What are the responsibilities and job description for the Head of Regulatory Compliance Reporting position at Rippling?
About Rippling
Rippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. For the first time ever, you can manage and automate every part of the employee lifecycle in a single system.
Take onboarding, for example. With Rippling, you can hire a new employee anywhere in the world and set up their payroll, corporate card, computer, benefits, and even third-party apps like Slack and Microsoft 365-all within 90 seconds.
Based in San Francisco, CA, Rippling has raised $1.2B from the world's top investors-including Kleiner Perkins, Founders Fund, Sequoia, Greenoaks, and Bedrock-and was named one of America's best startup employers by Forbes.
We prioritize candidate safety. Please be aware that all official communication will only be sent from [redacted] addresses.
About the role
The Head of Regulatory Compliance Reporting - Money Transmission License ("MTL") will develop and oversee a robust regulatory reporting framework to ensure our compliance with MTL requirements across multiple jurisdictions. You will design, implement, build and manage Rippling's regulatory reporting function, to ensure that our processes, frameworks and controls are maintained to the required standards. This role requires strategic leadership, a deep understanding of US MTL regulations, and close collaboration with Compliance, Legal, Finance, Data and R&D teams. Knowledge of FINTRAC, CBI or FCA regulatory requirements are a plus.
What you will do
- MTL Compliance and Reporting : Develop and enhance regulatory reporting processes to ensure best-in-class MTL compliance with a focus on ensuring timely and accurate submissions. Monitor for, and interpret changes in regulations and communicate their impact to relevant stakeholders.
- Risk Assessment and Mitigation : Identify, assess, and manage compliance risks associated with MTLs. Implement monitoring mechanisms to ensure ongoing regulatory adherence and prevent compliance gaps.
- Cross-functional Collaboration : Partner with Product, Engineering, Legal and Finance teams to integrate MTL regulatory requirements into product design and operations. Act as a primary point of contact for MTL regulatory inquiries.
- Data Management and Analysis : Oversee data collection and validation for regulatory filings, driving efficiencies through automation where possible.
- Policy Development and Training : Create, document, and maintain policies and procedures related to MTL reporting. Conduct training sessions to increase awareness of MTL requirements across departments.
What you will need
Additional Information
Rippling is an equal opportunity employer. We are committed to building a diverse and inclusive workforce and do not discriminate based on race, religion, color, national origin, ancestry, physical disability, mental disability, medical condition, genetic information, marital status, sex, gender, gender identity, gender expression, age, sexual orientation, veteran or military status, or any other legally protected characteristics, Rippling is committed to providing reasonable accommodations for candidates with disabilities who need assistance during the hiring process. To request a reasonable accommodation, please email [redacted]
Rippling highly values having employees working in-office to foster a collaborative work environment and company culture. For office-based employees (employees who live within a 40 mile radius of a Rippling office), Rippling considers working in the office, at least three days a week under current policy, to be an essential function of the employee's role.
This role will receive a competitive salary benefits equity. The salary for US-based employees will be aligned with one of the ranges below based on location; Tier 1 - San Francisco Bay Area / New York City Metro, Tier 2 - Austin, Texas.
A variety of factors are considered when determining someone's compensation-including a candidate's professional background, experience, and location. Final offer amounts may vary from the amounts listed below.
li-hybrid #li-remote
The pay range for this role is :
160,000 - 240,000 USD per year (Tier 1)
145,000 - 215,000 USD per year (Tier 2)
Salary : $145,000 - $215,000
