Associate, Licensing

At FS Vector, we’re building a team that’s as forward-looking as the products and services we deliver.

FS Vector is a strategic consulting firm for innovative financial services in a rapidly evolving industry and complex regulatory environment. Since its inception, we have served as a trusted partner at each stage of growth–from early-stage ventures to global organizations. We provide unique expertise at the intersection of financial services, technology, government, and innovation. Our team delivers a variety of resources our clients need in one firm.

We partner collaboratively with clients to build, expand, and secure their companies, products, and capabilities. Our team understands intimately how to effectively develop, scale, and comply because we have helped clients do so time and again. This role is part of the Licensing team at FS Vector, which works with clients to acquire and maintain state licenses as well as work strategically with clients to grow and scale its regulated businesses and products.

• Work with our licensing clients, covering a variety of areas. Focus on money transmission (fiat and crypto) and lending, as well as work on loan brokering, collections, mortgages, and other state registrations and license types.
• Prepare and compile state license applications with the ability to lead both license acquisition and maintenance projects.
• Advise clients to define their licensing and product development strategies and work closely with them to acquire and maintain their licenses on their behalf.
• Review/research applicable federal and state regulations and apply to clients’ products and services.
• Help clients with third party relationships and external stakeholders (regulators, auditors, law firms, surety bond providers, etc.).
• Help develop compliance and risk management programs, such as drafting compliance related policies and procedures, as well as the implementation of new compliance related processes.
• Participate in new product development and other projects that help clients leverage licenses and scale their regulated businesses.
• Assist with firm development and other strategic initiatives.

• Strong experience with the acquisition and maintenance of money transmission, lending, brokering, digital asset/crypto, and/or mortgage licenses.
• Experience with or a focused interest in acting as an advisor to innovative financial services companies.
• Understanding of non-bank financial services regulations, such as those related to money transmitters, lenders, and/or mortgage companies.
• Understanding of best practices applicable to the state licensing process.
• Knowledge of regulatory compliance, including financial crimes compliance (AML and sanctions), payments, consumer protection, and lending, is a bonus.
• Ability to work both independently and collaboratively in a fast-paced environment.
• A proactive and engaged self-starter who thrives in a fast-paced environment and is eager to contribute to the growth of our business.
• Ability to travel occasionally (~10%), primarily to our headquarters in Washington, DC, Chicago, or to clients.

• Minimum of 3 years of relevant licensing experience at a consulting firm, law firm (as a lawyer or paralegal), or financial services company.
• Ability to manage and execute a variety of client deliverables related to license acquisition and maintenance.
• Demonstrated familiarity with licensing tasks, including regulatory requirements, navigating the NMLS system, working with regulators and licensing project management.
• Strong organization and project management skills, and excellent attention to detail and accuracy.
• Strong desire to build subject matter expertise in the Fintech space.
• Strong aptitude for technology driven solutions.
• Must have experience working with the Nationwide Multistate Licensing System (NMLS)
• Strong organization and project management skills, and excellent attention to detail and accuracy.
• Ability to effectively interface with various levels of personnel is critical. Must be able to work independently and in a team setting.
• Must possess strong written and verbal communication skills.

FS Vector provides equal employment opportunities to all employees and applicants for employment. We prohibit discrimination and harassment of any kind based on race, color, sex, age, religion, gender identity or expression, sexual orientation, national origin, disability status, genetic information, pregnancy, or any other protected characteristic as outlined by federal, state, or local laws.