Payments Risk & Compliance Executive

SWBC; Shavano Park (TX); On-site; USD 180,000 - 280,000; Full time

Benefits offered by this job

Competitive compensation

Career growth

Leadership development

Wellness program

401(k) plan

Job summary

SWIVEL seeks a VP, Payments Risk & Compliance to report to the COO and lead a team responsible for governance, risk, and compliance for its payment processing products and services. You will mentor department leaders to implement policies and procedures that meet contractual obligations and regulatory requirements, and oversee risk controls documentation and audits.

Responsibilities include building the Payment Enterprise Compliance program, managing regulatory, sponsor bank, and internal

Qualifications

• Ten years of compliance and risk management experience in financial services or fintech.
• Experience leading compliance programs and product controls in a fast-paced environment.
• Understanding of regulated vs unregulated models, AML checks, and regulatory requirements.

Responsibilities

• Creates and maintains the Payment Enterprise Compliance program and policy development for GRC.
• Lead audits: regulatory, sponsor bank, internal and independent reviews.
• Develops internal controls, policies, procedures, and training for compliance with laws and standards.
• Collaborates cross-functionally to ensure company-wide compliance for payment initiatives.
• Reviews contracts, websites and marketing for compliance-related disclosures.
• Works with Fraud and Product teams on KYC/OFAC policies and information sharing.
• Keeps current with state and federal regulations, Visa/MC, NACHA rules, licensure and third-party requirements.
• Responds to compliance inquiries from partners and internal teams.
• Maintains licensing obligations including yearly audits and updates.
• Creates roles for compliance teams and supports transition to independent departments.
• Conducts risk assessments and compliance reviews; supports remediation efforts.
• Coordinates Payments Compliance training with HR and staff development.
• Ensures SAR/SIR/OFAC reporting; oversight by CRC and related committees.

Skills

Regulatory compliance

Risk management

AML/BSA

KYC/OFAC

Audits

Policy development

Job description

SWIVEL seeks a VP, Payments Risk & Compliance to report to the COO and lead a team responsible for governance, risk, and compliance for its payment processing products and services. You will mentor department leaders to implement policies and procedures that meet contractual obligations and regulatory requirements, and oversee risk controls documentation and audits.

Responsibilities include building the Payment Enterprise Compliance program, managing regulatory, sponsor bank, and internal