Full-Time

Senior Director

Compliance and Risk Platform

Posted on 8/8/2024

Circle

Circle

1,001-5,000 employees

Facilitates digital currency payments and commerce

Fintech
Financial Services

Compensation Overview

$242.5k - $302.5kAnnually

+ Bonus + Equity + Benefits

Senior, Expert

Chicago, IL, USA

Remote first in the US, implying potential in-office presence.

Category
Insurance
Risk Management
Finance & Banking
Requirements
  • 15+ years of relevant experience in implementing KYC, AML, or Sanctions technologies in scaled companies, including leading programs for Fintech or crypto businesses. Compliance policy, product or engineering experience in either banking, consulting, or cryptocurrency required.
  • 10+ years in executive, managerial or people leadership capacities, or equivalent entrepreneurship roles.
  • Experience in RegTech or Fintech companies is preferred. You are a creative product mind, an avid problem solver and a highly collaborative team member.
  • You have experience designing risk and compliance operational workflows and deeply understand the expected rigor required in our operations.
  • You are a self-starter and fast-moving when it comes to putting plans into motion - you don't need to work from a script.
  • Highly quantitative, analytical, and business minded with a data-driven approach to decision making. Proven experience with regulatory exams and presenting to examiners.
  • Ability to lead, influence, and motivate individuals and teams. Skilled in holding people accountable and establishing high standards of excellence.
  • Executive presence with an ability to influence and work 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 leading diverse teams in a complex, matrixed organization. Deep experience and knowledge of traditional money laundering and terrorist financing typologies.
  • Experience/familiarity with Slack, Apple MacOS and GSuite.
Responsibilities
  • Own the Compliance and Risk Platform Product Strategy and associated product roadmap, including stakeholder coordination, business requirements development and prioritization assessment.
  • Hire and grow a global team of product managers for Compliance and Risk Platform.
  • Lead the evolution of our existing tools and systems, making incremental improvements along the way while developing the solutions to reimagine those systems.
  • Build deep relationships and create strategic alliances to establish trust with key stakeholders across legal, risk, compliance, engineering, product etc. to accelerate delivery of risk and compliance initiatives.
  • Proactively identify process gaps, roadblocks, bottlenecks, and inefficiencies that will negatively impact risk and compliance platform efforts and mitigate them.
  • Partner with all key stakeholders to define the product requirements, develop insights and write detailed user stories to deliver features and functionality to scale Circle's Risk and compliance functions.
  • Represent risk and compliance needs at the highest levels across the organization and be capable of advocating for and/or defending decisions associated with the defined strategy and execution plans.
  • Own the development and maintenance of all documentation that details the composition and inner workings of the Compliance Platform. Establish and maintain transparent processes to gather, assess and prioritize functional needs from all risk and compliance stakeholders.
  • Participate in all aspects of the development life cycle, from definition through deployment and support to ensure that timely advice and risk and compliance consultation is provided as necessary.
  • Communicate product status, metrics, goals and performance clearly to internal stakeholders throughout the organization, including impacted teams.
  • Develop, monitor and report on a suite of KPIs / KRIs for various internal reviews including Executive Leadership and Board-level reporting.
  • Present to regulators, examiners and auditors performing reviews of the Compliance program.

Circle is a financial technology firm that helps businesses use digital currencies and public blockchains for various financial activities, including payments and commerce. The company provides a platform that allows clients, ranging from small businesses to large corporations, to securely and efficiently engage with digital currencies. Circle makes money through transaction fees and service charges related to these digital currency transactions. What sets Circle apart from its competitors is its focus on leveraging blockchain technology to enhance financial services, making it a significant player in the digital finance sector. The goal of Circle is to empower businesses to take advantage of the benefits of digital currencies and improve their financial operations.

Company Stage

IPO

Total Funding

$1.1B

Headquarters

Boston, Massachusetts

Founded

2013

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-1%

2 year growth

2%
Simplify Jobs

Simplify's Take

What believers are saying

  • Circle's strategic partnership with Binance expands USDC's market reach and user base.
  • Integration of AI in compliance tools enhances Circle's operational efficiency.
  • Maturation of blockchain technology boosts Circle's cross-border payment services.

What critics are saying

  • KuCoin Pay's launch poses a competitive threat to Circle's payment solutions.
  • Brazil's potential ban on stablecoin withdrawals could limit Circle's regional operations.
  • Emergence of new blockchain technologies may challenge Circle's current infrastructure.

What makes Circle unique

  • Circle leverages stablecoins for efficient payments and e-commerce solutions.
  • Circle's partnership with Binance enhances USDC's global adoption and utility.
  • Circle's blockchain technology offers secure and transparent financial services.

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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.

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