Opportunities in the Volt Capital portfolio

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companies
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Director of Operations

Penumbra

Penumbra

Operations
Remote
Posted on Wednesday, January 24, 2024

Penumbra brings privacy to proof-of-stake, allowing users to transact, stake, swap, and marketmake without disclosing their personal information, account activity, or trading strategies to the entire world – while still permitting selective disclosure to appropriate parties. Working at Penumbra Labs is a unique opportunity to work on exciting problems and build new financial infrastructure, and offers a collaborative work environment and a meaningful stake in the creation of a new protocol.

Penumbra brings privacy to proof-of-stake, allowing users to transact, stake, swap, and marketmake without disclosing their personal information, account activity, or trading strategies to the entire world – while still permitting selective disclosure to appropriate parties. Working at Penumbra Labs is a unique opportunity to work on exciting problems and build new financial infrastructure, and offers a collaborative work environment and a meaningful stake in the creation of a new protocol.

The Director of Operations plays a crucial role at Penumbra Labs, overseeing the development and evolution of business operations and controls in close collaboration with the CEO as the company expands. The ideal candidate is thorough, reliable, and at ease in a startup environment. This person will have experience in establishing operations that harmonizes the need for structure within the dynamic environment of a small organization.

Whether your expertise surpasses our expectations or you’re a rising talent eager to grow, we encourage you to apply. We believe in the strength of diverse perspectives and are open to considering a broad spectrum of skills that can contribute to our team. Don’t hesitate to showcase your unique talents – we value what each person brings to the table.

KEY RESPONSIBILITIES

In this role, you will be responsible for creating, improving, and rolling out new operational processes across a range of areas including:

  • Organizational Planning and Structuring: collaborating on organizational planning and structuring to optimize efficiency and effectiveness.
  • Process Improvement: defining and improving operational processes to enhance overall business performance.
  • HR/People Operations: implementing systems across people and culture domains to effectively run employee recordkeeping, onboarding, hiring, benefits management, performance evaluation, offboarding, and team bonding events.
  • Financial Operations: managing budgeting, vendor relationships, burn rates, financial reporting to the board and investors, liaising with and managing accounting providers, and ensuring regulatory filings are completed on time.
  • Commercial Operations: upholding best practices for contracting with vendors and clients and overseeing document management.
  • Blockchain and Crypto Compliance: stay abreast of regulatory changes in the blockchain and cryptocurrency space, ensuring the company’s operations comply with evolving legal requirements.

REQUIRED QUALIFICATIONS

  • Passion for the company’s mission of creating decentralized, private financial infrastructure
  • 3+ years of relevant experience in running many aspects of an organization
  • Aptitude for applied analytical thinking, comfortable with financials
  • Strong, effective communicator, both written and verbal
  • Ability to work in a fast-paced, diverse work environment with excellent follow-through
  • A self-starter who is able to prioritize and manage multiple assignments, take initiative, and work independently
  • Team player with a "no task is too small" attitude with strong interpersonal skills
  • We want people who are eager and will work hard to up-skill and improve their knowledge in the crypto space
  • Self-organized in a remote-first work environment
  • Time zone: US ET-PT

NICE-TO-HAVES:

  • Experience working for startups, especially blockchain companies
  • Experience working closely with treasury, accounting, and legal teams
  • Knowledge of Asana and project management skills

BENEFITS

For candidates in the United States, this role has an annual starting salary range of $130,000 - $155,000 plus equity and benefits listed below. Actual compensation is influenced by a wide array of factors including but not limited to your individual skills and experience.

  • Fully paid medical, vision, and dental insurance for full-time employees (including dependents)
  • Unlimited PTO
  • 401k match (up to 4%)
  • Home office setup stipend