VP, Treasury Services

Job Description

Circle is a fintech company that operates at the forefront of the growing internet of money. We enable the seamless and cost-effective transfer of value globally, leveraging blockchain technology and our own USDC stablecoin. Our goal is to empower businesses, institutions, and developers to capitalize on the evolving landscape of finance and technology, ultimately driving global economic growth and inclusivity.

What You'll Be Part Of

Join a company that values transparency, stability, and success. At Circle, our employees embody our core values: Multistakeholder, Mindfulness, Driven by Excellence, and High Integrity. We believe in the power of collaboration, remote work, and a diverse team that welcomes innovation and shared ownership.

Your Responsibilities

Circle is seeking an experienced leader to work with the Treasurer in delivering best-in-class Treasury Execution, Client Services, and Operational functions. This includes managing various aspects of balance sheet management, OTC transactions, digital assets, and fiat operations. As part of your role, your focus will be on streamlining operations, standardizing processes, and utilizing automation to optimize risk management and operations. Collaboration with Product, Business, Engineering, and Customer Success teams will be essential to provide holistic solutions that generate value for our customers and shareholders. A key aspect of this position will be building and implementing robust processes and controls to meet and exceed regulatory requirements. Overall, this role will have a strategic impact on fulfilling Circle's mission.

Your Key Responsibilities:

• Establishing and expanding a world-class operations function to support the global flow of cryptocurrencies and fiat currencies around the clock
• Developing and implementing a global foreign exchange strategy for crypto and fiat operations
• Creating credit programs for digital asset customers to enhance the stability of the stablecoin ecosystem
• Managing risks associated with the corporate balance sheet, including interest rates, foreign exchange, credit, and hedging activities
• Supporting the launch of new products and business lines by designing robust risk operational processes, infrastructure, and financial risk management measures
• Providing operational expertise and support for the OTC market making business, covering asset custody, reporting, margin operations, and financial risk management
• Collaborating closely with internal partners to ensure adherence to regulatory requirements and internal controls
• Expanding and managing a global network of transaction banking partners to enable easy access to stablecoin liquidity for customers
• Overseeing relationships with global financial service providers related to treasury operations
• Taking ownership of fiat operations, including funds flows, exceptions handling, metrics, and reporting
• Automating operational and reconciliation processes to enhance redundancy, minimize errors, and drive efficiency
• Maintaining operational controls, policies, standards, and procedures

Our Core Values

Embrace and represent our four core values:

• Multistakeholder: Prioritize the interests of customers, shareholders, employees, and communities
• Mindful: Show respect, active listening skills, and attention to detail
• Driven by Excellence: Pursue excellence, reject mediocrity, and work tirelessly towards goals
• High Integrity: Communicate openly and honestly, holding oneself to high moral and ethical standards

Qualifications

• 15+ years of experience in treasury, banking, payments, or a related field
• 8+ years of experience in managing teams and driving organizational growth
• Strong work ethic and ability to thrive in a fast-paced environment
• Excellent prioritization and multitasking skills
• Interest in macroeconomics and business cycle modeling
• Knowledge or curiosity about cryptocurrency, web3 ecosystems, and their interactions with traditional finance
• Proficient in advanced spreadsheet skills such as Excel and basic computer programming languages like SQL, Python, AppScript, or VBA
• Familiarity with tools like Slack, Apple MacOS, and GSuite

Additional Information

• This position is eligible for PERM sponsorship on the first day for qualified candidates.
• Circle values diversity and is an equal opportunity employer. We do not discriminate based on race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. Circle also participates in the E-Verify Program in specific locations as required by law.

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