Circle is hiring a
Director

Summary

The job is for a Sanctions Compliance Director at financial technology company Circle. The role involves overseeing the development and management of Circle's Sanctions Compliance Program, providing guidance on sanctions regulatory requirements, and ensuring compliance with relevant regulations in all jurisdictions where Circle operates.

Requirements

• 12+ years of relevant experience in compliance with deep specialization in managing Sanctions programs
• 5+ years of experience managing and leading teams
• Compliance experience in either banking, consulting, or cryptocurrency required
• Proven experience with regulatory exams and presenting to examiners
• Extensive knowledge of and experience with OFAC, UN, and other Global Sanctions regulatory guidance
• Experience managing the configuration and performance of client and transaction sanction screening systems
• Familiarity with client screening and associated alert reviews
• Experience working hands-on with other cross-functional team leaders, such as lawyers, engineers, product managers, data analysts, operations analysts in improving compliance processes and systems
• Experience and comfort working in an ever changing industry and the flexibility to quickly react to changing demands
• Experience/familiarity with Slack, Apple MacOS and GSuite

Responsibilities

• Oversee the development and management of Circle’s Sanctions Compliance Program
• Provide timely guidance and advice to business and compliance/risk peers
• Ensure that relevant controls are in place and maintained to comply with the relevant regulations in all jurisdictions where Circle operates
• Establish internal strategies, policies, procedures, processes related to monitoring and fostering awareness of sanctions regulatory requirements
• Oversee the quality of sanctions control processes and set standards to manage and mitigate those sanctions risks and protect the business
• Owning the end-to-end Sanctions program and strategy, including the development of policies, standards, and other procedural or guidance materials
• Providing day-to-day guidance for designing sanctions screening platforms and controls for Circle’s services and all applicable sanctions regulations
• Planning, designing, developing and testing configurations for Sanction screening applications
• Performing data analysis, designing business requirements, understanding emerging issues, performing estimation and verify implementation of new features and enhancements
• Identifying, assessing, and advising on compliance risks and control enhancements to a variety of stakeholders and customers to mitigate risks related to AML and Sanctions
• Providing advice to the businesses on an ongoing basis on new business initiatives, new products, and customer-related matters with respect to applicability of policies, resolution of potential red flags or other compliance escalations
• Researching, analyzing and providing recommended remediation efforts on action plans for matters that present sanctions and/or reputational risk
• Overseeing control assessments and supporting the completion of company-wide Sanctions Risk Assessments
• Staying current on key Sanctions regulatory changes, key enforcement actions and related industry trends
• Assisting regional Heads of Compliance in ensuring that all regulatory processes are scalable and remain compliant
• Developing, monitoring and reporting on a suite of KPIs / KRIs for various internal fora including Executive Leadership and Board-level reporting
• Collaborating closely with the Compliance Operations team to operationalize the Sanctions Compliance program
• Working closely with Legal, Product and other internal stakeholders to support license application processes across multiple regions
• Presenting to regulators, examiners and auditors performing reviews of the Compliance program

Benefits

• Base Pay Range: $190,000 - $242,500
• Annual Bonus Target: 20%
• Equity & Benefits (including medical, dental, vision and 401(k))
• Day-one PERM sponsorship for qualified candidates
• Discretionary vacation policy
• 10 days of paid sick leave per year and 11 paid holidays per year in the U.S