Chief Compliance & Risk Officer, Paxos
$305.1-359k
+ Equity
Blockchain infrastructure for financial services
Job no longer available
Blockchain infrastructure for financial services
201-500 employees
Job no longer available
$305.1-359k
+ Equity
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- Bachelor’s degree in Finance, Law, Business Administration, or a related field. Advanced degree preferred
- Extensive experience in compliance and enterprise risk management within the blockchain and/or fintech sectors
- Proven leadership skills with the ability to build and scale high-performing teams
- In-depth knowledge of global financial compliance regulations (AML, KYC, CTF, GDPR) and best practices
- Strong analytical skills and the ability to use data to inform decision-making
- Exceptional communication skills, both written and verbal
- Demonstrated commitment to diversity, equity, and inclusion
- Ability to thrive in a fast-paced, high-growth environment with a high degree of ambiguity in a nascent industry
What the job involves
- Join our dynamic and rapidly growing blockchain infrastructure company where you’ll play a pivotal role in re-platforming the global financial system
- As a key leader reporting into our Global General Counsel, you will have the unique opportunity to lead and shape our compliance and enterprise risk function, ensuring that we navigate the complex landscape of financial regulations and innovate with confidence
- In this role, you won’t just be managing compliance and risks; you’ll be a vital architect of our strategic vision, helping to build a more secure and efficient financial ecosystem
- You will work alongside visionary leaders and passionate teams dedicated to pushing the boundaries of what’s possible in fintech and blockchain technology
- Craft Pioneering Compliance Policies: You’ll design and implement cutting-edge AML, sanctions, and consumer protection compliance policies tailored specifically for the unique and evolving challenges within the blockchain and fintech sectors. Your innovative approach will set industry standards and ensure robust regulatory adherence
- Navigate Financial Risks: Lead the charge in identifying, assessing, and mitigating financial risks inherent in the blockchain and fintech spaces. Your strategic foresight will safeguard our operations, enabling us to thrive amidst uncertainty and maintain a competitive edge
- Spearhead Risk Management: Take the helm of our enterprise risk function, designing and implementing comprehensive risk management frameworks that address the complexities of blockchain and fintech operations. Your leadership will be pivotal in driving our strategic risk initiatives
- Cultivate a Compliance Culture: Foster a culture of compliance across the organization by providing expert guidance and mentorship to team members. Your leadership will inspire a proactive approach to risk management and regulatory adherence, ensuring our team remains vigilant and informed
- Lead High-Performance Teams: Lead and nurture a high-performing compliance and risk management team within our fast-paced, high-growth environment. Your ability to inspire and manage top talent will be crucial to our continued success and innovation
- Collaborate and Influence: Work closely with executive and business leaders, leveraging your expertise to influence decision-making processes. Thrive in ambiguity by leading the way in finding solutions and making informed decisions that align with our strategic goals
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.
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