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Bank Account Management Specialist - Treasury Operations

Stripe

Stripe

Accounting & Finance, Sales & Business Development, Operations
Bengaluru, Karnataka, India
Posted on Dec 16, 2024

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 large 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

Treasury Operations is integral to the strategy, execution and support of many Treasury Finance’s core functionalities (bank account management, cash management, investment management, payments processing, risk management and compliance). We are seeking an exceptional candidate to support our bank account management function.

What you’ll do

To Support daily operational rigor of the Treasury Finance functions, you will own and drive Stripe Bank Accounts management. This includes leading strategic and operational processes involved in effectively overseeing and controlling a company's bank accounts, including all functions related to opening, maintaining, and optimizing bank accounts to achieve financial efficiency, security, and compliance. You will also help to develop metrics and ensure we’re continuously improving our processes and systems to support signatory updates, implement controls in line with policy while supporting the goal of a world-class Treasury Operations function.

Responsibilities

You will:

  • Be an integral part of the Treasury Operations team that manages our bank account management function with a high degree of ownership, compliance/risk based mindset, and meticulous attention to detail.
  • Drive data based decisions to identify opportunities to reduce risk and improve operating efficiency:
  • Maintain and implement our bank signatory framework, ensure compliance with company policies and procedures, conduct periodic/annual reviews and perform remediation.
  • Manage signatories and bank account information within company systems and databases
  • Support the opening of new bank accounts in various global markets interacting directly with our banking partners
  • Collect and analyze data to help develop solutions and recommendations for process enhancements and efficiencies
  • Provide periodic/monthly close support with bank account statement compilation

  • Develop and implement policies, procedures, and controls over:
    ^

  • System access administration, internal controls, and audits

  • Bank account opening, closing, control maintenance and global expansion

  • External regulatory requirements (where applicable)
    ^

  • Partner with internal systems to develop world-class systems and process automation along with metrics to provide observability of our daily operational process

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

  • Bachelor’s degree and 5+ years of work experience in bank account management or related functions.
  • Strong ownership mindset with problem-solving skills. You enjoy “rolling up your sleeves” to dive into the details of a complex problem to come up with scalable solutions.
  • Strong communication skills (both written and verbal) and an ability to interact with cross-functional teams.
  • Fast learner and ability to multitask and navigate a fast-paced environment with tight deadlines.
  • Curiosity and a desire to understand how things work and how they could be optimized to work at scale.
  • Highly organized with exceptional attention to detail and follow-through.

Preferred qualifications

  • Knowledge of the payments industry and fintech landscape
  • Familiarity with regulations that pertain to the payments and financial services industries
  • Experience with SQL, R, or equivalent.
Office-assigned Stripes in most of our locations are currently expected to spend at least 50% of the time in a given month in their local office or with users. This expectation may vary depending on role, team and location. For example, Stripes in our Bucharest, Romania site have an 80% in-office expectation, and those in Stripe Delivery Center roles in Mexico City, Mexico and Bengaluru, India work 100% from the office. Also, some teams have greater in-office attendance requirements, to appropriately support our users and workflows, which the hiring manager will discuss. This approach helps strike a balance between bringing people together for in-person collaboration and learning from each other, while supporting flexibility when possible.

Stripe does not yet include pay ranges in job postings in every country. Stripe strongly values pay transparency and is working toward pay transparency globally.

Office locations

Bengaluru

Team

Finance & Strategy, Treasury & Investor Relations

Job type

Full time