Regulatory Affairs Associate

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 and 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! 
The Pangea Regulatory team ensures our business meets all current legal and regulatory requirements. This team balances legal and regulatory requirements with the needs of our users. We are looking for a driven Regulatory Affairs Associate who is starting their career and would like to get impactful, hands-on, experience at an innovative fin-tech company. 
Reporting to the Chief Compliance Officer, you will play a key role in working on state, federal, and international regulatory matters, with a focus on state-level money transmitter license (MTL) filings. You will work closely with our business, legal, and compliance teams to develop procedures while managing Pangea’s legal and regulatory risk areas. 
YOU WILL:
  • Handle daily regulatory tasks on a wide variety of matters, including periodic filings, routine inquiries, exam preparation, and investigations
  • Perform annual renewals and assemble new license applications for money transmission and other licenses
  • Ensure requirements of various regulators overseeing the money services business (MSB) space are met, such as: FinCEN, myriad state-level financial MTL regulators, and foreign financial regulators in Latin America and Asia
  • Advise on state money transmitter requirements, BSA/AML compliance, consumer protection laws, and other regulations impacting the company
  • Assist with investigation and responses to consumer complaints
  • Work on cross-functional teams to escalate and resolve regulatory questions related to product development or launches
  • Respond to due diligence requests from third parties and perform due diligence on third parties when needed
  • Collaborate with the Compliance team to develop and improve the regulatory framework, including applicable processes, policies, and procedures
YOU HAVE:
  • Bachelor’s degree with an excellent academic record; law degree highly preferred 
  • 3-5 years of regulatory experience, preferably within a relevant industry such as fin-tech, banking, payments, blockchain, or financial services
  • Sound and practical business and risk management judgment
  • Excellent decision making and problem-solving skills
  • Desire and ability to perform under tight deadlines
  • Entrepreneurial ability and drive to achieve goals without being confined to normal business hours
  • Commitment to developing an overall culture wherein Pangea is a desirable place to work
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
    • JavascriptLanguages
    • SqlLanguages
    • .netLanguages
    • ReactLibraries
    • AngularJSFrameworks
    • ASP.NETFrameworks
    • Microsoft SQL ServerDatabases
    • MySQLDatabases

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

VP, People

What are Pangea Money Transfer Perks + Benefits

Culture
Volunteer in local community
Partners with Nonprofits
Friends outside of work
Eat lunch together
Daily stand up
Team owned deliverables
Team based strategic planning
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
Lunch and learns
Cross functional training encouraged
Promote from within
Continuing Education stipend
Online course subscriptions available
Paid industry certifications
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