VP, Treasury Services
What you'll be part of:
Circle values transparency and stability in all aspects of its operations. As we expand into highly-regulated jurisdictions, our success is driven by our commitment to speed and efficiency. Our employees embody our core values of being multi-stakeholder oriented, mindful, driven by excellence, and having high integrity. We operate in a remote environment where collaboration and diverse perspectives are encouraged.
Your responsibilities:
Circle is seeking an experienced leader to collaborate with the Treasurer in the development and expansion of a world-class Treasury Execution, Client Services, and Operations function. This includes managing the balance sheets of new products, OTC, digital assets, and fiat operations. You will identify areas for operational improvements, promote standardization and automation across risk management and operational aspects, and work closely with various teams to deliver risk-managed and operational solutions to our customers. Additionally, you will ensure compliance with regulatory requirements while developing and implementing best-in-class processes and controls. This position is pivotal to achieving Circle's mission.
What you'll do:
- Build and grow a top-tier operations function to support 24/7 transactions involving cryptocurrency and fiat.
- Create and implement a global foreign exchange strategy for cryptocurrency and fiat operations.
- Develop and establish credit offerings for digital asset customers to enhance the efficiency of the stablecoin ecosystem.
- Manage balance sheet risks, including managing interest rate, foreign exchange, and credit risks.
- Support new product launches and business lines by designing robust risk operational processes and managing financial risks.
- Provide operational expertise and support for the OTC market making business, including asset custody, reporting, margin operations, and financial risk management.
- Collaborate closely with internal teams to ensure regulatory compliance and adherence to internal controls and processes.
- Establish and manage a global network of transaction banking partners to enhance stablecoin liquidity for customers.
- Overseeses relationships with global financial service providers, such as transaction banking and financial market utilities.
- Lead fiat operations, including funds flows, exception handling, metrics, and reporting.
- Automate operational and reconciliation processes to improve efficiency and reduce errors.
- Maintain operational controls, policies, standards, and procedures for operational activities.
Our core values:
As a Circle employee, you will embody our four core values:
- Multistakeholder - Show dedication and commitment to our customers, shareholders, employees, families, and local communities.
- Mindful - Be respectful, attentive to detail, and an active listener.
- Driven by Excellence - Relentlessly pursue excellence, have a passion for customer success, and refuse to settle for mediocrity.
- High Integrity - Prioritize open and honest communication and adhere to high moral and ethical standards. Reject manipulation, dishonesty, and intolerance.
Your qualifications:
- 15+ years of full-time experience in treasury, banking, payments industry, or a related field.
- 8+ years of team management and leadership experience.
- Prior experience in managing balance sheet risks and scaling operations.
- Strong work ethic and ability to thrive in a fast-paced environment.
- Excellent prioritization and decision-making skills.
- Interest in macroeconomics and business cycle modeling.
- Familiarity with the cryptocurrency and web3 ecosystems and their interaction with traditional finance.
- Advanced spreadsheet skills and basic programming knowledge (SQL, Python, AppScript, VBA, etc.).
- Experience with Slack, Apple MacOS, and GSuite.
Additional Information:
- Qualified candidates may be eligible for PERM sponsorship on day one.
- Compensation ranges and total packages are determined based on various factors, including experience, qualifications, and business needs.
- Base Pay Range: $252,500 - $332,500
- Annual Bonus Target: 30%
- Other Benefits: Equity, medical, dental, vision, 401(k), flexible vacation policy, 10 days of paid sick leave per year, and 11 paid holidays per year in the U.S.
At Circle, we are committed to fostering an inclusive work environment and value diversity. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Certain locations may require participation in the E-Verify Program, as mandated by law.