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Full-Time

Senior Director

Compliance and Risk Platform

Posted on 8/8/2024

Circle

Circle

1,001-5,000 employees

Provides regulated digital currency USDC

Crypto & Web3
Fintech

Compensation Overview

$242.5k - $302.5kAnnually

+ Bonus + Equity + Benefits

Senior, Expert

Remote in USA

Remote first in the US, with Miami as a preferred location.

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 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

Boston, Massachusetts

Founded

2013

Growth & Insights
Headcount

6 month growth

-6%

1 year growth

-3%

2 year growth

3%
Simplify Jobs

Simplify's Take

What believers are saying

  • Achieving MiCA compliance and an EMI license from France positions Circle for significant growth and acceptance in the European market.
  • The partnership with Chainlink could drive institutional adoption of stablecoins, opening new revenue streams and enhancing Circle's market position.
  • Circle's focus on regulatory compliance and strategic partnerships may attract more developers and financial institutions to its platform, fostering innovation and expansion.

What critics are saying

  • Regulatory changes and compliance costs in different jurisdictions could impact Circle's operational efficiency and profitability.
  • The competitive landscape of stablecoins is intense, with major players like Tether and Binance USD posing significant challenges.

What makes Circle unique

  • Circle's compliance with the EU's MiCA regulations and attainment of an EMI license from France sets it apart as a leader in regulatory adherence within the stablecoin market.
  • The strategic partnership with Chainlink to expand stablecoin utility for institutions highlights Circle's commitment to integrating stablecoins into mainstream financial systems.
  • Circle's dual offering of USDC and EURC stablecoins provides a diversified approach to stablecoin issuance, catering to both USD and Euro markets.

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