About the job
About Us:
At Novo, we recognize that small businesses are the heartbeat of the US economy, contributing nearly half of the GDP and the private workforce. Unfortunately, traditional banks often fall short in providing the essential access, support, and innovative tools that business owners require to thrive.
Our mission is to disrupt the conventional banking landscape by empowering modern entrepreneurs through a cutting-edge banking platform tailored specifically for small businesses (SMBs). We are committed to enhancing the financial landscape for entrepreneurs, freelancers, startups, and SMBs by offering an intuitive operating system that simplifies business banking. Our innovative bank accounts and tools are designed to save time and boost cash flow, featuring seamless integrations for tracking payments, facilitating international transfers, and managing business transactions effectively. In a short span, we have significantly impacted thousands of organizations by providing straightforward and effective business banking solutions.
Why Choose Novo?
Join a rapidly expanding Series B fintech startup driven by a mission-focused team dedicated to supporting every small business across America.
Be part of a positive, inclusive, and supportive culture that encourages your personal and professional growth.
Work with the latest technologies and architectural patterns.
We invest in your development with dedicated learning budgets to foster team bonding and individual growth.
Our offices are located in NYC and India.
Role Overview:
Conduct thorough reviews of marketing materials, customer communications, and operational processes to identify and mitigate compliance risks. Ensure compliance with UDAAP, TCPA, and CAN-SPAM regulations.
Evaluate the impact of emerging financial services regulations on Novo’s products and operations, and recommend necessary compliance actions.
Lead internal and external regulatory audits.
Manage the upkeep of corporate governance documents, and draft and implement compliance playbooks that outline legal frameworks for various product lines and services.
Ensure adherence to state-mandated commercial financing disclosure laws.
Assess regulatory risks associated with Novo’s digital banking products.

