Job details

Onboarding Risk Management

About Column

For companies building financial technology and transforming the financial services space, the biggest bottleneck to their growth and innovation is often the underlying banks and infrastructure stack they rely on. We have spent our careers founding and scaling companies like Plaid, Square, SoFi, Blend, and Affirm, and have seen this problem firsthand — builders and developers needing to partner with traditional banks, and creating API and abstraction layers over the patchwork that is the bank, its core, and many other vendors. All of this results in a complex (and often expensive) banking supply chain involving a user, fintech, BaaS middleware provider, bank, core and the Federal Reserve.

At Column, we set out to simplify and fix this. We are a bank and a software company built from the ground up, offering builders and developers technology-forward banking solutions that cut out the hundreds of vendors, middleware providers, and abstraction layers. This means a safer, more transparent, and less costly banking supply chain. Come build with us!

The opportunity:

The Onboarding Risk Management role is instrumental in ensuring Column’s onboarding function is meeting and exceeding the Bank’s regulatory and BSA/AML standards with every new customer. Column’s customer base is global and varied - as such, this individual will have ample opportunity to grow, learn, and take on new challenges. We are looking for someone who is extremely detail-oriented, passionate about high-quality work product, thrives in a fast-paced environment, can grasp complex customer types and payment flows and document them clearly and accurately, and has a passion for writing. If you have an in-depth understanding of regulatory expectations, KYC requirements, and payments, and you are excited at the prospect of documenting an extensive and complex onboarding process in a thorough, thoughtful, and strategic way, this job is for you.

While an in-person presence in the Bank’s Presidio-based office is preferred, this role is open to remote applicants with the expectation of periodic travel.

What you'll do:

Onboarding Reviews: Provide the final review for all prospective high-risk customers. This review will include highly tactical tasks, such as validating compliance with procedural requirements, alongside highly strategic tasks, such as testing potential regulatory challenge and poking holes in the team’s analysis.
Editing: Make all edits/rewrites necessary to ensure the final analysis/review memo is accurate, complete, clear, descriptive, and answers all relevant questions about the risk presented by an individual customer.
Provide Strategic Regulatory Advice: Play devil's advocate, put yourself in the shoes of a state or national regulator, and challenge the team’s analysis.
Strategy and Planning: Develop and execute a risk-based oversight plan, ensuring that it covers all critical aspects of KYC, including CIP, customer due diligence, and EDD.
Collaboration: Work closely with members of the BSA/AML, Compliance and Growth teams to ensure all customers have accurate, complete, and up-to-date customer files. This means identifying discrepancies, being proactive in proposing solutions, and driving files to completion.
Training and Development: Provide training to team members based on themes that emerge from control reviews.
Continuous Improvement: Identify opportunities for process enhancements and efficiency improvements within Bank’s KYC and onboarding processes.

What you'll need to be successful:

Bachelor's degree in finance, business, or a related field
Professional certification (e.g. CAMS) or graduate degree (e.g. law) preferred
7+ years of relevant experience in financial services, with a preference for experience in some combination of BSA/AML, payment operations, compliance, money transmission, product counsel, business operations, or onboarding
Exceptional writing skills
Bank regulatory exposure; while you don’t need to have worked directly for or with a banking regulator, you must understand regulators / the regulatory environment
Familiarity with fintech/banking partnerships preferred
Attention to detail and a commitment to accuracy
Strong analytical and problem-solving skills
Excellent communication and interpersonal skills

What you'll get from us:

🏥 Comprehensive health, dental, and vision plans, including options that are 100% covered by Column for you and 50% covered for your dependents
💳 FSA and HSA account options to enable use of pre-tax money for medical and dependent care expenses
📈 401k plan, including self-directed brokerage options
🌴 Flexible time-off policy - take the time off that you want and need to relax and recharge
👶 100% paid parental leave, including 16 weeks for birth mothers, 12 weeks for primary caregivers, and 8 weeks for secondary caregivers
🍽️ Catered lunches and dinners for SF employees
🚆 Commuter benefits
🎉 Regular team building events, including annual offsite

Pay transparency:

The annual US base salary range for this role is $120,000 - $160,000, exclusive of equity compensation and benefits.

This salary range may span several career levels at Column, and will be narrowed during the interview process based on a number of factors including, but not limited to, the candidate’s skill sets, experience, licensure and certifications, location, and other business and organizational needs.

We look forward to hearing from you

Column is committed to working with the best and brightest people from the broadest talent pool possible. We value bringing together a team with different perspectives, educational backgrounds, and life experiences, and believe a diversity of ideas is what allows us to develop the best solutions. All qualified individuals are encouraged to apply.

If you need assistance or a reasonable accommodation during the application and recruiting process, please reach out to accommodations@column.com.

We participate in the E-Verify program in certain locations as required by law. Learn more about the E-Verify program here.