Compliance Specialist - Remote

Overview

Faire is an online wholesale marketplace built on the belief that the future is local — independent retailers around the globe are doing more revenue than Walmart and Amazon combined, but individually, they are small compared to these massive entities. At Faire, we're using the power of tech, data, and machine learning to connect this thriving community of entrepreneurs across the globe. Picture your favorite boutique in town — we help them discover the best products from around the world to sell in their stores. With the right tools and insights, we believe that we can level the playing field so that small businesses everywhere can compete with these big box and e-commerce giants.

By supporting the growth of independent businesses, Faire is driving positive economic impact in local communities, globally. We’re looking for smart, resourceful and passionate people to join us as we power the shop local movement. If you believe in community, come join ours.

In Short

• Develop, maintain and enhance compliance policies, processes, and other resources across BSA/AML, sanctions, KYB, and fair lending.
• Partner with Product, Engineering, and Ops teams to map compliance requirements for new features, products, and partnerships.
• Support escalations from Faire’s Risk Ops teams on issues related to BSA/AML transaction monitoring, suspicious activity investigations, and sanctions/PEP screening.
• Oversee due diligence and onboarding with prospective financial partners, drive issue resolution, and response.
• Coordinate timely and accurate responses to auditors and regulators on compliance matters.
• Strengthen program oversight by advancing testing, monitoring, and reporting frameworks and driving remediation of findings.
• Monitor global regulatory developments and translate changes into actionable program updates for internal stakeholders.
• Tackle other high-priority initiatives within the Legal Team as business needs evolve.

Requirements

• 5+ years of experience in financial services compliance, including AML, KYB, sanctions, or related areas; fintech, marketplace, or lending experience a plus.
• Familiarity with the bank partnership model, including diligence and onboarding processes.
• Able to design and execute complex project plans with a high degree of autonomy and with a focus on creative data driven problem solving, operational efficiently and scale.
• Excellent communication and analytical skills, time management / prioritization skills, as well as an impeccable attention to detail.
• Demonstrated ability to work cross-functionally and collaboratively with internal stakeholders, build relationships, influence without authority and achieve buy in.
• Professional certifications (e.g., CAMS, CRCM) are a plus.

Benefits

• Hybrid work model with flexibility to work remotely up to 4 weeks per year.
• Eligibility for equity and benefits.
• Opportunities for professional development and growth.
• Work in a supportive and entrepreneurial environment.
• Engage with a community of over 350,000 small business owners.