Director of Product Compliance, Financial Services - Lightspeed, Toronto Admin, Legal, HR & People Jobs

We’re looking for a Director of Product Compliance, Financial Services to join our Legal team. You will operate under the supervision of the Assistant General Counsel, and your core responsibilities will be advising product, engineering, sales, and operational teams on compliance, risk, and control development in order to launch and support compliant financial services products within the context of a global enterprise.

What you’ll be doing:

Partner with cross functional stakeholders to understand, track, and operationalize Lightspeed’s obligations to its key third party financial services partners, including applying obligations to direct product development efforts, and maintaining relationships with those partners.
Develop, implement and maintain compliance plans, playbooks, and best practices in order to expand and scale our financial services product suite
Actively monitor compliance and regulatory developments industry wide
Conduct ad hoc analyses and manage complex, cross-functional, and/or multi-jurisdictional projects
Train colleagues and stakeholder groups on what to watch out for from a compliance perspective
What you need to bring:

The legal, equity and procurement team is 27 people located in Canada and Europe. Our team is responsible to propel Lightspeed's success, empowering our global stakeholders by navigating legal challenges, turning risks into opportunities, providing commercially-minded solutions, and championing integrity.

We're looking for a Senior candidate who has experience with the following:

6+ years of experience working in compliance advisory role, ideally in a financial technology company or in the payments industry
Intimate knowledge of card brand rules, PCI-DSS compliance, NACHA rules, payments facilitator licensing requirements, merchant cash advance licensing requirements and generally compliance and regulatory obligations that apply to the fin-tech industry
Demonstrated track record of working with financial partners on regulatory compliance matters including, but not limited to: financial crimes, licensing requirements, regulatory reporting, financial product obligations, consumer compliance, conduct risk, complaints handling, money transmission rules
Experience evaluating emerging products for compliance risk, working with the product and business stakeholders to implement creative solutions to tough compliance requirements, and conducting compliance reviews of new products and marketing materials
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