Soma Capital Portfolio Jobs

Head of Compliance Testing

Rippling

Rippling

Legal
Dublin, Ireland
Posted on Jul 3, 2024
About Rippling
Rippling gives businesses one place to run HR, IT, and Finance. It brings together all of the workforce systems that are normally scattered across a company, like payroll, expenses, benefits, and computers. For the first time ever, you can manage and automate every part of the employee lifecycle in a single system.
Take onboarding, for example. With Rippling, you can hire a new employee anywhere in the world and set up their payroll, corporate card, computer, benefits, and even third-party apps like Slack and Microsoft 365—all within 90 seconds.
Based in San Francisco, CA, Rippling has raised $1.2B from the world’s top investors—including Kleiner Perkins, Founders Fund, Sequoia, Greenoaks, and Bedrock—and was named one of America's best startup employers by Forbes.
We prioritize candidate safety. Please be aware that all official communication will only be sent from @Rippling.com addresses.

About the role

After becoming one of the fastest growing startups in the United States, Rippling is ready to up level our growth engine to scale to $1B in ARR over the next couple years, including through international expansion and the addition of new products like Global Payroll, Employer of Record, and Spend Management. Investing in our compliance controls is a key priority to enable future business growth.

Rippling is looking for a highly-motivated and proactive Compliance Testing Specialist to assist with our compliance program across our product suite including payments and lending financial services. You will partner closely with our Legal, Compliance, Finance, and Product teams to drive an assurance program our our key controls. You have a passion for efficiency and building scalable approaches in the ever-changing world of technology and product growth. You are a self-starter and take pride in working cross-functionally to deliver observations on identifying key risks or enchantments to current practices. We love fresh perspectives on how compliance should be run, and welcome your innovative thoughts on achieving the highest efficiency and protection in Rippling’s activities.

That’s where you come in. The Compliance Testing Specialist will be responsible for conducting compliance tests, assessments, and reviews to ensure the company adheres to regulatory requirements and internal policies. This role involves analyzing processes, identifying areas of non-compliance, and recommending corrective actions to mitigate risks.

Key Responsibilities:

  • Conduct Compliance Testing: Perform regular compliance testing on various processes, transactions, and systems to ensure adherence to regulatory standards and internal policies.

  • Develop Testing Plans: Create comprehensive testing plans and procedures, including defining the scope, objectives, and methodology.

  • Identify and Report Issues: Identify compliance issues and risks through testing activities, and prepare detailed reports on findings. Recommend corrective actions and monitor their implementation.

  • Policy and Procedure Review: Review and evaluate company policies and procedures to ensure they are up-to-date and compliant with current regulations.

  • Collaboration: Work closely with various departments to ensure understanding and adherence to compliance requirements. Provide guidance and support in implementing compliance measures.

  • Training and Education: Assist in developing and delivering training programs on compliance-related topics to employees.

  • Stay Informed: Keep abreast of changes in regulatory requirements and industry standards. Update compliance testing processes as needed to reflect changes.

  • Documentation: Maintain accurate and organized records of all compliance testing activities and findings.

You have:

  • Education: Bachelor’s degree in Finance, Business Administration, Law, or a related field.

  • Experience: At least 3 years of experience in compliance testing, auditing, or a related field. (experience in payments, lending, and money transmission regulatory compliance is a plus)

  • Knowledge: Strong knowledge of regulatory requirements and standards relevant to the industry. Familiarity with compliance frameworks and best practices.

  • Skills:

    • Excellent analytical and problem-solving skills.

    • Strong attention to detail and organizational abilities.

    • Excellent communicator both internally and externally, with ability to break down complex regulatory requirements into easy-to-understand and practical advice.

    • Proficiency in using compliance testing tools and software.

Even if you don’t meet all of the requirements listed here, we still encourage you to apply. Skills can be used in lots of different ways and your life and professional experience may be relevant beyond what a list of requirements will capture.

Rippling is an equal opportunity employer.