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 Americas 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. Were backed with $40M from Peter Thiels 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
Most Controllers inherit someone elses system. Youre building the whole thing from scratch - the GL the close the control environment the regulatory reporting stack.
That means running the close end to end producing GAAP financial statements and filing regulatory reports including call reports and FR Y-9SP. You co-lead the finance systems implementation - GL subledgers close tooling reconciliation infrastructure - and design the internal control environment from the ground up. You coordinate internal and external audits partner with Risk and Compliance on model governance and work directly with Product and Engineering on how new launches hit the books. You govern AI-enabled workflows in finance - anomaly detection reconciliation support policy drafting - which almost nobody in banking has had to do yet.
Your First Six Months
Months 1-2: GL entries are live and source system connections are in place. Youve mapped the chart of accounts established the data governance framework and the books are running.
Months 3-4: Controls effectiveness testing with the external auditor is complete. The control environment you designed is documented and owned.
Months 5-6: Close process is established - reconciliations accruals flux analysis - and you produce the first Call Report with full supporting documentation. The bank is open.
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 cant leave something broken. You dont stop because it got hard or because no one is watching.
Set The Bar: Youre harder on yourself than anyone else would be. You dont need external accountability to care about quality.
Shape The Game: You dont wait for a playbook and you dont need one. You walk into genuinely new territory and figure it out. You move before anyone asked you to.
Systems First: You dont 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 cant leave a control gap unfilled or a reconciliation unexplained. Your documentation holds up under external scrutiny the first time not after a review cycle.
Youre as comfortable in an engineering discussion as a finance one. Complex accounting doesnt stay complex when you explain it.
Youve been waiting for the chance to build a banks accounting infrastructure from scratch - not inherit someone elses.
You find the idea of governing AI-enabled workflows in a regulated environment more interesting than intimidating.
This is not for you if:
You need a well-defined scope handed to you on day one.
You get nervous about being held accountable for accuracy.
Youre more comfortable inheriting a system than designing one.
You need a large team around you to be effective.
Hard Requirements
Experience at a bank or financial institution where net interest income is the primary revenue driver.
Hands-on experience with complex balance sheets (loans deposits investment securities)
GL conversion or new system implementation experience.
Strong working knowledge of US GAAP; comfortable researching and taking technical positions independently.
In New York or ready to relocate.
Pay transparency:
Compensation packages at Augustus include base salary equity and benefits. New hire offers are made based on a candidates experience expertise and geographic location. The annual US base salary range for this role is $200000-$300000 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.
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 cl...
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 Americas 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. Were backed with $40M from Peter Thiels 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
Most Controllers inherit someone elses system. Youre building the whole thing from scratch - the GL the close the control environment the regulatory reporting stack.
That means running the close end to end producing GAAP financial statements and filing regulatory reports including call reports and FR Y-9SP. You co-lead the finance systems implementation - GL subledgers close tooling reconciliation infrastructure - and design the internal control environment from the ground up. You coordinate internal and external audits partner with Risk and Compliance on model governance and work directly with Product and Engineering on how new launches hit the books. You govern AI-enabled workflows in finance - anomaly detection reconciliation support policy drafting - which almost nobody in banking has had to do yet.
Your First Six Months
Months 1-2: GL entries are live and source system connections are in place. Youve mapped the chart of accounts established the data governance framework and the books are running.
Months 3-4: Controls effectiveness testing with the external auditor is complete. The control environment you designed is documented and owned.
Months 5-6: Close process is established - reconciliations accruals flux analysis - and you produce the first Call Report with full supporting documentation. The bank is open.
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 cant leave something broken. You dont stop because it got hard or because no one is watching.
Set The Bar: Youre harder on yourself than anyone else would be. You dont need external accountability to care about quality.
Shape The Game: You dont wait for a playbook and you dont need one. You walk into genuinely new territory and figure it out. You move before anyone asked you to.
Systems First: You dont 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 cant leave a control gap unfilled or a reconciliation unexplained. Your documentation holds up under external scrutiny the first time not after a review cycle.
Youre as comfortable in an engineering discussion as a finance one. Complex accounting doesnt stay complex when you explain it.
Youve been waiting for the chance to build a banks accounting infrastructure from scratch - not inherit someone elses.
You find the idea of governing AI-enabled workflows in a regulated environment more interesting than intimidating.
This is not for you if:
You need a well-defined scope handed to you on day one.
You get nervous about being held accountable for accuracy.
Youre more comfortable inheriting a system than designing one.
You need a large team around you to be effective.
Hard Requirements
Experience at a bank or financial institution where net interest income is the primary revenue driver.
Hands-on experience with complex balance sheets (loans deposits investment securities)
GL conversion or new system implementation experience.
Strong working knowledge of US GAAP; comfortable researching and taking technical positions independently.
In New York or ready to relocate.
Pay transparency:
Compensation packages at Augustus include base salary equity and benefits. New hire offers are made based on a candidates experience expertise and geographic location. The annual US base salary range for this role is $200000-$300000 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.
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