Job title: Director, KYC and Sales Compliance

Company: Circle Internet Financial

Job description: Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worldwide. Circle platforms and products provide a suite of internet-native financial services for payments, treasury infrastructure and capital formation. Circle is also a principal developer of USD Coin (USDC), which has become the fastest growing dollar digital currency in the world. USDC has grown to over 40 billion in circulation and supported over $1.3 trillion in transactions in the past year. Circle’s payments and treasury infrastructure services available through the Circle Account and APIs helps bridge the legacy financial system and digital currency and blockchain based finance. Circle’s SeedInvest service brings internet-native fundraising and capital formation to startups and growth companies. Combined, Circle’s suite of services helps companies to participate in a more open, global and inclusive financial system.

What you’ll be part of:

With the mission “To raise global economic prosperity through the frictionless exchange of financial value,” Circle was founded on the belief that the internet, blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other with new technologies for digital money and internet-native finance. We believe such a system can raise prosperity for people and companies everywhere. Our mission is powered by the values we espouse and which we expect all Circlers to respect. We are Multistakeholder, serving the needs of our customers, our shareholders, our employees and families, our local communities and our world. Furthermore, we are also Mindful, Driven by Excellence, and High Integrity.

What you’ll be responsible for:

This role will oversee the development and management of Circle’s Global KYC Program as well as Circle’s Sales and Marketing Compliance Program. As a key leader within the second line of defense Compliance team, you will develop the respective programs and lead the compliance efforts through the end to end customer and product lifecycle. You will work with the business and compliance/risk peers to provide timely guidance and advice and ensure that the relevant controls are in place and maintained to comply with the relevant regulations in all the jurisdictions in which Circle operates.

We are seeking someone with a demonstrated history of successfully owning and managing large, complex program areas and engaging with cross-functional teams, and numerous stakeholders, directly and through influence. The ideal candidate has extensive experience managing customer facing compliance programs in large scale financial services/Fintech companies, including leveraging technological solutions to solving compliance issues.

What you’ll work on:

  • Own the end to end global KYC strategy, including risk-based analysis and associated management of our service lines, customer segments, and funds flows.
  • Own the design and implementation of processes including the documentation of policies, standards, and other procedural or guidance materials.
  • Partner with Circle’s Sales and Marketing teams to establish a best-in-class Compliance Advisory and Support function to support market expansion and scaling initiatives in a fully compliant manner.
  • Lead the team that will be the primary point of contact with customers in thinking through how Compliance should be built into the specific customer relationship and products/services.
  • Provide embedded functional support to facilitate the completion of due diligence for prospective clients through direct engagement and business case assessment.
  • Identify, assess, and advise on compliance risks and controls to a variety of stakeholders and customers.
  • Serve as a key partner for product development teams through the provision of timely guidance and support throughout the product lifecycle.
  • Assist regional Heads of Compliance in ensuring that all regulatory processes are scalable and remain compliant.
  • Develop, monitor and report on a suite of KPIs / KRIs for various internal fora including Executive Leadership and Board-level reporting.
  • Collaborate closely with the Compliance Operations team to operationalize the KYC and Sales Compliance programs.
  • Work closely with Legal, Product and other internal stakeholders to support license application processes across multiple regions.
  • Present to regulators, examiners and auditors performing reviews of the Compliance program.

You will aspire to our four core values:

  • 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.

What you’ll bring to Circle:

  • 12+ years of relevant experience in KYC, AML, or Sanctions programs, including leading programs for Fintech or crypto businesses.
  • 5+ years of management experience.
  • 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.
  • 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.
  • Deep experience and knowledge of traditional money laundering and terrorist financing typologies.
  • 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.

We are an equal opportunity employer and value diversity at Circle. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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Expected salary:

Location: Indiana – San Jose, CA

Job date: Sat, 18 Dec 2021 06:56:11 GMT

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