Senior Manager of Compliance Operations, Rho
$142-168k
+ Equity
Business banking platform
Be an early applicant
Business banking platform
201-500 employees
Be an early applicant
$142-168k
+ Equity
201-500 employees
Company mission
To take the friction out of finances, and to prime their customers for success.
Role
Who you are
- 5+ years managing a similar compliance function with a strong, “SME status” understanding and focus on BSA/AML, financial crimes, and banking/fair lending regulations within the banking, fintech, or financial services industry
- Experience collaborating on decisions and solutions with a team of compliance professionals and working with Executives and Cross-functional stakeholders to drive solutions
- Ability to lead from the front and execute in a fast-paced environment
- Extensive experience enhancing digital frameworks for AML/BSA risk at a bank or fintech and building out compliance monitoring, testing, and reporting
- Experience building and scaling a Third Party Risk Management program
- Experience creating functional and organizational processes and using data to meet compliance and regulatory requirements that can scale with growth
- Excellent analytical skills with the ability to identify issues, analyze data, and make sound recommendations
- Highly detail-oriented with strong organizational skills
- Ability to meet strict regulatory requirements while balancing product and customer experience
- Prior experience in a senior compliance role at a bank, fintech, or other financial services required
- Relevant certifications preferred (e.g., CAMS, CRCM, CFE)
What the job involves
- We’re looking for an experienced, hands-on Senior Manager Compliance Operations to help build out our existing compliance program and be a leader on the team. This is a great opportunity to take the lead in enhancing our program, policies, and procedures, both in-product and behind the scenes.
- Working primarily with our compliance team, partner banks, vendors/apps, and other Rho stakeholders, this person will have significant contact with Executives and Cross-functional colleagues, and ensure that Rho is compliant with all U.S. banking regulations and company policies and procedures
- Up-level the strategy for the compliance team, covering anti-money laundering/counter-terrorist financing, financial crimes, client onboarding, sanction compliance, and banking/fair lending regulations operating across the U.S
- Partner with stakeholders to augment the transaction monitoring, investigation, and suspicious activity reporting systems and framework to ensure Rho maintains the highest regulatory standards while creating an optimal, innovative customer and product experience
- Optimize the financial crimes, sanctions, KYC/KYB compliance, and company policies, procedures, programs, testing, and compliance controls and across all products at Rho
- Analyze trends and patterns to develop risk mitigation and detection
- Ensure best-in-class monitoring and surveillance systems are in place to prevent suspicious activities; work with Rho’s technical teams to understand and design analytical methodologies for risk mitigation
- Collaborate with our partner banks on reporting, monitoring, and audits to ensure our compliance efforts are aligned with bank and regulatory guidelines
- Build out and scale the Third Party Risk Management Program
- Provide periodic reporting to Executive and Senior Management
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.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
34% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Dec 2021
$75m
SERIES B
Jan 2021
$15m
SERIES A
Total funding: $97.2m
Company benefits
- Medical, dental, and vision
- Commuter benefits
- Flexible work policy
- Wellness perks
Company values
- Speed: We move fast. Really fast. Speed is critical to every move we make. We prioritize impact, focus on tasks that add immediate value, and relentlessly refine our work to achieve more for our clients. Our pursuit of speed helps propel our journey from incremental to transformational change year over year
- Precision: We may not make the most moves, but we make the right ones—every time. We believe in critical thinking, deep research, thoughtful analysis, and careful work that makes a difference. Through precision, Rho delivers meaningful, impactful results for our company, our culture, and our customers
- Diversity: Rho’ers come from many different backgrounds, specialties, and career paths. Our differences amplify not only our individual potential but also our collective ambition. Our diverse voices, perspectives, and skill sets mean we’re always ready to take on any challenge in any industry
- Empathy: We at Rho consider empathy our paramount company value. We have empathy for our clients, our colleagues, and our partners. We strive to understand them, relate to them, and consider them with compassion in every aspect of our daily work. We are here for all and push forward for all
- Creativity: We push ourselves to imagine exciting new possibilities and outcomes that defy the status quo. We don’t dismiss established practices on principle but consider alternatives through a unique lens, breaking down traditional barriers to innovation, collaboration, and performance
Company HQ
SoHo, New York, NY
Articles
Leadership
Everett Cook
(CEO)Studied International Economics at Vanderbilt, before working in Investment Banking at Deutsche Bank. They were a Senior Analyst at Taylor Woods and Atreaus Capital.
Alex Wheldon
(President & CPO)Founded Trebax Innovations and Kanary Limited. Served as CMO of Smarkets and CPO of Lyst.
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