ABOUT UNIT

Unit is a market leader in embedded finance. We offer ready-to-launch financial services - like banking and capital - and serve millions of end-users across ~100 customers, including Wix, Bill.com, Honeybook, Relay, and more.

We’re repeat founders with technical backgrounds, working hard to build a successful company that we’re proud to work at. Our product moves $40b+ annually and processes 12m+ API calls daily. We’ve raised $160m+ from top investors including Insight, Accel, and 60+ angels.

THE ROLE

We are hiring a OFAC/KYC Manager to lead the continued development and implementation of Unit’s Office of Foreign Assets Control (“OFAC”) and Know Your Customer (“KYC”) compliance on the Unit platform. Reporting to the VP, Financial Crimes Compliance and Intelligence this role will play a critical operational and advisory function deepening Unit’s commitment to OFAC/KYC compliance. In this role, you will be responsible for developing and implementing the policies and procedures that govern Unit’s technology; overseeing Unit’s OFAC and KYC technology stack and operations; serving as the subject matter expert for the company including for new product development; and interacting extensively with other teams at Unit, financial technology clients, and partner banks.

The ideal candidate for this role is someone who is mission-driven, detail-oriented, innovative, and enthusiastic. We value curiosity and quick learners.

The position is based in New York City.

KEY RESPONSIBILITIES

• Develop and maintain adequate policies and procedures to govern the Unit technology platform

• Serve as the subject matter expert for the development of new products

• Manage the current OFAC technology stack, identifying and driving opportunities for continuous improvement

• Review escalated OFAC hits for compliance and advise Unit and partners on proper compliance steps

• Collaborate with the Chief Compliance Officer and Chief Legal Officer and provide strategic advice for OFAC and KYC related matters

• Advise on resource and technology needs to adequately maintain and improve established processes

• Assist with inquiries from clients, bank partners, internal and external auditors, and compliance testing regarding Unit’s technology stack

• Consistently monitor and assess external industry trends, best practices and the regulatory environment

WHAT WE'RE LOOKING FOR?

• 5+ years of experience in managing, designing, and implementing an OFAC and KYC compliance program for a financial institution or financial technology company

• Detailed knowledge of the relevant laws and regulations

• Strong leadership, executive presence, relationship management skills, and project management experience

• Strong communication skills and ability to interface with internal and external teams

• Ability to operate as an owner who drives with accountability for assigned tasks

• Ability to bridge the gap between banking and technical teams

• Team mindset and willingness to lead a compliance program that is closely integrated with other business units (sales, customer success, product, and legal)

• Enthusiasm for leveraging technology

• BA/BS or equivalent experience required

COMPENSATION

The base salary for this role is expected to be [$120,000 - $150,000] per year. In addition, employees at Unit can expect generous benefits and may be eligible for equity and/or variable compensation. The final offer will be determined by factors including experience level, expertise, and location.

LIFE AT UNIT

Working at Unit means joining a global team on a mission to create a more equitable financial ecosystem. We’re a fast-growing team of individuals who are passionate about their work, see the big picture and always seek to empower our clients and their end-customers.