Licensing Manager

CoinFlip Preferred LLC; Chicago, Northern (IL, KY); Hybrid; USD 100,000 - 130,000; Full time

Job summary

CoinFlip is seeking a Licensing Manager to oversee its licensing portfolio across federal, state, and local jurisdictions for Bitcoin ATMs and cryptocurrency kiosks, ensuring full regulatory compliance.

You will be a primary regulator contact, coordinate applications, renewals, and amendments, and collaborate with legal, compliance, and operations to gather documentation, track deadlines, and respond to inquiries.

Qualifications

• 5+ years in regulatory compliance or licensing.
• Experience with NMLS, state money transmitter licensing, MSB registration, or equivalent global licensing frameworks.
• Bachelor’s degree preferred.
• Experience in highly regulated industries is strongly preferred.
• Detail oriented with strong organizational skills, along with the ability to multi-task and manage deadline-driven projects.
• Excellent written and verbal communication skills.
• Start-up experience is a plus!

Responsibilities

• Serve as one of two primary points of contact for state and federal regulators, including assisting with and coordinating the company's response to regulatory examinations, inquiries, and requests for information.
• Manage the end-to-end lifecycle of CoinFlip's licensing portfolio, including completing detailed applications, managing bonds, drafting supporting correspondence, and compiling documentation for new licenses, renewals, and amendments across federal, state, and local jurisdictions.
• Own primary responsibility for municipal and local business licenses required to operate Bitcoin ATMs/cryptocurrency kiosks, including tracking jurisdiction-specific requirements, display requirements and renewal timelines as the kiosk network grows.
• Analyze and interpret state and federal licensing regulations (including state and/or federal cryptocurrency specific laws) in consultation with in-house counsel.
• Ensure the timeliness, completeness, and accuracy of every license application and submission.
• Maintain licenses after issuance in NMLS (National Mortgage Licensing System), including tracking renewal deadlines and filing required periodic and annual reports on the company's behalf.
• Act as an internal resource to research, interpret, and clarify licensing requirements as CoinFlip's product offerings and geographic footprint evolve.
• Partner with internal teams (legal, compliance, operations) and external stakeholders to gather documentation and prepare submissions, and to respond to regulator inquiries and information requests.
• Support compliance audits and assist with identifying and remediating potential licensing or compliance issues.
• Work with management to prepare company personnel and materials in advance of regulatory examinations, interviews, and investigations.
• Review pending and approved changes to licensing and regulatory requirements across jurisdictions relevant to Bitcoin ATM/cryptocurrency kiosk operations, and flag impact to internal stakeholders.
• Other duties as assigned.

Skills

Regulatory compliance

Licensing management

Regulator liaison

Project coordination

Communication

Startup experience

Education

Bachelor’s degree

Tools

NMLS

MSB licensing

Job description

Description

CoinFlip is a global digital currency platform company focused on providing consumers with simple and secure access to buy and sell cryptocurrency. The company operates the world's largest network of cryptocurrency kiosks by transaction volume, with more than 5,500 kiosks across the U.S. states, Puerto Rico, Canada, Australia, New Zealand, South Africa, and Italy. CoinFlip’s digital currency kiosks make buying and selling major cryptocurrencies accessible for consumers who wish to purchase digital currency using cash.

CoinFlip also operates CoinFlip Preferred, a personalized over-the-counter service that provides investors with custom, white-glove support for their cryptocurrency transactions. In 2022, CoinFlip launched CoinFlip Ventures, an investment group offering coaching, funding, and networking support to early-stage crypto and web3 projects. We also offer the CoinFlip Crypto Wallet, a self-custodial cryptocurrency wallet available for iOS and Android devices.

CoinFlip was founded in 2015 by Daniel Polotsky, Kris Dayrit, Alan Gurevich, and Ben Weiss. Headquartered in Chicago, CoinFlip placed in the top 500 on the 2021, 2022, and 2023 Inc. 5000 list, and on the 2022 and 2023 Deloitte Technology Fast 500, was named the 2021 and 2022 #1 fastest-growing company in Chicago by Crain's, ranked in Chicago Tribune’s Top Workplaces in 2021 and 2022, and was awarded the 2021 and 2022 Stevie® Awards for Customer Service. To learn more about CoinFlip and how to get started on your digital currency journey, visit www.CoinFlip.tech.

The Licensing Manager will manage CoinFlip's licensing portfolio across federal, state, and local jurisdictions, including state Money Transmitter Licenses (MTLs), cryptocurrency-specific licenses (e.g., California's Digital Financial Assets Law and Illinois' Digital and Consumer Protection Act), and local business licenses required to operate Bitcoin ATM/cryptocurrency kiosks. This role is one of two primary points of contact for internal and external business partners and regulators on CoinFlip's licensing and regulatory compliance matters.

Responsibilities

• Serve as one of two primary points of contact for state and federal regulators, including assisting with and coordinating the company's response to regulatory examinations, inquiries, and requests for information.
• Manage the end-to-end lifecycle of CoinFlip's licensing portfolio, including completing detailed applications, managing bonds, drafting supporting correspondence, and compiling documentation for new licenses, renewals, and amendments across federal, state, and local jurisdictions.
• Own primary responsibility for municipal and local business licenses required to operate Bitcoin ATMs/cryptocurrency kiosks, including tracking jurisdiction-specific requirements, display requirements and renewal timelines as the kiosk network grows.
• Analyze and interpret state and federal licensing regulations (including state and/or federal cryptocurrency specific laws) in consultation with in-house counsel.
• Ensure the timeliness, completeness, and accuracy of every license application and submission.
• Maintain licenses after issuance in NMLS (National Mortgage Licensing System), including tracking renewal deadlines and filing required periodic and annual reports on the company's behalf.
• Act as an internal resource to research, interpret, and clarify licensing requirements as CoinFlip's product offerings and geographic footprint evolve.
• Partner with internal teams (legal, compliance, operations) and external stakeholders to gather documentation and prepare submissions, and to respond to regulator inquiries and information requests.
• Support compliance audits and assist with identifying and remediating potential licensing or compliance issues.
• Work with management to prepare company personnel and materials in advance of regulatory examinations, interviews, and investigations.
• eview pending and approved changes to licensing and regulatory requirements across jurisdictions relevant to Bitcoin ATM/cryptocurrency kiosk operations, and flag impact to internal stakeholders.
• Other duties as assigned.

Qualifications

• 5+ years of work experience in regulatory compliance and/or licensing.
• Experience with NMLS, state money transmitter licensing, MSB registration, or equivalent global licensing frameworks.
• Bachelor’s degree preferred.
• Experience in highly regulated industries is strongly preferred.
• Detail oriented with strong organizational skills, along with the ability to multi-task and manage deadline-driven projects.
• Excellent written and verbal communication skills.
• Start-up experience is a plus!

Nice to have

• Basic knowledge of cryptocurrency and blockchains.
• General passion and knowledge of fintech and cryptocurrency.

Compensation

• Annual Base Salary: $100,000 - $130,000 USD, pay will be based on experience

Working at CoinFlip means collaborating with experienced and innovative leaders who share a clear vision and a track record of success. We offer a collaborative and positive working environment where we encourage employees to balance productivity with time to recharge. Compensation is above and beyond a typical “startup” — we offer competitive salaries, performance-based incentives, and competitive benefits for full-time employees.

CoinFlip values diversity in the workplace and is an equal opportunity employer committed to providing an inclusive and accessible work environment. We thank all candidates who apply, but only those selected for an interview will be contacted.

By applying to this role, you give express consent to CoinFlip to send you informational text (SMS) messages regarding this role and the application process. You can cancel the SMS service at any time by replying "STOP" to the text message you received. If at any time you forget what keywords are supported, just reply "HELP." Message and data rates apply. If you require a special accommodation, please let us know and we’ll work with you to meet your needs.