Finance Operations Lead

About Bastion

Bastion enables financial institutions and enterprises to issue regulated stablecoins, generate revenue on reserves, and expand their ecosystems. Bastion’s platform combines stablecoin issuance, secure custody, and seamless orchestration for cross-border transfers, on/off-ramps, and stablecoin conversions. With Bastion’s platform and APIs, businesses can create and scale their stablecoin network, while optimizing revenue, compliance, and control.

Overview

We're seeking a process-driven and technically proficient Finance Operations Lead to streamline our financial operations. This hands-on role involves identifying operational inefficiencies, implementing scalable payment operations, and maintaining risk controls for stablecoin transactions. You'll play a key role in developing transaction reporting systems, managing daily settlement processes, and ensuring accurate reconciliation of all financial activities, collaborating closely with cross-functional teams to create seamless financial workflows.

Responsibilities

• Identify inefficiencies in operational processes and implement solutions with a 360-degree view of operations and stakeholder requirements. 

• Document, maintain, and improve standard operating procedures for finance operations at Trust. 

• Develop scalable payment operations processes that accelerate transaction times and reduce stuck transactions. 

• Verify customer deposits in both fiat and USDC, and validate trust minting operations. 

• Implement risk controls by monitoring swap operations, tracking spread activities through exchanges, and verifying stablecoin transactions and redemptions. 

• Develop transaction reporting systems for customers, including daily settlement reports, transaction status updates, and balance confirmations. 

• Monitor customer wire transfers, track currency conversions, and rebalance fiat/stablecoin holdings as needed. 

• Calculate daily NAV and generate transaction fees reports. 

• Own the end-to-end settlement process including daily reconciliation, exception handling, and audit trail maintenance.

• Manage fiat on/off ramp operations, including comprehensive reconciliation and financial reporting for all fiat-to-crypto and crypto-to-fiat transactions.

• Collaborate with exchange partners to optimize fiat-to-crypto on/off ramp processes, troubleshoot transaction issues, and ensure smooth conversion flows.

• Create and maintain detailed reconciliation reports for fiat on/off ramp activities, ensuring accuracy between banking systems and crypto exchange platforms.

Qualifications

• 3+ years of experience in financial operations or payment processing. 

• Demonstrated experience with cryptocurrency operations and blockchain transactions. 

• Track record of developing and improving financial operations processes. 

• Experience with settlement systems and reconciliation procedures. 

• Knowledge of regulatory requirements for financial transactions. 

• Strong analytical skills and attention to detail. 

• Proficient in financial reporting tools and database management. 

• Experience with workflow optimization and process improvement. 

• Exceptional problem-solving abilities with a methodical approach.

Bastion provides equal employment opportunities to all employees and applicants for employment and prohibits discrimination and harassment of any type without regard to race, color, religion, age, sex, national origin, disability status, genetics, protected veteran status, sexual orientation, gender identity or expression, or any other characteristic protected by federal, state or local laws. This policy applies to all terms and conditions of employment, including recruiting, hiring, and placement. Bastion participates in E-Verify to authorize eligibility of employment in the United States.