Product Compliance Manage - X Money
X.ai
About xAI
xAI’s mission is to create AI systems that can accurately understand the universe and aid humanity in its pursuit of knowledge. Our team is small, highly motivated, and focused on engineering excellence. This organization is for individuals who appreciate challenging themselves and thrive on curiosity. We operate with a flat organizational structure. All employees are expected to be hands-on and to contribute directly to the company’s mission. Leadership is given to those who show initiative and consistently deliver excellence. Work ethic and strong prioritization skills are important. All employees are expected to have strong communication skills. They should be able to concisely and accurately share knowledge with their teammates.
ABOUT THE ROLE:
We are seeking a BSA/AML and Sanctions Product Compliance Manager to ensure our products have appropriate controls to mitigate BSA/AML and Sanctions risks. The successful candidate will oversee the new BSA/AML and Sanctions compliance review process, document risk assessments, define requirements and controls, and confirm product readiness for market launch. This role demands a proactive problem-solving approach and strong communication skills to collaborate effectively with engineering, operations, product, and compliance teams.
RESPONSIBILITIES:
- Manage the daily Product Compliance workload by assessing, prioritizing, and documenting BSA/AML and Sanctions risks and requirements for new products.
- Evaluate new products and significant product changes, proactively identifying BSA/AML and Sanctions risks and communicating findings to the broader Compliance team and leadership.
- Partner with engineering and compliance teams to convert regulatory requirements into effective controls and verify their performance post-implementation.
- Spearhead remediation efforts to address control failures, ensuring timely implementation or escalation if appropriate.
- Track and interpret evolving regulatory standards and industry trends, providing actionable recommendations to leadership for product strategy adjustments.
- Train and educate stakeholders on compliance standards, best practices, and updates to relevant laws and regulations.
- Develop and manage training programs for stakeholders, including ongoing education on compliance standards, best practices, and updates to relevant laws and regulations.
- Oversee third-party vendors to ensure compliance with BSA/AML and Sanctions requirements, including conducting due diligence and monitoring performance
BASIC QUALIFICATIONS:
- Bachelor’s degree required; professional certifications (e.g., CAMS, CRCM) preferred.
- Minimum of 7 years of experience in product compliance, regulatory program management, or a related role within the fintech or financial services sector.
- Extensive knowledge of BSA/AML and sanctions regulations.
- Advanced project management skills, with a proven ability to prioritize and manage multiple deadlines effectively.
- Excellent problem-solving capabilities, paired with attention to detail.
- Outstanding communication skills, both written and verbal, with expertise in collaborating with diverse teams and external stakeholders
COMPENSATION AND BENEFITS:
$160,000 - $200,000 USD
Base salary is just one part of our total rewards package at xAI, which also includes equity, comprehensive medical, vision, and dental coverage, access to a 401(k) retirement plan, short & long-term disability insurance, life insurance, and various other discounts and perks.
xAI is an equal opportunity employer. For details on data processing, view our Recruitment Privacy Notice.