Business Risk Lead, ONE
$175-220k
Ethical personal finance platform
Be an early applicant
Ethical personal finance platform
501-1000 employees
Be an early applicant
$175-220k
501-1000 employees
Company mission
To help people live healthier financial lives.
Role
Who you are
- 10+ Years of experience working in a financial services/ Bank organization in an operational role
- Must have experience managing or having oversight of highly regulated business processes and operational procedures
- Experience dealing with regulators and working on remediating regulatory finding is a strong plus
- Natural people person able to navigate through complex organizations (global multi location hybrid or remote teams) and build trusted business relationships
- Able to operate with a limited level of direct supervision and exercise independence of judgment and autonomy
- Acts as SME to senior stakeholders and /or other team members
- An act-like-an-owner mentality. We have a bias toward taking action
What the job involves
- As Business Risk Lead for ONE, you are accountable for end to end business risk that spans over all operational and business policy executions
- This role is a strategic hire at an inflection point of ONE journey as we continue our exponential growth in product offerings as well as a multi million customer base
- You will work closely with risk, product, operations, compliance and engineering teams to design and maintain ONE’s Business Risk Management framework and hold relevant functional leaders responsible to ensure adherence to it
- This role reports to the Head of Risk/ Chief Risk Officer of ONE
- Building and supporting multiple risk and control programs for the organization including defining the strategy, approach, processes, quality, tools and reporting that provide business risk management consistency and excellence
- Collaborating with business partners on monitoring programs (automated as well as manual QA programs), any findings and making recommendations and providing guidance and oversight on improving practices
- Helping develop and maintain procedural implementation and change management processes with Operations and Execution teams to ensure proper governance and controls exist
- Partnering with compliance and operations to examine procedures for consistency and gaps relative to regulations in addition to impacts on customer experience
- Ensuring internal testing and rigorous monitoring of high risk processes such as handling of disputes and overall complaint management
- Seeking out and leverage technology and data to examine impacts to Customer Experience and Regulatory adherence
Our take
Banks have a poor image and are often perceived to not care about their customers. ONE Finance has the financial well-being of its clients at the heart of what it does. Offering equal access to high-yield savings rates and affordable credit that grows. Its signature feature is the ability to organize money in multiple sub-accounts that ONE calls “Pockets,” whether to pay specific bills or save toward goals. You can also set up shared “Pockets” with partners or friends for joint saving objectives.
ONE is part of a new wave of digital banking apps that have the potential to disrupt traditional legacy systems, driven by European firms such as Triodos in the Netherlands. ONE Finance is clear that it doesn’t use deposits for anything that exploits the Earth's resources or is involved in the arms trade, setting it apart from other recent endeavours from Monzo and Revolut who aren’t so forthcoming about where its funds are invested.
In 2022, ONE was acquired by Hazel, a FinTech company which was launched by Walmart and Ribbit Capital and which also acquired Even Responsible Finance at the same time. The companies have merged under the ONE brand, combining workforces, products and operating budgets, and will benefit from Walmart's support and marketing reach.
Freddie
Company Specialist
Insights
Few candidates hear
back within 2 weeks
68% employee growth in 12 months
Company
Funding (last 2 of 3 rounds)
Aug 2021
$40m
SERIES B
Mar 2020
$17m
SERIES A
Total funding: $66m
Company benefits
- Benefits effective on day one
- Early access to a high potential, high growth fintech
- Generous stock option packages in an early-stage startup
- Remote friendly (anywhere in the US) and office friendly - you pick the schedule
- Flexible time off programs - vacation, sick, paid parental leave, and paid caregiver leave
- 401(k) plan with match
Company HQ
Civic Center, New York, NY
Articles
Leadership
Brian Hamilton
(Chief Commercial Officer)Started their career at Wells Fargo Foreign Exchange before leaving after almost 8 years to join Clear2Pay in 2006. They founded Isomer Labs, PushPoint, and Azlo before starting One as CEO in February 2019.
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