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Senior Lead Consumer Compliance

Bakkt

Bakkt

Legal
Atlanta, GA, USA
Posted on Friday, June 28, 2024

About Us

Founded in 2018, Bakkt builds technology that connects commerce.

Our vision is to connect the digital economy by offering one ecosystem for cryptocurrency and digital assets, loyalty, and commerce. We enable our partners and clients to deliver new opportunities to their customers through SaaS and API solutions that unlock crypto and drive loyalty, powering engagement and performance.

Come build with us.

We are seeking a highly skilled and detail-oriented Senior Lead Consumer Compliance professional to join our team. The ideal candidate will be responsible for managing and maintaining our US Money Transmission Licenses (MTL), Louisiana VCBA, and NYDFS BitLicense, ensuring compliance with all state and federal requirements. The role requires strong project management skills, particularly in coordinating state and federal regulatory examinations and responding to license-related inquiries. The successful candidate will have a minimum of two years of experience in money transmission licensing and NMLS, a bachelor's degree, and the ability to deliver high-quality service in a fast-paced environment.

Responsibilities

  • Manage and maintain US Money Transmission Licenses (MTL), Louisiana VCBA and NYDFS BitLicense.
  • Coordinate and submit reporting, including renewal applications, quarterly, semi-annual, annual reports, and quarterly/annual financial statements.
  • Ensure compliance with all state and federal money transmission requirements, including permissible investments, surety bonds, and customer disclosures.
  • Keep all company, bank, and registered agent information and documentation on NMLS up to date. Keep all license information and disclosures on Bakkt.com up to date.
  • Communicate advanced notices with licensors regarding material changes to the company including address, name and organizational structural changes.
  • Respond to all license items or license-related inquiries from State agencies.
  • Project manage and coordinate State and Federal (IRS) regulatory examinations.
  • Help coordinate response and remediation efforts for examination findings.
  • Assist with applications for new US licenses and International licensing.
  • Assist other areas of compliance, which may include AML/BSA, Complaints,

Qualifications

  • Minimum of two years of experience with money transmission licensing and NMLS.
  • Bachelor’s degree from an accredited university.
  • Ability to create reporting in excel or other reporting tools quickly and efficiently
  • Ability to anticipate and meet the needs of both internal and external customers.
  • Delivers high-quality service; is committed to continuous improvement.
  • Must be able to multi-task in a fast-paced work environment

­Bakkt is devoted to having diversity in its workforce and is proud to be an equal opportunity employer. Bakkt does not make any employment decisions based on race, color, religion, sex, national origin, veteran status, disability, age, sexual orientation, gender identity of any other characteristic protected by law. Must successfully pass a post-offer background check and drug screen.