Senior Manager of Risk Operations, Rho

$158-180k

+ Equity

Senior and Expert level
New York

5 days a week in office (SoHo, NY)

Rho

Business banking platform

Open for applications

Rho

Business banking platform

201-500 employees

FintechB2BBankingPaymentsCredit cardsBookkeeping

Open for applications

$158-180k

+ Equity

Senior and Expert level
New York

5 days a week in office (SoHo, NY)

201-500 employees

FintechB2BBankingPaymentsCredit cardsBookkeeping

Company mission

To take the friction out of finances, and to prime their customers for success.

Role

Who you are

  • Bachelor’s degree in finance, law, business, cybersecurity, or a related field. Advanced degrees or certifications in risk management, compliance, or cybersecurity are a plus
  • 5+ years of hands-on experience in risk operations within a financial services, fintech, or cybersecurity-focused environment
  • Strong understanding of risk management principles and ability to interpret complex regulations
  • Deep understanding of key regulations and standards such as AML, BSA, NIST, PCI, and SOC2. Ability to interpret and apply these frameworks to real-world business challenges
  • Proven skills in managing projects, conducting audits, and ensuring follow-through on risk initiatives
  • Excellent communication skills with the ability to translate complex regulations into actionable guidance
  • Experience leading internal audits, managing diligence reporting, and liaising with auditors
  • Ability to train teams on risk management best practices, ensuring company-wide compliance
  • Experience with Vanta Strongly preferred
  • JD/Legal work experience Strongly preferred

What the job involves

  • We’re seeking a Sr Manager, Risk Operations to help us strengthen and streamline Rho’s risk management framework
  • In this role, you’ll be at the forefront of ensuring the security, compliance, and integrity of our platform business operations
  • You’ll collaborate with internal teams and external experts to evaluate and enhance our risk controls, guiding critical decisions that protect our business and customers
  • Your insights will have a direct impact on shaping policies, improving processes, and fostering a culture of security, compliance, and risk management at Rho
  • Join us in building a trusted financial platform for modern businesses
  • Maintain up-to-date risk policies and procedures that align with regulatory requirements
  • Collaborate with cross-functional teams to seamlessly integrate risk considerations into day-to-day business operations, empowering departments to make informed, risk-aware decisions
  • Lead audits and assessments to identify, evaluate, and mitigate risks, providing actionable insights
  • Proactively prepare the organization for substantial due diligence efforts from customers, partners, investors, and regulators by maintaining up-to-date documentation, implementing rigorous internal processes, and coordinating cross-functional teams to respond efficiently and comprehensively to all requests
  • Manage the end-to-end vendor due diligence process, coordinating with finance, legal, compliance, information security, and business teams to ensure thorough vetting and risk mitigation
  • Create and document clear, scalable guidelines for operations teams on compliance-related activities, ensuring processes are sustainable, efficient, and auditable
  • Foster a company-wide culture of compliance and security through training and engagement
  • Escalate significant compliance or security risks to senior leadership, ensuring timely mitigation

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Company

Company benefits

  • Medical, dental, and vision
  • Commuter benefits
  • Flexible work policy
  • Wellness perks

Funding (last 2 of 4 rounds)

Dec 2021

$75m

SERIES B

Jan 2021

$15m

SERIES A

Total funding: $97.2m

Our take

Rho was founded to address the growing need among small and medium-sized businesses for a unified solution to manage corporate spending and cash flow. Aiming to serve companies with 30 to 500 employees, Rho designed its platform to create seamless workflows across banking, corporate cards, and accounts payable.

The company introduced Rho AP, an accounts payable product, followed by a corporate card in partnership with Sterling Bank, enhancing its offering for businesses looking for efficiency in managing financial operations. With a clear focus on product strategy and growth, Rho has been expanding its team and integrating AI capabilities into its platform to stay ahead of the evolving fintech landscape.

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Freddie

Company Specialist at Welcome to the Jungle