Full-Time

Regulatory Compliance Program Manager

Posted on 8/14/2024

Stripe

Stripe

5,001-10,000 employees

Online payment processing solutions provider

Fintech
Financial Services

Senior, Expert

Remote in Canada

Category
Project Management
Legal & Compliance
Business & Strategy
Requirements
  • 8+ years of experience building and managing a regulatory compliance program in the regulated financial services industry, preferably in fintech/payments and banking
  • Working knowledge of regulatory compliance practices, and a good understanding of the types of compliance matters applicable to a company like Stripe
  • Experience managing distinct projects and programs, with particularly strong skills in stakeholder management
  • Ability to understand and interpret regulations and regulatory guidance, and incorporate them into a comprehensive and appropriate compliance program
  • Adept in creating reporting and presentations which simplify complex themes into understandable communications
  • Strong written and verbal communication skills—including the ability to communicate effectively with different stakeholders across the business
  • Excellent cross-functional collaboration skills, including navigating leadership and interpersonal working relationships
Responsibilities
  • Create and own a roadmap for the delivery of regulatory compliance programs for Canada; implement the roadmap, in partnership with key stakeholders across the Compliance, Legal and business teams;
  • Create, manage, maintain and enhance compliance policies, procedures and processes to meet regulatory compliance requirements, and identify and respond to any new legislation that would be relevant to the existing products to be offered by Stripe Canada;
  • Provide clear guidance to regulatory obligation owners, helping them to understand and ensuring the controls proposed and put in place would sufficiently meet the standards expected by the local regulators;
  • Conduct risk assessment to determine the compliance health of the entity, including preparing and presenting regular performance reports to Senior Management and the Board of Directors;
  • Serve as the primary point of contact for all regulatory compliance matters, and build and maintain good relationships with regulators and external stakeholders in the payments industry;
  • Represent Stripe and engage Canadian regulatory authorities directly to clarify regulations and/or issues affecting Stripe business/products;
  • Manage key compliance program deliverables post implementation of significant regulatory change, in accordance with the nature, scale and complexity of the requirements;
  • Plan and prepare internal stakeholders for any external audits or regulatory inspections/examinations, and monitor the remediation of any issues/findings raised from these reports;
  • Develop and provide compliance training to staff, Senior Management and Board of Directors as required;
  • Provide regulatory advice and recommendations to business teams, and participate actively in new business proposals and discussions (e.g. new products or users) with an enabling and compliant mindset;
  • Play a lead role in ensuring a strong culture of compliance, consistent with the tone set from the top by the Stripe Board and leadership.

Stripe provides online payment processing solutions for internet businesses through a suite of payment APIs. These APIs enable businesses to accept and process payments easily over the internet. Stripe serves a diverse clientele, including small startups and large enterprises, across various sectors such as e-commerce, subscription services, and marketplaces. The company focuses on simplifying and securing online payments, charging fees based on transaction volumes. Its offerings include payment acceptance, billing management, fraud prevention tools, and financing options, among others. Unlike many competitors, Stripe emphasizes a technology-first approach, making it easier for businesses to manage transactions and payments globally. The goal of Stripe is to empower businesses of all sizes to handle their payment needs efficiently and securely.

Company Stage

N/A

Total Funding

$9.3B

Headquarters

South San Francisco, California

Founded

2010

Growth & Insights
Headcount

6 month growth

6%

1 year growth

24%

2 year growth

24%
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Simplify's Take

What believers are saying

  • Stripe's recent partnerships, such as with Coinbase, highlight its commitment to innovation and expanding its reach in the rapidly growing crypto market.
  • The company's robust financial health, evidenced by exceeding $1 trillion in total payment volume in 2023, indicates strong growth potential and stability.
  • Stripe's selection by major companies like Adastria Group to power new marketplaces showcases its reputation and reliability in the fintech sector.

What critics are saying

  • The competitive fintech landscape, with giants like PayPal and Square, poses a constant threat to Stripe's market share.
  • Stripe's reluctance to go public may limit its access to capital markets, potentially affecting its ability to scale and innovate.

What makes Stripe unique

  • Stripe's extensive suite of APIs offers unparalleled flexibility and ease of integration for businesses of all sizes, setting it apart from competitors with more rigid solutions.
  • The company's focus on a wide range of services, from fraud prevention to business financing, provides a comprehensive ecosystem that few competitors can match.
  • Stripe's ability to handle global payouts and support for the creator economy distinguishes it from other payment processors that may not offer such extensive international capabilities.

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Benefits

Inclusive coverage - We provide a thoughtful and balanced set of benefits that allow Stripes to be their best selves and do great work. Whether that means offering comprehensive mental, physical, and medical health plans, supporting Stripes’ financial futures, providing fertility benefits and parental leave, or making sure Stripes have access to healthy food at the office, our robust programs put Stripes and their families first.

Growth by way of learning - We are voracious learners and teachers. Our Education team delivers an onboarding and product training curriculum for all new Stripes, and hosts expert-led courses on things like project management fundamentals and macroeconomics. Beyond the formal program, Stripes are constantly sharing knowledge with each other through conversation, documentation, reading groups, and informal talks.

A principled approach to food - The food program holds a special place in Stripe’s history and future. These Stripes come to our kitchen from a breadth of backgrounds and experiences, and focus on one proposition—respect. This is apparent not only in the local ingredients they work with or in the gracious, teamwork-driven buffet lines, but also in their approach to growing a global team through sustainable food practices and minimal waste.

INACTIVE