Director, Sanctions Compliance

Boston, USA
Full time
Remote
Compensation is not specified
Role
CTO
Description

About the Company:

Circle is a financial technology company operating within the evolving landscape of digital finance. By enabling the global transfer of value in a swift, cost-effective manner, Circle plays a pivotal role in ushering in a new era where money moves as seamlessly as digital information. Through its foundational technology and assets like USDC, a blockchain-based dollar, Circle empowers businesses, institutions, and developers to leverage innovative financial opportunities during this pivotal convergence of money and technology.

Your Team:

Join a community of dedicated professionals at Circle who prioritize transparency and consistency across all endeavors. As Circle expands its presence across global jurisdictions, speed and proficiency remain core drivers of our organizational achievements. Anchored in company values like Multistakeholder engagement, Mindfulness, pursuit of Excellence, and unwavering Integrity, Circlers strive for continuous evolution within a collaborative digital workspace. Embrace a flexible, diverse work culture that fosters creativity, values novel ideas, and recognizes every team member as a vital contributor.

Your Role:

Circle seeks a talented individual to assume the role of Sanctions Compliance Director responsible for overseeing the establishment and management of the Sanctions Compliance Program. As a pivotal member of the Compliance team's oversight framework, this position entails the development and enforcement of standards governing Circle's global sanctions initiatives. Your key duties will involve collaborating with internal stakeholders to guarantee adherence to prevailing regulations across all operational jurisdictions. You will be charged with formulating internal strategies, defining policies, procedures, and frameworks for monitoring sanctions-related risks, and instituting standards to mitigate these risks effectively.

Key Responsibilities:

In this role, you will be tasked with:

  • Managing the end-to-end Sanctions strategy and program by developing policies, standards, and procedural resources.
  • Providing guidance on designing sanctions screening platforms in compliance with regulations.
  • Participating in the testing and configuration of Sanction screening systems.
  • Analyzing data, defining business requirements, and addressing compliance risks.
  • Advising stakeholders on compliance matters and potential enhancements.
  • Researching and recommending strategies to mitigate sanctions and reputational risks.
  • Facilitating control assessments and overseeing company-wide Risk Assessments.
  • Keeping abreast of Sanctions regulatory changes and industry trends.
  • Collaborating with cross-functional teams to operationalize the Sanctions Compliance program.
  • Liaising with Legal, Product teams to facilitate license application processes.
  • Conducting presentations for regulators and auditors during compliance reviews.

Your Values at Circle:

Demonstrate commitment to and alignment with Circle's core values:

  • Multistakeholder: devoted to customer, shareholder, employee, and community welfare.
  • Mindful: exhibit respect, active listening, and attention to detail.
  • Driven by Excellence: be motivated by the mission, pursue customer success relentlessly, and uphold high standards of performance.
  • High Integrity: prioritize open, honest communication, high ethical standards, and reject dishonest practices.

Qualifications:

  • 12+ years of compliance experience, specialized in managing Sanctions programs.
  • 5+ years of team leadership experience.
  • Compliance expertise in banking, consulting, or cryptocurrency; familiarity with RegTech or Fintech is beneficial.
  • Extensive knowledge of OFAC, UN, and Global Sanctions regulations.
  • Hands-on experience in configuring and operating screening systems.
  • Proficiency collaborating with diverse teams and adapting to industry changes.
  • Familiarity with Slack, Apple MacOS, and GSuite.

Additional Details:

  • This role offers day-one PERM sponsorship for eligible candidates.
  • Compensation is influenced by various factors, including experience, skills, and organizational requirements.
  • Base Pay Range: $190,000 - $242,500. Additional equity, bonuses, and benefits offered.
  • Circle upholds equal opportunity employment and inclusivity in its workforce.

Join Circle in shaping a financial ecosystem that embodies transparency, innovation, and fairness.

Skills Required
Avatar
Circle
Company size
Not specified
Location
United States
Description
We believe in a future where digital dollars work securely around the world to create a more prosperous global economy for everyone.

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