Head of Internal Audit, Circle
Salary not provided
Expert level
San Francisco Bay Area
Digital dollars for global prosperity
Be an early applicant
Digital dollars for global prosperity
1001+ employees
FintechB2BCryptocurrencyBankingPaymentsDeep TechFinancial ServicesSaaSBlockchainWeb 3.0
Be an early applicant
Salary not provided
Expert level
San Francisco Bay Area
1001+ employees
FintechB2BCryptocurrencyBankingPaymentsDeep TechFinancial ServicesSaaSBlockchainWeb 3.0
Company mission
To raise global economic prosperity through the frictionless exchange of value.
Role
Who you are
- The ideal candidate will possess a deep understanding of regulatory frameworks, risk management, and internal controls within the financial services and cryptocurrency industries - and will have public company and SOX experience
- 14+ years of experience with a combination of public accounting/audit and Industry
- 8+ years managing and building high performing teams
- Experience leading an internal audit function with reporting out directly to the Audit Committee
- In-depth knowledge of auditing standards, compliance regulations, risk assessment methodologies, and financial management practices
- Public company experience, and strong knowledge of Sarbanes-Oxley and COSO/COBIT internal control frameworks
- Experience interacting with regulators
- Knowledge of core IT/IS concepts such as logical access management, cybersecurity, change management
- Experience working in a rapid growth, financial services, payments or technology company is a plus
- Organized, detailed, proactive, self-motivated, collaborative
- Excellent oral and written communication skills
- Proven ability to work cross functionally and adapt to change are extremely important
- Ability to prioritize workloads and ensure deadlines are consistently met
- High integrity and ability to handle confidential information
- CPA and CIA/CISA or equivalent certification required
What the job involves
- We are seeking a highly skilled and experienced Head of Internal Audit to lead our Internal Audit function as a public company
- This role is critical in ensuring the integrity, compliance, and operational efficiency of our processes
- Strategic Leadership: Develop and implement the internal audit strategy aligned with organizational goals and regulatory requirements
- Audit Planning: Design and execute a comprehensive risk-based annual internal audit plan for approval by the Audit Committee that identifies and evaluates risk areas, controls, and compliance with internal policies and external regulations across Circle’s domestic and international operations
- Risk Assessment: Conduct risk assessments to identify system vulnerabilities, compliance gaps, and areas for improvement, ensuring robust protection against fraud and mismanagement
- Team Management: Lead, mentor, and develop our high-performing internal audit team, fostering a culture of continuous improvement and professional growth. Direct the work of external co-source staff and subject-matter-experts on select engagements
- Reporting: Prepare and communicate clear, concise audit reports to senior management and the Board, highlighting significant findings, risks, and recommendations for improvement
- Regulatory Compliance: Ensure adherence to relevant regulations, including Sarbanes Oxley (SOX), Anti-Money Laundering (AML), Know Your Customer (KYC), sanctions and data protection laws, providing guidance on compliance initiatives. Liaise with external auditors and regulatory agencies as necessary
- Stakeholder Collaboration: Work closely with key stakeholders, including finance, risk management, technology, security and compliance teams, to build strong working relationships and facilitate collaborative approaches to managing risk
- Continuous Improvement: Recommend enhancements to internal controls and processes based on audit findings and industry best practices, aiding in the establishment of an agile and responsive internal audit function
- Training and Awareness: Conduct training sessions to promote awareness of internal controls, risk management, and compliance across the organization
- 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
Our take
Circle is a financial technology firm looking to enable businesses to harness the power of digital currencies and public blockchains for payments, commerce, and financial applications. The company’s USD Coin (USDC) has become the fastest growing, regulated, and fully reserved dollar digital currency.
The company is backed by the world’s largest asset manager, BlackRock, as well as crypto exchange company Coinbase, and has been proactively preparing for possible upcoming federal regulations. Regardless of the current crypto downturn, this means that Circle is still well-placed to see steady long-term growth.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Top investors
Company
Funding (last 2 of 8 rounds)
Apr 2022
$400m
GROWTH EQUITY VC
May 2021
$440m
GROWTH EQUITY VC
Total funding: $1.1bn
Company benefits
- We offer flexible paid time off — so you can thrive at work, and at rest
- No matter where you live, we offer a market competitive suite of health benefits to help keep you and your loved ones safe
- Work Remotely: Do your best work from home. With a company laptop, stipend for business equipment, and access to WeWork locations, Circle remote jobs empower our employees to do their best work.
- All U.S. employees enjoy 401(k) benefits with company matching, and can become owners in Circle through our equity program
Company values
- Multistakeholder - We must organize, incentivize and measure ourselves against meeting the needs of all of our stakeholders
- Mindful - We seek to be present and aware, to be respectful, active listeners (with each other and with our customers alike), and pay attention to detail
- Driven by Excellence - We relentlessly pursue excellence, we do not tolerate mediocrity, we reward based on merit, and we work intensely to achieve our goals
- High Integrity - We seek open and honest communication, and hold ourselves to very high moral and ethical standards
Company HQ
South Boston Waterfront, Boston, MA
Articles
Leadership
Jeremy Allaire
(CEO)Founder & former Chairman and CEO of Brightcove. Former Entrepreneur in Residence at General Catalyst Partners, CTO of Macromedia, and Co-Founder & former CTO of Allaire Corporation.
Salary benchmarks
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