Lightspark

Compliance

• Design, implement, and maintain an effective compliance program tailored to crypto and fiat payments services, including illicit finance (AML, CFT, sanctions), consumer protection, financial security and reporting, and data protection and privacy considerations for a global business. The candidate should be comfortable working directly on program design and documents, in addition to managing internal and outside teams.
• Oversee licensing management and strategy, determining where and how Lightspark needs to be licensed as it expands into new products, jurisdictions, and partnerships, and leading applications and renewals end to end.
• Stay up-to-date with compliance developments and industry best practices related to these topics ensuring that Lightspark's policies and procedures reflect relevant developments.
• Conduct regular risk assessments to identify potential compliance risks and develop and implement strategies to mitigate them.
• Provide ongoing training and education to employees on compliance matters, fostering a culture of compliance and ethical behavior.
• Lead internal investigations into compliance issues, coordinate with external auditors, and implement corrective actions as necessary.
• Build a tech- and AI-forward compliance function, evaluating and deploying AI and automation to scale monitoring, reporting, and licensing tracking as the business grows.
• Prepare and present compliance reports to senior leadership and the board of directors, highlighting key compliance issues, trends, and recommendations.
• Serve as a primary point of contact for regulatory agencies and examiners, and manage banking partnerships and other third-party regulatory requirements, ensuring timely and accurate communication and reporting.
• Work closely with other departments, including Legal, Finance, and Operations, to ensure compliance across all business activities.
• Scale the compliance team when and as needed to ensure efficient operations and appropriate coverage for a quickly growing company.

Chief Compliance Officer