Compliance Lead, Fireblocks
$97-122k
This range is specific to New York City
More information about location
Digital asset infrastructure company
Job no longer available
Digital asset infrastructure company
501-1000 employees
Job no longer available
$97-122k
This range is specific to New York City
More information about location
501-1000 employees
Company mission
To enable every business to easily and securely support digital assets and cryptocurrencies.
Role
Who you are
- 5+ years of experience working with financial institution-grade BSA/AML/CTF Compliance Programs
- Strong knowledge of relevant BSA/AML/CTF regulatory frameworks and leading industry practices for money service businesses or banks in the US
- Demonstrable experience drafting procedures, executing operations, and designing effective controls for BSA/AML/CTF compliance operations
- Ability to contribute to the design of effective controls and lead the execution of key components of the BSA/AML/CTF Compliance Program
- Growth mindset to tackle any problem and learn any skill that will support the evolution of the compliance programs
- Strong analytical and problem-solving skills, including how to identify patterns of unusual or suspicious activity
- Excellent personal, political, analytical, and communications skills with a high attention to detail
Desirable
- Experience working in Web3 organizations or intermediate familiarity with digital assets
- Experience working with or for Federal or New York-regulated financial institutions, business consultancies, or the financial services regulator
- Experience as a manager is helpful, but not required
- An advanced degree in finance, business, or law (e.g., Masters, Juris Doctor) can be substituted for some years of working experience
- Domain-specific certification(s), such as Anti-Money Laundering Specialist (“CAMS”), or blockchain analytics tool, e.g., Chainalysis Reactor Certificate
- Highly preferred, all of the above plus experience or interest in novel payments or digital assets use cases, including tokenization, digital identity, non-fungible tokens, air drops, or blockchain infrastructure
What the job involves
- As Compliance Lead, you will be focused on developing and implementing components of Fireblocks’ Bank Secrecy Act (“BSA”), Anti-Money Laundering (“AML”), and Counter-Terrorist Financing (“CTF”) Compliance Program for its regulated services products
- Your expertise in transaction or customer monitoring will be critical in establishing and executing compliance operations for Fireblocks’ regulated services focused on supporting its institutional clients
- The Compliance Lead’s deep knowledge of the regulations, guidelines and industry-leading practices for BSA/AML/CTF compliance will be invaluable to helping Fireblocks design and deploy an effective compliance program that will protect the Company and meet regulatory expectations
- To be successful in this role, the candidate will need to work closely with internal and external stakeholders, including senior management and regulators, to achieve effective, risk-based compliance for these services. An understanding of banking or payments, in either the traditional or Web3 worlds, will be critical
- The ideal candidate will be comfortable working in a fast-paced environment and up for the challenge of scaling a start-up to greater heights. We are looking for a candidate armed with a roll-up-your-sleeves mentality and forward-thinking approach to complement our existing group
- This position reports directly to the company's Senior Director of Compliance and will be an independent contributor initially
Our take
The derivatives market has always been attractive for larger investors, but some of the hurdles to overcome are capital efficiency, custody and security. Fireblocks allows for the trading of derivatives on any asset, using any form of collateral while receiving cross-margin benefits across counterparties. Essentially, it enables institutional traders to move digital assets without the operational or security headache.
Fireblocks is banking on assets like cryptocurrencies becoming a new part of the mainstream trade of financial institutions. Although cryptocurrencies are known for being notoriously unstable, when traded properly they can be hugely profitable. So, in a safer landscape, there is a lot of incentive for new participants.
Basically, by raising security standards, a new crop of institutional entities is able to set up shop in the crypto world. This means more business for Fireblocks, and a stabler market which then attracts even more interested parties. The company continues to develop its offering, for example through the recent acquisition of TRES which enables it to deliver the first complete operating system for digital assets.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
20% employee growth in 12 months
Company
Funding (last 2 of 6 rounds)
Jan 2022
$550m
SERIES E
Jul 2021
$310m
SERIES D
Total funding: $1.0bn
Company benefits
- Flexible vacation policy
Company HQ
Garment District, New York, NY
Leadership
Michael Shaulov
(CEO & Co-founder)Prior to Fireblocks, they co-founded Lacoon Mobile Security, which was acquired by Check Point, and was then appointed the Head of Products, Mobile and Cloud Security for Check Point. Previously a seed investor in Armis Security and Orca Security.
Paul Berengoltz
(CTO & Co-founder)Previously director of research at Lacoon Mobile Security.
Idan Ofrat
(CPO & Co-founder)Ex software consultant and previous VP Product at Orbs - a blockchain company.
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