Paymentus

Compensation

Full Description

Position Profile & Responsibilities: • The Director provides leadership and direction to various compliance units to ensure the company maintains its compliance with all applicable laws and best practices • The Director will provide professional legal services on behalf of the company. • Provides strategic, proactive, and interpretive guidance to leadership on changing governmental and legal requirements. • Provides expert legal guidance for key compliance strategies, new products and initiatives. • The Director leads the Company's compliance with Paymentus’ standards, including but not limited to compliance risk assessments, policy management, and regulatory change management, including but not limited to monitoring, evaluating, and communicating changes in regulations that affect the Company's operations • The position will report to executive management, and advise on corporate risk posture. • The Director will assist the Chief Information Security Officer on InfoSec matters, including the use of AI and related risks. • The position will require excellent client facing skills and routinely interface with clients • The Director will act as an independent review and evaluation body to ensure that regulatory compliance issues and concerns within the organization are being appropriately evaluated, investigated and resolved. • In addition to identifying, policies and procedures for improving compliance and reducing risk, The Director will also recommend and implement business policies and procedures to ensure compliance with contractual requirements, as well as federal and state laws. • The role will also work with other Paymentus business unit leaders to develop an effective culture of compliance, training program, including appropriate introductory training for new employees as well as ongoing training for all associates and managers. • The role will include contract review and negotiation related to compliance from time to time. • Develop, and implement and maintain global standards, policies, and processes for privacy and data protection. • Conduct data privacy impact assessments and ensure the implementation of appropriate privacy safeguards • Review new products, services, and features, as well as any uses of consumer data to ensure compliance with relevant privacy and data protection laws. • The VP will have a working knowledge of the licensing requirements and acquisition process related to payment processing Qualifications • Experience Creating and Refining InternalCompliance Policies and Procedures and a Strategy for Implementing the Policies throughout the Organization (i.e. Compliance Training Program) • Working knowledge of “Payments Compliance”; NACHA Regulations, Card Association Rules, PCI, Regulation E BSA, PatriotAct, OFAC and MSB Licensing • Experience with domestic and international privacy laws (CCPA, GDPR etc.) • Ability to implement and administer an effective KYC/AML/Fraud Program • Expertise in Risk Management and Building Risk Matrices • Minimum 7 years legal counsel experience relevant to the role • College graduate and law degree required • Juris Doctorate from an ABA accredited law school • Admission in good standing in a State Bar; Additional Skills/Knowledge: • Relentless Focus on the customer;sense of urgencyand flexible to changing circumstances and customer needs. • Strong interpersonal and negotiation skills;must possess a high level of teamworkskills • Ability to accurately gather, analyze and interpret data, define problems, and provide solutions • Leader and Mentor varying skill sets and experience levels. • Strong Negotiator with the abilityto set boundaries • Excellent Communication Skills,both written and oral. • Quality and ExecutionFocused. • High sense of Accountability and Ownership. • Ability to make decision with limited knowledge, direction, or data. EEO Statement Paymentus is an equal opportunity employer. We enthusiastically accept our responsibility to make employment decisions without regard to race, religious creed, color, age, sex, sexual orientation, national origin, ancestry, citizenship status, religion, marital status, disability, military service or veteran status, genetic information, medical condition including medical characteristics, or any other classification protected by applicable federal, state, and local laws and ordinances. Our management is dedicated to ensuring the fulfillment of this policy with respect to hiring, placement, promotion, transfer, demotion, layoff, termination, recruitment advertising, pay, and other forms of compensation, training, and general treatment during employment. Reasonable Accommodation Paymentus recognizes and supports its obligation to endeavor to accommodate job applicants and employees with known physical or mental disabilities who are able to perform the essential functions of the position, with or without reasonable accommodation. Paymentus will endeavor to provide reasonable accommodations to otherwise qualified job applicants and employees with known physical or mental disabilities, unless doing so would impose an undue hardship on the Company or pose a direct threat of substantial harm to the employee or others. An applicant or employee who believes he or she needs a reasonable accommodation of a disability should discuss the need for possible accommodation with the Human Resources Department, or his or her direct supervisor.