Director – Compliance Monitoring and Testing
Posted on 4/4/2023

201-500 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.
Remote • Atlanta, GA, USA
Experience Level
  • 12+ years relevant experience in compliance, internal audit or related discipline
  • 5+ years of experience managing and leading teams
  • Detailed knowledge of compliance standards as they relate to OFAC, AML, KYC, Card Brand, money transmission, payments and e-money
  • Prior hands-on experience in a monitoring and testing role within Compliance Testing or Internal Audit, preferably in a BSA/AML/OFAC capacity
  • Compliance experience in either banking, consulting, or cryptocurrency required. Experience in RegTech or Fintech companies is preferred
  • Strong communication, planning and project management skills
  • Establishes trust and collaboration with cross-functional stakeholders and team members
  • Strong attention to detail
  • Excellent ability to investigate, analyze, an interpret data as well as state and federal regulations
  • Demonstrated understanding of and passion for harnessing the power of digital currency and blockchain technology and services built on top of it
  • 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
  • Leading the design and implementation of a risk-based regulatory compliance monitoring & testing framework to provide independent, risk-based monitoring and testing of Circle's Compliance programs
  • Developing and delivering the annual Compliance Monitoring & Testing plan, ensuring coverage for existing and new regulations, changes to existing regulations and any audit or exam findings
  • Managing all daily aspects of Circle's Compliance Monitoring & Testing Program
  • Developing and overseeing a team of testers who are executing the monitoring and testing program, including priority setting, coaching team members, reviewing workpapers for accuracy, completeness, and conformance with standards and methodology
  • Ensuring second line monitoring reviews are delivered on time and to an appropriate standard of quality
  • Overseeing the tracking of corrective action plans and effectively challenging and managing the satisfactory resolution of issues, including ensuring adequate remediation plans and validation to ensure proper and timely resolution
  • Identifying, assessing, effectively challenging and overseeing the satisfactory resolution of issues, including ensuring adequate management remediation plans and validation
  • Partnering with program owners, subject matter experts and all relevant stakeholders to understand requirements (e.g. laws, regulations, guidelines, policies) of compliance, enterprise programs and products
  • Evaluating design and operating effectiveness of controls, assess identified findings, determine root causes, propose risk ratings in accordance with internal guidelines and standards, and draft recommendations and reports
  • Documenting test results, and reporting metrics in GRC Tool and/or central repository
  • Managing the assignment and execution of closure verification testing to ensure testing conforms to guidelines and standards, workpapers are complete and accurate, and the testing is completed in a timely manner
  • Collaborating with the business to strengthen compliance maturity for programs and products
  • Preparing testing scope, work papers, and reports capturing final results of testing
  • Developing and document detailed testing scripts covering testing of controls evaluations and testing of transactions to assess adherence to compliance/risk rules
  • Ensuring testing engagements and other assignments are completed within established timeframes, and/or provide early escalation of anticipated delays to senior management
  • Executing, organizing and prioritizing testing in a timely manner, ensuring deliverables are achieved. while maintaining accuracy
  • Multistakeholder - you have dedication and commitment to our customers, shareholders, employees and families and local communities
  • Mindful - you seek to be respectful, an active listener and to pay attention to detail
  • Driven by Excellence - you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals
  • High Integrity - you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance