Director – Sanctions Compliance
Posted on 4/2/2024
Circle

1,001-5,000 employees

Platform for businesses to accept payments and send payouts
Company Overview
Circle's mission is to raise global economic prosperity through programmable internet commerce. The company is a global financial technology firm that’s at the center of digital currency innovation and open financial infrastructure.
Financial Services
Crypto & Web3

Company Stage

Seed

Total Funding

$1.2B

Founded

2013

Headquarters

,

Growth & Insights
Headcount

6 month growth

4%

1 year growth

25%

2 year growth

101%
Locations
Remote in USA
Experience Level
Entry
Junior
Mid
Senior
Expert
Desired Skills
Data Analysis
CategoriesNew
Legal
Risk & Compliance
Legal & Compliance
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
  • Overseeing 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.