Due Diligence Advisory

About Column

For companies building financial technology and transforming the financial services space, the biggest bottleneck to their growth and innovation is often the underlying banks and infrastructure stack they rely on. We have spent our careers founding and scaling companies like Plaid, Square, SoFi, Blend, and Affirm, and have seen this problem firsthand — builders and developers needing to partner with traditional banks, and creating API and abstraction layers over the patchwork that is the bank, its core, and many other vendors. All of this results in a complex (and often expensive) banking supply chain involving a user, fintech, BaaS middleware provider, bank, core and the Federal Reserve.

At Column, we set out to simplify and fix this. We are a bank and a software company built from the ground up, offering builders and developers technology-forward banking solutions that cut out the hundreds of vendors, middleware providers, and abstraction layers. This means a safer, more transparent, and less costly banking supply chain. Come build with us!

The opportunity:

The Due Diligence Advisory role is responsible for the execution of Column's KYC program, inclusive of CIP, CDD, and EDD. This individual will own onboarding and periodic reviews for the Bank's high-risk customers, as well as enhancing Column's KYC program, procedures, and controls so that they remain best-in-class. This role will also work closely with Compliance stakeholders in performing the AML components of due diligence for the Bank's fintech partnerships.

This role reports directly to the Bank’s Chief Compliance Officer. While an in-person presence in the Bank’s Presidio-based office is strongly preferred, this role is open to remote applicants with the expectation of periodic travel.

What you'll do:

Customer Identification and Verification:

• Further enhance the Bank’s Customer Identification and Verification processes and controls for retail and commercial banking customers, including fintech relationships

• In coordination with FCC and other first and second-line stakeholders, review and address any manual reviews generated by onboarding tools

Customer Due Diligence/Enhanced Due Diligence:

• Further enhance business and FCC-led due diligence processes and controls for retail and commercial banking customers, including fintech relationships

• Execute the collection, review, and assessment of due diligence consistent with the Bank’s standards and customer risk ranking methodology

• Perform onboarding Enhanced Due Diligence (“EDD”) collection for applicable customers including the completion of Onboarding High Risk EDD Reviews and ongoing Periodic Reviews

Collaboration and Communication:

• Collaborate with other departments, including business units, Compliance, Legal, and …