Augustus (formerly known as Ivy) has received OCC conditional approval to charter the first clearing bank for the AI era. Backed by Variant.
About the role
You own the mechanics that make the TPRM program run day to day. You are the person who keeps the vendor and partner inventory reconciled, moves relationships through onboarding and due diligence, coordinates SME reviews across every function that touches third-party risk, tracks BCDR posture on every critical vendor, and keeps the TPRM issues pipeline current. Found on 1752vc Careers, the job board for startup and VC roles.
What they're looking for
- Several years of experience in third-party/vendor risk management, procurement risk, compliance, or a related operational/governance function
- Comfortable managing due diligence and review cycles across multiple vendors, partners, and internal SME functions at once
- Strong organizational and documentation skills — inventories, DDQs, and trackers stay accurate under you, not just after you build them
- Working knowledge of, or strong ability to quickly learn, third-party risk concepts including due diligence tiering, BCDR/RTO/RPO, SLA monitoring, and issues management
- Comfortable working with Excel/spreadsheets and reporting tools, experience with GRC or TPRM platforms is a plus but not required
- In New York City, or ready to relocate
More about this role
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 - there is infinite global demand. But International Fintechs and non-US banks are left with two unsatisfying options to access it: Either they build on legacy clearing banks that are slow and unreliable, or they interface with middleware providers that don’t move and hold the dollars directly, but themselves rely on underlying legacy banks. Augustus collapses this stack by combining two things: A real, national bank charter (in organization), and Marble, our proprietary core banking system, built around intelligence, made of code.
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 are backed with more than $200M from Peter Thiel's Valar Ventures, Tiger Global, Hummingbird, QED, Creandum, and the founders of Nubank, Ramp, Deel, Circle, Fluidstack, Fuse, and n8n.
We are regulated in Europe and live with Euro and Stablecoin clearing today. Now, we are building the US team...
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