Head of Risk Management and Compliance
: Job Details :

A mid-sized debt settlement firm is seeking a Head of Risk Management and Compliance to oversee the firm s business practices. This person will function as a senior leader for the firm, reporting directly to the CEO. You will be responsible for ensuring the firm is and remains completely compliant with all applicable industry, state and federal regulations. Together, with a Risk Management and Compliance Analyst, the Risk Management and Compliance Department will be responsible for conducting regular audits, developing appropriate compliance policies, delivering necessary training, enforcing compliance violations, heading the Risk Management Committee, researching and staying up to date on all regulations, enhancing the Company s Risk Management presence, and setting ways to monitor and mitigate risk in its entirety.

The company is based in mid-town Manhattan and maintains over 50 employees. The Head of Risk Management and Compliance will act and be a key senior leader amongst the team as the company gears up for further growth. This individual must be proactive and a must act as a partner to other departments. This individual must maintain strong ethics, problem solving skills, and determination to grow compliance within the business.

The Debt Settlement industry is in a difficult place as compliance, business practices, sales and profits are being high scrutinized amongst state and federal regulators. Therefore, the Head of Risk Management and Compliance must be adaptable, determined, ethical, and be extremely driven to explore new and alternative ways to achieve our goals while being able to tighten compliance and mitigate risk holistically.

Key Responsibilities:

1. Develop, update and enforce company, state, federal and regulatory compliance policies and procedures

2. Oversee, develop, complete, and manage firm audits and examinations with documentation and notification to stakeholders

3. Heavily Monitor updates to state, federal and regulatory laws related to debt settlement and competitors

4. Act as the subject matter expert and trusted advisor to the firm, senior leader and CEO on all compliance and risk management matters

5. Proactively explore new processes and business methods to reduce and mitigate risk

6. Act as an independent stakeholder holding a high regard for ethics, problem solving, proactiveness, impartiality, and objectiveness.

7. Oversee and directly supervise Risk Management and Compliance Analyst

8. Head the Risk Management Committee comprised of senior leaders

9. Develop, oversee and manage risk management and compliance training and documentation

10. Manage and document complaints as stated in the compliant policy

11. Serve as a member of the Senior Management Team

Qualifications:

Compensation:

Salary Range: $120,000 - $180,000 per year based on experience

Health Insurance, Dental Insurance, Vision Insurance

Paid Time Off

401K Plan with Match

Schedule:

In-Office Monday Friday (This is not a remote position. The Head of Risk Management and Compliance must be on-site)