Simplify Logo

Full-Time

Technology Risk

Posted on 3/16/2023

Column

Column

51-200 employees

API for managing financial transactions

Financial Services
Fintech

Compensation Overview

$120k - $200kAnnually

Mid, Senior

San Francisco, CA, USA

Requirements
  • Bachelor's degree in Computer Science, Information Technology, or related field
  • 5+ years of experience in a technology governance, risk, and compliance related role
  • Knowledge of regulatory requirements and industry standards related to banking technology governance, risk, and compliance, such as NIST Cybersecurity Framework, ISO 27001, SOC 2, and FFIEC IT Examination Handbook
  • Experience performing risk assessments and developing risk mitigation strategies and controls
  • Familiarity with business continuity and disaster recovery programs, planning, and testing
  • Strong analytical and problem-solving skills
  • Excellent writing and communication skills
  • Collaborative - willing and able to work effectively with both business and engineering stakeholders
  • Professional certifications related to technology GRC or cybersecurity, such as CISA, CRISC, or CISSP, are a plus
Responsibilities
  • Assist in developing, implementing, and maintaining technology risk policies and procedures to ensure compliance with regulatory requirements and industry standards
  • Perform risk assessments to identify, assess, and prioritize technology risks and recommend risk mitigation strategies and controls
  • Monitor and report on the effectiveness of technology GRC controls and make recommendations for improvements
  • Collaborate with business and engineering stakeholders to ensure that technology risk management requirements are addressed within projects focused on building the bank's in-house software products
  • Program manage testing initiatives to support the bank's business continuity and disaster recovery program
  • Ensure that identified risks and issues are addressed within established timelines
  • Support internal audit activities and requests, including providing information about the technology environment, as well as control effectiveness and testing
  • Provide responses to and maintain reference material for customer inquiries and due diligence procedures that involve technology compliance, and participate in discussions for security and compliance assessments
  • Support third-party oversight and monitoring processes, including security assessments of the bank's vendors and service providers
  • Stay up-to-date with industry trends and regulatory requirements related to technology governance, risk, and compliance
  • Perform day-to-day activities consistent with safe and sound business practices and regulatory requirements

Column offers an API designed for businesses to manage financial transactions efficiently. This API supports various transaction types, including ACH transfers, wire transfers, book transfers, and check issuance. By integrating Column's API into their systems, businesses can streamline their financial operations, making transaction processing more seamless. Column differentiates itself from competitors through its straightforward pricing model, which charges fees based on transaction types and volumes, ensuring predictable costs for users. The company's goal is to provide businesses with reliable and integrated financial solutions that enhance their operational efficiency.

Company Stage

N/A

Total Funding

N/A

Headquarters

San Francisco, California

Founded

2021

Growth & Insights
Headcount

6 month growth

15%

1 year growth

37%

2 year growth

102%
Simplify Jobs

Simplify's Take

What believers are saying

  • Column's partnership with Brex enhances its credibility and expands its market reach, potentially leading to increased adoption of its API services.
  • The company's focus on seamless and efficient transaction processing can significantly streamline financial operations for businesses, making it an attractive option for startups and established companies alike.
  • Column's transparent pricing and flexible account models can attract a wide range of clients, from small businesses to large enterprises, ensuring steady revenue growth.

What critics are saying

  • The competitive fintech market requires Column to continuously innovate to maintain its edge over traditional banks and other fintech startups.
  • Reliance on transaction fees means that any downturn in client transaction volumes could impact revenue stability.

What makes Column unique

  • Column's API-first approach allows businesses to seamlessly integrate financial services into their own systems, unlike traditional banks that offer more rigid solutions.
  • The company's transparent and flexible pricing model, including free initial wire transfers and low-cost ACH transactions, sets it apart from competitors with hidden fees.
  • Column's leadership team brings a unique blend of financial and tech expertise, positioning the company to navigate the evolving fintech landscape effectively.
INACTIVE