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Operations Lead

Augustus · On-site · New York City · $180k–$250k

Posted by Augustus on their careers site · View the original posting

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Open 110 days

Hiring? Uncertain · Open 109 days.

The posting, as Augustus wrote it

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 banks are left with two unsatisfying options to choose from: Either build on legacy correspondent banks that are slow and unreliable, or interface with middleware providers that neither move nor hold the dollars directly, but instead rely on underlying legacy banks themselves. At Augustus, we collapse the 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 ex-founders, founding employees of unicorns, and people who dropped out of university 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 Etched.

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

As Operations Lead at Augustus, you will own and lead one of the core operational domains of the bank end-to-end. Our operations are organized around customer workflows - customer operations, payment operations, fincrime operations - and each domain runs like a product team. You own its processes, SOPs, KPIs, tooling, automations and the agents that run them.

We're building a dark bank, a bank that runs mostly autonomously, where operations are designed so the work doesn't emerge in the first place. Legacy banks scale operations with people. We build systems that make the work disappear.

You design the system. You set the metrics that prove it works. You build the agents that run it. You work across Operations, Product, Engineering, and Compliance.

YOUR FIRST SIX MONTHS

  • Months 1-2: Do the manual work yourself. Sit in the queue, run the cases, see where the process breaks. Take ownership of the domain as it exists today and define the KPIs that will tell you whether the system is working.
  • Months 3-4: Ship the first wave of automations. Prove the operating model on a live cohort. Drive a measurable lift with the flows you've rebuilt.
  • Months 5-6: Agents live across the domain. The long tail runs hands-off, humans handle only the highest-risk or knife-edge decisions. Scale the system - not the team.

WHO WILL THRIVE AT AUGUSTUS

We believe that throwing smart people with high agency at big problems produces the best outcomes. We’re building a modern correspondent bank, and we win by having a better team. The people who succeed here share the following traits:

  • American Dream: You’d rather shoot for gold than settle for mediocrity. You pick the harder goal

[…]
d understand them completely - including you.

  • "Mostly autonomous operations" sounds like a marketing line to you. The dark bank thesis shapes every decision. Skepticism about it means rowing against the current daily.

HARD REQUIREMENTS

  • 3+ years building products or processes at a bank, fintech, payments, or crypto company - or a tier-1 consulting background with regulated financial services exposure.
  • You've shipped automations or agents that run in production today, not proofs of concept.
  • Based in New York or Berlin, or willing 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 $180,000-$250,000 + 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.

Additional to the global benefits above, we offer localized benefits such as comprehensive medical, dental, and vision insurance and a 401(k) retirement plan for our US team.

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.