Product Risk & Compliance Strategist, Stripe
€83.2-124.8k
More information about location
A financial infrastructure platform for businesses
Open for applications
A financial infrastructure platform for businesses
1001+ employees
Open for applications
€83.2-124.8k
More information about location
1001+ employees
Company mission
To increase the GDP of the internet
Role
Who you are
- 8+ years of professional experience, preferably in Financial Services, Payments or Fintech industries
- 5+ years experience in a related role - risk, compliance and/or product enablement
- Experience in developing compliance and risk solutions and strategies and working with technical, product, engineering and operational teams to implement enforcement strategies
- Demonstrated expertise of regulatory compliance matters including, but not limited to: financial crimes, licensing requirements, regulatory reporting, financial product obligations, consumer compliance, conduct risk, complaints handling, money transmission / e-money rules
- Comfort with building or expanding on existing compliance program infrastructure to incorporate oversight of new products and services, including developing new processes and workflows
- Excellent collaboration and communication skills, with an ability to influence stakeholders across functions and borders
- Strong analytical and problem solving skills
- A results and action-oriented mindset and the ability to lead and motivate others
- The ability to take ownership - you are accountable and drive towards ambitious goals
- Comfort operating in an ambiguous & quickly changing environment with shifting priorities
Desirable
- Financial crimes compliance (AML / Sanctions), operational, regulatory, management consulting, or legal experience
- Proficiency in one of the following: card network rules and regulations, merchant acquiring rules and regulations, fraud, identity, credit, or liquidity risk
- ACAMS, CRCM or equivalent certification
- You are comfortable operating in SQL
- Advanced degree in law, business, policy or other related field
What the job involves
- We’re looking for a senior risk and compliance professional experienced in advising product, engineering, and operational teams on compliance, risk, and control development
- The Product Enablement and Risk Controls team is a global team of strategists and trusted advisors across products and markets who are embedded with Product and Eng teams at Stripe
- As part of this team, you will partner closely with cross-functional stakeholders to design and enhance Stripe’s products in a way that delights users, effectively manages relevant risks and meets all relevant regulatory compliance obligations
- You will embed with Stripe product teams, building new and innovative products to help to identify, track, and implement risk and compliance requirements, while supporting those teams in building and deploying controls to ensure ongoing risk management
- You will be a subject matter expert in Stripe’s risk policies that include areas such as fraud, credit, liquidity, partnership and brand risks
- You will provide expert guidance to the business and deploy appropriate risk and compliance strategies with product teams to protect and advance Stripe’s business, brand and mission, and instill user and partner trust
- Be embedded in Stripe’s Product Teams to drive compliance and risk strategy for company-level strategic initiatives - this includes scoping, design, and execution for supporting product launches
- Partner with internal stakeholders - product, eng, sales, partnerships, data science - to identify and build mitigations against risks associated with product initiatives
- Advise cross-functional teams as they design and implement workflows, tooling, and reporting
- Lead on applicable product governance efforts, including documenting compliance and risk requirements and tracking them through implementation
- Assess a product’s risk performance, and help develop and prioritize long-term strategic plans for future growth
- Perform analyses and research to inform decision-making, and improve observability in partnership with data science
- Interface with Stripe’s external partners with respect to compliance and risk obligations, and provide reporting on the status of Stripe’s programs as required
- Execute special projects/ad hoc analyses, as initiatives, products, risks, and opportunities are constantly evolving
- Continue learning about the payments space through industry engagement and independent research, and scale your knowledge to others
Our take
Stripe, nowadays a FinTech giant, spent the first few years since its founding building up its payments business, which primarily consisted of providing an API to eCommerce businesses so that they could easily integrate a payments option in their apps or websites, where before there was none.
More recently, Stripe has started to accelerate its growth with a significantly larger range of financial services including cash advances and credit cards. They also plan to build incorporation services, fraud protection, and more, diversifying its revenue away from payments and differentiating itself from its competitors.
To further expand its position, the company is looking to triple its presence in Ireland, and extend its services to countries with vast customer potential, including Brazil and India. Its latest venture, coming atop significant new funds, is to partner with OpenAI, the company behind ChatGPT - a win-win collaboration that will monetize OpenAI’s flagship products and at the same time enhance Stripe with GPT-4, as it moves forwards with intentions to "build the payments foundation for tomorrow's AI economy."
Freddie
Company Specialist at Welcome to the Jungle
Insights
Some candidates hear
back within 2 weeks
-5% employee growth in 12 months
Company
Funding (last 2 of 13 rounds)
Mar 2023
$6.5bn
GROWTH EQUITY VC
Mar 2021
$600m
SERIES H
Total funding: $8.7bn
Company benefits
- Unlimited paid time off policy
- Work from home opportunities
- Comprehensive mental, physical and medical health plans
- Fertility benefits and parental leave
Company values
- Built for builders - The best reason to work at Stripe is that you will have colleagues who support and challenge you to do the best work of your career. We combine a big-picture mindset with obsessive attention to the details, down to the last pixel, API parameter, and word.
- An environment of growth - We care about results more than CVs. We value managers who remain experts while developing talent and designing successful orgs. You can also have a big impact and advance far without managing anyone. We want you to take what you’ve been hired to do, and show us how it’s done – you might create something we never would have imagined. We have had account managers start a publishing arm, interns who have run business units, and hackathon participants who have built company-defining products.
- Fast-paced, detail oriented - We balance innovation with scrupulous attention to every bit and byte involved in the movement of money – because we can’t do our job well unless we do both. When we started, we emailed every API error to everyone at the company. Now, we have more than 250 million API requests a day – and we still care about each one.
- Voraciously curious - We wish there was a book that described what we need to do next (we’d even publish it), but since there isn’t, we all have to write it together. You will need to find answers to questions you’ve never been asked before. Sometimes, you will be the first person ever to contemplate a particular problem. We want people who devour books for fun and approach new challenges with eager curiosity.
Company HQ
SoMa, San Francisco, CA
Articles
Leadership
Patrick Collison
(Content Strategist)Studied maths at MIT before founding Stripe. Also on the board of the Long Now Foundation.
John Collison
(President)Studied at Harvard but dropped out to found Stripe.
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