Third Party Compliance

About Column

For companies building financial technology and transforming the financial services space, the biggest bottleneck to their growth and innovation is often the underlying banks and infrastructure stack they rely on. We have spent our careers founding and scaling companies like Plaid, Square, SoFi, Blend, and Affirm, and have seen this problem firsthand — builders and developers needing to partner with traditional banks, and creating API and abstraction layers over the patchwork that is the bank, its core, and many other vendors. All of this results in a complex (and often expensive) banking supply chain involving a user, fintech, BaaS middleware provider, bank, core and the Federal Reserve.

At Column, we set out to simplify and fix this. We are a bank and a software company built from the ground up, offering builders and developers technology-forward banking solutions that cut out the hundreds of vendors, middleware providers, and abstraction layers. This means a safer, more transparent, and less costly banking supply chain. Come build with us!

The opportunity

In Column’s Third Party Compliance role, your mandate is to scale and operationalize the Bank’s Partner oversight and monitoring program. The regulatory landscape for fintech-banking partnerships is evolving daily, and there is no one-size-fits-all roadmap for partner oversight. Column is committed to executing a best-in-class program - as a result, this role requires creativity, a deep understanding of regulatory expectations, and a unique ability to manage risk while executing a methodical and scalable approach to partner oversight. Implementing a rigorous Third-Party Compliance program is critical to the success of Column’s business model and strong ongoing management of its partnership business, and this role will have an opportunity to meaningfully influence the Bank’s risk and strategic oversight of the partnership portfolio.

This position will report to the Bank’s Head of Risk Operations. This role can be in-person in our Presidio-based office in San Francisco, or remote with frequent travel.

What you’ll do

• Maintain and build an ongoing engagement model with the Bank’s partners and stakeholders

• Partner closely with the business, finance, other risk leads, legal, compliance, and regulatory affairs as part of the execution of the Third-Party Risk Management Framework

• Execute the Bank’s Third-Party Compliance monitoring program to provide effective ongoing oversight of banking partners

• Create effective and efficient methods for the execution of ongoing monitoring activities. This includes the identification of streamlined ways to receive timely reporting, metrics, and required deliverables from each partner.

• Identify trends, outliers, and/or key risk indicators as part of monitoring activities.

• Stay closely engaged with industry and regulators relative to Third-Party risk best practices and key areas of risk and regulatory focus

• Provide periodic reporting on key risk indicators and risk appetite metrics to Management

What you’ll need to be successful

• 7+ years of experience in dedicated risk management roles, with a specific focus on operational risk, regulatory compliance, and/or third-party risk management

• Familiarity with the fintech-banking partnership model, and key risks and risk mitigation strategies relevant to the partnership model

• Demonstrated project management skills and the ability to juggle execution across multiple partners/stakeholders

• Meaningful experience with/exposure to enterprise risk management programs and additional risk stripes, including information security, financial and capital risk, and/or operational risk

• Deep understanding of commercial banking products, relevant compliance requirements, and product-specific risks (e.g., lending, deposits, cross-border payments, etc.)

• Fluency with key regulations, including those addressing Fair Lending, Privacy, Funds Availability, Truth in Lending, Electronic Funds Transfers, NACHA, E-Sign, UDAAP, and Prepaid Access, among others

• Ability to clearly articulate and communicate requirements, expectations, observations, and identified risks with stakeholders.

What you’ll get from us

• Comprehensive health, dental, and vision plans, including options that are 100% covered by Column for you and 50% covered for your dependents

• FSA and HSA account options to enable use of pre-tax money for medical and dependent care expenses

• 401k plan, including self-directed brokerage options

• Flexible time-off policy - take the time off that you want and need to relax and recharge

• 100% paid parental leave, including 16 weeks for birth mothers, 12 weeks for primary caregivers, and 8 weeks for secondary caregivers

• Catered lunches and dinners for SF employees

• Commuter benefits

• Regular team building events, including annual offsite

Pay transparency

The annual base salary range for this position is $145,000 - $200,000, exclusive of equity compensation and benefits.

The range provided may be inclusive of several career levels at Column, and will be narrowed during the interview process based on a number of factors including, but not limited to, the candidate’s skill sets, experience, licensure and certifications, location, and other business and organizational needs.

We look forward to hearing from you

Column is committed to working with the best and brightest people from the broadest talent pool possible. We value bringing together a team with different perspectives, educational backgrounds, and life experiences, and believe a diversity of ideas is what allows us to develop the best solutions. All qualified individuals are encouraged to apply.

If you need assistance or a reasonable accommodation during the application and recruiting process, please reach out to accommodations@column.com.

We participate in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program here.