Head of Compliance
Legal · Posted last month
Fun's first dedicated compliance hire, reporting to the General Counsel. Starts by building the sanctions and crypto-operations compliance program from scratch, with expansion into fiat payment-rail compliance expected as the company grows.
- Way of working
- Hybrid
- Location
- New York City, NY
- Pay range
- $300,000 to $360,000
- Level
- Principal
- Experience
- 8+ years
- Type
- Unknown
- The company
- SERIES_A
Skills that matter here
What you would be doing
- Design and implement the company's sanctions screening program, including standards, escalation procedures, recordkeeping, and reporting.
- Build compliance policies and risk assessments tailored to Fun's non-custodial product architecture.
- Select and manage blockchain analytics and screening vendors.
- Embed compliance controls directly into the product development process.
- Direct external compliance advisors and specialists as needed.
What they are looking for
- Compliance
Worth knowing
- Founding Compliance Hire
- Written Policy Skills
- Early-stage Program Buildout
- Money Transmission Background
- Regulatory Enforcement Experience
- Payment Card Familiarity
- Processes over $18 billion in annual transaction volume with 99.999% success rate while operating in stealth, supporting millions of users across 100+ countries
- Powers deposits/withdrawals for major platforms including Polymarket, Lighter, and Aave
- Exited stealth in May 2026 with $72M Series A; expanding to Asia-Pacific with new Singapore office and pursuing strategic acquisitions
The full description
**Fun.xyz** Head of Compliance; $300K–$360K + equity; NYC (Hybrid)
**About the Role** Fun's first dedicated compliance hire, reporting to the General Counsel. Starts by building the sanctions/crypto-operations compliance program from scratch and is expected to expand into fiat payment-rail compliance as the company grows. This is currently a lower-priority, "bubbling" need — a junior general counsel hire is the more immediate legal priority.
**Responsibilities** - Design and implement the company's sanctions screening program: standards, escalation procedures, recordkeeping, and reporting. - Build compliance policies and risk assessments tailored to Fun's non-custodial product architecture. - Select and manage blockchain analytics/screening vendors. - Embed compliance controls directly into the product development process. - Direct external compliance advisors and specialists as needed.
**Required Skills** A. 8+ years of compliance experience, including significant time at a crypto/DeFi company or an institution with a digital-assets program. B. Working command of OFAC sanctions requirements as applied to blockchain activity. C. Direct experience with non-custodial architectures and self-custody product models. D. Blockchain analytics proficiency — can read and analyze on-chain transactions.
**Bonus Skills** - Experience standing up a compliance program from zero at an early-stage company. - Money transmission, MSB registration, or state licensing background. - Regulatory, enforcement, or policy experience. - Familiarity with payment card schemes and fiat rail compliance.
**Logistical Info** - Location: Midtown NYC HQ; in-person Mon–Thu, optional WFH Friday. - Compensation: $300K–$360K + equity. - **Other:** Equity + performance incentives; comprehensive benefits.
**Ideal Background** - Compliance leads from crypto/DeFi companies who've built (not just run) a sanctions/screening program from the ground up. - Priority note (recruiter-only, Sept 18 call): explicitly one of the client's lower-priority open roles right now ("bubbling," not urgent) — pipeline steadily, don't over-invest before Marketing/Design/Counsel are further along. - Process note (recruiter-only, Sept 22 call): interview process is the same as Senior Counsel.
**Green Flags** - Has built compliance infrastructure as a first/founding compliance hire before, not just operated within an existing program. - Strong written policy/process skills.
**Red Flags** - Only large-institution experience with no hands-on, from-scratch program-building background. - No direct non-custodial/self-custody product experience.
**Interview Process** 1. Recruiter screen with Caroline Kerr. 2. Hiring manager screen. 3. Take-home exercise. 4. Panel review of the take-home (on-site). 5. Cross-functional culture screen (on-site). 6. Founder chat, if the founder is available.
Interested in this one?
There is no apply button here on purpose. Tell us about yourself, we book a short call, and if this role fits we walk you through the company and ask before anything is sent. Always free for you.
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