Fintech Risk Associate

Grasshopper Bank

. Independently execute second-line risk-management activities across the Bank’s Banking-as-a-Service portfolio .

Posted 10/23/2026full-timeRemote • New York • United StatesMid-LevelWebsite

Core Competencies

Role fit

Core Competencies

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Demonstrates expertise in risk management and compliance within the fintech and banking sectors, with a strong focus on due diligence, monitoring, and regulatory requirements. Proven ability to lead cross-functional initiatives and communicate effectively with senior stakeholders.

Highest-signal resume keywords

Risk ManagementFinancial Crimes ComplianceThird-Party Risk ManagementBanking Compliance KnowledgeProject Management

ATS Keywords

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Applicant Tracking System Keywords

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Hard Skills

Risk AssessmentDue DiligenceMonitoringTestingIssue ManagementRegulatory ComplianceFraud Risk AnalysisTemplate DevelopmentData Privacy LawsLending Risk Management

Soft Skills

Analytical SkillsProblem-SolvingDecision-MakingCollaborationAttention to Detail

Industry Keywords

Banking-as-a-ServiceFintechPaymentsBSA/AMLOFACNACHAVisa/MastercardReg EReg ZECOA

About the role

Key responsibilities & impact

Independently execute second-line risk-management activities across the Bank’s Banking-as-a-Service portfolio
Lead risk-based due diligence for prospective fintech partners and present findings and recommendations to senior management
Own pre- and post-launch risk and compliance requirements and ensure launch readiness
Conduct ongoing monitoring, testing, quality assurance, and risk reviews for assigned partners
Track findings and remediation plans to closure, identify emerging risks, and escalate material issues
Improve due diligence, monitoring, testing, and assessment processes and templates
Serve as primary risk and compliance contact for assigned fintech partners
Develop an understanding of partners’ business models, products, customer journeys, technology, operations, controls, and risk profiles
Evaluate proposed products, features, customer journeys, and partnership structures for risk, compliance, control, and operational considerations
Partner with BSA, Embedded Finance, Operations, Product, Legal, Information Security, Compliance, Technology, and other teams
Own cross-functional initiatives from scope through implementation
Maintain roadmaps for control gaps and process improvements and contribute to policies, procedures, reporting, dashboards, presentations, and governance materials
Monitor developments in fintech, payments, lending, and regulation and assess implications for the BaaS portfolio

Requirements

What you’ll need

Typically 5–8 years of experience in banking, fintech, risk management, compliance, third-party risk management, internal audit, or a related field
Demonstrated ability to independently lead risk assessments, due diligence, monitoring, testing, issue management, or remediation
Strong experience with financial crimes compliance, including BSA/AML, OFAC watchlists and sanctions, and fraud risk
Working knowledge of banking and payments compliance, including UDAAP, NACHA, Visa/Mastercard, FedNow, The Clearing House RTP, Reg E, Reg Z, Reg DD, Reg CC, ECOA, FCRA, GLBA, and applicable state data privacy laws
Experience with Third-Party Risk Management and related interagency guidance from the OCC, FDIC, and Federal Reserve
Knowledge of fintech, payments, embedded finance, BaaS, or lending business models
Experience with Lending-as-a-Service, fintech lending, loan products, or lending-partner risk management is a plus
Ability to manage external relationships, field partner requests, communicate with senior stakeholders, and influence without direct authority
Project-management, analytical, problem-solving, decision-making, risk-escalation, and reporting skills
Experience reviewing or developing risk assessment, monitoring, testing, and reporting templates and processes
Strong judgment, attention to detail, collaboration, creativity, and ability to prioritize competing demands
Bachelor’s degree or equivalent relevant work experience

Benefits

Comp & perks

Remote work flexibility
Diversity of thought and perspective
Cross-functional teamwork culture
Opportunities to contribute to banking innovation
Growth and development opportunities through collaboration
Inclusive partnership culture