Bastion

Compliance Program Lead

United States

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Not SpecifiedCompensation

Senior (5 to 8 years)Experience Level

Full TimeJob Type

UnknownVisa

Financial Services, Fintech, Blockchain & CryptocurrencyIndustries

Requirements

Candidates should possess a Bachelor’s degree in Law, Finance, or a related field, along with a minimum of 8 years of experience in regulatory compliance, specifically within the financial services industry, with at least 5 years focused on digital assets and stablecoins. Demonstrated knowledge of NYDFS regulations for Limited Purpose Trust Companies and Money Transmission Licenses is essential, as is a strong understanding of BSA/AML, sanctions compliance, and digital asset regulations.

Responsibilities

The Compliance Program Lead will be responsible for developing and implementing a comprehensive compliance program tailored to Bastion’s unique business activities, including stablecoin issuance and digital wallet infrastructure. This includes designing policies, procedures, and controls aligned with regulatory requirements, establishing a compliance risk assessment framework, creating monitoring and testing programs, managing regulatory relationships, overseeing regulatory reporting, and ensuring adherence to all applicable regulations. The role will also involve proactively adapting the compliance program to evolving regulatory requirements and investigating and remediating potential compliance violations.

Skills

Regulatory Compliance

Risk Assessment

Policy Development

BSA/AML

Sanctions

Regulatory Change Management

Policy Governance

Board Reporting

Digital Asset Compliance

Money Transmission Laws

NYDFS Regulations

Stablecoin Operations

Bastion

Web3 platform for digital interactions

About Bastion

Bastion provides a platform that helps businesses integrate web3 technology into their existing systems. This platform includes features like custodial wallets for managing digital assets, smart transaction routing to optimize transactions, and data analytics to gain insights from customer interactions. By using Bastion's services, organizations can enhance their digital capabilities without needing to develop complex solutions in-house. What sets Bastion apart from its competitors is its focus on compliance and its white-label approach, allowing businesses of all sizes to customize the platform to fit their needs. The goal of Bastion is to empower organizations to fully leverage digital interactions, both online and offline, in a rapidly changing digital environment.

Key Metrics

New York City, New YorkHeadquarters

2023Year Founded

$24.3MTotal Funding

SEEDCompany Stage

Data & Analytics, Crypto & Web3Industries

11-50Employees

Benefits

Hybrid Work Options

Risks

Intensifying competition from web3 infrastructure providers threatens Bastion's market share.

Regulatory scrutiny on digital asset management may increase Bastion's compliance costs.

Rapid technological changes in blockchain require continuous innovation from Bastion.

Differentiation

Bastion offers a compliant, white-label platform for seamless web3 integration.

The platform includes custodial wallets, smart transaction routing, and data analytics.

Bastion serves diverse clients, from small businesses to large enterprises.

Upsides

Growing interest in white-label blockchain solutions boosts Bastion's market potential.

Rising demand for custodial wallets enhances Bastion's service appeal.

Enterprises increasingly adopt web3 technologies, benefiting Bastion's platform.

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