Head of Compliance

About Us:

We believe everyone deserves a chance to improve their financial future. We’re dedicated to building simple and inclusive financial products that help our members create healthy habits and achieve economic stability.

The Perpay team is a motivated group of creative problem solvers who love getting things done and making an impact. Located in Center City, Philadelphia, our one-of-a-kind space promotes a collaborative work environment, unites our team, and feels like a home away from home. As a certified B Corp, Perpay is committed to building a mission-driven culture that balances purpose and performance - Learn more.

Some things we’re excited about:

• $500 million in spending power used by our members
• Increasing members’ credit by 32 points (on average) within the first 3 months
• Backed by First Round Capital and JP Morgan

Products we’ve built to make an impact:

• Perpay Marketplace: Combines interest-free payments and modern e-commerce to reduce cost of ownership and promote healthy repayment behavior.
• Perpay+: Leverages Marketplace repayment history to help members monitor and build credit with all 3 credit bureaus.
• Perpay Credit Card: Expands access to the flexibility and benefits of a World Mastercard by removing common barriers like high security deposits and low approval odds.

About the Role:

As Head of Compliance at Perpay, you will lead the development, execution, and continuous improvement of our enterprise-wide Compliance Management System (CMS) in support of our mission to build inclusive financial products that improve the lives of our members. With the Perpay Credit Card, issued by Celtic Bank, and future innovations on the horizon, this is a high-impact leadership opportunity to shape how compliance enables responsible innovation.

You will serve as a strategic partner across Product, Engineering, Data Science, and Operations to find creative, compliant paths to bring new ideas to life—balancing consumer protection, regulatory expectations, and business growth. You will also lead our efforts to strengthen and scale our BSA/AML compliance framework in alignment with evolving risk profiles and bank partner requirements.

Our greatest strength is our people and we’d love for you to be one of them!

Why You'll Love It Here:

• Creative Influence: Help shape the future of financial products while building risk-aware and innovation-friendly solutions
• Leadership Opportunity: Define the vision and build the compliance function as Perpay scales its offerings and footprint
• Mission-Aligned Work: Ensure responsible access to credit for underserved consumers while maintaining regulatory integrity
• Collaborative Culture: Work cross-functionally with smart, mission-driven teams in a fast-paced, entrepreneurial environment

What You'll Do:

• Own the vision, design, and day-to-day operation of Perpay’s CMS, ensuring it evolves with regulatory expectations, business strategy, and partner bank standards
• Serve as the internal authority and advisor on compliance and BSA/AML matters, driving education, accountability, and alignment across all teams
• Build and lead a growing compliance team, setting clear priorities and scaling systems to support our expanding credit products
• Oversee critical CMS functions including Complaint Management, Vendor Oversight, Issue Management, Monitoring & Testing, and Compliance Training
• Develop, maintain, and oversee the execution of an effective BSA/AML program, including risk assessments, transaction monitoring, and suspicious activity reporting in collaboration with external partners
• Work cross-functionally to identify risks and creatively design compliant solutions that support new product initiatives and operational changes
• Monitor the regulatory environment for changes and lead implementation of new requirements with agility and precision
• Report regularly to executive leadership and the Board on key compliance and AML trends, risks, and program performance
• Interface with external partners, including bank partners, to represent the compliance function
• Cultivate a compliance-forward culture rooted in transparency, curiosity, and proactive risk mitigation

What You’ll Bring:

• 5+ years of leadership experience in compliance within a financial services or fintech environment, including direct experience with BSA/AML frameworks
• Strong knowledge of relevant consumer protection laws and regulations (e.g., TILA, ECOA, FCRA, UDAAP, GLBA), and how they apply to credit cards and bank-partnered fintechs
• Experience designing and implementing scalable compliance and AML processes in high-growth or entrepreneurial environments
• Proven ability to balance regulatory requirements with business innovation, providing actionable, creative guidance on new ideas and product launches
• Excellent communication and stakeholder management skills, with the ability to work cross-functionally and influence at all levels
• A pragmatic, proactive approach to compliance that focuses on finding solutions and building trust and relationships between internal stakeholders and external partners

Hey, we know not everybody checks all the boxes, so if you’re interested, please apply because you could be just what we’re looking for!

What We’ll Bring:

• Competitive salary + company equity
• 401k with company match
• Medical / Dental / Vision insurance
• Flexible Spending Account (FSA)
• Team member discounts 
• Relocation assistance
• Pre-tax commuter benefit
• Student loan repayment match
• Gym subsidy with City Fitness
• Cell phone plan
• Paid parental leave
• Unlimited PTO

Additional Perks:

• Opportunity to gain experience at one of the fastest-growing financial startups in the country
• Work on both e-commerce & fintech customer-facing products
• Collaborate cross-functionally with product, design, marketing, operations, data teams, and more

This is not a remote opportunity; it is 100% onsite (#LI-Onsite) (#LI-TH1) (#LI-AK1)

Perpay is proud to be an equal opportunity employer. We value diversity in all its forms and are committed to creating an inclusive environment. We do not discriminate on the basis of race, religion, color, national origin, gender identity, sexual orientation, sex (including pregnancy), marital status, political affiliation, age, veteran status, disability status or other non-merit factor. Please contact us at careers@perpay.com to request accommodation.