Partner Diligence
Partner Diligence
Column
Column is a financial technology company aiming to simplify banking solutions by reducing reliance on traditional banks and middleware providers. The Partner Diligence role focuses on managing the risk assessment and compliance processes for fintech partnerships, ensuring adherence to evolving regulatory standards.
Qualification
- Deep understanding of federal and state financial regulations
- Experience in risk assessment and compliance in fintech or banking
- Strong analytical skills to identify and mitigate compliance risks
- Ability to work collaboratively with various stakeholders including legal and compliance teams
- Experience in implementing Third-Party Risk Management programs
Responsibility
- Partner closely with business, finance, risk leads, legal, compliance, and regulatory affairs to execute the Third-Party Risk Management Framework
- Manage end-to-end risk management for third-party partner onboarding, including risk identification, due diligence, risk assessment, and control review
- Conduct extensive diligence and review of prospective partners' policies, procedures, customer agreements, TOS, audit reports, marketing materials, and disclosures
- Collaborate with clients' and partners' compliance teams to evaluate and document their internal compliance controls
- Influence the Bank’s strategic direction, growth, safety & soundness, and success through effective risk management practices
