What are the responsibilities and job description for the Senior Sr. Manager position at Menlo Ventures?
About the role
As Chime continues to grow, we’re enhancing our business control testing capabilities to ensure Chime’s Operations and Member Services maintains an internal control environment that meets regulatory requirements. The Sr. Manager, Business Control Testing will be responsible for leading the operational tasks, strategic vision, and development of the control testing team. This role will own control testing for complaints handling, dispute intake & investigations, fraud, and other processes. This will include building out a framework for first-line control testing and reporting, working closely with Compliance and other cross-functional teams to ensure Chime’s adherence to bank partners and regulatory requirements. This role offers a unique opportunity to make a meaningful impact on how we serve our members and uphold our company value of Respecting the Rules.
The base salary offered for this role and level of experience will begin at $168,570.00 and up to $238,900.00. Full-time employees are also eligible for a bonus, competitive equity package, and benefits. The actual base salary offered may be higher, depending on your location, skills, qualifications, and experience.
In this role, you will provide
- Business Control Testing Leadership : Develop, implement, and maintain a robust, risk-based control testing program for the Operations and Member Experience teams, ensuring compliance with regulatory requirements and alignment with best practices. Lead a high-performing team conducting control testing activities, including the design and execution of test scripts, and provide oversight for quality control reviews focused on consumer complaints and disputes.
- Quality Control Oversight : Oversee quality control processes across complaint handling and dispute resolution functions, identifying gaps, potential risks, and areas of improvement. In partnership with Compliance, establish and maintain quality control methodologies to monitor compliance performance, report on metrics, and assess process effectiveness.
- Regulatory Compliance Focus : Ensure compliance with relevant regulatory standards and bank partner expectations. With support from Compliance, stay current on regulatory changes affecting consumer complaints, disputes, and member experience, and proactively recommend updates to process controls and processes as needed.
- Cross-Functional Collaboration : Act as a liaison between Operations and Member Experience, Compliance, Legal and Risk Management teams to ensure seamless integration of controls within business processes and comprehensive risk and control identification and assessment.
- Issue Management and Remediation : Identify and escalate emerging risks, issues, and root causes related to consumer complaints and dispute handling. Drive remediation efforts, track action plans, and support the resolution of issues to mitigate regulatory and reputational risks.
- Data-Driven Reporting : Develop and maintain regular reporting control testing results, QC metrics, and performance indicators. Deliver reports regarding trends (including compliance and performance metrics), root causes, and action plans to leadership and regulators that drive continuous improvement and / or address systemic issues. Provide insightful analysis, highlighting key trends, areas of risk, and improvement recommendations.
- People Leadership : Demonstrate success in leading and developing a high performing team, to ensure consistent and comprehensive control monitoring and insights.
To thrive in this role you
A little about us
At Chime, we believe that everyone can achieve financial progress. We’re passionate about developing solutions and services to empower people to succeed. Every day, we start with empathy for our members and stay motivated by our desire to support them in ways that make a meaningful difference.
We created Chime—a financial technology company, not a bank—founded on the premise that basic banking services should be helpful , transparent , and fair . Chime helps unlock the access and ability our members need to overcome the systemic barriers that block them from moving forward. By providing members with access to liquidity, rewards, and credit building, our easy-to-use tools and intuitive platforms give members the ability to have more control over their money and to take action toward achieving their financial ambitions.
So far, we’re well-loved by our members and proud to have helped millions of people unlock financial progress, whether they started a savings account, bought their first car or home, opened a business, or went to college. Every day, we’re inspired by our members’ dreams and successes, big and small.
We’re uniting everyday people to unlock their financial progress—will you join us?
What we offer
We know that great work can’t be done without a diverse team and inclusive environment. That’s why we specifically look for individuals of varying strengths, skills, backgrounds, and ideas to join our team. We believe this gives us a competitive advantage to better serve our members and helps us all grow as Chimers and individuals.
We hire candidates of any race, color, ancestry, religion, sex, national origin, sexual orientation, gender identity, age, marital or family status, disability, Veteran status, and any other status. Chime is proud to be an Equal Opportunity Employer and will consider qualified applicants with criminal histories in a manner consistent with the San Francisco Fair Chance Ordinance, Cook County Ordinance, and consistent with Canadian provincial and federal laws. If you have a disability or special need that requires accommodation, please let us know.
To learn more about how Chime collects and uses your personal information during the application process, please see the Chime Applicant Privacy Notice.
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Salary : $168,570
