Senior Compliance Manager, Fintech Banking Products

1 hour, 51 minutes ago
Full-time
Lead
Legal
Toast

Toast

Toast is an all-in-one platform for restaurants, offering tableside ordering, online ordering, and labor management to empower businesses in the food service industry.

Hotels, Restaurants & Leisure
1K-5K
Founded 2012

Description

  • Oversee and implement the banking product-specific compliance management program within Toast’s Fintech Line of Business.
  • Identify, assess, and mitigate compliance risks and control gaps across product areas.
  • Advise on the development and enhancement of new and existing products to ensure regulatory compliance.
  • Review product marketing and content to identify compliance risks and recommend solutions.
  • Lead compliance committees and provide updates and escalations to senior leadership.
  • Support the Global Testing team in creating and executing product-specific compliance testing programs.
  • Partner with the Fintech business to develop and maintain compliance policies, procedures, controls, and strategies.
  • Develop and facilitate compliance training.
  • Support issue management processes for fintech banking products.
  • Monitor regulatory changes and support regulatory change management, reporting, partner reviews, vendor management, and bank partner escalations.

Requirements

  • Bachelor’s degree or certification required; CRCM preferred.
  • Typically 12+ years of related experience with a bachelor’s degree, or 8+ years with a master’s degree.
  • Direct experience managing compliance programs for banking products such as commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, bill pay services, stored value cards, or payments.
  • Experience in a compliance, risk, or audit role at a financial institution offering commercial and/or consumer non-investment banking products.
  • Fintech or payments industry experience preferred.
  • Experience maintaining fintech-oriented frameworks, bank partnerships, and third-party vendor programs.
  • Familiarity with operational processes and regulations related to banking products.
  • Ability to work well with ambiguity and synthesize large amounts of complex information.
  • CAMS certification preferred.
  • Money transmission experience preferred.

Benefits

  • Competitive compensation with a base salary range of $183,000-$293,000 USD for Zone A, $159,000-$254,000 USD for Zone B, and $143,000-$229,000 USD for Zone C.
  • Total rewards package that may include bonus/commissions if eligible and equity.
  • Comprehensive benefits program.
  • Hybrid work model that supports in-person collaboration and individual flexibility.
  • Accessible and inclusive hiring process with reasonable accommodations available for candidates with disabilities.

Interested in this position?

Apply directly on the company website

Apply Now

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