Job Description
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 & 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 are seeking a new team member to collaborate with key banking partners throughout North America, Europe & APAC. These partners will work with Stripe to develop and deliver solutions that will build our Banking-as-a-Service (BaaS) product suite. This role will support Stripe's goals to enable users to benefit from products including Card Issuing and Stripe Capital; loans and cash advances and.
Risk management is essential for managing these relationships, and this role requires a broad understanding of risk disciplines across Small & Medium Sized credit products as well as Card Issuing.This role will lead activities to enhance risk management interactions between Stripe and its partners, manage key aspects of the partner relationships, and execute high-impact initiatives.
This role will work closely with key internal and external stakeholders to set objectives, coordinate priorities and drive execution. Internally, this role will coordinate closely with product and engineering teams, and cross-functional stakeholders including Risk, Fraud, Financial Crime & Supportability, Operations, Legal and Finance. Externally, this role will work closely with Partners' Risk & 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
- 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
- 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 - 12+ years experience in risk-related role at a bank or fintech with experience of card issuing programmes and credit/lending products.
- A deep knowledge of risk and compliance topics for related products.
- A deep understanding of Card Network requirements relating to card Issuing programs
- 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.
- Curiosity and a partnership mindset focused on improving processes and scaling solutions.
- First-hand experience in risk management at a bank or fintech
- Strong 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 programmes including; KYC/B, AML, Sanctions and Terrorist Financing, with a practical knowledge of the Bank Secrecy Act and Anti-Money Laundering regulations.
- A deep understanding of Consumer and SMB credit products including loans, merchant cash advance and card issuing programmes.
- Strong understanding of the complex risks and compliance requirements for managing credit, lending and card (debit, prepaid, charge and credit) issuing products
- Market experience across North America with an understanding of how current and future regulations will impact Stripe and it's banking partners.
- Experience of leveraging technology to support the development and embedment of scalable risk and operational processes.
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