# Customer Due Diligence ## Summary - Organization: Augustus - Location: New York City; Dallas - Type: Full-Time - Department: Risk & Compliance - Status: active - Posted: [object Object] - Updated: [object Object] - Closing Date: N/A - External Apply: Yes - External Apply URL: https://jobs.ashbyhq.com/Augustus/549ed202-5678-41cc-97b6-afdb82d4dcf3 ## Details - Salary: $80K – $120K • Offers Equity - Experience: 3+ years - Education: N/A - Team: N/A - Reporting To: N/A ## Description **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, with practically infinite global demand, but distribution is broken. Global clearing runs on legacy banks that are closed 115 days a year, built for humans and take two days to settle. Augustus is the update to the internet era. We received conditional approval from the OCC to charter America’s first stablecoin-native clearing bank that is always open, made for machines, at the speed of compute. We are a group of operators, unicorn early employees, ex-founders and people who walked away from degrees because they believe this is an industry and career defining opportunity. We're backed with $40M from Peter Thiel’s Valar Ventures, Creandum and founders of Ramp, Deel and Circle. 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 own the end-to-end customer due diligence program for the US market. You design the logic that allows Augustus to move money safely at scale without compromising on speed. You build the due diligence framework from the ground up: defining risk profiles, setting the standards for verification workflows, and making the final call on complex entities. You partner closely with Operations, who builds and runs the systems that execute your framework. You decide where we automate and where we intervene. Your goal is a frictionless yes for legitimate builders and a quick, hard no for bad actors. **Your First Six Months** Months 1-2: You dive deep into our compliance framework and the systems Ops runs to execute it. You'll master our internal CDD workflows, handle your first batch of complex entity reviews, and identify where manual intervention makes sense versus where encoded risk decisions can run themselves. You aren't just following a manual — you're learning the why behind every risk decision we make. Months 3-4: You own the end-to-end lifecycle of customer due diligence. You partner with Ops to translate manual verification steps into automated workflows, setting the standards their tooling needs to meet. By now, you are making sure our tooling is making the right risk decisions and only getting involved where a human is necessary. Months 5-6: You are the authority on how and why Augustus executes its due diligence operations this way. You've refined our risk scoring models and reduced time-to-onboard without compromising on rigor. You are no longer just executing the process - you are optimizing the engine that allows Augustus to scale its customer base safely. **Who Will Thrive At Augustus** We believe that throwing smart people with high agency at big problems produces the best outcomes. The people who succeed here share the following traits: Relentless: You can't leave something broken. You don't stop because it got hard or because no one is watching. Set The Bar: You're harder on yourself than anyone else would be. You don't need external accountability to care about quality. Shape The Game: You don't wait for a playbook and you don't need one. You walk into genuinely new territory and figure it out. You move before anyone asked you to. Systems First: You don't solve problems by adding people or effort. You build systems that make the problem smaller. Your first instinct is to automate, not to handle it manually. **This role is for you if:** You look past the surface of documents to find the why behind a transaction, and view every edge case as a puzzle to solve rather than a box to check. You move fast enough to keep up with an engineering team but have the discipline to ensure a mistake never makes it into production. You are curious about how companies operate and connecting their use case to Augustus' risk appetite. You'd rather build the programmable back-office of a fintech startup than maintain the paper-heavy workflows of a legacy bank. You are comfortable making firm 'go' or 'no-go' decisions on high-risk accounts and defending your reasoning with data. You get an adrenaline rush from spotting small inconsistencies in a KYC file that others would gloss over. You thrive in high-volume environments where moving fast is the default, but precision is non-negotiable. **This is not for you if:** You need a playbook to start your day. We are building the world's first programmable bank, and you'll often define the process while executing it. You prefer to check the boxes and move on. CDD at Augustus requires deep investigative curiosity and the ability to spot patterns that automated systems miss. You find frequent pivots in compliance tech or regulatory focus frustrating. Our roadmap moves fast, and your workflow will change with it. You go silent when you're stuck. We move at a fintech pace and rely on you to flag bottlenecks or ambiguous edge cases immediately. You view compliance as a hurdle rather than a product feature. You’ll be working closely with engineering teams to make onboarding both secure and seamless. You are uncomfortable making high-stakes decisions with incomplete data. You'll need to trust your judgment and own the risk outcomes you sign off on. **Hard Requirements** 3+ years of hands-on experience in CDD or KYC within a US fintech or bank. Deep working knowledge of the Bank Secrecy Act (BSA), USA PATRIOT Act, and OFAC regulations. Direct experience performing deep-dive enhanced due diligence (EDD) the AML programs of other financial institutions and on complex corporate structures and UBOs. Proven track record of using and improving automated onboarding verification flows using tools like Alloy, Middesk, or others. Based in New York City or the Dallas area, or willing to relocate. **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 $80,000-$120,000 + equity. **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. Health & Insurance: Our US team receives comprehensive Medical, Dental, and Vision insurance plans. We are offering 401(k) retirement plans. 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. ## Responsibilities None ## Skills None ## Tags None ## Organization - Name: Augustus - Website: https://augustus.com/ - Industry: Financial Services - Size: 11-50 employees - Founded Year: N/A - Description: Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era. This approval has been driven by our core thesis: the dollar is the best product in the history of the world, with practically infinite global demand - but distribution is broken. The existing clearing model runs on legacy correspondents that are closed 115 days a year, built for humans, and take two days to settle. Augustus is the update to the AI era: an autonomous clearing bank, purpose-built around programmable money and stablecoins. Always open. Made for machines. At the speed of compute.