Compliance and Privacy Associate

Job Overview

Invoice Cloud, Inc. is seeking a detail-oriented and proactive Compliance Associate to join their compliance team. Reporting to the Director, Corporate Compliance, Privacy and ESG, this mid-level role will support the daily operations of our Corporate Compliance, Data Privacy and ESG programs. Our preference is for the successful applicant to be located in the greater Boston area, but we are open to fully remote candidates living outside of the Boston area who are especially qualified for this role.

This is a great opportunity for a professional that has a deep knowledge and interest in risk management and would like to develop expertise in regulatory processes and compliance and privacy governance. 

Responsibilities

• Support of Compliance Program: Assist in the development and enhancement of the Compliance Program by executing strategic projects that align with the corporate objectives of compliance, privacy, and ESG. Your efforts will help shape and mature our compliance framework.
• Project Support: Coordinate and manage compliance-related projects, ensuring timely execution and effective communication with stakeholders.
• Regulatory Monitoring: Proactively assist in tracking and interpreting relevant laws and regulations affecting the payments industry. Support the implementation of compliance policies and procedures, ensuring that they are current and effectively address regulatory requirements.
• Fraud Controls: Assist with governance of Anti-Money Laundering (AML), Know Your Customer (KYC), and OFAC sanctions screening program for new and existing customers, ensuring compliance with evolving fintech regulatory standards and supporting scalable onboarding and transaction monitoring processes.
• Cross-Functional Collaboration: Collaborate with IT, Product, HR, Information Security and Operations teams to ensure the consistent application of compliance and privacy policies throughout the organization. Be a champion for Privacy by Design principles, advocating for their integration into system and process development.
• Training and Education: Design and deliver engaging training materials and interactive sessions aimed at promoting compliance and privacy awareness within the organization. Empower employees at all levels to understand their role in maintaining compliance.
• Policy Development: Identify policy gaps, recommend new policies, and support implementation and monitoring in collaboration with relevant departments.
• Reporting and Documentation Management: Organize compliance records, training materials, and project documentation in a centralized repository.
• Additional Duties: Perform other duties as needed to support the compliance and privacy functions.

Qualifications

• Education: Bachelor’s degree in business administration, public administration, or a related field (or equivalent)
• Experience: Minimum 3 years in compliance, legal, risk management, or a control function. CCEP or CIPP certifications a plus but not required.
• Regulatory Knowledge: A solid understanding of financial compliance and data protection laws and their practical application in business contexts is critical for this role.
• Organizational Skills: Strong organizational and time management abilities to successfully balance multiple projects and deadlines effectively.
• Communication Skills: Excellent communication skills for explaining complex compliance concepts and fostering team collaboration.
• Analytical Skills: An analytical mindset with keen attention to detail, enabling thorough evaluation of compliance issues.
• Soft Skills: Strong problem-solving abilities, adaptability, and teamwork.