Product Compliance Lead - TBD Compliance

  • Full-time

Company Description

Founded in July 2021, TBD is one of Block's four business units, alongside Square, Cash App, and Tidal.  At TBD, we believe in a decentralized future that returns ownership and control over your finances, data, and identity. Guided by this vision, TBD is building an open source platform and developer infrastructure that enables everyone to access and participate in the global economy.

TBD is inviting the world to join us in building and adopting open and decentralized technologies that solve real problems for real people — from next generation infrastructure that lowers the cost of global payments and enables frictionless commerce, to decentralized identity technologies that enable anyone to access and participate in the global economy.  Our mission advances economic empowerment through the power of decentralized solutions, built open source and collaboratively.

The offerings we build will provide developers, institutions, and individuals with the capabilities needed to build the next wave of innovative apps and services, and access this decentralized future.  We’re leveraging bitcoin and other decentralized technologies to reinvent the global financial system in an open and permissionless way to further Block’s mission of economic empowerment, with a global focus

Job Description

The Product Compliance Team is at the forefront of imagining and realizing Block’s bitcoin and decentralized identity products. As the Product Compliance Lead for TBD, you will manage a team of Product Compliance Managers who support a broad range of Block’s bitcoin and stablecoin products including the Bitcoin Hardware Wallet (Bitkey) and Lightning Services (c=). This compliance management role requires executive relationship building and coordination with critical stakeholders across Legal, Product, Engineering, Partnerships and BTC Operations to gain a deep understanding of our product goals and to manage stakeholder expectations. 

The Product Compliance Lead reports directly to TBD's Head of Compliance and will manage a team of Product Compliance Managers who support new product initiatives for TBD, c=, Bitkey, and other emerging initiatives for Block.

You Will:

  • Develop the vision, strategy and execution plan for the Product Compliance team for TBD, c=, Bitkey and any related products and services at Block.
  • Manage the overall execution of all compliance programs and controls and oversee a team of product compliance professionals responsible for supporting Block’s products and strategic initiatives
  • Develop strong, sustainable relationships with critical stakeholders and executive leaders including Engineering, Product, Partnerships, Legal, and Operations.
  • Review all deliverables and compliance requirements documents to ensure that they are of the highest quality, fully comprehensive and accurate, and can be understood by the appropriate audience
  • Provide real-time subject matter expertise and guidance to Block’s product managers and engineers, as new products and services are being developed or enhanced, to ensure ongoing compliance with all relevant regulatory requirements
  • Actively search out potential risks (compliance, regulatory, financial, fraud, etc.) and surface these risks, together with proposed solutions, to the appropriate stakeholders
  • Maintain up-to-date knowledge of all relevant regulatory changes, industry best practices and the overall industry landscape to ensure our compliance controls are both compliant and creative
  • Advocate for Compliance's mission and manage relationships across the company to ensure that the team is well positioned from concept to execution

Qualifications

You Have:

  • Strong digital asset compliance subject matter expertise in any or all of the following areas: bitcoin exchange custody solutions, self-custody wallet solutions, or regulated blockchain exchange or payments services
  • 10+ years of experience in a compliance project/product management role, and at least 5 years experience as a people manager
  • A practiced democratic or collaborative management style
  • Exceptional interpersonal skills gained through experience collaborating and working with cross-functional partners
  • Highly effective executive communication skills and experience creating persuasive arguments and presentations intended to educate and influence others
  • Solid understanding of blockchain technology, decentralized ecosystems, and regulated cryptocurrency products and services
  • Intense professional curiosity and a growth mindset

Additional Information

Block takes a market-based approach to pay, and pay may vary depending on your location. U.S. locations are categorized into one of four zones based on a cost of labor index for that geographic area. The successful candidate’s starting pay will be determined based on job-related skills, experience, qualifications, work location, and market conditions. These ranges may be modified in the future.

Zone A: USD $222,800 - USD $272,300
Zone B: USD $222,800 - USD $272,300
Zone C: USD $222,800 - USD $272,300
Zone D: USD $222,800 - USD $272,300

To find a location’s zone designation, please refer to this resource. If a location of interest is not listed, please speak with a recruiter for additional information. 

Full-time employee benefits include the following:

  • Healthcare coverage (Medical, Vision and Dental insurance)
  • Health Savings Account and Flexible Spending Account
  • Retirement Plans including company match 
  • Employee Stock Purchase Program
  • Wellness programs, including access to mental health, 1:1 financial planners, and a monthly wellness allowance 
  • Paid parental and caregiving leave
  • Paid time off (including 12 paid holidays)
  • Paid sick leave (1 hour per 26 hours worked (max 80 hours per calendar year to the extent legally permissible) for non-exempt employees and covered by our Flexible Time Off policy for exempt employees) 
  • Learning and Development resources
  • Paid Life insurance, AD&D, and disability benefits 
  • Additional Perks such as WFH reimbursements and free access to caregiving, legal, and discounted resources 

These benefits are further detailed in Block's policies. This role is also eligible to participate in Block's equity plan subject to the terms of the applicable plans and policies, and may be eligible for a sign-on bonus. Sales roles may be eligible to participate in a commission plan subject to the terms of the applicable plans and policies. Pay and benefits are subject to change at any time, consistent with the terms of any applicable compensation or benefit plans.

We’re working to build a more inclusive economy where our customers have equal access to opportunity, and we strive to live by these same values in building our workplace. Block is a proud equal opportunity employer. We work hard to evaluate all employees and job applicants consistently, without regard to race, color, religion, gender, national origin, age, disability, veteran status, pregnancy, gender expression or identity, sexual orientation, citizenship, or any other legally protected class. 

We believe in being fair, and are committed to an inclusive interview experience, including providing reasonable accommodations to disabled applicants throughout the recruitment process. We encourage applicants to share any needed accommodations with their recruiter, who will treat these requests as confidentially as possible. Want to learn more about what we’re doing to build a workplace that is fair and square? Check out our I+D page.

Additionally, we consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

 

Block, Inc. (NYSE: SQ) is a global technology company with a focus on financial services. Made up of Square, Cash App, Spiral, TIDAL, and TBD, we build tools to help more people access the economy. Square helps sellers run and grow their businesses with its integrated ecosystem of commerce solutions, business software, and banking services. With Cash App, anyone can easily send, spend, or invest their money in stocks or Bitcoin. Spiral (formerly Square Crypto) builds and funds free, open-source Bitcoin projects. Artists use TIDAL to help them succeed as entrepreneurs and connect more deeply with fans. TBD is building an open developer platform to make it easier to access Bitcoin and other blockchain technologies without having to go through an institution.

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