Full-Time

Enterprise Risk Management Senior Manager

Enterprise Risk Management

Posted on 5/9/2026

Green Dot

Green Dot

1,001-5,000 employees

Fintech bank and prepaid card provider

Compensation Overview

$117.7k - $176.5k/yr

No H1B Sponsorship

Remote in USA

Remote

Category
Finance & Banking (1)
Requirements
  • 8–10+ years of experience in Enterprise Risk Management or related risk disciplines within a regulated financial institution
  • Bachelor’s degree
  • Strong understanding of Enterprise Risk Management frameworks, risk appetite, Key Risk Indicator programs, and the Three Lines of Defense model
  • Experience preparing risk reporting for senior executives and boards
  • Proven ability to lead cross-functional programs and deliver high-quality outcomes under time pressure
  • Ability to work in the United States without visa sponsorship
Responsibilities
  • Lead the development, maintenance, and reporting of the Enterprise Risk Management Program and Risk Appetite Statement and related governance routines
  • Identify Key Risk Indicators and associated tolerances and translate the business view of risk into forward-looking metrics
  • Lead the work to populate the risk metrics on a periodic basis, review the populated metrics, and critically review breaches of risk tolerances
  • Critically review risk management policies to ensure alignment with the Enterprise Risk Management Program and the three lines of defense model
  • Prepare high-quality reporting for the Board Risk Committee, ERMC/RMC, and Senior Leadership, translating complex risk topics into clear narratives
  • Demonstrate deep risk management understanding across different categories and synthesize data from multiple sources
  • Partner with First Line business units on risk identification, remediation, and issue management; provide second-line challenge, independent oversight, and thematic analysis across risk categories
  • Collaborate with Compliance, Internal Audit, Operational Risk, Third-Party Risk Management, and other risk partners
  • Drive education and awareness of ERM principles across all levels of the organization; promote a risk-aware culture aligned to supervisory expectations
  • Support design and use of Governance, Risk, and Compliance tools (for example LogicGate)
  • Lead, influence, coach and develop staff across the lines of defense in alignment with Management Track expectations
Desired Qualifications
  • Master’s degree or relevant certification (e.g., Certified Risk Management Assurance, FRM, CRCM, CIA)
  • Experience with risk governance committees and regulatory expectations for bank holding companies or bank partners
  • Familiarity with Governance, Risk, and Compliance platforms and risk analytics tools (e.g., LogicGate)
  • Background supporting large-scale change, new product introductions, or transformation initiatives

Green Dot provides financial technology services by offering accessible banking products such as prepaid debit cards, checking accounts, and money management tools for individuals, small businesses, and enterprises. Its platform leverages technology to deliver user-friendly financial services, enabling customers to manage money digitally and on the go. Revenue comes from card transaction fees, account maintenance charges, and partnerships with other financial institutions. Unlike traditional banks, Green Dot emphasizes inclusive, easy-to-use banking and leverages partnerships to expand its offerings across diverse customer segments. The company aims to make banking more inclusive and efficient by reimagining how people interact with money.

Company Size

1,001-5,000

Company Stage

IPO

Headquarters

Austin, Texas

Founded

1999

Simplify Jobs

Simplify's Take

What believers are saying

  • Smith Ventures' $690M acquisition enables fintech unit's independent innovation.
  • CommerceOne merger creates new public bank focused on regulated growth.
  • Unit21 partnership automates AML compliance amid rising regulations.

What critics are saying

  • Regulatory rejection delays Q2 2026 sales, stranding divided operations.
  • Smith Ventures integration fails, eroding Apple and Uber partnerships.
  • SoFi's 68% loan surge to $12.18B diverts Green Dot's underbanked users.

What makes Green Dot unique

  • Green Dot powers Apple Cash, Uber, and Intuit embedded finance platforms.
  • Green Dot Network spans 90,000 retail locations for cash deposits nationwide.
  • Green Dot pioneered prepaid debit cards for unbanked since 1999 pivot.

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PaySpace Magazine
Nov 25th, 2025
Green Dot Reshapes Its Future as Banking and Fintech Units Split Off to New Owners

Green Dot reshapes its future as banking and fintech units split off to new owners. Green Dot is entering a new chapter as the company prepares to separate into two independently owned businesses. The long-time fintech and banking provider will sell its regulated bank and its embedded-finance technology platform to different buyers, marking one of the most significant structural shifts in its 25-year history. Under the plan, CommerceOne Financial Corporation will acquire Green Dot Bank and merge it with its own operations to create a new publicly traded bank holding company. At the same time, Smith Ventures will purchase Green Dot's non-bank fintech and embedded-finance business for $690 million in cash. Both units will continue working together through a seven-year commercial agreement that makes the new bank the exclusive issuing partner for the fintech platform, ensuring continuity for customers and program partners. The move divides Green Dot along the two paths it has developed over time: a consumer-oriented digital bank built on its federal charter, and a large embedded-finance platform used by partners to offer accounts, debit cards, and payments inside their own services. By selling each unit separately, the company aims to give both sides more room to grow with strategies tailored to their very different markets. What happens next will depend on regulatory approvals and the timelines set by each buyer, but the expectation is that both the bank and the fintech business will continue operating without disruption to customers or partners. The separation is designed to allow the bank to focus on traditional financial services, while the fintech unit can pursue new embedded-finance partnerships and platform innovation with greater independence. This strategic shift reflects broader forces in the industry. Banking-as-a-service has become more specialized and competitive, requiring heavy investment in compliance and technology. At the same time, running a regulated bank demands its own capital, governance, and long-term discipline. Splitting the company helps reduce internal complexity and may unlock more value than keeping these two different businesses under one roof. Green Dot's evolution helps explain why this moment arrived. Founded in 1999, the company began with prepaid debit cards and later expanded into mobile banking, eventually securing its own bank charter. In the past decade, it has built a major embedded-finance platform that powers financial tools for retailers, apps, and other partners. Over time, these two sides of the business grew in different directions, and today's decision reflects the need to let each follow its own trajectory. With this breakup, Green Dot is positioning both units for a clearer long-term focus, aiming to strengthen their roles in an industry where banking and fintech continue to diverge.

MarketScreener
Nov 24th, 2025
Green Dot's $690M Strategic Transactions Announced

Green Dot Corp. announced strategic transactions with Smith Ventures and CommerceOne Financial Corp. Smith Ventures will acquire Green Dot's non-bank assets for $690 million, while CommerceOne will acquire Green Dot Bank, forming a new publicly traded bank holding company. Green Dot shareholders will receive $8.11 per share in cash and 0.2215 shares of the new company. The transactions, expected to close in Q2 2026, aim to unlock growth opportunities for both entities.

Unit21
Jun 12th, 2025
Reimagining Compliance: How Green Dot is Leading with Innovation

With a bold vision for modernizing its anti-money laundering (AML) compliance operations, Green Dot partnered with Unit21 to build a more agile, automated infrastructure - one that empowers teams, safeguards customers and drives better decision-making across the board.

Kryptonews
Apr 30th, 2025
Crypto.com Taps Green Dot to Introduce U.S. Cash Accounts and Vault

Crypto.com has partnered with Green Dot to expand its financial services to its U.S.-based users.

XXGLSY
Apr 27th, 2025
Books nourish the soul, reading illuminates growth - A side note on Green Company's "World Book Day" themed sharing session

On the occasion of the 30th World Book Day, Green Company successfully held a book-sharing session on April 27th, themed "Reading Nourishes the Soul, Reading Promotes Growth."