Who We Are
Cross River is a highly profitable, fast-growing financial technology company powering the future of financial services.
Our comprehensive suite of innovative and scalable embedded payments, cards, and lending products deliver financial services for millions of businesses and consumers around the globe.
Cross River is backed by leading investors and serves the world's most essential fintech and technology companies.
Together with its partners, Cross River is reshaping global finance and financial inclusion.
We are on a mission to build the infrastructure that propels access, inclusion, and the democratization of financial services.
While our company has tripled in size over the last three years, our strong sense of purpose led Cross River to be named to American Banker's list of Best Places to Work in Fintech for the last 6 years.
The reason for this success is simple – our nimble and collaborative family culture lives in every member of our growing team.
Together we are at the forefront of technology and innovation, and we invite passionate, collaborative, and motivated high performers to join our expanding team.
What We're Looking For
Cross River's Compliance team makes sure that our business is always consistent with current regulations, and as Senior Regulatory Counsel, you play a key role.
We are looking for a highly qualified Legal Counsel to oversee the legal aspects of our business.
You will safeguard our reputation by guaranteeing that the company strictly follows law guidelines and give legal advice to management about all relevant issues.
The Compliance team cares about results, not activity, and we have fun doing it.
If you like challenging problems, are analytical, and a great team player—we want to hear from you!
Responsibilities:
Assist and provide clear and concise legal and regulatory advice and support to Bank management and all Bank business and control functions on all aspects of:
General U.S. banking laws, regulations and related guidance
Financial crime compliance laws and regulations (e.g., BSA/AML and OFAC sanctions)
Supervision and enforcement matters
Third-party risk management
Prepare, file, track, and assist with all regulatory applications and notices, and work on post-approval integration matters relative to the application or notice.
Engage with the Project Management Office to ensure timely execution against regulatory commitments and deliverables.
Monitor and advise on the scope and impact of regulatory changes to all applicable bank laws, regulations and guidance (proposed and finalized) on internal policies, controls and compliance.
Research and evaluate different risk factors regarding business decisions and operations.
Apply effective risk management techniques and offer proactive advice on possible legal issues.
Communicate and negotiate with external parties (regulators, external counsel, public authority etc.
), creating relations of trust.
Draft and solidify agreements, contracts and other legal documents to ensure the company's full legal rights.
Deal with complex matters with multiple stakeholders throughout Internal and External partners.
Provide clarification on legal language or specifications to everyone in the organization.
Maintain current knowledge of alterations in legislation.
Qualifications:
6+ years' experience as an attorney (minimum of 3 years in regulatory compliance)
Excellent knowledge and understanding of corporate law and procedures
Full comprehension of the influences of the external environment of a corporation
High degree of professional ethics and integrity
Sound judgement and ability to analyze situations and information
Juris Doctorate degree required, along with admission to a US State Bar
MA or LLM will be considered an advantage
Salary Range: $250,000.00 - $300,000.00
Cross River is an Equal Opportunity Employer.
Cross River does not discriminate on the basis of race, religion, color, sex, gender identity, sexual orientation, age, non-disqualifying physical or mental disability, national origin, veteran status or any other basis covered by appropriate law.
All employment is decided on the basis of qualifications, merit, and business need.
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