Senior Compliance Risk Manager - Product Compliance, Payments
MercurySalary not specified
- Full Time
- Senior (5 to 8 years)
Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, BankingIndustries
Requirements
Candidates should possess a Bachelor’s degree in Finance, Law, or a related field, with a minimum of 7 years of experience in compliance, risk management, or regulatory affairs within the payments industry, specifically related to debit and prepaid cards. Strong knowledge of US and international banking regulations, including those governing debit and prepaid products, is essential, along with demonstrated expertise in financial regulations and risk management.
Responsibilities
As the Compliance Advisory Manager, you will be responsible for implementing and monitoring Marqeta’s Compliance Management Program to ensure adherence to banking laws and regulations. You will serve as the subject matter expert for Debit and Prepaid Compliance, collaborating with internal departments and external partners to ensure compliance across the product universe. This includes staying up-to-date on relevant regulations, developing and maintaining compliance policies and procedures, identifying and mitigating compliance risks, conducting audits, reviewing complaints, and assisting with training programs. Furthermore, you will communicate compliance requirements to management and prepare compliance documentation and reports.
Skills
Financial regulations
Risk management
Analytical skills
Regulatory compliance
Interpersonal skills
Collaboration
Legal engagement
Product compliance
Audit and issue management
Marqeta
Card issuing and payment processing solutions
About Marqeta
Marqeta provides modern card issuing and payment processing solutions in the fintech sector. Its platform allows businesses to create, issue, and manage payment cards tailored to their specific needs, such as expense management and consumer payments. The service operates through an open API, enabling clients to integrate Marqeta's capabilities into their own applications. This flexibility sets Marqeta apart from competitors, as it caters to a diverse range of clients, including financial institutions and tech companies. The company generates revenue primarily through transaction fees each time a card is used, along with potential setup and service fees. Marqeta's ability to quickly adapt to the growing demand for digital payments, especially during the COVID-19 pandemic, has contributed to its significant presence in the market.
Key Metrics
Oakland, CaliforniaHeadquarters
2010Year Founded
$526.5MTotal Funding
IPOCompany Stage
Fintech, Financial ServicesIndustries
501-1,000Employees