Senior Associate, Enterprise Risk Management

| San Francisco | Hybrid
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About the role

As the Senior Associate on the Enterprise Risk Management (ERM) team you will partner across the organization to identify and escalate existential, strategic, emerging, and operational risk to senior leadership. Our ERM team plays a critical role in proactively identifying, mitigating, managing, and communicating the company’s risk exposure, both internally and externally. Leveraging relationships across the organization, our ERM team is building a robust second line of defense; our goal: safeguard Chime so that we can continue to provide financial peace of mind for our members.

We are looking for a skillful, personable, and creative Risk professional to help further develop Chime as the best-in-class, financial technology provider. In this role, you will partner closely with all departments to build proactive risk strategies and models from scratch. You are a team player, strategic thinker and an expert communicator who can bring teams together to ensure smooth collaboration and unite stakeholders around risk-based methodologies. This role will have a material impact on helping leadership make risk-reward trade-offs in achieving Chime’s business objectives. This role reports to the Senior Manager of Enterprise Risk Management.

For Colorado based roles: In accordance with applicable law, this role has an annual starting salary of $114,000 plus bonus, a competitive equity package, and benefits (see below). The actual pay may be higher depending on your location, skills, qualifications, and experience.

In this role, you can expect to

  • Lead the management and coordination of Chime’s corporate insurance programs. This includes:
    • Develop a framework and lead the analysis for effectively transferring or retaining risk for the various insurance programs, including Management Liability (D&O, Crime, Fiduciary, and EPL), E&O, Cyber, and P&C (Workers Compensation, Property)
    • Develop appropriate insurance management procedures
    • Make recommendations for risk management strategies by focusing on analysis, peer benchmarking, and risk appetite 
    • Periodically assess the sufficiency of Chime’s coverage and policy options
    • Coordinate with and support Legal on claims management for all lines of coverage
    • Manage the day-to-day relationships with with third party service providers including insurance brokers and insurers
    • Ensure critical third-party contracts include appropriate insurance coverage language and limits of liability
    • Plan and coordinate corporate insurance budget with Finance
    • Prepare loss analyses, identify exposures, recommend solutions, promote loss prevention methods, and monitor compliance with insurance procedures and internal policies
    • Coordinate and respond to underwriter requests and audits
  • Work with the other Senior Associate in Enterprise Risk Management team to ensure the ERM program and our insurance programs are aligned through:
    • Facilitation of risk identification
    • Definition of risk appetite of the organization
    • Conducting scenario based risk analysis using quantitative methods to ensure appropriate risk management 
    • Build interactive reporting dashboards that will be used by leadership to evaluate Chime’s risk environment and insurance coverage
    • Support special projects to evaluate and mitigate risks across Chime

To thrive in the role, you have

  • Bachelor’s degree in a related field or commensurate work experience.
  • Minimum of 5+ years of experience in Enterprise or Corporate Insurance Risk Management.
  • Quantitative skill set; ability to synthesize data, build automation and visualization for risk reporting across departments.
  • Familiar with risk management concepts
  • Experience in Corporate Governance.
  • Quantitative skill set; ability to synthesize data and build automation for risk reporting across departments.
  • Knowledge of Governance, Risk and Compliance (GRC) tools.
  • The ability to influence, build trust and drive results with business stakeholders across the organization.
  • Excellent communication skills and can partner with multiple stakeholders, including senior executives.
  • Professional certification in a relevant field (i.e., ARM, CPCU, CRISC, CRM, etc.) and understanding of relevant industry regulations and frameworks (e.g., COSO ERM, ISO 31000, etc.)
  • A self-starter, motivated by continuously solving hard problems
  • Able to travel (domestically and internationally).

A little about us

We created Chime because we believe everyone deserves financial peace of mind. By eliminating unnecessary fees and helping people grow their savings automatically, we’ve empowered millions of Americans to take control of their finances. 

Chime is the largest and fastest-growing U.S. player in the challenger-banking space. Through our banking partners, we offer access to bank accounts with fee-free overdraft, provide members the chance to receive early access to their paychecks, help them improve their credit, and more!

We’ve built one of the most experienced leadership teams in Fintech and were recently valued at over $25.5B. We’ve raised over $1.7B in funding from leading investors including Sequoia Capital Global Equities, SoftBank Vision Fund 2, General Atlantic, Tiger Global, Dragoneer, DST, Coatue, Iconiq, Menlo Ventures and others.

What we offer

  • đź’° Competitive salary based on experience
  • ✨ 401k match plus the usual medical, dental, vision, life, and disability benefits
  • 📝  Quarterly stipend to spruce up your home office 
  • 🏝 Generous vacation policy and company-wide Take Care of Yourself Days 
  • 🖥  Virtual events to connect with your fellow Chimers- think cooking classes, music festivals, mixology classes, paint nights, etc., and delicious snack boxes, too!
  • đź’š A challenging and fulfilling opportunity to join one of the most experienced teams in FinTech and help create a completely new kind of banking service

We know that great work comes from great, and inclusive teams. At Chime, we specifically look for individuals of varying strengths, skills, backgrounds, and ideas. 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. 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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Technology we use

  • Engineering
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Location

San Francisco, CA 94108

What are Chime Perks + Benefits

Chime Benefits Overview

Our benefits philosophy is guided by supporting Chimers’ wellbeing in four key areas - physical, emotional, financial, and social. This encompasses everything from physical and mental health services for you and your family to a matching 401k plan with access to financial advisors and legal advice. We team up to offer inclusive events where Chimers can connect and grow, thoughtfully choose food vendors and office accommodations (including a flexible work model), and schedule company-wide Take Care of Yourself Days that give all Chimers at least one extra paid day off each month. We continuously add and enhance these benefits year-round.

Culture
Volunteer in local community
Chimers volunteer their time, talent, and energy to support causes they care about using our volunteer portal. Activities are also organized through our Chimer Resource Group Program.
Partners with nonprofits
Chime supports nonprofits year-round, focusing on financial literacy, economic empowerment, social justice, and disaster relief. Chimer Resource Groups also partner with nonprofits that matter to them
Open door policy
OKR operational model
Team based strategic planning
Open office floor plan
Employee resource groups
Hybrid work model
In-person all-hands meetings
Employee awards
Flexible work schedule
Chime provides employees with a flexible work schedule that includes Flexible start and end times.
Remote work program
Diversity
Documented equal pay policy
Dedicated diversity and inclusion staff
Highly diverse management team
Mandated unconscious bias training
We partner with ReadySet for company-wide equity training, with a focus on allyship and anti-racism.
Diversity manifesto
Mean gender pay gap below 10%
Diversity employee resource groups
CRGs (Chimer Resource Groups) include AfroChime, PacifiChime, Chimigos, ChimeHers, Chimmigrants, OutChime, and DiversiChime. Chimers are compensated for their work as leads of these CRGs!
Hiring practices that promote diversity
Recruiting team members and hiring managers complete training on inclusive hiring practices with ModelExpand.
Diversity recruitment program
Health Insurance & Wellness Benefits
Flexible Spending Account (FSA)
Chime employees can contribute annually to their FSA.
Disability insurance
Dental insurance
Vision insurance
Health insurance
Life insurance
Pet insurance
Wellness programs
Team workouts
Join Chimers in a daily plank challenge! Chimers also ride together on Peloton and have Slack channels to coordinate rides and other workouts.
Mental health benefits
Chime is partnering with ModernHealth to provide Chimers with mental and behavioral health resources.
Transgender health care benefits
Wellness days
Abortion travel benefits
Financial & Retirement
401(K)
401(K) matching
Company equity
Performance bonus
Child Care & Parental Leave Benefits
Childcare benefits
Generous parental leave
We provide up to 16 weeks of parental leave for the primary caretaker. Chime also provides 16 weeks of leave for the secondary caretaker.
Family medical leave
Adoption Assistance
Chime offers both adoption and fertility assistance through Maven, reimbursing Chimers up to $10k each year.
Restricted work hours
Almost every month, Chime provides Chimers with a day off to take care of themselves.
Company sponsored family events
Fertility benefits
Vacation & Time Off Benefits
Unlimited vacation policy
Generous PTO
Paid volunteer time
Paid holidays
Paid sick days
Flexible time off
Bereavement leave benefits
Office Perks
Commuter benefits
Company-sponsored outings
Free daily meals
Free snacks and drinks
Some meals provided
Company-sponsored happy hours
Recreational clubs
Home-office stipend for remote employees
$500 when you initially start with Chime, and $250 per quarter after.
Meditation space
Mother's room
Onsite gym
Professional Development Benefits
Job training & conferences
Lunch and learns
Promote from within
Continuing education stipend
Continuing education available during work hours
Online course subscriptions available
Personal development training
Virtual coaching services

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