VP, Treasury Services

Circle is a global financial technology company that operates in the field of digital money. We are at the forefront of the evolving internet of money, where value can be transferred globally and quickly, and at a lower cost than traditional settlement systems. This new layer of the internet has opened up endless possibilities for payments, commerce, and markets, which can drive economic prosperity and inclusivity. Our infrastructure, including our blockchain-based dollar, called USDC, enables businesses, institutions, and developers to take advantage of these breakthroughs in technology and finance.

At Circle, we prioritize visibility and stability in all aspects of our work. As we grow and expand into different jurisdictions, our employees embody our company values of being mindful, driven by excellence, and upholding high integrity. We operate as a united team within a flexible and diverse work environment, encouraging new ideas and empowering everyone involved.

We are looking for an experienced leader to join our team. In this role, you will work closely with the Treasurer to develop and expand our Treasury Execution, Client Services, and Operations functions on a global scale. You will be responsible for managing various aspects of our business, such as balance sheet management, OTC operations, digital assets, and fiat operations. Your strategic partnership with our Product, Business, Engineering, and Customer Success teams will contribute to delivering risk-managed and operational solutions that create value for our customers and shareholders. You will also play a crucial role in developing processes and controls that surpass regulatory requirements. This position offers an opportunity to build and lead a strategic function that is essential to fulfilling Circle's mission.

Your main responsibilities include:

• Building and scaling a top-notch operations function to support continuous crypto and fiat flows globally.
• Developing and implementing a global foreign exchange strategy for crypto and fiat operations.
• Creating credit offerings for digital asset customers to enhance the efficiency of the stablecoin ecosystem.
• Overseeing corporate balance sheet risks, including interest rate, foreign exchange, and credit risks, and managing hedging activities.
• Facilitating new product launches and business lines by designing robust risk operational processes, infrastructure, and managing financial risks.
• Providing operational expertise and support for the OTC market-making business, covering asset custody, reporting, margin operations, and financial risk management.
• Collaborating with internal partners to ensure regulatory compliance and adherence to internal controls and processes.
• Building and managing a global network of transaction banking partners to improve stablecoin liquidity accessibility for our customers.
• Managing Treasury relationships with global financial service providers.
• Managing fiat operations, including fund flows, return handling, metrics, and reporting.
• Automating operational and reconciliation process flows to enhance operational redundancy, reduce errors, and increase efficiencies.
• Maintaining operational controls, policies, standards, and procedures.

As a Circle team member, you will embody our four core values:

• Multistakeholder: Dedication and commitment to our customers, shareholders, employees, and local communities.
• Mindful: Respectful, active listening, and attention to detail.
• Driven by Excellence: Relentless pursuit of excellence, intolerance for mediocrity, and intense drive to achieve goals.
• High Integrity: Open and honest communication, high moral and ethical standards, and rejection of manipulation, dishonesty, and intolerance.

Qualifications and skills we seek:

• 15+ years of full-time experience in treasury, banking, payments industry, or a related field.
• 8+ years of experience in team management and leadership.
• Prior experience in managing balance sheet risks and building and scaling operations functions.
• Strong work ethic and ability to thrive in a fast-paced environment.
• Ability to manage multiple competing priorities.
• Curiosity and interest in macroeconomics and business cycle modeling.
• Interest in the cryptocurrency and web3 ecosystems and their interaction with traditional finance.
• Proficiency in advanced excel/spreadsheet skills and/or basic computer programming capabilities (SQL, Python, AppScript, VBA, etc.).
• Experience or familiarity with Slack, Apple MacOS, and GSuite.

Additional Information:

• This position is eligible for day-one PERM sponsorship for qualified candidates.

Circle is committed to creating an inclusive financial future with transparency. We consider various factors when determining compensation ranges and total compensation packages. The actual starting pay will be determined based on relevant experience, skill set, qualifications, and business needs. Compensation ranges may differ for candidates in different locations.

At Circle, we value diversity and are 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. In certain locations, Circle participates in the E-Verify Program as required by law.

Base Pay Range: $252,500 - $332,500 Annual Bonus Target: 30% Included: Equity & Benefits (medical, dental, vision, and 401(k)), discretionary vacation policy, 10 days of paid sick leave per year, and 11 paid holidays per year in the U.S.

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