Facebook's Calibra Is Building a Compliance Team, Searching for Sanctions Lead

Calibra, a digital currency wallet built by Facebook, is beefing up its compliance team as the company tries to convince U.S. and European regulators that the social media giant's Libra project poses no legal threat.

The company is looking for a specialist that will "Lead the identification and analysis of our regulatory requirement and create policies, procedures and controls to ensure Calibra is fully compliant with all Sanctions requirements." The job posting appeared on Facebook's career website overnight.

The sanctions lead will be working with Calibra's legal and policy teams, interact with Facebook's partners as well as the government agencies and regulators to ensure the product complies with worldwide requirements.

Facebook is also looking for additional brainpower to enforce Calibra's general legal compliance efforts.

The career website is currently listing 27 jobs at Calibra alone, among the 47 jobs related to Facebook's blockchain work.

Facebook posted a number of data science jobs at Calibra in an effort to understand how people interact with the app, including an economics researcher.

All of these new hires aims to help Facebook engender trust in its system.

An anti-trust investigation into Calibra in the European Union did not make the matters easier for Facebook.

As reported Tuesday morning, Facebook hired Washington D.C.-based lobbyist John Collins, previously the head of policy at Coinbase, to work on "Issues related to blockchain policy."

Earlier in August, Facebook also hired Susan Zook of Mason Street Consulting, who previously worked as an aid to Senator Mike Crapo.