Marqeta is on a mission to change the way money moves. We’re one of the earliest enablers of embedded finance, a market opportunity sized up in the trillions. Our card issuing platform provides unprecedented flexibility and control for companies to issue cards, authorize transactions, and manage payment operations in real time.   Marqeta is powering the most well known brands in the new economy (Block, Cash App, Affirm, Instacart, Doordash, Uber, Walmart, etc). Today nearly 8 out of 10 Americans use a product powered by Marqeta every week. This is the opportunity of a lifetime to work with innovators around the world and unlock equitable financial access for all.

Marqeta’s  Governance & Compliance Risk Assessment Manager, is a key management position within Marqeta’s Compliance department. This position will play a critical role in the design and implementation of a Risk Assessment strategy and leading the organization’s completion of comprehensive, risk-based reviews of existing and emerging global regulatory requirements and provision of prompt, focused feedback to business management on concerning issues and control gaps.. You will also be responsible for ensuring policies and procedures across the entire organization align with strategic goals, operational excellence, and internal control best practices. This individual will collaborate closely with partner banks and customers to translate risks into understandable terms and provide guidance on risk mitigation. Reporting directly to the Chief Compliance Officer, you will partner with business areas to support strong first-line risk management activities, programs and controls across the firm, while meeting regulatory requirements and providing second-line review and credible challenge.

We work Flexible First. This role can be performed remotely anywhere within the United States or from our Oakland, CA office. We’d love for you to join us!

What You’ll Do

• Direct, develop and maintain the strategic aspects of the organizational compliance risk assessment program, including ownership of policies and procedures
• Engage in day-to-day activities with business areas in support of the enterprise risk management framework
• Work with the first line of defense to identify policy and procedural enhancements, including for new products and new initiatives
• Collaborate with cross-functional teams to ensure proper assessment of the risk associated with features, customers, products and other aspects of the business, as well as the planning of related controls and the adequate execution of those controls
• Lead the innovation and governance of our risks within the current environment, and in anticipation of changing regulations
• Collaborate with various departments to ensure risk considerations are integrated into decision-making processes
• Collaborate with the Chief Compliance Officer and provide strategic advice for compliance and governance requirements, obligations and framework
• Proactively and continually assess opportunities for programmatic transformation, improvement and enhancement across all elements of our compliance program, including through evaluation of risk assessment and governance
• Identify critical gaps in the Company’s Compliance Management Program initiatives and present feedback / credible challenge both to engaged stakeholders and in management forums, such as Compliance Committee
• Ensure that compliance programs clearly articulate risk reduction and demonstrate enhanced control environment with evidence of design and operational effectiveness
• Responsible for active stakeholder engagement by ensuring close collaboration with key stakeholders across the Company and working closely with the Legal team and other subject matter experts on relevant compliance projects
• Participate in reporting and governance activities

What We’re Looking For 

• 5+ years of regulatory compliance experience, preferably in a bank or FinTech environment
• Strong background in risk management, compliance, GRC frameworks, with a focus on continuous process improvement
• Demonstrated ability to develop and maintain cross-functional working relationships
• Comprehensive knowledge of bank and/or payments laws, regulations, rules, guidance, and filing requirements
• Strong analytical skills and detail oriented
• Continuous improvement mindset
• Demonstrated effective verbal and written communication skills
• Strong technology skills
• Ability to work in a fast paced, demanding, and rapidly changing environment
• Ability to prioritize competing priorities in a logical manner
• Ability to work nights and weekends, when needed

Nice-To-Haves

• Certified Regulatory Compliance Manager certification
• Prior experience in a role focused on Risk Assessments in a large and/or complex bank

Your Manager

• Alan Carlisle

Typical Process

• Application submission
• Recruiter video call
• Hiring manager video call
• Virtual “Onsite” consisting of 4-5, 45 min calls
• Offer!

Compensation and Benefits

Marqeta is a Flex First company which allows you to choose your best working environment, whether that be from home or at a company office. To support Flex First, we calibrate pay to a competitive value according to working location. Compensation is aligned according to three tiers within the United States:

• National: A baseline tier that applies to most of the geographic territory of the United States.
• Premium: Slightly elevated from the National tier, and oriented toward a narrower set of higher cost-of-living areas, such as Los Angeles CA and Seattle WA
• Premium Plus: A tier for the most expensive working areas, like the San Francisco Bay area and New York City.

Visit this page or consult with a Recruiter to determine which tier would be applicable to you.

When determining salaries, we consider several factors including, but not limited to, skills, prior experience, and work location. The new-hire base salary range for this position is:

• National: $101,625 - $135,500
• Premium: $114,375- $152,500
• Premium Plus: $127,050- $169,400

We also believe in recognizing the contributions of our people. That’s why we award annual bonuses to eligible employees, rewarding both individual performance and the success of the entire company.

Along with monetary compensation, Marqeta offers

• Multiple health insurance options
• Flexible time off – take what you need
• Retirement savings program with company contribution
• Equity in a publicly-traded company and an Employee Stock Purchase Program
• Family-forming benefits, fertility support, and up to 20 weeks of Parental Leave
• Free therapy sessions, financial and professional coaching, and legal advice
• Monthly stipend to support our remote work model
• Annual “development dollars” to support our people growth and development