Talent.com
Senior Manager - Compliance

Senior Manager - Compliance

ConfidentialBengaluru / Bangalore, India
4 days ago
Job description

We Are Bright

Bright is a consumer fintech that helps Americans get out of debt, with the power of data science and machine learning. It is a mobile app that combines all the tools and tech needed to manage and get rid of debt.

Bright's tools include credit score building, automated debt paydown plans, financial planning, budget planning tools, and refinance loans. It works with credit cards, student loans and car loans.

Bright has had 6x growth in the last year, with 300,000 users, and more than 100,000 ratings and reviews.

Bright is backed by three major venture capital funds (Sequoia, Falcon Edge and Hummingbird) and with top angel investors from the US, UK and India, Bright has raised +$40 million in funding to date.

Bright has recently raised $50M in debt funding from Encina Lender Finance, for its credit business growth. Encina Lender Finance provides lending solutions to consumer and commercial speciality finance companies across the U.S. and Canada.

Today we are among the top 8 US FinTech companies. We will become a top-100 US financial institution, with the unique strength of data science and predictive modeling to enhance financial products for a user's life outcomes.

We will be the first at-scale Consumer Tech company, built in India for Global markets.

About Our Founders

Bright was founded in 2019 by a founding team from McKinsey's Banking Practice (Petko Plachkov and Avi Patchava) and InMobi Data Scientist (Avi Patchava, Varun Modi, Avinash Ramakath, Jayashree Merwade).

What is the role about

A Senior Manager - Compliance is responsible for overseeing key operations and compliance processes for the business. These are mission critical procedures that ensure adherence to requirements of our partners, regulators and stakeholders. Role will report to the Head of Operations and will have direct involvement with senior management and multiple functional areas of business.

Qualifications

  • Overall 11+ years with minimum 5+ years experience in a management or leadership position working in consulting, financial services, fintech, payments or a related space within an operations organization.
  • A Bachelor's or Master's degree in Business Administration, Finance, Operations, Engineering or a related field is required.
  • Experience scaling and building operational teams, including people, processes, program, and tooling
  • Great project manager with ability to independently manage projects and processes to high level of detail and delivery without need for significant executive oversight
  • A strong leader, influencer, motivator, and decision-maker with demonstrated ability to work effectively with people at all levels and across both internal and outsourced teams
  • Great with data, with ability to present and articulate both qualitative and quantitative data to senior stakeholders and to formulate actionable insights and compile information in a structured, logical manner

Responsibilities

  • As the Senior Manager of Operations Compliance, you will be responsible for developing, leading and executing on key compliance processes and procedures. You will define the process roadmap, be responsible for delivering and oversight
  • Create operational oversight system to identify operational deficiencies and implement operational fixes
  • The scope of this role includes all relevant Operational activities in partnership with Compliance, Credit, Fraud Strategy, and Payments counterparts, partner reporting, ongoing reviews
  • Provide ongoing reporting, visibility, and accountability around performance measures, including insights into any changes in performance, action plans to get us back on track, and investments required in order to meet our goals
  • Ensure that the team is consistently meeting service level commitments while maintaining high quality levels through a culture of proactive monitoring and continuous process improvement
  • Establish and reinforce an analytical and data driven culture both within the team and across the company in partnership with Risk, Product, Analytics, Engineering and the broader business
  • Ensure strong communication and transparency to all impacted stakeholders around the status of roadmaps, performance, key issues, and emerging risks
  • What will you be doing

  • Risk Identification : Identify potential risks across various areas, including financial, operational, reputational, regulatory, and technological risks.
  • Risk Assessment : Conduct thorough risk assessments, analyzing the likelihood and impact of identified risks, and prioritizing them based on their significance.
  • Risk Mitigation : Develop and implement strategies, policies, and controls to mitigate identified risks and prevent potential losses or disruptions.
  • Risk Monitoring : Continuously monitor risk factors and controls, and evaluate their effectiveness, making adjustments as necessary to reflect changing circumstances.
  • Regulatory Audits : Leading and managing internal and external audits to ensure compliance with regulatory requirements. Acting as a liaison between the company and regulatory bodies during audits and inspections.
  • Reporting : Prepare and present comprehensive risk reports to senior management and relevant stakeholders, highlighting key risks, mitigation strategies, and ongoing monitoring results.
  • Policy Development : Work with senior management to develop risk management policies and procedures, ensuring they align with the organization's objectives and regulatory requirements.
  • Training and Awareness : Educate and train staff on risk management principles, policies, and procedures, ensuring a culture of risk awareness throughout the organization.
  • Compliance : Ensure all risk management activities comply with relevant regulations and industry standards, and coordinate with compliance teams as needed.
  • Collaboration : Collaborate with other departments, including finance, operations, and legal, to integrate risk management strategies into broader business processes.
  • Continuous Improvement : Stay informed about industry trends, emerging risks, and best practices to refine risk management strategies and methodologies.
  • What you should bring with

  • Education : Bachelor's or Master's degree in Business Administration, Finance, Operations, Engineering or a related field is required.
  • Certifications : Professional certifications such as Certified Risk Manager (CRM) or Financial Risk Manager (FRM) are preferred.
  • Experience : Strong 11+ years of experience in risk management or a related field, including experience with compliance ,auditing, risk assessment, mitigation, and monitoring.
  • Skills : Strong analytical and problem-solving skills, effective communication, leadership, attention to detail, and the ability to work collaboratively across departments.
  • Skills Required

    Risk Mitigation, regulatory audits , Compliance, Risk Assessment, Collaboration, operational oversight, policy development , Risk Management

    Create a job alert for this search

    Manager Compliance • Bengaluru / Bangalore, India

    Related jobs
    • Promoted
    Senior Compliance Consultant

    Senior Compliance Consultant

    TargetBengaluru, Karnataka, India
    Target is an iconic brand, a Fortune 50 company and one of America’s leading retailers.To match the signature style and passion of Target’s distinctive retail brand, Target Legal Affairs is a dynam...Show moreLast updated: 20 days ago
    • Promoted
    Senior Executive Compliance

    Senior Executive Compliance

    VEGROWBangalore Urban, Karnataka, India
    We are seeking a detail-oriented and proactive.The role involves close interaction with internal teams and government authorities to ensure seamless compliance operations.Regulatory & Statutory Com...Show moreLast updated: 18 days ago
    • Promoted
    Financial Crimes Compliance Audit Manager

    Financial Crimes Compliance Audit Manager

    MUFGBengaluru, Republic Of India, IN
    Mitsubishi UFJ Financial Group, Inc.MUFG) is one of the world’s leading financial groups.Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,100 locatio...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Manager-Risk Assessment

    Senior Manager-Risk Assessment

    HCLTechBengaluru, Karnataka, India
    The position is a member of Risk & Compliance team within HCL Technologies.The DCO will be aligned to critical service delivery engagements and will be responsible for ensuring compliance in accord...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Audit Manager Global Financial Crimes

    Senior Audit Manager Global Financial Crimes

    MUFG Global Service (MGS)Bengaluru, India
    Mitsubishi UFJ Financial Group, Inc.MUFG) is one of the worlds leading financial groups.Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,100 location...Show moreLast updated: 30+ days ago
    • Promoted
    Senior IT Risk & Compliance Manager

    Senior IT Risk & Compliance Manager

    NaviBengaluru, Republic Of India, IN
    The Governance & Control team at Navi is responsible for overseeing internal audits across various domains, ensuring compliance with internal policies and regulatory requirements.The team proactive...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Compliance Analyst

    Senior Compliance Analyst

    MUFGBengaluru, Republic Of India, IN
    Japan’s premier bank, with a global network spanning in more than 40 markets.Outside of Japan, the bank offers an extensive scope of commercial and investment banking products and services to busin...Show moreLast updated: 11 days ago
    • Promoted
    Bright Money - Compliance Manager

    Bright Money - Compliance Manager

    BRIGHT MONEY TECHNOLOGY PRIVATE LIMITEDBangalore, India
    What is the role about? - Global liaison and program manager for firm related audits and risk programs.Supporting to establish effective internal control processes for all quan...Show moreLast updated: 30+ days ago
    • Promoted
    eSthennos Technologies - Senior Manager - Compliance & Reporting

    eSthennos Technologies - Senior Manager - Compliance & Reporting

    Esthenos Technologies Private LimitedBangalore, India
    Job Summary : We are looking for a knowledgeable and articulate Senior Compliance Manager with 1-2 years of experience in compliance, preferably in the BFSI or technology domain...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Compliance and Audit Manager

    Senior Compliance and Audit Manager

    RelantoBengaluru, Republic Of India, IN
    The Senior Process Quality Executive is responsible for ensuring process excellence and compliance with ISO 9001 Quality Management Systems and ISO 27001 Information Security Management Systems alo...Show moreLast updated: 21 days ago
    • Promoted
    Senior Tax Compliance Manager

    Senior Tax Compliance Manager

    WithumBengaluru, Republic Of India, IN
    Withum is a place where talent thrives - where who you are matters.It’s a place of endless opportunities for growth.A place where entrepreneurial energy plus inclusive teamwork equals exponential r...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Manager, Risk & Compliance

    Senior Manager, Risk & Compliance

    HCLTechBengaluru, Republic Of India, IN
    The position is a member of Risk & Compliance team within HCL Technologies.The DCO will be aligned to critical service delivery engagements and will be responsible for ensuring compliance in accord...Show moreLast updated: 30+ days ago
    • Promoted
    Headout - Senior Manager - Legal & Compliance

    Headout - Senior Manager - Legal & Compliance

    HeadoutBangalore, India
    Senior Manager - Legal & Compliance Headout? We're a rocketship : 9-figure revenue, record growth, and profitable.With $130M in re...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Manager, Group Compliance

    Senior Manager, Group Compliance

    ConfidentialBengaluru / Bangalore
    Ensure adherence to all applicable laws, regulations and internal policies.Formulate project plans that would ensure compliance to all RBI , NPCI and network guidelines. Work closely with various st...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Manager, Quality and Compliance

    Senior Manager, Quality and Compliance

    Right ManagementBengaluru, Republic Of India, IN
    Design, implement, and monitor quality standards aligned with program goals and client expectations for career transition services. Establish and execute assurance management schedules to inspect, e...Show moreLast updated: 22 days ago
    • Promoted
    Senior Compliance Manager

    Senior Compliance Manager

    Kristal.AIbangalore, karnataka, in
    Provide subject matter compliance advisory across global businesses on cross-border and region-specific requirements and restrictions. Conduct AML due diligence and respond to AML / KYC inquiries from...Show moreLast updated: 23 hours ago
    • Promoted
    VP - Senior Audit Manager – Global Financial Crimes [T500-20153]

    VP - Senior Audit Manager – Global Financial Crimes [T500-20153]

    MUFGBengaluru, Karnataka, India
    Mitsubishi UFJ Financial Group, Inc.MUFG) is one of the world’s leading financial groups.Headquartered in Tokyo and with over 360 years of history, MUFG has a global network with over 2,100 locatio...Show moreLast updated: 30+ days ago
    • Promoted
    Senior Risk and Compliance Specialist

    Senior Risk and Compliance Specialist

    AB InBev GCC IndiaBengaluru, Republic Of India, IN
    AB InBev GCC was incorporated in 2014 as a strategic partner for Anheuser-Busch InBev.The center leverages the power of data and analytics to drive growth for critical business functions such as op...Show moreLast updated: 30+ days ago