Fintech Compliance Manager, Toast

• Bachelor’s Degree or certification required (CRCM preferred)
• Direct experience managing compliance programs for banking products, specifically, commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, billpay services, stored value cards payments, and consumer, etc
• Typically requires a minimum of 8 years of related experience with a Bachelor’s degree; or 6 years and a Master’s degree; or a PhD with 3 years experience; or equivalent experience
• 5+ years of experience in a compliance, risk, or audit role at a financial institution providing commercial and/or consumer non-investment banking products (Fintech or payments industry preferred)
• Experience maintaining fintech-oriented frameworks, bank partnerships and third party vendors programs.
• Familiarity with operational processes and regulations related to banking products. Ability to work well with ambiguity and synthesize large amounts of complex information
• Strong communication skills (both written and verbal)

Desirable

• Toast, Inc. seeks a positive and vibrant Manager to maintain the Fintech Compliance program for banking products through the management, and enhancement, of the product specific compliance programs. Products in scope include: commercial deposit account, debit cards, prepaid payroll cards, earned wage access, billpay and stored value cards
• Oversee and implement the banking product specific compliance management program within Toast's Fintech Line of Business
• Facilitate the identification, assessment, and mitigation of compliance risks and control gaps within the respective product areas
• Provide advisory support on the development of new products, and enhancement of existing products, to ensure regulatory compliance.
• Lead relevant compliance committees, providing visibility to senior leadership, including escalations as needed
• Assist the Global Testing team in the creation and execution of product specific compliance testing programs
• Partner with the Fintech business on the creation and maintenance of regulatory compliance policies, procedures, controls, and strategies, while advising on emerging risks
• Develop and facilitate necessary compliance training
• Support and oversee the fintech banking issue management processes
• Monitor product specific regulatory changes and support regulatory change management processes
• Facilitate reporting to bank partners, partner reviews or testing, vendor management, and other administrative functions to support bank partner relationships and meet obligations

• Peer and company recognition programs
• Unlimited Vacation
• Sabbatical opportunity after five years
• Professional Development Reimbursement Program
• Commitment to Employee Wellness through resources such as a quarterly Wellness Stipend
• Various peer and company recognition programs
• 401(k) and matching
• Medical, Dental, & Vision Coverage
• Mental Health Benefits
• Subsidized backup childcare

Total funding: $899m

Running a restaurant means managing a stressful set of elements, all needing to work together seamlessly to create a good experience for diners. Toast helps to streamline processes, and puts an end to piles of paperwork, by providing a platform whereby tableside ordering, menu modifications, labour management, payroll, and more are all housed in one system that can run from a tablet.