Compliance Lead

We're building a bank for creators.

Your favorite digital creators—the ones you follow every day on YouTube, Instagram, TikTok or Twitch—aren’t just extraordinarily talented personalities and community builders. They’re also businesses. That means they have business needs—managing revenues, expenses, savings, credit, banking. We’re building products that help creators spend less time worrying about finances so they can focus on creating.

What You'll Do

• Serve as the company’s Compliance subject matter expert and act as a resource and leader as we continue to grow and plan to expand our product offering.
• Take Compliance programs from 0 to 1: from researching the regulatory landscape, to scoping requirements and building out tools and processes with our Engineering, Risk, Operations, and Growth teams.
• Develop internal resources and conduct trainings on Compliance policies and regulatory issues.
• Act as the lead and point of contact for all external-facing Compliance matters.
• Own risk assessments and develop processes for ongoing testing and monitoring.
• Build out a team to support ongoing Compliance work and scaling

What You'll Need

• Ability to learn quickly and an innate sense of ownership

• Strong user empathy and a natural sense for what makes a great product experience

• A history of building new policies and programs from scratch

• Demonstrated background collaborating with a variety of cross-functional teams

• 6+ years experience in a legal or compliance function dealing directly with payments, banking, and data privacy regulations and best practices: OFAC, BSA/AML, CCPA/CPRA, FCRA, TILA, ECOA, UDAAP

• Previous experience in a Fintech compliance role strongly preferred

• Bonus points for any of the following: 

  • Experience working with engineers and product teams
  • Experience at an early-stage startup
  • Experiencing building and leading teams
  • JD degree

We care far more about enthusiasm and raw potential than pedigree. If you don't necessarily meet all of these qualifications, please reach out! We're always on the search for great talent and would love to get to know you.

Applicants from underrepresented groups or unconventional backgrounds are strongly encouraged to apply.

Why Karat?

• Huge opportunity. The creator economy just flew past a $50b milestone despite zero infra for creator banking. It’s our race to lose.
• Fascinating problems. We reduce financial risk so creators can take creative risks. The work you do in building a creator bank quite literally impacts contemporary culture.
• The right team. We’ve worked at the largest investment banks (Goldman Sachs, Morgan Stanley), investment managers (Blackstone, TPG), and social networks (Instagram). We started this company to leverage our experiences to help creators.
• **Culture.**We love hanging out with board games, delicious dinners, and brisk hikes as much as we enjoy delving into personal philosophy, management theory, and nitty gritty business details. Don't be afraid to bring yourself to work!
• Resources and growth. We’re well capitalized from top investors like Signal Fire and Union Square Ventures; CEOs from YouTube, Twitter, Wealthfront, and CAA; and investors including Twitch co-founder Kevin Lin, Y Combinator, CRV, and Coatue. We keep a lean team, and this is a rare opportunity to join. You’ll learn a lot, build foundational products, and grow as our company scales.

Job Benefits:

• Competitive compensation and equity.
• Health insurance.
• Flexible and remote work culture.
• Meet with and build for your favorite creators.

We’re a distributed team. This is a full-time role open to anyone in North American time zones.