Who we are
About Stripe
Stripe is a financial infrastructure platform for businesses. Millions of companies—from the world's largest enterprises to the most ambitious startups—use Stripe to accept payments, grow their revenue, and accelerate new business opportunities. Our mission is to increase the GDP of the internet, and we have a staggering amount of work ahead. That means you have an unprecedented opportunity to put the global economy within everyone's reach while doing the most important work of your career.
About the team
The Risk Partnerships team is an essential part of Stripe's Global Partnerships organization. Our team is responsible for building and maintaining relationships with key partner banks to manage risk for Stripe's business activities. These banking partnerships are essential to enable Stripe to accept and make payments, provide credit, move and store money and develop new products and solutions to meet our users' needs. We work across a broad range of risk and compliance topics including credit, fraud, regulatory, financial crime, reputational, product, and operational risks.
What you'll do
We're looking for a new member to join our team to work with key banking partners across North America who support Stripe with BIN Sponsorship across Merchant Acquiring and Card Issuing, and have experience of managing risk across money transmission.
Risk management is a critical part of managing these important relationships, and you'll require a broad understanding of risk disciplines across merchant acquiring and banking. You'll lead activities to improve the risk management interactions between Stripe and its partners, managing key aspects of the partner relationship, and executing on high-impact initiatives.
You'll closely manage important stakeholders both internally and externally to set objectives, coordinate priorities, and drive execution. Internally you'll closely coordinate with product and engineering teams, as well as cross-functional stakeholders including Risk, Fraud, Financial Crime and Supportability, Operations, Legal, and Finance. Externally, with Partners you'll work closely with Risk and Compliance teams including senior management.
Responsibilities
- Lead risk-focused initiatives in collaboration with global financial partners (banks, networks, payment methods) to foster new business opportunities and user verticals and innovate on shared risk methodologies
- Establish and maintain compliance with agreed risk appetites
- Oversee and maintain the health of relationships with key risk counterparts at partner banks
- Develop and manage projects and initiatives that support strong partner relationships regarding risk
- Deliver business and policy recommendations that inform our risk posture
- Act as a representative and negotiator of our risk approach to banking partners
- Enhance existing and develop new partner-facing risk management capabilities
- Lead risk-related partnership and product discussions with banking partners to align on risk approaches and strategies
- Optimize existing partner-facing risk management capabilities and build new ones
- Identify and pursue business opportunities by creating innovative risk-aware solutions that expand our product and user base through banking partnerships
Who you are
We're looking for someone who meets the minimum requirements to be considered for the role. If you meet these requirements, you are encouraged to apply. The preferred qualifications are a bonus, not a requirement.
Minimum requirements
- 10+ years of experience in a risk-related role at a bank or merchant acquirer, or a role requiring deep knowledge of risk and compliance issues
- 5+ years of experience in risk management at a bank or merchant acquirer
- 2+ years of experience improving processes and scaling solutions
- Ability to represent Stripe on risk, compliance, and product issues with banking partners to maintain positive relationships
- Strong organizational, planning, and communication skills (written and verbal) to drive understanding, collaboration, and issue resolution
- Proven stakeholder management skills, including navigating difficult situations, negotiating timelines, and influencing stakeholders across organizations and borders
- Self-motivated and proactive, with the ability to thrive in uncertain and ambiguous environments
Preferred qualifications
- Experience of financial crime programs including KYC/B, AML, Sanctions and Terrorist Financing, with a practical knowledge of the Bank Secrecy Act and Anti-Money Laundering regulations
- Strong understanding of the complex risks that are present when managing a merchant acquiring business, including the management of high-risk sectors
- Market experience across America and Canada, with an understanding of how current and future regulations will impact Stripe and its banking partners
- Experience of leveraging technology to support the development and embedment of scalable risk and operational processes