Marqeta is on a mission to change the way money moves. We’re one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time. Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc). Today nearly 8 out of 10 Americans use a product powered by Marqeta every week. This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.
Marqeta’s Senior Compliance Assurance and Testing Manager , is a key management position within Marqeta’s Compliance department. The successful candidate is an experienced, motivated, and detail-oriented individual who can craft compelling narratives for Marqeta’s compliance assurance programs, understand the regulatory requirements across multiple products and jurisdictions, and work with control owners to monitor and test compliance with regulatory, contractual and network requirements. You will be responsible for assessing the effectiveness of highly complex controls that help ensure ongoing compliance with key laws, regulations and policies affecting Marqeta, its partner banks, and its customers.
We work Flexible First. This role can be performed remotely anywhere within the United States or from our Oakland, CA office. We’d love for you to join us!
What You’ll Do
- Develop and maintain an annual testing plan for the range of Marqeta products and services, including Payments, Lending, and Deposits
- Collaborate with the Chief Compliance Officer and provide strategic advice for compliance assurance
- Develop assurance approaches corresponding to scope of the targeted testing of controls
- Collaborate with the first line of defense to develop remediation plans to resolve control weaknesses identified through testing
- Track and validate the implementation of remedial actions submitted by the remedial actions owners to verify that issues were remediated
- Prepare review reports for Management that highlights the scope, testing approach, and the results of the review
- Promote proactive identification of regulatory risks and continuously improve execution of the testing plan
- Ensure the quality of work delivered by the testing team and timely escalation of issues encountered during the course of testing to the first line of defense and Senior Management
- Consistently monitor and assess external industry trends and regulatory environment to help shape Marqeta’s compliance assurance and testing program
- Proactively and continually assess opportunities for programmatic transformation, improvement and enhancement across all elements of our compliance program, including through evaluation of assurance, monitoring and remediation outcomes
- Deliver data-backed narratives and presentations to clearly communicate risks and findings to the Chief Compliance Officer and Senior Management
- Act as an advisor and provide guidance to business and infrastructure functions, as well as coordinate the collection of data and information in connection with assurance activities
- Participate in reporting and governance activities
What We’re Looking For
- 8+ years of regulatory compliance experience, preferably in a bank or FinTech environment
- Audit or compliance testing background and/or experience with banking/payments products and services
- Demonstrated ability to develop and maintain cross-functional working relationships
- Comprehensive knowledge of bank and/or payments laws, regulations, rules, guidance, and filing requirements
- Experience in the design and implementation of control tests across banking products and services
- Strong analytical skills and detail oriented
- Continuous improvement mindset
- Demonstrated effective verbal and written communication skills
- Strong technology skills
- Ability to work in a fast paced, demanding, and rapidly changing environment
- Ability to prioritize competing priorities in a logical manner
- Ability to work nights and weekends, when needed
Nice-To-Haves
- Certified Regulatory Compliance Manager certification
- Internal Audit or similar certifications
Your Manager
- Alan Carlisle
Typical Process
- Application submission
- Recruiter video call
- Hiring manager video call
- Virtual “Onsite” consisting of 4-5, 45 min calls
- Offer!
Compensation And Benefits
Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:
- National: A baseline tier that applies to most of the geographic territory of the United States.
- Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
- Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.
Visit this page or consult with a Recruiter to determine which tier would be applicable to you.
When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:
- National: $124,650 - $166,200
- Premium: $140,250 - $187,000
- Premium Plus: $155,850 - $207,800
We also believe in recognizing the contributions of our people. That's why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.
Along with monetary compensation, Marqeta offers
- Multiple health insurance options
- Flexible time off – take what you need
- Retirement savings program with company contribution
- Equity in a publicly-traded company and an Employee Stock Purchase Program
- Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
- Free therapy sessions, financial and professional coaching, and legal advice
- Monthly stipend to support our remote work model
- Annual “development dollars” to support our people growth and development
Equal Opportunity, Accommodations, and Privacy
Marqeta is proud to be an equal opportunity employer that gives consideration to all qualified applicants, irrespective of any characteristics protected by law. This includes (but is not limited to) race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, genetic information, color, ancestry, and Veteran status. We consider qualified applicants from all backgrounds, without regard to criminal histories, in accordance with applicable legal requirements.
Our dedication to diversity and inclusion extends beyond the categories above. Review Marqeta’s ESG Report to see that dedication in action. Fostering an environment where everyone feels valued and respected creates a stronger and more innovative team at Marqeta. We celebrate the unique contributions of each individual and empower all members of our organization. Join us in building a company where diversity thrives and everyone can be their authentic selves.
If you require reasonable accommodation for the application process and beyond, please submit this form and we will be more than happy to assist you. Marqeta will make reasonable accommodations for candidates when needed in accordance with applicable law. The Applicant and Candidate Privacy Notice applies to the personal data that you directly provide to us or that we collect during the application and candidate recruitment process.
