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

No ERM function existed before you. You get to define what enterprise risk management looks like here. There is no safety net. What you build is what the company runs on.

You own the end-to-end ERM program: risk identification, assessment, measurement, monitoring, reporting, issue remediation, and escalation. Inside ERM, you also own Model Risk Management and Third-Party Risk Management. On MRM, you stand up the governance that ensures comprehensive model coverage: inventory, risk classification, validation standards, ongoing monitoring, change control, and issue management. On TPRM, you build and operate the system governing intake, due diligence, periodic oversight, issues management, and reporting across vendor and partner relationships.

You own committee reporting, the dashboards and escalation pathways that make risk visible, standardized, and tied to real decisions.

The end state is a single, coherent risk operating model: inventories, assessments, and controls connected, so leaders can see the risk register, control coverage, and program health in one place.

Your First Six Months

• Months 1-2: You embed yourself across the business and learn how risk is identified, assessed, escalated, and talked about today and where it breaks down. You inventory what exists: risk assessments, models, vendors, committees, policies. You surface the gaps between stated governance and real practice.

• Months 3-4: You stand up the foundational ERM engine: consistent risk assessment cadence, central visibility of key risks and material issues, and committee reporting with standard dashboards and escalation thresholds. Model inventory and tiering are live, third-party intake and monitoring are standardized. Leadership is reviewing risk through the structures you built, not bespoke decks or side conversations.

• Months 5-6: The company runs on what you built. ERM is embedded into planning, product launches, model use, and vendor decisions. Committees rely on your reporting to make tradeoffs and escalate with confidence. Model risk and third-party risk are fully integrated into the enterprise risk picture.

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'd rather be in the room when a risk decision is being made than reviewing it after the fact.

• You've been waiting for a role where you can build ERM from 0 to 1, not inherit a brittle framework held together by legacy decisions and annual exercises.

• You enjoy turning ambiguity into structure - risk signals, partial inputs, and competing incentives motivate you, not scare you.

• You care about how decisions actually get made, and you want risk to be part of that moment, not an after-the-fact artifact.

• You want to design programs (ERM, MRM, TPRM) that are operational and used daily, not frameworks that only come out for audits.

This is not for you if:

• You want a fully defined ERM program handed to you on day one, with clear lanes, mature tooling, and minimal ambiguity.

• You prefer owning a slice of the puzzle rather than being accountable for the whole risk system.

• You need stability and predictability to do your best work - scope shifts, direction changes, and things getting rebuilt from scratch are part of how we operate.

• You're looking for a role where you can lead from a distance. There's no team to delegate to and no playbook to hand off.

• Accountability makes you uncomfortable. If something in risk goes wrong here, it's yours to own and fix.

Hard Requirements

• 8+ years in risk management, with at least 5 years leading enterprise-level risk, including direct ownership of ERM frameworks, risk taxonomy, assessment methodology, and issues escalation.

• Hands-on experience building or redesigning an ERM program from the ground up. Policy authorship alone doesn't count.

• Direct ownership of Model Risk Management or Third-Party Risk Management, including inventory management, risk tiering, governance cadence, issue tracking, and integration into enterprise reporting.

• Comfortable acting as an independent second line: challenging the first line, making judgment calls, and defending them to executives, auditors, and regulators.

• In Dallas, New York City or ready 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 $150,000-$200,000 + 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.