Fintech Compliance Manager, Banking

2 Months ago • 8-8 Years • $112,000 PA - $179,000 PA

Job Summary

Job Description

Toast is seeking a positive and vibrant Manager to oversee and enhance the Fintech Compliance Program for banking products. This role involves managing the product-specific compliance programs for commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, billpay, and stored value cards. Key responsibilities include identifying and mitigating compliance risks, providing advisory support for new and existing products, leading compliance committees, assisting with testing programs, partnering with the Fintech business on policies and procedures, developing training, managing issue resolution, monitoring regulatory changes, and supporting bank partner relationships. Candidates should have a Bachelor's Degree or certification and direct experience managing compliance for banking products.
Must have:
  • Bachelor’s Degree or certification (CRCM preferred)
  • 8+ years of experience with Bachelor's or 6+ with Master's
  • 5+ years in compliance, risk, or audit at a financial institution
  • Experience maintaining fintech frameworks and bank partnerships
  • Familiarity with banking product regulations and processes
  • Strong written and verbal communication skills
Good to have:
  • CAMS certification
  • Prior money transmission experience
Perks:
  • Remote and hybrid work flexibility
  • Competitive compensation and benefits
  • Healthy lifestyle support
  • Flexibility for changing needs

Job Details

Toast offers remote and hybrid work flexibility. Our Legal & Compliance teams are primarily concentrated in Boston, Chicago, New York, Washington DC, and San Francisco. Candidates residing in these areas will benefit from closer proximity to colleagues and greater access to company resources and events.

Toast is driven by building the all-in-one restaurant platform that helps restaurants operate their business, increase sales, engage guests, and keep employees happy. The Toast Fintech Compliance  Program provides a compliance by design embedded approach to compliance program management , with an emphasis on product lifecycle management, while enabling the business to innovate and deliver quality products and solutions to serve our customers. 

Toast, Inc. seeks a positive and vibrant Manager to maintain the Fintech Compliance  program for banking products through the management, and enhancement, of the product specific compliance programs. Products in scope include: commercial deposit account, debit cards, prepaid payroll cards, earned wage access, billpay and stored value cards.  

 

About this roll* (Responsibilities)

  • Oversee and implement the banking product specific compliance management program within Toast's Fintech Line of Business. 
  • Facilitate the  identification, assessment, and mitigation of compliance risks and control gaps  within the respective product areas. 
  • Provide advisory support on the development of new products, and enhancement of existing products, to ensure regulatory compliance. . 
  • Lead relevant  compliance committees, providing visibility to senior leadership, including escalations as needed. 
  •  Assist the Global Testing team in the creation and execution of product specific compliance testing programs. 
  • Partner with the Fintech business  on the creation and maintenance of regulatory compliance policies, procedures, controls, and strategies, while advising on emerging risks.
  • Develop and facilitate necessary compliance training. 
  • Support and oversee the fintech banking issue  management processes.
  • Monitor product specific regulatory changes and support regulatory change management processes. 
  • Facilitate reporting to bank partners, partner reviews or testing, vendor management, and other administrative functions to support bank partner relationships and meet obligations. 

 

Do you have the right ingredients*? (Requirements)

  • Bachelor’s Degree or certification required (CRCM preferred).
  • Direct experience managing compliance programs for banking products, specifically,  commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, billpay services, stored value cards payments, and consumer, etc.
  • Typically requires a minimum of 8 years of related experience with a Bachelor’s degree; or 6 years and a Master’s degree; or a PhD with 3 years experience; or equivalent experience
  • 5+  years of experience in a compliance, risk, or audit role at a financial institution providing commercial and/or consumer non-investment banking products (Fintech or payments industry preferred) 
  • Experience maintaining fintech-oriented frameworks, bank partnerships and third party vendors programs.. 
  • Familiarity with operational processes and regulations  related to banking products. Ability to work well with ambiguity and synthesize large amounts of complex information.  
  • Strong communication skills (both written and verbal).

 

Special Sauce (Nice-to-Have Skills)

  • CAMS
  • Prior money transmission experience 

 

*Bread puns are encouraged but not required

 

Our Spread* of Total Rewards
We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. Learn more about our benefits at https://careers.toasttab.com/toast-benefits.

The base salary range for this role is listed below. The starting salary will be determined based on skills and experience. In addition to base salary, our total rewards components include cash compensation (overtime, bonus/commissions, if eligible), benefits, and equity (if eligible).

Pay Range
$112,000—$179,000 USD

 

Diversity, Equity, and Inclusion is Baked into our Recipe for Success

At Toast, our employees are our secret ingredient—when they thrive, we thrive. The restaurant industry is one of the most diverse, and we embrace that diversity with authenticity, inclusivity, respect, and humility. By embedding these principles into our culture and design, we create equitable opportunities for all and raise the bar in delivering exceptional experiences.

We Thrive Together

We embrace a hybrid work model that fosters in-person collaboration while valuing individual needs. Our goal is to build a strong culture of connection as we work together to empower the restaurant community. To learn more about how we work globally and regionally, check out: https://careers.toasttab.com/locations-toast.

Apply today!

Toast is committed to creating an accessible and inclusive hiring process. As part of this commitment, we strive to provide reasonable accommodations for persons with disabilities to enable them to access the hiring process. If you need an accommodation to access the job application or interview process, please contact candidateaccommodations@toasttab.com.

------

For roles in the United States, It is unlawful in Massachusetts to require or administer a lie detector test as a condition of employment or continued employment. An employer who violates this law shall be subject to criminal penalties and civil liability.

Similar Jobs

Riot Games - Senior Technical Artist (Rendering) - VALORANT, UI/UX

Riot Games

Los Angeles, California, United States (On-Site)
7 Months ago
Playtika - Technical Account Manager

Playtika

Poland (On-Site)
8 Months ago
Zinnia - Senior Manager, Client Partner

Zinnia

New York, New York, United States (Hybrid)
1 Month ago
PwC - Associate-CA fresher-TC

PwC

Kolkata, West Bengal, India (On-Site)
10 Months ago
GoTo Group - Data Engineer Lead

GoTo Group

Jakarta, Jakarta, Indonesia (On-Site)
4 Months ago

Get notifed when new similar jobs are uploaded

Similar Skill Jobs

Side - IT Helpdesk

Side

São Paulo, State Of São Paulo, Brazil (On-Site)
3 Weeks ago
BioFire - Key Account Specialist

BioFire

Lombard, Illinois, United States (Hybrid)
1 Month ago
WongDoody - (CX) Customer Experience Consultant

WongDoody

Melbourne, Victoria, Australia (On-Site)
3 Months ago
Cygames - Web Designer / Tokyo

Cygames

Tokyo, Japan (On-Site)
3 Weeks ago
Varonis  - Alliance Marketing Manager

Varonis

United States (Remote)
2 Months ago
Globalization Partners - Software Engineering Manager

Globalization Partners

Ireland (Remote)
2 Months ago
oportun - Software Engineer

oportun

Mexico (Remote)
4 Weeks ago
Playtika - Live Ops/Monetization Specialist

Playtika

Netherlands (Hybrid)
7 Months ago
Trek - Service Lead

Trek

Sheffield, England, United Kingdom (On-Site)
3 Weeks ago
Epic Games - Senior Gameplay Systems Programmer

Epic Games

Montreal, Quebec, Canada (On-Site)
6 Months ago

Get notifed when new similar jobs are uploaded

Jobs in United States

Everlaw - Software Engineer, Developer Experience

Everlaw

Oakland, California, United States (Hybrid)
1 Month ago
Match Group - Sr. Anti Abuse Analyst

Match Group

Los Angeles, California, United States (Hybrid)
6 Months ago
Luma - Product Manager - Creative Capabilities

Luma

Palo Alto, California, United States (Hybrid)
3 Weeks ago
Enphase Energy - Senior IT Desktop and Network Support Engineer

Enphase Energy

Austin, Texas, United States (On-Site)
3 Weeks ago
Postman - Senior Data Analyst

Postman

San Francisco, California, United States (Hybrid)
3 Months ago
bytedance - Machine Learning Engineer Intern

bytedance

San Jose, California, United States (On-Site)
3 Months ago
Abridge - Program Manager, Clinician Onboarding

Abridge

United States (Remote)
1 Month ago
WebMD - Software Development Engineer in Test (SDET)

WebMD

Portland, Oregon, United States (On-Site)
1 Month ago
Snap Mobile INC - Account Executive

Snap Mobile INC

Rochester, Michigan, United States (On-Site)
3 Months ago

Get notifed when new similar jobs are uploaded

Similar Category Jobs

Looks like we're out of matches

Set up an alert and we'll send you similar jobs the moment they appear!

About The Company

Dublin, County Dublin, Ireland (Hybrid)

New York, United States (Remote)

New York, United States (Hybrid)

United States (Remote)

Santa Barbara, California, United States (Hybrid)

Ocean Springs, Mississippi, United States (Hybrid)

Toronto, Ontario, Canada (Hybrid)

London, England, United Kingdom (Hybrid)

Port St. Lucie, Florida, United States (Hybrid)

View All Jobs

Get notified when new jobs are added by Toast

Level Up Your Career in Game Development!

Transform Your Passion into Profession with Our Comprehensive Courses for Aspiring Game Developers.

Job Common Plug