VP, Treasury Services
Company Overview:
Circle is a fast-growing financial technology company that is revolutionizing the way money moves globally. Our innovative blockchain-based solutions enable fast, secure, and cost-effective transactions, and we are at the forefront of the internet of money. With our advanced infrastructure, including the USDC stablecoin, we empower businesses, institutions, and developers to leverage the benefits of digital currency and capitalize on the evolutionary potential of the financial industry.
Who We Are:
At Circle, we value transparency, stability, and exceptional performance. As a remote team, we believe in the power of collaboration and diversity. We foster a flexible work environment that encourages new ideas and treats everyone as a valuable contributor. With a strong commitment to our core values of Multistakeholder, Mindfulness, Driven by Excellence, and High Integrity, we strive for excellence and success in everything we do.
Job Responsibilities and Duties:
Circle is seeking an experienced leader to collaborate with our Treasurer in scaling and developing a world-class Treasury Execution, Client Services, and Operations functions. This role involves overseeing balance sheet management, including new product offerings, digital assets, and fiat operations. As a strategic partner, you will work closely with our Product, Business, Engineering, and Customer Success teams to deliver operational and risk-management solutions that create value for our customers and shareholders. You will also play a crucial role in building robust processes and controls that exceed regulatory requirements. This position offers the opportunity to establish a core function essential to fulfilling Circle's mission.
Key Areas of Work:
- Establishing and scaling an industry-leading operations function that supports 24/7 crypto and fiat flows.
- Developing and implementing a global foreign exchange strategy for digital currency and fiat operations.
- Creating credit offerings for digital asset customers to enhance the stability of the stablecoin ecosystem.
- Managing corporate balance sheet risks, including interest rate, foreign exchange, and credit risks.
- Facilitating the launch of new products and lines of business with strong risk-management processes and infrastructure.
- Providing operational expertise and support for the OTC market-making business, including asset custody, margin operations, and financial risk management.
- Collaborating closely with internal partners to ensure compliance with regulatory requirements and internal controls in end-to-end process flows.
- Building and managing a global network of transaction banking partners to provide stablecoin liquidity.
- Overseeing treasury relationships with global financial service providers.
- Managing fiat operations, including funds flows, exception handling, and reporting.
- Automating operational and reconciliation processes to enhance efficiency and reduce errors.
- Maintaining operational controls, policies, standards, and procedures for all operational activities.
Minimum Qualifications:
- 15+ years of full-time experience in treasury, banking, payments, or related fields.
- 8+ years of experience in managing, building, and leading teams.
- Proven track record in balance sheet risk management and scaling operations functions.
- Strong work ethic and ability to thrive in a fast-paced environment.
- Excellent multitasking and prioritization skills.
- Inquisitive mindset with an interest in macroeconomics and business cycle modeling.
- Familiarity with the cryptocurrency and web3 ecosystems and their interface with traditional finance.
- Proficiency with advanced spreadsheet applications and/or basic computer programming skills (SQL, Python, etc.)
- Experience using Slack, Apple MacOS, and GSuite.
Additional Information:
- This position is eligible for day-one PERM sponsorship for qualified candidates.
- Circle adopts a comprehensive, non-discriminatory approach to compensation, considering various factors such as experience, qualifications, and business needs.
- Base pay range: $252,500 - $332,500.
- Annual bonus target: 30%.
- Equity and benefits package (medical, dental, vision, 401(k)).
- Discretionary vacation policy, 10 days of paid sick leave, and 11 paid holidays per year (U.S.).
- Circle is an equal opportunity employer and promotes diversity in the workplace. We comply with the E-Verify Program requirements in specific locations as mandated by law.
Note: #LI-Remote