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Posted November 24, 2021
Circle

Vice President, Global Financial Crimes Compliance

Circle
Richmond - will also consider remote in US Remote Full Time

What you’ll be part of: With the mission “To raise global economic prosperity through the frictionless exchange of financial value,” Circle was...

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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:

The VP, Global Financial Crimes Compliance will oversee the development and management of Circle’s financial crimes compliance programs, including but not limited to, anti-money laundering (AML), Counter-Terrorist Financing (CTF) and Sanctions. You will lead the team responsible for the strategy, design and implementation of risk-based controls to comply with AML/CTF/Sanctions regulations in all the jurisdictions in which Circle operates.

What you'll work on:

  • Own the end to end global AML processes including the documentation of policies, standards, annual training, risk assessments, and board reporting.
  • Serve as Circle’s BSA/AML and OFAC Officer.
  • Develop and oversee a team of compliance officers that serve as the global second line of defense, including supporting prioritization efforts, handling escalations and coaching/guiding team members as necessary.
  • Serve as a key partner for product development teams through the provision of timely guidance and support throughout the product lifecycle.
  • 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 AML and sanctions programs.
  • Present to regulators, examiners and auditors performing reviews of the AML program.
  • Develop, maintain, and iterate upon standards and procedures that support the AML and sanctions program.
  • Pursue a program of continuous improvement in Circle’s BSA/AML/OFAC program through the Identification of gaps and enhancement opportunities in our controls and work closely with a range of internal stakeholders including Compliance Operations, Legal, Product and Engineering teams to develop creative solutions.
  • Improve and lead best-in-practice methodologies for managing customer due diligence, transaction monitoring and suspicious activity reporting.
  • Closely follow relevant legal, compliance, and enforcement developments and upstream risks in the cryptocurrency industry to ensure Circle maintains best in class AML/OFAC compliance programs that fully account for the latest developments.
  • Collaborate with Circle’s Policy team to liaise with regulators globally and trade associations to champion Circle’s policy objectives.
  • Partner with Circle’s legal, engineering and product teams to ensure the AML and sanctions program is supported with the most effective tools and technological support.

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:

  • 15+ years of relevant experience in AML and sanctions, including 5+ years leading programs for Fintech or crypto businesses.
  • Proven experience with regulatory exams and presenting to examiners.
  • 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.

About

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 35 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.

This listing expired on Jan 07. Applications are no longer accepted.

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