SaaS and/or HRTech company is a plus.

Total Rewards

Our workforce deserves fair and competitive pay that meets them where they are. With scalable benefits, rewards, and perks, our total rewards programs reflect our commitment to inclusivity and access for all.

 

At Deel, you’ll enjoy:

  • Computer equipment applicable to your role
  • Stock grant opportunities
  • Additional perks and benefits based upon your employment status and country
  • The ability to choose where you work whether it be your home, the beach, or a WeWork

 

At Deel, we’re an equal opportunity employer and value diversity at our company. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, disability status, or other applicable legally protected characteristics.