Toast: Pioneering Technology for Restaurants and Local Businesses
In the digital era, the success of restaurants and local businesses lies in their ability to adapt and harness technology. Toast, Inc., has emerged as a leader in this aspect, creating cutting-edge technology that allows business owners to operate more efficiently, increase sales, engage customers, and maintain employee satisfaction. For the full details, click Here.
Toast’s Fintech Compliance Program
At the heart of Toast’s success is its Fintech Compliance Program, which takes a “compliance by design” approach. This method is integral to the management of compliance programs, ensuring a focus on product lifecycle while fostering business innovation and high-quality product delivery. The program covers a range of banking products such as commercial deposit accounts, debit cards, prepaid payroll cards, earned wage access, bill payment services, and stored value cards.
Role of the Senior Manager in Toast’s Fintech Compliance Program
Toast is on the lookout for an energetic and dynamic Senior Manager to take charge of the Fintech Compliance program for its banking products. This involves managing and improving product-specific compliance programs. The Senior Manager’s responsibilities are diverse, including overseeing the banking compliance program within Toast’s Fintech Line of Business, identifying and mitigating compliance risks, providing advisory support on new product development, and leading relevant compliance committees.
Requirements and Skills Needed
Aspiring candidates must possess a Bachelor’s Degree or certification (CRCM preferred) and have substantial related experience. Direct experience in managing compliance programs for banking products is crucial. In addition, candidates should have experience in a compliance, risk, or audit role at a financial institution, preferably in the Fintech or payments industry. Familiarity with operational processes and regulations related to banking products is also essential.
AI at Toast
Toast fosters a culture of constant learning and innovation, where employees are encouraged to utilize new AI tools. These tools span various disciplines, from Engineering and Product to Sales and Support. Toasters, as the employees are fondly called, are already driving real value with these tools. The company values individuals who are adaptable and can synthesize large amounts of complex information.
Toast’s Total Rewards Philosophy
Toast believes in providing competitive compensation and benefits to attract and retain top talent. The total rewards package extends beyond great earnings potential and includes the means to a healthy lifestyle with the flexibility to meet Toasters’ changing needs. The company also offers cash compensation, benefits, and equity.
Diversity, Equity, and Inclusion at Toast
At Toast, diversity is seen as a strength and the company strives to create an inclusive environment where everyone thrives. The restaurant industry is one of the most diverse, and Toast mirrors this diversity in its employee base. The company is committed to creating equitable opportunities for all and delivering exceptional experiences.
Toast’s Hybrid Work Model and Global Presence
Toast embraces a hybrid work model that fosters in-person collaboration while respecting individual needs. The company aims to build a strong culture of connection as it works together to empower the restaurant community. Toast has a global and regional presence, working towards the common goal of aiding the restaurant industry.
Toast’s Commitment to Accessibility
Toast is dedicated to creating an accessible and inclusive hiring process. The company provides reasonable accommodations for persons with disabilities to access the hiring process. Toast is committed to fair hiring practices and does not require or administer a lie detector test as a condition of employment.
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