Senior Compliance Process & Program Manager, Paxos
Blockchain infrastructure for financial services
Job no longer available
Blockchain infrastructure for financial services
201-500 employees
Job no longer available
201-500 employees
Company mission
To enable the movement of any asset, at any time, in a trustworthy way.
Role
Who you are
- Experience in leading compliance process improvement initiatives, including identifying process gaps, developing and implementing solutions to address them, and monitoring the results of those solutions
- Experience in issue management and remediation including resolving identified compliance issues
- Experience in quality control oversight: The ideal candidate should have experience in performing quality control reviews of the work performed by operational teams involved in compliance
- A strong understanding of the regulatory landscape and be able to work with internal stakeholders to develop and implement remediation plans to address identified issues
Desirable
- A strong analytical skillet to identify areas for improvement and be able to provide guidance and training to operational teams to improve compliance effectiveness
- Experience in reporting to senior management and regulators as required
What the job involves
- Own and enhance processes and procedures related to AML compliance operations, including identifying process gaps, and implementing procedural enhancements to improve the effectiveness and efficiency of the Compliance Operations program
- Oversee Compliance Operations issue management and remediation efforts to ensure compliance with relevant laws, regulations, and policies related to anti-money laundering (AML) and counter-terrorism financing (CTF)
- Oversee Quality Control (QC) reviews of the work performed by operational teams involved in compliance operations
- Develop and maintain relationships with internal stakeholders, such as business units, risk management, and audit teams, to ensure alignment and consistency in Compliance Operations practices across the organization
- Stay current with industry trends and regulatory developments related to AML and CTF compliance, and provide guidance and training to team members and other stakeholders as needed to ensure ongoing compliance
- Immerse yourself in blockchain technology, cryptocurrency for enterprises and investors, our regulation-first approach, and more!
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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
Our take
Paxos is aiming to revolutionize blockchain by developing its selection of 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 across different territories, 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 a valuation of over $2 billion and a current funding total of over $500 million.
Its growth has been backed up by material results, too. It has established relationships with firms like Bank of America, Credit Suisse, and Mastercard, and PayPal leverages Paxos on its backend to enable its users to buy, sell, and hold cryptocurrencies. This proven success with an expanding roster of big-name clients and collaborators like MakerDao will likely see it command a dominant market share in the years ahead.
Steph
Company Specialist at Welcome to the Jungle