What are the responsibilities and job description for the Director of Risk and Compliance position at Cataloupe, Inc.?
Cantaloupe, Inc. (“Cantaloupe”) is seeking a talented and motivated Director of Risk and Compliance. The Director of Risk and Compliance will report directly to Chief Legal Officer/Chief Compliance Officer. This position will function as an integral member of Cantaloupe’s Legal, Risk and Compliance team and will serve as a key business partner to Cantaloupe’s subsidiary companies. The Director of Risk and Compliance will be a self-starter who will utilize their experience (as further described below) to deliver true operational excellence and enhance Cantaloupe’s position in the marketplace.
Responsibilities
- Work with senior leadership and the Legal, Risk, and Compliance team to cultivate a “Tone at the Top” culture in the organization.
- Enhance existing methods for identification of potential threats to the organization, including those related to internal processes, people, systems, and external events.
- Assume a leadership role in the enhancement of Cantaloupe’s Business Continuity Plan (“BCP”) and related testing/validation activities.
- Organize and track risks based on nature and severity and lead a risk-based approach to mitigation of those risks.
- Regularly review and update risk assessments to reflect changes in the business environment and operations. Employ techniques including but not limited to control self-assessments and key risk indicators to identify and assess risks.
- Implement measures to prevent or minimize the occurrence of risks, such as policies, procedures, and systems.
- Implement Compliance testing to continuously monitor risks and controls to determine the effectiveness of existing risk mitigation strategies and controls.
- Participate in the design and implementation of new controls to address control gaps identified during risk assessment and Compliance testing activities.
- Oversee all risk management and policy compliance activities, including risks associated with governance and operations, as well as internal policy guidance.
- Regularly report on risk and compliance matters to senior leadership and other stakeholders.
- Provide compliance and risk guidance for business development activities.
- Offer Anti-Money Laundering and Sanctions compliance guidance and support to the organization, including the coordination of an annual AML and Sanctions Program risk assessment.
- Conduct research as needed on topics such as state and federal law and also card network operating regulations. Provide support to ensure compliance with relevant industry regulations and standards to mitigate potential violations.
Requirements
- Education: A bachelor's degree in a relevant field, such as business administration, finance, law, or a related field is required.
- Master's Degree and Certifications: Master's degree and/or relevant certifications (e.g., CAMS, COSO) preferred.
- Relevant Experience: A minimum of 7-10 years of experience in risk management practices and compliance functions is required. Ideally this experience is with a software, technology or payments company.
- Strong analytical and problem-solving skills for assessing and evaluating risks, identifying trends, and making informed decisions.
- Excellent communication and interpersonal skills to effectively communicate risk information to stakeholders at all levels of the organization.
- High level of attention to detail to ensure compliance with relevant laws, regulations, and industry standards.
- Ability to identify, analyze, and resolve complex problems related to risk and compliance functions.
- Ability to think strategically and develop effective risk management and compliance strategies.
- As part of our commitment to maintaining the highest standards of financial integrity, this position may also involve responsibilities related to SOX compliance.
Why choose Cantaloupe:
Cantaloupe, Inc. is a software and payments company that provides end-to-end technology solutions for self-service commerce. Cantaloupe is transforming the self-service commerce industry by offering one integrated solution for payments processing, logistics, and back-office management. The Company’s enterprise-wide platform is designed to increase consumer engagement and sales revenue through digital payments, digital advertising and customer loyalty programs, while providing retailers with control and visibility over their operations and inventory. As a result, customers ranging from vending machine companies to operators of micro-markets, car charging stations, laundromats, metered parking terminals, kiosks, amusements and more, can run their businesses more proactively, predictably, and competitively. For more information, please visit our website at www.cantaloupe.com.
We offer competitive benefits not just limited to compensation but also offer:
- Medical, Dental, & Vision Benefits coverage, plus additional benefits (Life Assistance Program, Financial Wellness, and Nutritional Counseling)
- 401(K) with discretionary employer match effective upon the first day of employment
- 18 days PTO (9) Observed Company Holidays
- Tuition Reimbursement