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Global Assurance & Monitoring Specialist

$117,100- $175,600/ year
Posted Jul 10
Full Time
Remote

Who we are

About Stripe

Stripe is a financial infrastructure platform for businesses. Millions of companies - from the world’s largest enterprises to the most ambitious startups - use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.

 

About the team

We’re looking for an experienced risk and compliance specialist to join the Monitoring & Assurance Team, part of  the second line of defense for our regulated businesses in the US, playing a critical role in assuring the risk and compliance health of Stripe within the broader financial ecosystem.  In this role as part of our global team, you will support Stripe’s regulated entities across the globe, and other aspects of Stripe’s business as required. 

 

What you’ll do

The role provides an excellent opportunity for the right candidate to gain experience while developing and enhancing their skill set in risk and compliance management disciplines. The successful candidate will have a unique opportunity to gain wide ranging exposure to Stripe's diverse range of business lines, senior management and the governance and workings of the organization.

You will play a key role in ensuring that there is demonstrable, adequate, appropriate, proportionate and effective risk monitoring in place to monitor the management of key risks while also providing assurance to Stripe businesses, Stripe Senior Management and key stakeholders on the adequacy, effectiveness and robustness of Stripe’s risk management frameworks, policies, procedures, processes and controls.

To do this you will work across the business, completing control tests, executing other regulatory, compliance and policy reviews and general assurance activity and reporting on the outcome of that work.  

We work as one team across our business, so you will have the opportunity to liaise with colleagues in central Group functions, first line teams, Enterprise Risk, Compliance and Internal Audit teams.  

You will play a key role in working with colleagues across all three lines of defense, to help ensure that all assurance and monitoring activities result in effective combined assurance, eliminating duplication of assurance activities and resulting in meaningful oversight.  Oversight of issues arising from assurance and monitoring activities will be a key part of the role.

In this role you will help to ensure that Stripe continues to promote a culture of compliance and sound risk management by assisting with the development and delivery of the Monitoring & Assurance plan on an annual basis and the development of assurance frameworks and methodologies. You will support our programs for enterprise risk and compliance, ensuring that Stripe’s products, business and operations meet the applicable partner, legal and regulatory requirements, and Stripe’s obligations to its users and regulators.

 

Responsibilities

  • Carry out targeted assurance reviews to assess compliance with key partner and regulatory requirements
  • Execute control tests on controls that mitigate our key risks to ensure that they are adequately designed and operating effectively
  • Complete assessments of Stripe policies to evaluate if they are adequate and to determine compliance with the policies
  • Prepare reports for various stakeholders capturing the results of monitoring and assurance activities
  • Prepare packs for various Boards, committees and Risk Operating Groups
  • Contribute to compliance processes by identifying opportunities from assurance and monitoring activities for improved adherence to risk and compliance requirements and standards
  • Work with Risk and Control owners to implement remediation programs to address any deficiencies identified
  • Liaise with cross functional teams to ensure that all assurance and monitoring activities result in effective combined assurance, eliminating duplication of assurance activities and result in meaningful oversight
  • Assist with the preparation of the Annual Monitoring & Risk Assurance plan ensuring that there is adequate and proportionate assurance in key risk areas
  • Support the development and maintenance of risk assurance frameworks, methodologies and guidance and liaising with other assurance and monitoring teams to to ensure that they reflect the Global position and best practice
  • Staying abreast of developments in regulatory rules and good practice to ensure the Assurance and Monitoring Framework remains fit for purpose

 

Who you are

We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.

 

Minimum requirements

  • Working knowledge of risk and compliance assurance practices, and a good understanding of the risk and compliance issues that a company like Stripe faces
  • Good knowledge of the US regulatory environment for fintechs
  • 5-8 years experience in risk, audit or other control function-type functions in the financial services industry, preferably in fintech/payments
  • Strong understanding of industry practices and disciplines ideally having previously carried out assurance/monitoring reviews and/or audits
  • Strong critical thinking, analytical, and data-driven skills
  • High level of professionalism, demonstrating confident and consistent judgement and an ability to balance business needs with other priorities
  • Excellent cross-functional collaboration skills
  • Excellent reporting skills and be proficient in Microsoft office or Google suite of reporting tools
  • An aptitude for working in a regulated environment and for building compliance by design
  • An ability to find solutions to complex and hard problems and ability to turn incomplete, conflicting, or ambiguous inputs into solid action plans
  • The horsepower to work in an ambiguous, fast-paced environment and to balance multiple priorities and workstreams
  • Strong written and verbal communication skills, including the ability to communicate effectively with different stakeholders across the business
  • Excellent organizational and analytical skills, with a proven track record in meeting deadlines and performing under pressure
  • Ability to understand and interpret regulations, regulatory guidance and apply such in a practical manner in an operational environment 
  • Collaborative team player

 

Working remotely at Stripe

A remote location, in most cases, is defined as being 35 miles (56 kilometers) or more from one of our offices. While you would be welcome to come into the office for team/business meetings, on-sites, meet-ups, and events, our expectation is you would regularly work from home rather than a Stripe office. Stripe does not cover the cost of relocating to a remote location. We encourage you to apply for roles that match the location where you currently or plan to live.

 

Pay and benefits

The annual US base salary range for this role is $117,100 - $175,600. For sales roles, the range provided is the role’s On Target Earnings ("OTE") range, meaning that the range includes both the sales commissions/sales bonuses target and annual base salary for the role. This salary range may be inclusive of several career levels at Stripe and will be narrowed during the interview process based on a number of factors, including the candidate’s experience, qualifications, and location. Applicants interested in this role and who are not located in the US may request the annual salary range for their location during the interview process.

Additional benefits for this role may include: equity, company bonus or sales commissions/bonuses; 401(k) plan; medical, dental, and vision benefits; and wellness stipends.