Job details

Senior Manager, BSA

We started Novo to challenge the status quo—we're on a mission to increase the GDP of the modern entrepreneur by creating the go-to FinTech platform for small businesses (SMBs). Novo is flipping the script of the FinTech world, and we're excited to lead the small business FinTech revolution.

We are looking for people of character. Pragmatic and capable people who want to see their work drive better outcomes for small businesses — the backbone of our economy. You will join our team and work on the building blocks of everything Novo ships.

Why Novo?

Novo is a rapidly growing series B fintech startup with a mission-driven team that's passionate about helping every small business in America
Positive, inclusive, supportive culture cheering you on your journey
We work with very new technologies and architecture patterns
We provide learning and development budgets to help you grow and bond with your team
Able to work from the office 3+ days per week
Offices in NYC, Miami, Delaware, India, and Colombia

We are looking for a Senior Manager, BSA who understands how to interpret regulations and build innovative programs from the ground up, prioritizes micro- and macro-communication, and can communicate cross-department with data-driven and comprehensive approach. If you're passionate about finding the right balance of innovation and compliance for underserved markets, then we want to chat. Are you ready to revolutionize the small business banking industry with us?

About the Role:

Policies & Procedures - Maintain and update compliance policies and procedures
Compliance Operations

Product Development - advise product engineering team on existing and new products to mitigate regulatory and partner risk
Marketing - review marketing materials for UDAAP and other regulatory concerns
AML Program - audit AML program overall and provide targeted review based upon transaction monitoring escalations
General Reporting - provide reports required by Compliance Framework, Risk Committee, and Company Policies

People Operations - lead team of compliance/AML/BSA analysts
Employee Training - provide training to employees and partners regarding their responsibilities with respect to the compliance program
Customer and Bank Management; and

Case manage customer compliance complaints and provide formal responses to such matters
Manage bank partner(s) and provide support to regulatory examinations conducted on bank partner(s)

Requirements for the Role:

Minimum of 5 years of US financial institution/banking experience
- Experience with Fintech and Partner Bank model, a plus
Management/supervisory experience in compliance role a plus
CAMS qualification (a plus)
Entrepreneurial attitude and experience with, or the ability to adapt to, a rapidly growing start-up with associated complexities and ambiguities
Effective project management skills with the ability to oversee multiple projects at any given point in time
Must be a quick learner and possess leadership skills
Strong time management, prioritization, work organization and multitasking skills with a drive for efficiency, accuracy and risk management controls required
A convicted individual with strong regulatory opinions. Must be willing to stand up for and defend Novo's interpretation of applicable law

Salary Range (NYC): $174,000 - 187,000 annualized salary. This range is not inclusive of discretionary bonus or equity package, offers to be determined based on experience, education and skill set. The range for this same position may be lower or higher in markets outside of New York City.

#LI-Hybrid

Novo values diversity as a core tenet of the work we do and the businesses we serve. We are an equal opportunity employer, indiscriminate of race, religion, ethnicity, national origin, citizenship, gender, gender identity, sexual orientation, age, veteran status, disability, genetic information or any other protected characteristic.

Novo Glassdoor Company Review

4.3