Senior Manager, Risk Operations

About Us

Rho is the all-in-one banking platform for startups and the accountants who support them. With banking set up in minutes, 2% cashback cards, and powerful tools for managing spend, paying bills, and closing the books, Rho helps high-growth startups move fast and stay focused—with support that goes to the ends of the earth to help you win.

About the Role

We’re seeking a Sr. Manager, Risk Operations to help us strengthen and streamline Rho’s risk management framework. In this role, you’ll be at the forefront of ensuring the security, compliance, and integrity of our platform business operations. You’ll collaborate with internal teams and external experts to evaluate and enhance our risk controls, guiding critical decisions that protect our business and customers. Your insights will have a direct impact on shaping policies, improving processes, and fostering a culture of security, compliance, and risk management at Rho. Join us in building a trusted financial platform for modern businesses. This role is based out of our Downtown SLC office 5 days a week.

Responsibilities:

• Maintain up-to-date risk policies and procedures that align with regulatory requirements

• Collaborate with cross-functional teams to seamlessly integrate risk considerations into day-to-day business operations, empowering departments to make informed, risk-aware decisions

• Lead audits and assessments to identify, evaluate, and mitigate risks, providing actionable insights

• Proactively prepare the organization for substantial due diligence efforts from customers, partners, investors, and regulators by maintaining up-to-date documentation, implementing rigorous internal processes, and coordinating cross-functional teams to respond efficiently and comprehensively to all requests

• Manage the end-to-end vendor due diligence process, coordinating with finance, legal, compliance, information security, and business teams to ensure thorough vetting and risk mitigation

• Create and document clear, scalable guidelines for operations teams on compliance-related activities, ensuring processes are sustainable, efficient, and auditable

• Foster a company-wide culture of compliance and security through training and engagement

• Escalate significant compliance or security risks to senior leadership, ensuring timely mitigation

Qualifications

• Bachelor’s degree in finance, law, business, cybersecurity, or a related field. Advanced degrees or certifications in risk management, compliance, or cybersecurity are a plus

• 5+ years of hands-on experience in risk operations within a financial services, fintech, or cybersecurity-focused environment

• Strong understanding of risk management principles and ability to interpret complex regulations

• Deep understanding of key regulations and standards such as AML, BSA, NIST, PCI, and SOC2. Ability to interpret and apply these frameworks to real-world business challenges

• Proven skills in managing projects, conducting audits, and ensuring follow-through on risk initiatives

• Excellent communication skills with the ability to translate complex regulations into actionable guidance

• Experience leading internal audits, managing diligence reporting, and liaising with auditors

• Ability to train teams on risk management best practices, ensuring company-wide compliance

• Experience with Vanta strongly preferred

• JD/Legal work experience strongly preferred

Our people are our most valuable asset. The salary range for this role is $112,000-$144,000. Base salary may vary depending on relevant experience, skills, and business needs. In addition to base pay, Rho offers equity, healthcare benefits, and paid time off.

Diversity is a core value at Rho. We’re passionate about building and sustaining an inclusive and equitable environment for all those involved with our mission, including employees, contractors, candidates, customers, and vendors. We believe every member of the Rho community enriches our ability to provide a broad range of ways to understand and engage with the market, identify problems, and drive solutions that align with our mission. We welcome all qualified applications and support each of our Rho’ers with ongoing professional growth opportunities.