Compliance Advisory Manager (Debit/Prepaid)

Position Overview

• Location Type: Remote (Anywhere within the United States)
• Employment Type: [Not Specified]
• Salary: [Not Specified]

This role is the subject matter expert and face of Debit and Prepaid Compliance at Marqeta and with our issuing banks and debit/prepaid partners. The Compliance Advisory Manager (Debit/Prepaid) will be responsible for the implementation and monitoring of the company’s Compliance Management Program to ensure the bank is in compliance with its policies and procedures and with banking laws and regulations relevant to debit and prepaid card products. Excellent interpersonal skills and collaboration skills are a must as you collaborate with other internal departments (e.g., product, operations, legal) to ensure compliance across the organization and with partners and issuing Banks to ensure compliance across the product universe. The team is actively engaged in new product development at Marqeta and ensures our internal processes and the processes of our partners meet regulatory requirements.

Requirements

• Expertise in financial regulations
• Strong analytical skills
• Excellent interpersonal skills
• Collaboration skills

Responsibilities

• Stay up-to-date on relevant regulations and ensure the company's debit and prepaid card programs comply.
• Disseminate information regarding debit and prepaid compliance and upcoming regulatory changes to appropriate staff.
• Develop, implement, and maintain compliance policies and procedures for debit and prepaid card products.
• Review applicable operational playbooks, processes and procedures to ensure alignment with the regulation and policies.
• Identify, assess, and mitigate compliance risks associated with debit and prepaid card operations.
• Monitor compliance with regulations and policies, conduct/collaborate with audits, review applicable product complaints and investigate potential violations.
• Review and approve training programs to ensure employees understand their compliance responsibilities.
• Collaborate in the preparation and maintenance of accurate compliance documentation, dashboards and reports.
• Communicate with department managers regarding regulatory compliance, risk assessments, key controls and recommendations for compliance.
• Ensure compliance exceptions are adequately addressed by management and resolved timely.
• Assist with preparation of [Not Specified].

Company Information

• Company: Marqeta
• Team: Compliance Advisory Team
• Focus: Debit and Prepaid Compliance