Director, UK Compliance Officer & MLRO

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worl

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currency and public blockchains for payments, commerce and financial applications worldwide. Circle platforms and products provide a suite of internet-native financial services for payments, treasury infrastructure and capital formation. Circle is also a principal developer of USD Coin (USDC), which has become the fastest growing dollar digital currency in the world. USDC has grown to over 53+ billion in circulation and supported over $1.9+ trillion in transactions in the past year. Circle’s payments and treasury infrastructure services available through the Circle Account and APIs helps bridge the legacy financial system and digital currency and blockchain based finance. Circle’s SeedInvest service brings internet-native fundraising and capital formation to startups and growth companies. Combined, Circle’s suite of services helps companies to participate in a more open, global and inclusive financial system.


What you’ll be part of:

With the mission “To raise global economic prosperity through the frictionless exchange of financial value,” Circle was founded on the belief that the internet, blockchains and digital currency will rewire the global economic system, creating a fundamentally more open, inclusive, efficient and integrated world economy. We envision a global economy where people and businesses everywhere can more freely connect and transact with each other with new technologies for digital money and internet-native finance. We believe such a system can raise prosperity for people and companies everywhere. Our mission is powered by the values we espouse and which we expect all Circlers to respect. We are Multistakeholder, serving the needs of our customers, our shareholders, our employees and families, our local communities and our world. Furthermore, we are also Mindful, Driven by Excellence, and High Integrity.


What you’ll be responsible for:

Our team is looking for a Compliance Officer and Money Laundering Reporting Officer (MLRO) within the Circle Compliance and Risk function in the UK. In this role, you will be responsible for supporting the strategy, development and implementation of Circle’s regulatory compliance program, serve as the primary point of contact with regulators in the UK and ensure the implementation and execution of controls that adequately comply with applicable regulatory requirements.

This position will work with the business and compliance/risk peers to ensure Circle’s business complies with applicable laws, rules, and regulations and implement the day to day functioning of our programs for all compliance matters, such as Licensing, KYC, Transaction Monitoring, Sanctions Screening, Reporting, Customer Protection and Risk Governance. You will provide oversight, identify risks, and keep the broader team informed of Circle’s regulatory initiatives.

The right candidate will possess and demonstrate deep regulatory, strategic, risk management, process and systems design, communication, time management, data analytics, presentation and change agility abilities.


What you’ll work on:

  • Drive the strategy, framework and execution of our Compliance program to ensure applicable UK regulatory requirements and our company’s risk requirements are being met comprehensively
  • Work closely with Compliance, ERM, Legal, Product, Operations and other cross-functional teams to understand the overall business environment and be the single point of contact for the day to day implementation and execution of the Compliance program related to the UK
  • Develop, maintain and review policies, procedures and processes to ensure compliance with applicable internal, legal and regulatory standards
  • Identifying regulatory challenges and changes relating to Circle’s products and services to ensure these are addressed/implemented in good time
  • Advise on any changes to our policies, procedures and controls through validation and implementation.
  • Interface with relevant regulators and other external stakeholders in explaining our Compliance program and ensure responsiveness to any regulatory engagements
  • Proactively analyze trends and patterns in alerts for AML and other parts of Compliance and effectively design our program
  • Perform oversight of our processing environment to ensure local compliance requirements are being followed as expected
  • Be responsible for coordinating with teams to handle escalations and reporting of suspicious transactions pursuant to regulatory obligations
  • Support the AML and Payments Compliance Program through production of key performance indicators (metrics) and other reporting
  • Report on and oversee internal and external investigations of money laundering and other financial crimes both alone and in collaboration with other internal stakeholders and outside counsel

You will aspire to our four core values:

  • Multistakeholder – you have dedication and commitment to our customers, shareholders, employees and families and local communities.
  • Mindful – you seek to be respectful, an active listener and to pay attention to detail.
  • Driven by Excellence – you are driven by our mission and our passion for customer success which means you relentlessly pursue excellence, that you do not tolerate mediocrity and you work intensely to achieve your goals.
  • High Integrity – you seek open and honest communication, and you hold yourself to very high moral and ethical standards. You reject manipulation, dishonesty and intolerance.

What you’ll bring to Circle:

  • Minimum 12 years of relevant experience within a financial services/technology regulatory compliance role, law enforcement role, or government agency role with deep expertise in financial crimes
  • Bachelor’s degree or equivalent experience as stated above
  • Have expert knowledge of regulatory obligations in the UK, including specifically, AML/Counter Terrorist Financing/Sanctions and E-money, Payments & Blockchain/Virtual Assets regulatory requirements
  • Have extensive experience in direct interaction experience with relevant regulatory agencies
  • 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
  • Proven ability to work with global teams in setting appropriate compliance programs
  • Knowledge of compliance requirements (red flags, typologies), process and system intricacies used in online, mobile and blockchain-based environments
  • Possess strong leadership qualities with the ability to manage both small and large teams, and demonstrate a strong work ethic as well as a high degree of integrity
  • Demonstrated understanding of and passion for harnessing the power of digital currency and blockchain technology and services built on top of it
  • Experience and comfort working in an ever-changing industry and the flexibility to quickly react to changing demands
  • Strong communication (written and verbal), planning and project management skills
  • Experience/familiarity with Slack, Apple MacOS and GSuite

We are an equal opportunity employer and value diversity at Circle. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status.

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