Head of Professional Practices, OKX
Internal Audit
$219-262k
Cryptocurrency trading app
Job no longer available
Cryptocurrency trading app
1001+ employees
Job no longer available
$219-262k
1001+ employees
Company mission
To eliminate financial barriers, evolve the global economy, and change the world for better.
Role
Who you are
- Experience: 12+ years in internal audit, including leadership roles in Professional Practices at a leading global financial institution, fintech, or Big 4 firm
- Experience in crypto, digital assets, or blockchain is a plus
- Expertise: Deep knowledge of IIA Standards, regulatory expectations for financial services, and cutting-edge audit methodologies
- Familiarity with data analytics and emerging audit technologies is highly desirable
- Leadership: Proven ability to lead and inspire cross-functional teams in a fast-paced, high-growth environment
- Communication: Exceptional ability to articulate complex ideas to diverse audiences, including regulators, senior leadership, and boards
- Certifications: CPA, CIA, or similar credentials required
- Advanced certifications (e.g.,, CISA, CFA) are a plus
What the job involves
- The Head of Professional Practices will lead the development, execution, and enhancement of the Internal Audit function's professional practices at OKX
- This critical role will ensure audit methodologies, standards, and tools are world-class, innovative, and aligned with global regulatory expectations
- You'll establish the backbone of the audit organization as we scale and innovate globally
- Design, implement, and maintain OKX's Internal Audit methodology in line with IIA Standards, regulatory expectations, and best practices
- Drive innovation in audit practices, incorporating data analytics, AI, and other technologies to improve audit efficiency and effectiveness
- Develop and lead a robust Quality Assurance and Improvement Program (QAIP) to ensure audit work meets regulatory and professional standards
- Conduct periodic internal reviews and support external assessments
- Serve as the key liaison for regulatory examinations and ensure the Audit function's alignment with local and global regulatory requirements
- Stay ahead of emerging regulatory trends in crypto, digital assets, and blockchain to future-proof audit practices
- Build and execute a comprehensive training program to enhance the skills and knowledge of the audit team, ensuring readiness for emerging risks in blockchain and digital finance
- Serve as a mentor and thought leader within the Audit function
- Provide regular updates to the Chief Audit Executive and Audit Committee on the state of professional practices, QAIP results, and regulatory readiness
- Develop dashboards, metrics, and reporting frameworks to monitor the health of the Internal Audit function
- Develop comprehensive, high-quality audit materials for the Board of Directors, Audit Committee, and Management Committees globally, ensuring clarity, transparency, and alignment with organizational objectives and regulatory expectations
- Develop, manage, and oversee the Internal Audit department's budget, ensuring efficient allocation of resources, alignment to strategic priorities, and adherence to financial and operational guidelines. Regularly review expenditures to optimize cost-effectiveness and support the department's evolving needs
- Represent OKX Audit in external forums, contributing to the evolution of audit practices in the crypto and digital asset industry
- Partner with other functions (e.g., Compliance, Risk Management) to promote a strong risk culture across the organization
Our take
While cryptocurrency holds the promise of freedom in personal finances and the possibility of large financial rewards through trading, it can be intimidating to get started. OKX, a long-standing crypto currency exchange, exists to solve that problem, removing the knowledge barriers to cryptocurrency trading with an easy-to-use, all in one platform.
OKX is one of the larger cryptocurrency exchanges, though it is a bit smaller than the market leaders Binance and Coinbase Exchange. Where it shines is in the sheer range of its services which are designed to be versatile enough for any user, ranging from a crypto exchange to NFT and decentralized finance investment products. With a reputation for security and reliability, it has a userbase of over 50+ million active accounts in over 180 countries.
OKX is using its structural position in cryptomarkets to help support the entire sector, announcing a market recovery fund to protect crypto firms facing collapse following the FTX crisis. Additionally, it is expanding into Web3 gaming with a 2023 partnership with Thirdverse, further increasing the scope of its offering to its client base. As long as it can continue to weather the tough market conditions for cryptocurrency it should maintain its excellent position to continue its growth.
Freddie
Company Specialist at Welcome to the Jungle
Insights
65% employee growth in 12 months
Company
Company benefits
- Comprehensive insurance package including medical, dental, vision, disability & life insurance.
- Paid Parental Leave
- Employee Referral Bonus Program paid in BTC
- More surprises when you join!
Leadership
Star Xu
(Founder & CEO)Previously an Engineer at Yahoo before becoming the Chief Technology Officer at DocIn. They later founded OKX and has recently reclaimed the title of CEO
Salary benchmarks
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