Ramp

Compliance Specialist

New York, New York, United States

Ramp Logo
$104,000 – $159,000Compensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial Services, FintechIndustries

Requirements

Candidates must possess a minimum of 4 years of experience in compliance or related regulatory or operational teams, demonstrating familiarity with KYC/KYB, BSA/AML, sanctions, EDD, and financial crimes compliance. Strong written and verbal communication skills, along with investigative and critical thinking abilities, are essential.

Responsibilities

As a Compliance Specialist at Ramp, you will review escalations related to AML transaction monitoring and suspicious activity investigations, support compliance testing and reporting responsibilities with bank and card issuing partners, and work with the Head of Compliance to develop policies, procedures, and training. You will also conduct internal monitoring and audits of compliance functions, liaise with external financial institution partners and law enforcement or government agencies to fulfill reporting responsibilities, and handle multiple and fast-changing priorities.

Skills

KYC
KYB
BSA/AML
Sanctions
EDD
Financial Crimes Compliance
Investigative Skills
Critical Thinking
Communication Skills

Ramp

Corporate card and spend management platform

About Ramp

Ramp provides a corporate card and spend management platform that helps businesses track expenses and save money. The platform allows finance teams to manage corporate cards, expense reports, and bill payments in one place, and it integrates with tools like Slack for added convenience. Ramp serves a wide range of clients, from large enterprises to creative agencies, and aims to reduce overall expenses through its comprehensive financial tools. Unlike competitors such as Amex and Brex, Ramp generates revenue through interchange fees on card transactions and subscription fees for advanced features. The company's goal is to streamline financial operations for businesses and help them achieve significant cost savings.

Key Metrics

New York City, New YorkHeadquarters
2019Year Founded
$1,096.3MTotal Funding
SERIES_DCompany Stage
Fintech, Financial ServicesIndustries
1,001-5,000Employees

Benefits

Competitive salaries: You never have to wonder how your pay compares. Our generous comp reflects our belief that you’ll take Ramp to the next level.
Comprehensive health plans: US-based employees get full medical, dental, and vision insurance coverage. Everyone gets a monthly stipend for personal wellness.
Professional development: Take advantage of our annual education stipends to stay on top of your personal growth.
Unlimited PTO: Flexible vacation days give you the time to step away, unwind, and recharge.

Risks

Increased competition from fintech startups could challenge Ramp's market position.
Economic downturns may reduce business spending, affecting Ramp's revenue streams.
The volatile travel industry poses risks to Ramp's new travel booking services.

Differentiation

Ramp integrates with popular tools like Slack and Workday for seamless financial operations.
The platform offers advanced accounting automations, reducing manual work for finance teams.
Ramp's use of stablecoins and modern financial instruments sets it apart from competitors.

Upsides

Ramp's integration with Workday enhances real-time data syncing and accounting automation.
The partnership with Priceline expands Ramp's services into the growing business travel sector.
Ramp's recent $750 million funding boosts its capacity for innovation and market expansion.

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