Third Party Compliance

July 12

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Column

WebsiteLinkedInAll Job Openings

51 - 200 employees

Founded 2020

🏦 Banking

💳 Fintech

☁️ SaaS

Description

• Execute the Bank’s Third-Party Compliance monitoring program to provide effective ongoing oversight of a portfolio of Column’s fintech partners. This includes establishing risk and compliance requirements, conducting testing, engaging regularly with partner stakeholders, monitoring new product development and strategic growth, and developing a deep understanding of the risks inherent in each partnership to ensure your partner-specific oversight plan effectively manages those risks. • Create effective and efficient methods for the execution of ongoing monitoring activities. This includes the identification of streamlined ways to receive timely reporting, metrics, and required deliverables from each partner. • Identify trends, outliers, and/or key risk indicators as part of monitoring activities. • Manage risk and compliance components of marketing reviews, product reviews, use case expansion for existing partners. • Stay closely engaged with industry and regulators relative to third-party risk best practices and key areas of risk and regulatory focus • Provide periodic reporting on key risk indicators and risk appetite metrics to Management • Partner closely with the business, finance, other risk leads, legal, compliance, and regulatory affairs to drive execution of the Bank’s overarching Third-Party Risk Management Framework

Requirements

• 5+ years of experience in dedicated risk management roles, with a specific focus on operational risk, regulatory compliance, and/or third-party risk management • Familiarity with the fintech-banking partnership model, and key risks and risk mitigation strategies relevant to the partnership model • Demonstrated project management skills and the ability to juggle execution across multiple partners/stakeholders • Meaningful experience with/exposure to enterprise risk management programs and additional risk stripes, including BSA/AML, information security, financial and capital risk, and/or operational risk • Familiarity with commercial banking products, relevant compliance requirements, and product-specific risks (e.g., lending, deposits, cross-border payments, etc.) • Fluency with key regulations, including those addressing Fair Lending, Privacy, Funds Availability, Truth in Lending, Electronic Funds Transfers, NACHA, E-Sign, UDAAP, and Prepaid Access, among others • Ability to clearly articulate and communicate requirements, expectations, observations, and identified risks with stakeholders • Excitement about working in a fast-paced, deeply cross-functional space

Benefits

• Comprehensive health, dental, and vision plans, including options that are 100% covered by Column for you and 50% covered for your dependents • FSA and HSA account options to enable use of pre-tax money for medical and dependent care expenses • 401k plan, including self-directed brokerage options • Flexible time-off policy - take the time off that you want and need to relax and recharge • 100% paid parental leave • Catered lunches and dinners for SF employees • Commuter benefits • Regular team building events, including annual offsite