Stablecoin Reserve-and-Redemption Control Leader — Regulated Payments

The mandate

A delayed banking feed exposed that reserve balances, safeguarded customer funds, issued tokens and pending redemptions were being reconciled on different cut-offs. Chain reorganisation, failed mint transactions and omnibus bank accounts create further timing differences, while management dashboards present a single coverage ratio without ageing exceptions. The reserve controller resigned as regulators requested transaction-level evidence and an executable stress response.

The nine-month assignment begins within ten days and covers reserve eligibility, bank and custodian confirmation, mint-burn governance, customer-liability completeness, daily reconciliation, exception command, liquidity forecasting and public-attestation inputs. The leader must establish ninety consecutive controlled days, conduct two adverse simulations and prepare the permanent team for the next regulatory examination. Product expansion cannot extend the term.

Handover requires daily asset-to-liability proof by currency and legal entity, controlled in-flight items, reserve concentration limits, redemption liquidity triggers, chain-event procedures and an evidence pack for ninety days. A permanent leader selected by month five must command an unseen bank outage plus chain reorganisation, decide escalation and explain coverage without using the interim’s private reconciliations.

The role may halt minting within approved triggers, quarantine unreconciled wallet activity, require bank confirmations, set intraday liquidity floors, redirect the authorised SGD 38 million remediation budget and replace temporary control leads. The board retains reserve policy, public attestation, banking appointments, customer terms, token launch, investment risk appetite, regulatory certification and any permanent executive appointment.

Product design, smart-contract development, asset trading, legal classification, audit or attestation opinion and customer communications remain outside scope. The leader can demand technical and banking evidence but cannot deploy chain code, interpret law, move reserves outside approved authorities or promise redemption outcomes. The assignment ends after the examination-ready pack, ninety-day record and tested successor are accepted.

Why this seat is open

The feed failure revealed that Treasury, blockchain operations and customer-ledger teams each reconciled a defensible subset but nobody owned simultaneous asset, liability and redemption truth. The controller’s departure turned a process weakness into an authority gap. Temporary leadership is required before regulators and banking partners test the evidence under stress.

What you will own

• Reconcile eligible reserves, safeguarded balances, issued supply, customer liabilities, burns, mints and pending redemptions by cut-off.
• Establish ageing and ownership for bank timing, chain finality, failed transaction, omnibus allocation and customer-ledger exceptions.
• Set intraday liquidity triggers for redemption concentration, bank outage, custodian delay, currency mismatch and market closure.
• Govern wallet and smart-contract event evidence without assuming code-deployment, security-acceptance or protocol-change authority.
• Command two simulations combining chain reorganisation, banking-feed loss, redemption surge and contradictory internal coverage reports.
• Maintain regulator-ready confirmations, reconciliations, override records, incident decisions, reserve eligibility and public-attestation inputs.
• Transfer ninety controlled days, stress playbooks and live exception authority to the permanent reserve-control leader.

Candidate qualifications

• Held senior reserve, safeguarding or treasury-control authority within a regulated payments, e-money or digital-asset issuer.
• Reconciled bank, custodian, blockchain and customer-liability records across currencies, entities, cut-offs and finality conditions.
• Directed mint-burn and redemption controls under liquidity stress without conflating technical supply with legally eligible reserves.
• Worked with regulators, banking partners, security teams and attestation providers while preserving their distinct responsibilities.
• Established daily evidence and exception command that survived outages, chain events, late confirmations and transaction reversals.
• Completed permanent succession through a live or simulated multi-system reserve and redemption disruption.

Non-negotiables

• Can start in Singapore within ten days and work onsite through both multi-chain incident simulations.
• Will disclose interests involving reserve banks, custodians, token issuers, exchanges, auditors, attesters and technology providers.
• Brings regulated reserve-and-liability control at transaction level; digital-asset strategy alone is insufficient.
• Accepts no authority over legal classification, public attestation, token launch, investment appetite or smart-contract deployment.

1. 49 words maximum. Describe a reserve discrepancy caused by cut-off, finality or an in-flight redemption.
2. 49 words maximum. When would you halt minting during a bank-feed outage, and on whose authority?
3. 49 words maximum. What unseen bank-and-chain scenario must the permanent leader resolve before handover?