Deputy Chief Risk Officer Greater New York City, NY Area

Few people get to build a bank from scratch. Even fewer get to build one at a moment when banking itself is being reinvented.

The Dollar is the best product in the history of the world - there is infinite global demand. But international fintechs and banks are left with two unsatisfying options to choose from: Either build on legacy correspondent banks that are slow and unreliable, or interface with middleware providers that neither move nor hold the dollars directly, but instead rely on underlying legacy banks themselves. At Augustus, we collapse the stack by combining two things: A real, national bank charter (in organization), and Marble, our proprietary core banking system, built around intelligence, made of code.

We are a group of ex-founders, founding employees of unicorns, and people who dropped out of university because they believe this is an industry and career defining opportunity. We are backed with more than $200M from Peter Thiel's Valar Ventures, Tiger Global, Hummingbird, QED, Creandum, and the founders of Nubank, Ramp, Deel, Circle, Fluidstack, Fuse, and Etched.

We are regulated in Europe and live with Euro and Stablecoin clearing today. Now, we are building the US team from the ground up, while continuing to grow rapidly in Europe.

The Role

You build and lead Augustus’s risk function: You own credit, market, liquidity and operational risk end-to-end. You also stand up enterprise risk management from a blank page: risk appetite, limits, committees and board reporting.

Day to day, you set the risk metrics and reporting that leadership runs the business on. You review new clients, products and partners before they go live, hire and lead the risk team, and take boards and regulators through how we manage risk. You report to Ro, Global Chief Legal and Chief Risk Officer.

The job is not to copy a big-bank framework. It’s to design one that fits a bank built on code, and to make risk the reason commercial moves faster, not slower.

Who Will Thrive At Augustus

We believe that throwing smart people with high agency at big problems produces the best outcomes. We’re building a modern correspondent bank, and we win by having a better team. The people who succeed here share the following traits:

American Dream: You’d rather shoot for gold than settle for mediocrity. You pick the harder goal and stay optimistic when the odds are against you. If it feels easy, we aimed too low.

Live Player: You don’t need permission. You rebuild what’s broken without being asked, challenge how things are done, and move before the perfect moment.

Ever to Excel: You can’t accept good enough and you take your work personally. When it matters, you do what it takes and keep raising the bar for yourself and your team.

Genuine: You play for the company, not your title or turf. Low ego, low drama, no politics. You say it straight, also upwards and always assume good intent.

This Role Is For You If:

You want to use your experience to build a global bank from scratch, in a way that hasn’t been done before.

You’ve built a risk framework (appetite, limits, governance) from nothing, not only inherited and maintained one.

You’d rather build the pipeline that produces a risk metric once than reconcile spreadsheets every month.

You can present to a board or a regulator and handle hard Q&A without a script.

You want to hire exceptional risk talent and lead from the front, staying hands-on in the work yourself.

Your default answer to a new product is “yes, with these controls”, not “no”.

This Is Not For You If:

You want a pre-baked program that you manage.

You expect a cookie-cutter framework. This is a novel institution and the risk framework is designed for it.

You need a full team and mature tooling in place before you can deliver.

You want to set strategy and hand off execution.

Hard Requirements

Must-have:

10+ years of risk experience.

3+ years working at a bank.

Based in New York or willing to relocate.

Strong preference:

Experience in operational risk plus at least one other risk stripe (credit, market or liquidity).

3+ years of risk experience at a US G-SIB.

Pay Transparency

Compensation packages at Augustus include base salary, equity, and benefits. New hire offers are made based on a candidate’s experience, expertise and geographic location. The annual US base salary range for this role is USD 300,000 - 450,000.

What We Offer

Career Growth: You will be given more responsibility and pushed to grow faster than ever before.

Network: Your peers are brilliant, highly motivated people. These people will be foundational in your future opportunities.

Real Participation: Employees are shareholders. You will think and act like an owner.

Perks & Benefits: Relocation support, visa support, the latest Apple gear (MacBook + AirPods), lunch benefit, gym benefit, a beautiful office in the heart of the city, 4x on-/offsites per year, and an annual development budget.

Additional to the global benefits above, we offer localized benefits such as comprehensive medical, dental, and vision insurance and a 401(k) retirement plan for our US team.

Augustus is committed to creating an inclusive environment where people from all backgrounds can thrive and where different viewpoints and experiences are valued and respected. Augustus will consider all applications for employment without regard to race, ethnicity, national origin, religious beliefs, gender identity or expression, sexual orientation, neurodiversity, disability, age, parental or veteran status.