Director of Compliance, Ramp
$225.3-265k
Relocation support for NY
2+ days a week in office
Corporate cards and finance automation
Open for applications
Corporate cards and finance automation
501-1000 employees
Open for applications
$225.3-265k
Relocation support for NY
2+ days a week in office
501-1000 employees
Company mission
To help finance teams build healthier businesses.
Role
Who you are
- This role requires a deep understanding and familiarity with KYC/KYB, BSA/AML, sanctions, and related regulatory regimes
- You should have the ability to gauge and balance risk, to take on a variety of small and big tasks, and to independently drive a broad set of projects
- Minimum 6 years of experience in compliance or related operational teams
- Familiarity with KYC/KYB, BSA/AML, sanctions, EDD, and financial crimes compliance
- Experience building and scaling a compliance team
- Experience in the Fintech sector preferred
- Proven ability to understand complex business and regulatory issues and translate them into actionable guidance
- Excellent written and verbal communication skills
- Investigative and critical thinking skills
Desirable
- Accreditation by ACAMS, an equivalent industry body, or other qualifications in the areas of financial crime, risk management, or compliance
- Experience in high growth start-ups
- Experience at a fintech or helping to build complex financial products
- Experience supporting operations, growth & finance teams
What the job involves
- We are looking for a compliance professional to lead our Compliance Team
- You will own the policies, procedures, and technology stack for our compliance program, which spans numerous financial products in multiple jurisdictions
- You will work with partners in Legal, Risk, Product, and Marketing to provide operational support and oversight, and you will liaise with external financial institution partners and regulators
- You will also conduct financial crimes investigations and file required regulatory reports, and will work to identify and mitigate financial crime risks to Ramp’s business
- Conduct and operationalize KYC/KYB, enhanced due diligence, transaction monitoring, and suspicious activity investigations and reporting (SARs) and iterate and improve on these processes
- Partner with Risk, Legal, Product, and Engineering to build or integrate compliance tooling to increase operational efficiency
- Develop and refine compliance policies and procedures by leveraging experience, legal and regulatory guidance, and external and internal data
- Partner with data analysts to help develop KPIs and build monitoring dashboards
- Work with internal and external stakeholders to document processes, escalations, trainings, and updates across Ramp
- Program-manage relationships with financial institution partners
- Liaise and develop relationships with regulators, examiners, and auditors
- Conduct internal monitoring and audits of compliance functions pursuant to internal policy and external obligations
Our take
Ramp provides companies with a dual offering of corporate cards and a spending management dashboard. The dashboard allows companies to oversee their costs, automate manual accounting practices, reimburse out-of-pocket spending, and earn cashback on financial outlays.
Founded in 2019 and coming out of stealth in 2020, the company has already reached a valuation of a whopping $8.1 billion in early 2022. Its clients include several big-name companies including fast-growth health tech startup Ro, Planned Parenthood, and Truebill. 90% of its customers have made the switch from legacy players such as Expensify and Concur, showing that Ramp provides real customer value.
The team that built Ramp is the same one that launched the automated price tracking company Paribus before selling it to Capital One. It is now focused on scoping out more M&A opportunities and boosting its headcount to support investing in its software and going into new verticals.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
77% employee growth in 12 months
Company
Funding (last 2 of 8 rounds)
Apr 2024
$150m
SERIES D
Aug 2023
$300m
SERIES D
Total funding: $1.1bn
Company benefits
- Comprehensive medical, dental, and vision insurance
- One Medical Membership
- 401(k) including an employer match
- Unlimited PTO
- Parental leave
- Monthly wellness stipend
- WFH stipend
- Relocation support to move to NYC
- Pet Insurance
Company values
- We win when customers win
- Amp it up
- We're one team
- Ramp is built for everyone
- Take ownership
- Grow without fear
Company HQ
Ukrainian Village, New York, NY
Articles
Leadership
Eric Glyman
(CEO)Studied Economics at Harvard. Was a Trustee at Global China Connection for over 5 years, and then became a Financial Analyst working at Millstein & Co. Co-founded Paribus, which became Capital One.
Karim Atiyeh
(CTO)Studied Computer Science at Harvard, and became a Teaching Fellow. Worked in PowerPoint and Excel at Oliver Wyman. Became an Advisor at One Zero Capital. Founded and served as CTO to Paribus, later sold to Capital One.
Gene Lee
(Co-Founder)Studied at and became a Research Assistant at the University of Chicago. Was a Marketing Contractor at AdBlock and worked as a Software Engineer at BTCjam. Worked again as a Software Engineer at Paribus and then became Senior Engineering Manager at Capital One.
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