Compliance Manager, Finance & Banking

About Us:

At Parafin, we’re on a mission to grow small businesses.

Small businesses are the backbone of our economy, but traditional banks often don’t have their backs. We build tech that makes it simple for small businesses to access the financial tools they need through the platforms they already sell on.

We partner with companies like Door Dash, Amazon, Worldpay, and Mindbody to offer fast and flexible funding, spend management, and savings tools to their small business users via a simple integration. Parafin takes on all the complexity of capital markets, underwriting, servicing, compliance, and customer service for our partners.

We’re a tight-knit team of innovators hailing from Stripe, Square, Plaid, Coinbase, Robinhood, CERN, and more — all united by a passion for building tools that help small businesses succeed. Parafin is backed by prominent venture capitalists including GIC, Notable Capital, Redpoint Ventures, Ribbit Capital, and Thrive Capital. Parafin is a Series C company, and we have raised more than $194M in equity and $340M in debt facilities.

Join us in creating a future where every small business has the financial tools they need.

We are looking for a Compliance Manager to take the lead in managing critical compliance activities for the company. You will be responsible for being a subject matter expert, advising Parafin on the compliance issues that the company must navigate in areas such as vendor management and information security. You will have a critical and central role counseling, advising, and helping build our funding, lending, and card products.

Are you an innovative compliance manager with a passion for building and managing compliance programs at a rapidly scaling company? If so, come join us!

• Advising business teams on compliance matters related to information security, data sharing, and vendor oversight
• Publishing written guidance to help your teammates understand relevant subject matter
• Leading remediation efforts if and when issues present themselves, determining root causes, and developing and testing corrective actions
• Coordinating with business teams to ensure partnerships and procurement align with requirements
• Building, designing, and improving compliance policies and processes that will help Parafin become more efficient and effective
• Proactively advising on newly identified internal and external risks
• Trust... but verify
• Partner with product, finance, marketing, operations, and data teams to build operationally efficient and effective programs

• 3+ years of experience in regulatory compliance, business banking, or commercial card
• Familiarity with vendor management, SOC1, SOC2, risk management and GRC processes and tools
• Experience designing and overseeing compliance processes
• Dynamic multi-tasker who can juggle multiple priorities and complexities with ease
• Comfort working across various business units and levels
• Innovative problem solver
• Awesome communication skills, both written and verbal

• Familiarity with BSA/AML/OFAC/KYC, UDAP, Fair Lending/ECOA, or NACHA compliance
• Experience working with bank partners and/or banking regulators
• Background at a Fin Tech supporting B2B financial services products
• Investigating and remediating issues and complaints from customers

• Salary Range: $155k to $170k
• Equity grant
• Medical, dental & vision insurance
• Unlimited PTO
• Work from home flexibility
• Commuter benefits
• Free lunches
• Paid parental leave
• 401(k)
• Employee assistance program

If you require reasonable accommodation in completing this application, interviewing, completing any pre-employment testing, or otherwise participating in the employee selection process, please contact us.