Circle advertises for Bermuda position

  • Bermuda operations: Jeremy Allaire, left, CEO of Circle, with David Burt, the Premier. Circle has placed an advert seeking a finance operations director (Photograph supplied)

    Bermuda operations: Jeremy Allaire, left, CEO of Circle, with David Burt, the Premier. Circle has placed an advert seeking a finance operations director (Photograph supplied)


The Bermuda office of international fintech firm Circle has begun to advertise for staff.

Circle CEO Jeremy Allaire said last month that 30 people would be hired for the operation on-island in the next two years.

Now, the first job advertisement has appeared on website, www.greenhouse.io, with solicitation of resumes for the position of director, finance operations.

Circle was founded in 2013 by internet entrepreneurs Mr Allaire and Sean Neville. It is a crypto-finance company built on blockchain technology.

In its job advertisement, the company said it is seeking someone with more than 12 years of experience in financial operations and financial reporting, including five-plus years of experience leading a team.

The candidate who is hired will act as general manager for the “Bermudan office”, the ad said, working with Circle’s treasury team to ensure that liquidity and net capital requirements are met.

The company stated in the job advertisement: “This will be a key initial hire for Circle’s recently announced Bermuda office. You will be the senior representative and point of contact for the Bermuda Monetary Authority, manage local financial operations in Bermuda, and work with Circle’s accounting team in Boston to report on financial performance.”

When the opening of a Bermuda office was announced Mr Allaire said the entity will service non-US customers, with the company planning to roll out new crypto-asset listings, advanced trading products and other innovations in the coming months.

Roles the company will offer in Bermuda will be in areas including general management, risk, compliance, trading and customer operations.

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Published Aug 16, 2019 at 8:00 am (Updated Aug 16, 2019 at 12:07 am)

Circle advertises for Bermuda position

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