Compliance Data & Models Lead, Paxos
$155-177.4k
Offers equity and 15% annual bonus
Blockchain infrastructure for financial services
Be an early applicant
Blockchain infrastructure for financial services
201-500 employees
Be an early applicant
$155-177.4k
Offers equity and 15% annual bonus
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- ~7–10+ years overall experience in data/analytics and/or Financial Crime/Compliance
- At least 3–5 years directly focused on AML/sanctions/Financial Crime technology or models in a bank, fintech/crypto, or RegTech
- Strong SQL in a modern data warehouse
- Hands‑on experience with AML/sanctions/Financial Crime systems (e.g., TM, sanctions screening, blockchain analytics, CRR)
- Experience designing and executing model tuning and testing (thresholds, fuzziness, scenario design, performance analysis)
- Familiarity with model governance concepts (lifecycle, documentation, change management, validations)
- Exposure to OCC‑style model risk guidance and/or DFS 504‑type requirements
- Demonstrated ability to work cross‑functionally with Product, Engineering, Data, and Operations
- Excellent written communication for policies, procedures, testing reports, and exam/audit responses
What the job involves
- The Compliance team at Paxos plays a vital role in ensuring the company adheres to global regulatory standards across financial products and services
- This team tackles complex challenges such as AML, sanctions, and transaction monitoring, all while ensuring a robust compliance framework in a rapidly evolving crypto and fintech landscape
- By safeguarding Paxos against regulatory risks, the team is essential in helping the company achieve its mission of creating a more transparent and efficient financial ecosystem
- The Compliance Data & Models Lead is the second‑line owner of Paxos’ compliance model risk management and technology/data program across transaction monitoring, blockchain monitoring, sanctions screening, and customer risk rating
- They design and run the governance, testing, tuning, data‑lineage/quality checks, and change‑management processes that keep these models and tools effective, auditable, and scalable
- In parallel, they lead broader compliance data and technology oversight, ensuring the accuracy and integrity of compliance data and enabling reliable, automated reporting and AI‑enabled controls
- Own end‑to‑end model governance, tuning, testing, and documentation for transaction monitoring, blockchain monitoring, sanctions/watchlist screening, and customer risk rating models
- Design and maintain scalable SQL models in Snowflake for above governance areas
- Familiarity with programming for data analysis, ideally Python or R
- Maintain documentation on system integrations and data lineage, partner with the Data team on data quality controls
- Run and continuously refine model change‑management processes (change logs, approvals, pre/post‑implementation testing, evidence capture) to OCC‑style standards
- Lead or co‑lead key Model Risk Management (MRM) policy and procedure uplift and regulatory readiness workstreams, consolidating and modernizing frameworks based on external feedback
- Partner with Data, Product, Engineering, and Compliance to design and enhance technology controls across AML, sanctions, KYC, Travel Rule, and to resolve data or tooling issues
- Build and maintain Compliance dashboards and reporting, define system performance and health metrics (including data quality and backlog/SLA metrics), and implement QA processes
- Serve as a key liaison to key vendors (e.g., Chainalysis, Elliptic, ComplyAdvantage, Solidus, Persona) on testing, tuning, and data issues
Our take
Paxos develops regulation-compliant infrastructure services for companies looking to add features like crypto brokerages or branded stablecoins to their customer offerings. Its focus on regulatory compliance, and its status as one of only three national trusts born in the crypto ecosystem, gives it an edge in building a unique and global network of enterprise customers.
Cryptocurrency remains a risky sector, so a company at the forefront of crypto regulation is proving highly attractive to a growing sector of enterprises tentatively dipping their toes in. It is pushing ahead of competitors as one of the largest crypto/blockchain startups with substantial funding and an impressive valuation.
Its growth has been backed up by material results, too. It has established relationships with firms like Bank of America, Credit Suisse and Mastercard. PayPal also leverages Paxos on its backend to enable its users to buy, sell and hold crypto. This proven success with an expanding roster of big-name clients is very impressive, as is the company's success in receiving approval to convert to an OCC National Trust Bank.
Steph
Company Specialist at Welcome to the Jungle
Insights
10% employee growth in 12 months
Company
Funding (last 2 of 5 rounds)
Apr 2021
$300m
SERIES D
Dec 2020
$142m
SERIES C
Total funding: $535.3m
Company HQ
Midtown East, New York, NY
Leadership
Charles Cascarilla
(CEO & Co-founder)Previous Co-founder and Partner at Cedar Hill Capital Partners for 10 years. Current Partner at Liberty City Ventures and Founding Board Member of the Association for Digital Asset Markets, alongside working at Paxos.
Rich Teo
(CEO Asia & Co-founder)Previous Financial Analyst at Citi for 2 years before becoming a Principal / Senior Analyst at Cedar Hill Capital Partners. Has served as CEO of Asia at Paxos for 7 years.
Share this job
View 36 more jobs at Paxos