ABOUT ASPORA

People on the move deserve a bank that moves with them. Since 2022, Aspora has been building a borderless financial operating system that makes money as mobile and transparent as its users.

Backed by influential venture capitalists like Sequoia Capital, Greylock Partners, Hummingbird Ventures, Y Combinator & Global Founders Capital. We’re a team of 75+ across India, the UK, the UAE, EU and the US, working with extreme ownership, radical candour, and an obsession with customer impact.

We celebrate builders who question assumptions, ship fast, and turn regulatory complexity into elegant solutions. If you’re driven to redefine what global banking can be, we’d love to build the future with you.

ABOUT THE ROLE

Aspora is live and scaling in the United States with an expanding consumer remittance product. We are now looking for our first dedicated US legal and compliance leader — someone to own the full spectrum of US regulatory obligations, provide hands-on legal support to the US business, and build the legal and compliance infrastructure that will underpin Aspora’s long-term growth in the market.

This is the most senior legal and compliance role in the US. Reporting to the Group CCO/Group General Counsel, you will be Aspora’s face to US regulators, the in-house authority on state and federal compliance and legal requirements, and the person who builds and runs the day-to-day compliance programme for the US entity. You will also have the opportunity to contribute to Aspora’s global legal work streams. You will operate with significant autonomy while being deeply integrated with the global legal and compliance leadership team.

The right candidate brings hands-on experience with FinCEN and state MTL regimes, and the ambition to grow into a broader leadership role as Aspora scales across corridors and products. This is not a monitoring role. It requires strategic judgement, regulatory credibility, commercial legal acumen, and ownership.

WHAT YOU’LL OWN

BSA/AML & FINCEN COMPLIANCE

– Design, implement, and maintain Aspora’s BSA/AML compliance programme for the US entity, in full compliance with FinCEN requirements and the Bank Secrecy Act

– Own the SAR and CTR filing process end-to-end — ensuring accuracy, timeliness, and defensibility

– Maintain and continuously strengthen the Customer Identification Programme (CIP), Customer Due Diligence (CDD), and Enhanced Due Diligence (EDD) frameworks

– Oversee OFAC screening, sanctions compliance, and adverse media monitoring for US customers and counterparties

– Lead the annual independent audit and periodic risk assessments of the BSA/AML programme

STATE MTL LICENSING & REGULATORY MANAGEMENT

– Manage Aspora’s Money Transmitter License portfolio across all active US states — including renewals, amendments, and new state applications as the business expands

– Serve as primary point of contact with state regulators (NMLS, DFS, DFPI, and equivalents) for examinations, information requests, and supervisory correspondence

– Monitor evolving state and federal MSB regulations and proactively assess and communicate their impact on Aspora’s operations

– Coordinate with external US counsel (currently Orrick and Sequoia’s legal network) on complex regulatory questions, licensing strategy, and examination support

– Oversee agent/partner due diligence and compliance requirements where Aspora engages third-party distribution or banking partners in the US

CONSUMER PROTECTION & CFPB COMPLIANCE

– Maintain Aspora’s compliance with applicable federal consumer protection laws — including the Remittance Transfer Rule (Regulation E), UDAAP standards, and CFPB supervisory expectations for non-bank payment companies

– Review and approve customer-facing disclosures, terms of service, and marketing materials for US regulatory compliance

– Manage the US consumer complaints process, ensuring resolution timelines and escalation protocols meet regulatory and best-practice standards

– Monitor CFPB guidance, enforcement actions, and rulemaking relevant to digital remittance providers and provide regular internal briefings

COMPLIANCE PROGRAMME OPERATIONS

– Build and maintain Aspora’s US compliance policies, procedures, and controls framework — keeping them current with regulatory changes and business evolution

– Design and deliver ongoing compliance training for US-facing staff and relevant global team members

– Operate as the compliance business partner to the US product, operations, and customer experience teams — advising on new product launches, feature changes, and operational decisions

– Build and maintain a US compliance risk register; track and escalate open items to the Group CCO

– Evaluate and manage compliance technology and vendor relationships (e.g. transaction monitoring, sanctions screening, ID verification).

Legal

– Review, draft, and negotiate key commercial agreements, including banking partner, payment processor, an