VP, Treasury Services
Job Description
Circle is a financial technology company at the forefront of the emerging internet of money, enabling value to be transferred quickly, globally, and at low cost. Our innovative technology opens up new possibilities for payments, commerce, and markets, driving global economic prosperity and inclusivity. With our blockchain-based dollar USDC, we empower businesses, institutions, and developers to leverage these transformative breakthroughs in money and technology.
Join Our Team:
At Circle, we prioritize transparency and stability. As we expand into strong jurisdictions, we value speed and efficiency in everything we do. Our remote-friendly work environment fosters collaboration and welcomes new ideas. We believe that our employees' commitment and adherence to our core values – Multistakeholder, Mindfulness, Driven by Excellence, and High Integrity – are key drivers of our success.
Your Responsibilities:
We are seeking an experienced leader to work alongside the Treasurer in developing and scaling a high-performing Treasury Execution, Client Services, and Operations team. You will oversee balance sheet management for new product offerings, OTC, digital asset, and fiat operations, identifying opportunities for streamlining processes and automation. Your strategic partnership with Product, Business, Engineering, and Customer Success teams will result in risk-managed and operationally efficient solutions that create value for our customers and shareholders. You will also be responsible for implementing best-in-class processes and controls that exceed regulatory requirements. This role offers an opportunity to build a critical function that aligns with Circle's mission.
Your Focus Areas:
- Building and expanding a top-notch firmwide operations function to support continuous crypto and fiat flows
- Developing and executing a global foreign exchange strategy for crypto and fiat operations
- Enhancing the stablecoin ecosystem through the development of credit offerings for digital asset customers
- Managing corporate balance sheet risks, including interest rate, fx, credit risk, and hedging activities
- Facilitating the launch of new products and business lines with robust risk operational processes and infrastructure
- Providing operational expertise and support for the OTC market making business, including asset custody, reporting, margin operations, and financial risk management
- Collaborating closely with internal partners to ensure regulatory compliance and adherence to internal controls and processes
- Establishing and managing a global network of transaction banking partners to ensure liquidity for stablecoins
- Overseeing treasury relationships with global financial service providers
- Managing fiat operations, including funds flows, exceptions handling, reporting, and metrics
- Automating operational and reconciliation processes to enhance redundancy, reduce errors, and increase efficiency
- Maintaining operational controls, policies, standards, and procedures
Our Core Values:
You will embody our four core values:
- Multistakeholder: Dedication to our customers, shareholders, employees, families, and communities
- Mindful: Respecting others, actively listening, and paying attention to details
- Driven by Excellence: Relentlessly pursuing excellence, refusing mediocrity, and working intensively to achieve goals
- High Integrity: Holding ourselves to high moral and ethical standards, promoting open and honest communication, and rejecting manipulation and dishonesty
Qualifications:
To succeed in this role, you will bring:
- 15+ years of full-time experience in treasury, banking, payments industry, or a related field
- 8+ years of experience in managing, building, and leading teams
- Prior experience in managing balance sheet risks and scaling an operations function
- Strong work ethic and the ability to thrive in a fast-paced environment
- Exceptional time management and prioritization skills
- Keen interest in macroeconomics and business cycle modeling
- Knowledge and curiosity about the cryptocurrency and web3 ecosystems' interactions with traditional finance
- Strong proficiency in Excel/spreadsheets and familiarity with basic programming capabilities (SQL, Python, AppScript, VBA, etc.)
- Familiarity with Slack, Apple MacOS, and GSuite
Additional Information:
- This position is eligible for day-one PERM sponsorship for qualified candidates.
- Compensation may vary based on relevant experience, qualifications, and other factors.
- Compensation package includes base pay, annual bonus, equity, and benefits (medical, dental, vision, 401(k)).
- Circle is an equal opportunity employer and values diversity. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We also participate in the E-Verify Program in certain locations, as required by law.