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Chief Operating and Trust Officer, Circle National Trust

Role overview

Qualifications

  • 15+ years relevant experience in general management, finance, operations, or related discipline.
  • 10+ years of leading high performing teams.
  • Detailed knowledge and experience in implementing and managing a regulated business.
  • Strong communication, planning and project management skills.

Responsibilities

  • Oversee and manage the day-to-day operations and business of the Circle National Trust entity.
  • Report to the Circle executive leadership team and the Trust Board of Directors all key matters relating to Circle National Trust business.
  • Develop and own the business plan for Circle National Trust to maximize opportunities.
  • Ensure compliance with all applicable requirements imposed on Circle National Trust.

Key facts

Hard skills

Other skills

  • Management
  • Operations
  • Team Leadership
  • Communication
  • Planning
  • Collaboration

About the company

Circle logo

Circle

Blockchain, Crypto & Web3

Circle is a global financial technology firm that enables businesses of all sizes to harness the power of digital currencies and public blockchains for payments, commerce and financial applications worldwide. The Commissioner of Financial Regulation for the State of Maryland will accept all questions or complaints from Maryland residents regarding Circle Internet Financial, LLC (NMLS ID# 1201441) at 1100 North Eutaw Street, Suite 611, Baltimore, MD 21201, phone 1-888-784-0136. Circle's license status can be verified through the NMLS Consumer Access website at https://nmlsconsumeraccess.org. Circle Internet Financial, LLC is licensed as a Money Transmitter by the New York State Department of Financial Institutions and to engage in Virtual Currency Business Activity by the New York State Department of Financial Services. https://www.circle.com/en/legal/licenses

Company details

Company typeScaleup
IndustryBlockchain, Crypto & Web3
Company size501 - 1000

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Job description

Circle (NYSE: CRCL) is one of the world’s leading internet financial platform companies, building the foundation of a more open, global economy through digital assets, payment applications, and programmable blockchain infrastructure. Circle’s platform includes the world’s largest regulated stablecoin network anchored by USDC, Circle Payments Network for global money movement, and Arc, an enterprise-grade blockchain designed to become the Economic OS for the internet. Enterprises, financial institutions, and developers use Circle to power trusted, internet-scale financial innovation. Learn more at circle.com.

What you’ll be part of:

Circle is committed to visibility and stability in everything we do. As we grow as an organization, we're expanding into some of the world's strongest jurisdictions. Speed and efficiency are motivators for our success and our employees live by our company values: High Integrity, Future Forward, Multistakeholder, Mindful, and Driven by Excellence. We have built a flexible work environment where new ideas are encouraged and everyone is a stakeholder.

What you’ll be responsible for:

As Chief Operating and Trust Officer, Circle National Trust, you will operationalize this business and will serve as a principal resource to Circle Group’s executive leadership team and the Board of Directors of Circle National Trust, with chief responsibility for Circle National Trust operations, compliance, and performance.  


What you'll work on:

  • Oversee and manage the day-to-day operations and business of the Circle National Trust entity.
  • Represent the interests of Circle National Trust both within the Circle Group and externally.
  • Report to the Circle executive leadership team and the Trust Board of Directors all key matters relating to Circle National Trust business.
  • Develop and own the business plan for Circle National Trust  to maximize opportunities, and ensure that business operations are efficient and profitable.
  • Execute on the business plan and strategies and liaise with other senior executives to ensure cohesive operations.
  • Ensure that the Circle National Trust has proper operating resources.
  • Maintain effective systems and procedures for compliance matters and corporate governance to ensure that Circle National Trust business is conducted in a prudent and controlled manner in accordance with regulatory requirements.
  • Ensure compliance with all applicable requirements imposed on Circle National Trust, including related to its custody and other fiduciary activities.
  • Work to ensure there is a strong compliance and governance culture within Circle National Trust and that issues are escalated appropriately and risks are identified, discussed and mitigated in a timely manner.
  • Develop a centralized process for engaging with regulators and regulatory bodies and tracking all communications, actions, and outcomes.
  • Provide support and input for related audits or examinations from internal/external parties and collaborate with program leads to ensure findings are appropriately remediated.
  • Ensure that any accounting, tax, treasury, HR, and operational matters are managed appropriately and that the relevant Circle Group functions are prioritizing and resourcing appropriately.
  • Identify potential gaps and implementation opportunities and work cross functionally to build a long term foundation of Circle National Trust.
  • Encourage critical discussions and challenge mind-sets.
  • Promote effective communication between the executive and non-executive employees.

What you’ll bring to Circle National Trust:

  • 15+ years relevant experience in general management, finance, operations, or related discipline.
  • 10+ years of leading high performing teams.
  • Detailed knowledge and experience in implementing and managing a regulated business and the ongoing operations in a financial services business (with OCC-specific experience a plus).
  • Excellent ability to investigate, analyze, and interpret data as well as local and federal regulations.
  • Experience in a RegTech or Fintech company.
  • Establishes trust and collaboration with cross-functional stakeholders and team members.
  • Demonstrated understanding of and passion for harnessing the power of digital currency and blockchain technology and services built on top of it.
  • Embraces emerging technologies and actively identifies opportunities to use AI and automation to improve efficiency, decision-making, scalability and the quality of work.
  • Experience working hands-on with other cross-functional team leaders, such as engineers, product managers, data analysts, etc. to improve business processes.
  • Strong communication, planning and project management skills.

Circle is on a mission to create an inclusive financial future, with transparency at our core. We consider a wide variety of elements when crafting our compensation ranges and total compensation packages.

Starting pay is determined by various factors, including but not limited to: relevant experience, skill set, qualifications, and other business and organizational needs. Please note that compensation ranges may differ for candidates in other locations.

Base Pay Range: $252,500 - $305,833

We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status, or any other protected status required by the laws in the locations where we hire. Additionally, Circle participates in the E-Verify Program in certain locations, as required by law.

Should you require accommodations or assistance in our interview process because of a disability, please reach out to accommodations@circle.com for support. We respect your privacy and will connect with you separately from our interview process to accommodate your needs.

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Marcus Rivera

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