Squads·about 7 hours ago
Stablecoins crossed $300 billion in circulation. Real businesses now use them for cross-border settlements, contractor payments, treasury operations.
The fintech playbook assumed rails were fixed - you couldn't change ACH or SWIFT, only build better interfaces on top. Stablecoins change the rails themselves, creating an opening for a new generation of financial products.
Altitude is what we're building to capture it. Business accounts on stablecoin rails: global accounts, cross-border payments, cards, invoicing, yield. Over 500 businesses use it today. Built by Squads (Squads Multisig secures $15B+ on Solana). Backed by Haun, Multicoin, Solana, Coinbase, Electric Capital, Placeholder and others.
More on the thesis here.
The Role
You'll own Altitude's compliance program from first principles. This isn't a checkbox role, it's designing the policies that govern how we onboard businesses, monitor transactions, and interface with regulators across jurisdictions. You'll translate legislation (US, EU, and eventually UAE/Singapore) into operational reality.
What You'll Do
Build and maintain Altitude's AML/CFT compliance framework from
Create KYB policies that balance fraud prevention with legitimate business onboarding speed
Establish transaction monitoring rules and escalation protocols
Own regulatory relationships and reporting obligations (SARs, required filings)
Design policies that work across our multi-PSP architecture
Prepare the company for MTL licensing and evolving regulatory frameworks
Work with legal to interpret new stablecoin and crypto-asset regulations as they emerge
What We're Looking For
Deep understanding of AML/CFT legislation - US BSA/FinCEN, EU AMLDs, MiCA implications
Experience building compliance programs, not just operating within them
Ability to think systematically about risk vs. applying playbooks
Comfort with ambiguity, stablecoin regulation is evolving; you'll need to make judgment calls
Prior experience in fintech, payments, or crypto preferred
Strong written communication, policies need to be clear, defensible, and implementable
Not a Fit If
You need every scenario pre-defined before you can act
Your instinct is to slow everything down rather than find compliant paths forward
You've only operated compliance programs, never built one