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Chief Compliance Officer

ABOUT US
Founded in 2012 and headquartered in Chicago, IL, Pangea started with the mission of making money transfer simple, fair and safe. Since then, we’ve strived to enhance the security and reduce the costs and pain points of international money transfer. 
As Pangeans, we value introspection, accountability, empowerment, excellence, and above all, kindness. We believe in a fierce dedication to customer experience. We know that diversity is the key to innovation and creativity. If you have a growth mindset and you thrive under pressure, you’re a great fit for our team!
ABOUT THE ROLE
The Pangea Compliance team ensures our business is consistent with current financial regulations. This team balances legal and compliance requirements with the needs of our users. We’re looking for a Chief Compliance Officer to help the company scale its operations globally. 
As Chief Compliance Officer, you will manage an international team of Compliance and Regulatory associates, ensuring proper initiatives are in place to ensure the company maintains compliance with state and federal regulations. This role will have three direct reports, an AML Officer, AML Operations Director, and a Regulatory Affairs Manager. The AML Operations Director will provide direct management the transaction monitoring process.
RESPONSIBILITIES
  • Manage internal controls, policies, and procedures including oversight of the companies transaction monitoring procedures, watch list screening program, and customer identification program 
  • Support AML Operations Director in oversight of analyst team
  • Report on metrics related to the health of the company’s AML operations 
  • Manage the company’s PEP program
  • Update and expand the company’s compliance manual and procedures to mitigate AML/CTF risk 
  • Conduct ongoing partner diligence
  • Represent Pangea to banking partners, the board and potential investors to explain Pangea’s compliance program and gain approval for innovative new product offerings
  • Own and manage internal, state and IRS audits 
  • Respond to information requests from state and federal regulators, law enforcement, partners, and other financial institutions pursuant to 314(b) requests
  • Manage periodic and ad-hoc filing FinCEN obligations, including amended registrations, re-registrations, renewals, FBARs and other applicable filings.
  • Ensure compliance with state licensing requirements in partnership with Regulatory Affairs Associate 
  • Manage all state audits and reviews
  • Manage ad-hoc state reporting in the event of a change in control, new product launch, changes at the board level and any other company or business changes triggering reporting obligations
  • Partner with Customer Service and Finance on proper monitoring of fraudulent activity 
  • Managing the ongoing relationship with state and federal regulators
  • Advise leadership on product and business related decisions that impact compliance
  • Handle all high-risk cases flagged in transaction monitoring
  • Participate in and ensure proper reporting by SAR committee
QUALIFICATIONS
  • Bachelor's degree
  • JD preferred
  • Must be CAMS certified 
  • Expertise in BSA rules and regulations
  • At least 5 years of management experience in AML/CTF Compliance at a financial institution (FinTech Preferred) 
  • Experience developing, implementing, operationalizing and scaling AML/CTF policies and procedures
  • Minimum 5 years evaluating AML risk 
  • Understanding of state regulatory requirements for MSBs
  • Excellent communication and critical thinking skills 
  • Ability to learn quickly 
  • Spanish language a plus
Pangea is an equal opportunity employer. All applicants will be considered for employment without attention to race, color, religion, sex, sexual orientation, gender identity, national origin, veteran or disability status.
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Technology we use

  • Engineering
    • .NETLanguages
    • C#Languages
    • RLanguages
    • ScalaLanguages
    • SqlLanguages

Location

Pangea is headquartered in Chicago's River North neighborhood.

An Insider's view of Pangea Money Transfer

What kinds of technical challenges do you and your team face?

We constantly refine our mobile app experience to help people send money to friends and family. Behind the scenes, we build robust APIs that coordinate money transfers across many financial networks worldwide using a diverse and evolving tech stack based on AWS. We have a motivated team that is eager to take on any challenge.

Nick

VP of Engineering

What makes someone successful on your team?

What I love about Pangea is that it continues to be a place that rewards hard work and initiative. For those who can thrive in an ambiguous environment and take ownership to solve problems, Pangea offers a fantastic opportunity to see the impact of your efforts.

Josh

GM

How do you empower your team to be more creative?

You have to encourage a culture of trying new things. For people to be creative, they have to be allowed to think outside the box, and to do that they have to be OK with failure. We have to be introspective and get better each time, but failure is part of the process. That's the only way to get better.

Nishu

CEO

How does your team reward individual success?

We have a program called Pangea Props that gives everyone the ability to reward team members for their accomplishments. Props are published on a slack channel for everyone to see. It's fun to see what people are working on and help celebrate big wins. Employees can cash out their Props for real prizes like gift cards or charitable donations.

Carolyn

Director of HR

What are Pangea Money Transfer Perks + Benefits

Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Pangea contributes to employee Health Savings Accounts twice a year.
Disability Insurance
Dental Benefits
The cost of Pangea's dental plan with MetLife is covered 100% by Pangea.
Vision Benefits
The cost of Pangea's vision plan with MetLife is covered 100% by Pangea.
Health Insurance Benefits
The cost of Pangea's healthcare plan with Atenea is covered 100% by Pangea. We also contribute $500 to each employee's Health Savings Account (HSA) yearly.
Life Insurance
Wellness Programs
Pangea proudly provides employees with reimbursement for gyms, fitness equipment, and race entry fees.
Retirement & Stock Options Benefits
401(K)
Company Equity
Employee Stock Purchase Plan
Performance Bonus
Child Care & Parental Leave Benefits
Generous Parental Leave
Pangea 3 months of paid maternity leave and 3 weeks of paid paternity & same-sex partner leave for new parents with at least 1 year of service.
Remote Work Program
Pangea lets all employees work remotely at least once a month.
Family Medical Leave
Adoption Assistance
Pangea provides employees with 6 weeks of paid adoption leave.
Vacation & Time Off Benefits
Generous PTO
Pangea's vacation policy includes up to 22 days of PTO for all employees, and increased amounts for each tenured employees.
Paid Volunteer Time
Pangea encourages employees to give back with paid volunteer time of 1-day per year.
Sabbatical
Pangea offers full-time employees with 4 years of continued service the opportunity to take a 2-week paid sabbatical.
Paid Holidays
Paid Sick Days
Pangea offers paid sick days of up to 5 days per year for all employees.
Perks & Discounts
Casual Dress
Commuter Benefits
Pangea reimburses employees for 100% of their monthly Ventra pass and up to $105 of their monthly Metra pass.
Company Outings
Game Room
We occupy the whole 3rd floor, and any room can turn into the game room after a long week. Meet us in the kitchen for carrom showdowns, or near the CEO's office for a Foosball tournament.
Stocked Kitchen
Our office manager has our kitchen stocked with grab & go snacks, breakfast & all the LaCroix you can handle. Not to mention, Friday treats like ice cream sundaes.
Some Meals Provided
Happy Hours
Recreational Clubs
We take beach volleyball (kind of) seriously.
Relocation Assistance
Fitness Subsidies
Professional Development Benefits
Job Training & Conferences
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