Senior Associate, Enterprise Compliance

As a Senior Associate, Enterprise Compliance at Melio, your primary responsibilities include collaborating with the Chief Compliance Officer on establishing a formal governance structure for the money transmitter license framework. You'll also create gap analyses, develop committee charters, and work closely with compliance and operations teams to review key policies. Your role will be pivotal in ensuring our compliance standards grow as we do.

Candidates applying for the Senior Associate, Enterprise Compliance position at Melio should ideally have 3-5 years of experience in a regulated financial services environment, strong communication skills, and the ability to manage multiple projects. Additional bonus qualifications include direct exposure to B2B payments and experience drafting policies in a compliance-heavy environment.

Melio is committed to professional development for the Senior Associate, Enterprise Compliance role through workshops, mentorship programs, and team-building activities. We also value feedback, ensuring our associates have continuous opportunities for growth and advancement in their careers.

At Melio, our company culture is centered on collaboration, diversity, equity, and inclusion. As a Senior Associate, you'll thrive in a nurturing environment where your differences are celebrated, and you'll have ample opportunity to engage with colleagues in both our New York City and Denver offices as part of a hybrid working model.

The Senior Associate, Enterprise Compliance position at Melio comes with an attractive benefits package. This includes competitive compensation, comprehensive health plans, 401K matching, generous vacation and parental leave, as well as office perks like catered meals and wellness support. We believe in taking care of our employees to foster a healthy work-life balance.

In your response, highlight specific projects or responsibilities you've undertaken in previous roles that directly align with compliance responsibilities, demonstrating your understanding of regulations and how you've navigated them successfully.

Discuss your organizational strategies. You might want to outline your methods for setting priorities, using tools for tracking progress, and communicating effectively with team members to streamline the process.

In answering this question, explain key compliance issues B2B payment providers face, such as money laundering and data protection, and demonstrate your knowledge of relevant regulations and how they impact operational practices.

Provide examples of your process for reviewing documents or managing compliance tasks, such as double-checking policies against regulatory requirements or conducting thorough audits to ensure accuracy.

Define a gap analysis and illustrate its significance in identifying missing policies or necessary enhancements, especially in a rapidly changing regulatory landscape. Share past experiences where you’ve performed gap analyses.

Describe your approach to facilitating collaboration and communication among various departments, ensuring that compliance considerations are clearly understood and integrated into their workflows.

Share your methods for staying informed, whether it's through industry publications, attending workshops and seminars, or leveraging professional networks. Emphasize your proactive approach in adapting to regulatory changes.

Discuss your passion for compliance and your excitement about Melio's mission. Explain how your skills and experiences align with the company's goals and your eagerness to contribute to its growth.

Provide a narrative that illustrates your flexibility and adaptability. Show how you assessed the new situation, communicated changes, and implemented an effective response to ensure compliance was not compromised.

Emphasize the importance of transparent communication in compliance roles. Discuss your strategies for conveying complex regulations in simple terms to team members and ensuring everyone is on the same page regarding compliance initiatives.