Fintech Compliance Manager @Toast

[Hiring] Fintech Compliance Manager @Toast

Mar 20, 2025 - Toast is hiring a remote Fintech Compliance Manager. đź’¸ Salary: $112,000 - $179,000 usd. đź“ŤLocation: USA.

This description is a summary of our understanding of the job description. Click on 'Apply' button to find out more.

Role Description

This role involves maintaining the Fintech Compliance program for banking products through the management and enhancement of product-specific compliance programs.

  • Oversee and implement the banking product specific compliance management program within Toast's Fintech Line of Business.
  • Facilitate the identification, assessment, and mitigation of compliance risks and control gaps within the respective product areas.
  • Provide advisory support on the development of new products, and enhancement of existing products, to ensure regulatory compliance.
  • Lead relevant compliance committees, providing visibility to senior leadership, including escalations as needed.
  • Assist the Global Testing team in the creation and execution of product specific compliance testing programs.
  • Partner with the Fintech business on the creation and maintenance of regulatory compliance policies, procedures, controls, and strategies, while advising on emerging risks.
  • Develop and facilitate necessary compliance training.
  • Support and oversee the fintech banking issue management processes.
  • Monitor product specific regulatory changes and support regulatory change management processes.
  • Facilitate reporting to bank partners, partner reviews or testing, vendor management, and other administrative functions to support bank partner relationships and meet obligations.

Qualifications

  • Bachelor’s Degree or certification required (CRCM preferred).
  • Direct experience managing compliance programs for banking products, specifically, commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, billpay services, stored value cards payments, and consumer, etc.
  • Typically requires a minimum of 8 years of related experience with a Bachelor’s degree; or 6 years and a Master’s degree; or a PhD with 3 years experience; or equivalent experience.
  • 5+ years of experience in a compliance, risk, or audit role at a financial institution providing commercial and/or consumer non-investment banking products (Fintech or payments industry preferred).
  • Experience maintaining fintech-oriented frameworks, bank partnerships and third party vendors programs.
  • Familiarity with operational processes and regulations related to banking products.
  • Ability to work well with ambiguity and synthesize large amounts of complex information.
  • Strong communication skills (both written and verbal).

Requirements

  • CAMS (Nice-to-Have Skill).
  • Prior money transmission experience (Nice-to-Have Skill).

Benefits

We strive to provide competitive compensation and benefits programs that help to attract, retain, and motivate the best and brightest people in our industry. Our total rewards package goes beyond great earnings potential and provides the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs.

  • Base salary range: $112,000 — $179,000 USD.
  • Total rewards components include cash compensation (overtime, bonus/commissions if eligible), equity, and benefits.

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Fintech Compliance Manager @Toast
Finance / Legal
Salary đź’¸ $112,000 - $179,000 usd
Remote Location
USA
Job Type unspecified
Posted Mar 20, 2025
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đź“Ť Be aware of the location restriction for this remote position: USA
‼ Beware of scams! When applying for jobs, you should NEVER have to pay anything. Learn more.
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