Full-Time

Director – Sanctions Compliance

Posted on 4/2/2024

Circle

Circle

1,001-5,000 employees

Provides regulated digital currency USDC

Financial Services
Crypto & Web3

Senior

Remote in USA

Required Skills
Data Analysis
Requirements
  • 12+ years of relevant experience in compliance with deep specialization in managing Sanctions programs
  • 5+ years of experience managing and leading teams
  • Compliance experience in either banking, consulting, or cryptocurrency required. Experience in RegTech or Fintech companies is preferred
  • Proven experience with regulatory exams and presenting to examiners
  • Extensive knowledge of and experience with OFAC, UN, and other Global Sanctions regulatory guidance
  • Experience managing the configuration and performance of client and transaction sanction screening systems
  • Familiarity with client screening and associated alert reviews
  • Experience working hands-on with other cross-functional team leaders, such as lawyers, engineers, product managers, data analysts, operations analysts in improving compliance processes and systems
  • Experience and comfort working in an ever-changing industry and the flexibility to quickly react to changing demands
  • Experience/familiarity with Slack, Apple MacOS and GSuite
Responsibilities
  • Owning the end-to-end Sanctions program and strategy, including the development of policies, standards, and other procedural or guidance materials
  • Providing day-to-day guidance for designing sanctions screening platforms and controls for Circle’s services and all applicable sanctions regulations
  • Planning, designing, developing and testing configurations for Sanction screening applications
  • Performing data analysis, designing business requirements, understanding emerging issues, performing estimation and verify implementation of new features and enhancements
  • Identifying, assessing, and advising on compliance risks and control enhancements to a variety of stakeholders and customers to mitigate risks related to AML and Sanctions
  • Providing advice to the businesses on an ongoing basis on new business initiatives, new products, and customer-related matters with respect to applicability of policies, resolution of potential red flags or other compliance escalations
  • Researching, analyzing and providing recommended remediation efforts on action plans for matters that present sanctions and/or reputational risk
  • Overseeing control assessments and supporting the completion of company-wide Sanctions Risk Assessments
  • Staying current on key Sanctions regulatory changes, key enforcement actions and related industry trends
  • Assisting regional Heads of Compliance in ensuring that all regulatory processes are scalable and remain compliant
  • Developing, monitoring and reporting on a suite of KPIs / KRIs for various internal fora including Executive Leadership and Board-level reporting
  • Collaborating closely with the Compliance Operations team to operationalize the Sanctions Compliance program
  • Working closely with Legal, Product and other internal stakeholders to support license application processes across multiple regions
  • Presenting to regulators, examiners and auditors performing reviews of the Compliance program

Circle offers USDC, a regulated digital currency that enables near-instant, near-zero cost settlements and fully programmable capabilities, facilitating over $1.4 trillion in transactions. The main technologies/methods used include public blockchains for payments and financial applications.

Company Stage

Seed

Total Funding

$1.2B

Headquarters

null, null

Founded

2013

Growth & Insights
Headcount

6 month growth

1%

1 year growth

21%

2 year growth

67%

Benefits

Paid time off - We offer flexible paid time off — take what you need as long as it works with you and your team, and all Circle employees get mobile phone and home office reimbursements.

Health coverage - No matter where you live, we offer a market competitive suite of benefits. Enroll in health, dental, vision, disability, and life insurances, and Circle covers some or all of the premiums.

Invested in your future - All U.S. full-time and part-time employees enjoy 401(k) and pensions (with 4% company match if you contribute 5% or more), and share Circle’s success via company equity awards.

Learning & development - Your individual growth and development is important to us and we provide the resources to help you grow your career while at Circle.

INACTIVE