Senior Compliance Manager, Bank Partnerships & Audits

Senior Compliance Manager, Bank Partnerships & Audits

You can get further details about the nature of this opening, and what is expected from applicants, by reading the below.

Senior Compliance Manager, Bank Partnerships & Audits

Brex is the AI-powered spend platform. We help companies spend with confidence with integrated corporate cards, banking, and global payments, plus intuitive software for travel and expenses.

Tens of thousands of companies from startups to enterprises including DoorDash, Flexport, and Compass use Brex to proactively control spend, reduce costs, and increase efficiency on a global scale.

Working at Brex allows you to push your limits, challenge the status quo, and collaborate with some of the brightest minds in the industry.

We’re committed to building a diverse team and inclusive culture and believe your potential should only be limited by how big you can dream.

We make this a reality by empowering you with the tools, resources, and support you need to grow your career.

Compliance at Brex

The Compliance team helps the company grow responsibly, advocating for Brex and for the tens of thousands of growing businesses we serve.

We own the compliance policies for Brex, provide strategic advice and guidance to all Brex teams, protect Brex from financial crime and other compliance risks, and represent the company externally on key regulatory and policy issues.

Reimagining the financial system in a highly regulated environment requires creativity and resourcefulness, and we welcome the challenge.

What you’ll do

As a Senior Compliance Manager at Brex, you will play a critical role in overseeing the development, implementation, and management of key elements of the compliance program at Brex, including risk assessments, training, policy governance, issue management, and vendor risk management.

This position plays a critical role in identifying risks, improving processes, and ensuring that the organization remains compliant with financial regulations such as the SEC, FINRA, AML / KYC, FTC regulations, and other banking regulations.

The role will report directly to Brex’s Global Chief Compliance Officer.

Responsibilities

• Act as the primary point of contact for bank partners and auditors, coordinate and track requests, and findings, and facilitate access to necessary information and documentation.
• Prepare and provide audit materials, including compliance reports, documentation, and evidence of adherence to regulatory requirements.
• Address audit findings and recommendations, developing, implementing, and tracking action plans to resolve issues and improve compliance practices.
• Stay updated on relevant regulations, industry standards, and best practices affecting bank partnerships and audit processes.
• Prepare regular reports on compliance status, audit findings, and action plans for senior management.
• Collaborate with other areas of the Compliance team, as well as Risk Operations and other departments to ensure a cohesive approach to compliance and audit management.
• Foster strong working relationships with banking partners and external auditors to support effective compliance and audit processes.
• Maintain accurate and up-to-date documentation related to compliance activities, external audits, and bank partnership agreements.
• Ensure that all compliance and audit records are organized and accessible for review and reference.
• Manage the implementation of workflow tools to support the tracking of bank Partnerships and external audits.
• Manage due diligence and other requests related to new bank partnerships.

Requirements

• 7+ years of experience in regulatory compliance in the financial industry.
• Proven experience in compliance management, audit support, or risk management, preferably within banking, financial services, or fintech.
• 3+ years of experience managing internal stakeholders.
• Excellent project management and problem-solving skills with a strong knowledge of financial regulations.
• Exceptional communication and interpersonal skills, with the ability to collaborate effectively with bank partners, external auditors, and internal teams.
• Detail-oriented with strong organizational and project management abilities.
• Proficiency in implementing or leveraging compliance project management workflow tools is a plus.
• A hands-on approach, concise and straightforward style.
• A love for collaboration, teamwork, and delivering excellence.
• Must be willing to work in office 2 days per week on Wednesday and Thursday.

Bonus Points

• Prior experience working in a compliance organization on either side of Banking-as-a-Service (BaaS) partnerships.
• Prior experience managing and / or implementing workflow tools.

Compensation

The expected salary range for this role is $169,416 - $211,770. However, the starting base pay will depend on a number of factors including the candidate’s location, skills, experience, market demands, and internal pay parity.

Depending on the position offered, equity and other forms of compensation may be provided as part of a total compensation package.

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