Brex
Senior Compliance Manager, Bank Partnerships & Audits
Brex, Salt Lake City, Utah, United States, 84193
Why join us
Brex is the AI-powered spend platform. We help companies spend with confidence with integrated corporate cards, banking, and global payments, plus intuitive software for travel and expenses. Tens of thousands of companies from startups to enterprises - including DoorDash, Flexport, and Compass - use Brex to proactively control spend, reduce costs, and increase efficiency on a global scale.
Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We're committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.
Compliance at Brex The Compliance team helps the company grow responsibly, advocating for Brex and for the tens of thousands of growing businesses we serve. We own the compliance policies for Brex, provide strategic advice and guidance to all Brex teams, protect Brex from financial crime and other compliance risks, and represent the company externally on key regulatory and policy issues. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.
What you'll do As a Senior Compliance Manager at Brex, you will play a critical role in overseeing the development, implementation, and management of key elements of the compliance program at Brex, including risk assessments, training, policy governance, issue management, and vendor risk management. This position plays a critical role in identifying risks, improving processes, and ensuring that the organization remains compliant with financial regulations such as the SEC, FINRA, AML/KYC, FTC regulations, and other banking regulations. The role will report directly to Brex's Global Chief Compliance Officer.
ResponsibilitiesAct as the primary point of contact for bank partners and auditors, coordinate and track requests, and findings, and facilitate access to necessary information and documentation.Prepare and provide audit materials, including compliance reports, documentation, and evidence of adherence to regulatory requirements.Address audit findings and recommendations, developing, implementing, and tracking action plans to resolve issues and improve compliance practices.Stay updated on relevant regulations, industry standards, and best practices affecting bank partnerships and audit processes.Prepare regular reports on compliance status, audit findings, and action plans for senior management.Collaborate with other areas of the Compliance team, as well as Risk Operations and other departments to ensure a cohesive approach to compliance and audit management.Foster strong working relationships with banking partners and external auditors to support effective compliance and audit processes.Maintain accurate and up-to-date documentation related to compliance activities, external audits, and bank partnership agreements.Ensure that all compliance and audit records are organized and accessible for review and reference.Manage the implementation of workflow tools to support the tracking of bank Partnerships and external auditsManage due diligence and other requests related to new bank partnershipsRequirements
7+ years of experience in regulatory compliance in the financial industryProven experience in compliance management, audit support, or risk management, preferably within banking, financial services, or fintech.3+ years of experience managing internal stakeholdersExcellent project management and problem-solving skills with a strong knowledge of financial regulations.Exceptional communication and interpersonal skills, with the ability to collaborate effectively with bank partners, external auditors, and internal teams.Detail-oriented with strong organizational and project management abilities.Proficiency in implementing or leveraging compliance project management workflow tools is a plus.Cultural sensitivityAn eye for detailA hands-on approach, concise and straightforward styleA love for collaboration, teamwork, and delivering excellenceMust be willing to work in office 2 days per week on Wednesday and ThursdayBonus Points
Prior experience working in a compliance organization on either side of Banking-as-a-Service (BaaS) partnershipsPrior experience managing and/or implementing workflow tools
Compensation
The expected salary range for this role is $144,800 - $181,000. However, the starting base pay will depend on a number of factors including the candidate's location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.
Please be aware, job-seekers may be at risk of targeting by malicious actors looking for personal data. Brex recruiters will only reach out via LinkedIn or email with a brex.com domain. Any outreach claiming to be from Brex via other sources should be ignored.
Brex is the AI-powered spend platform. We help companies spend with confidence with integrated corporate cards, banking, and global payments, plus intuitive software for travel and expenses. Tens of thousands of companies from startups to enterprises - including DoorDash, Flexport, and Compass - use Brex to proactively control spend, reduce costs, and increase efficiency on a global scale.
Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry. We're committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream. We make this a reality by empowering you with the tools, resources, and support you need to grow your career.
Compliance at Brex The Compliance team helps the company grow responsibly, advocating for Brex and for the tens of thousands of growing businesses we serve. We own the compliance policies for Brex, provide strategic advice and guidance to all Brex teams, protect Brex from financial crime and other compliance risks, and represent the company externally on key regulatory and policy issues. Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.
What you'll do As a Senior Compliance Manager at Brex, you will play a critical role in overseeing the development, implementation, and management of key elements of the compliance program at Brex, including risk assessments, training, policy governance, issue management, and vendor risk management. This position plays a critical role in identifying risks, improving processes, and ensuring that the organization remains compliant with financial regulations such as the SEC, FINRA, AML/KYC, FTC regulations, and other banking regulations. The role will report directly to Brex's Global Chief Compliance Officer.
ResponsibilitiesAct as the primary point of contact for bank partners and auditors, coordinate and track requests, and findings, and facilitate access to necessary information and documentation.Prepare and provide audit materials, including compliance reports, documentation, and evidence of adherence to regulatory requirements.Address audit findings and recommendations, developing, implementing, and tracking action plans to resolve issues and improve compliance practices.Stay updated on relevant regulations, industry standards, and best practices affecting bank partnerships and audit processes.Prepare regular reports on compliance status, audit findings, and action plans for senior management.Collaborate with other areas of the Compliance team, as well as Risk Operations and other departments to ensure a cohesive approach to compliance and audit management.Foster strong working relationships with banking partners and external auditors to support effective compliance and audit processes.Maintain accurate and up-to-date documentation related to compliance activities, external audits, and bank partnership agreements.Ensure that all compliance and audit records are organized and accessible for review and reference.Manage the implementation of workflow tools to support the tracking of bank Partnerships and external auditsManage due diligence and other requests related to new bank partnershipsRequirements
7+ years of experience in regulatory compliance in the financial industryProven experience in compliance management, audit support, or risk management, preferably within banking, financial services, or fintech.3+ years of experience managing internal stakeholdersExcellent project management and problem-solving skills with a strong knowledge of financial regulations.Exceptional communication and interpersonal skills, with the ability to collaborate effectively with bank partners, external auditors, and internal teams.Detail-oriented with strong organizational and project management abilities.Proficiency in implementing or leveraging compliance project management workflow tools is a plus.Cultural sensitivityAn eye for detailA hands-on approach, concise and straightforward styleA love for collaboration, teamwork, and delivering excellenceMust be willing to work in office 2 days per week on Wednesday and ThursdayBonus Points
Prior experience working in a compliance organization on either side of Banking-as-a-Service (BaaS) partnershipsPrior experience managing and/or implementing workflow tools
Compensation
The expected salary range for this role is $144,800 - $181,000. However, the starting base pay will depend on a number of factors including the candidate's location, skills, experience, market demands, and internal pay parity. Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.
Please be aware, job-seekers may be at risk of targeting by malicious actors looking for personal data. Brex recruiters will only reach out via LinkedIn or email with a brex.com domain. Any outreach claiming to be from Brex via other sources should be ignored.