Associate Director of Internal Audit, Gemini
$182-254k
+ Bonus & Equity
Cryptocurrency exchange platform
Job no longer available
Cryptocurrency exchange platform
1001+ employees
Job no longer available
$182-254k
+ Bonus & Equity
1001+ employees
Company mission
To unlock the next era of financial, creative and personal freedom
Role
Who you are
- 8+ years of financial services, fintech, or cryptocurrency internal audit experience with increasing responsibility
- 4+ years managing an audit team
- Working knowledge of auditing standards and procedures, laws, rules and regulations
- Ability to be flexible in a rapidly changing risk and regulatory environment and “roll up sleeves” when priorities or project scopes change
- Ability to lead a project team and foster a strong working relationship with in-house auditors, third-party co-sourcing providers, regulators, and internal lines of businesses
- Strong verbal and written communication skills
- Proven ability to meet project budget and timeline constraints, and to identify and escalate issues that may impact project progress
- Creative mindset that will allow effective challenge on how the internal audit program and specific internal audit projects are performed to promote continuous improvement
- Strong organizational skills and proven ability to effectively manage and prioritize time amongst various activities
- Bachelor’s degree in Accounting, Finance, Risk Management or related field, or commensurate work experience
What the job involves
- Internal Audit at Gemini is dedicated to providing independent assurance of the design and effectiveness of internal controls while working with business partners to solve problems and optimize the control environment for continued growth
- Reporting to the Head of Internal Audit, this individual is responsible for managing and executing internal audit activities across Gemini’s Operations, Finance, Legal, Compliance, and Risk departments
- The role's primary responsibilities include evaluating Gemini’s control environment and compliance with key regulations, managing third-party internal audit consultants, collaborating with the Risk and Compliance departments on control testing activities, and partnering with key stakeholders to design remediation solutions for identified issues
- The Associate Director, Internal Audit has a unique opportunity to help create a modern Internal Audit department in the evolving, fast-paced digital assets industry
- The Associate Director, Internal Audit will provide a critical role in helping Gemini oversee, manage, and monitor existing and emerging risks, as well as partner with business departments in enhancing controls and improving core processes
- This individual will scope and execute internal audits, partner with process owners to develop remediation plans for issues, validate issue remediation, and promote a sustainable Internal Audit program
- Internal Audit is one of the few functions that has the opportunity to make an impact on all lines of business to ensure critical processes are well controlled
- The ideal candidate is a strong critical thinker, adaptive to evolving regulatory environments and emerging risks, has an open and creative mindset on how to approach risk within a rapidly changing environment, and communicates effectively with leadership
- Manage and execute internal audits in accordance with professional standards, company policies, and regulatory requirements. This includes scope development, control testing, issue identification and vetting with process owners, and report drafting, as well as oversight of in-house auditors and third-party consultants in the execution of these activities
- Lead a team of in-house auditors by providing oversight of day-to-day audit execution activities, on-the-job coaching, and opportunities for growth
- Evaluate methods to streamline audit approaches, improve control testing activities, and enhance risk monitoring
- Work closely with process owners and stakeholders to provide meaningful input on effective risk mitigation, control implementation, and internal audit issue remediation, while maintaining the independence of the 3rd Line of Defense
- Collaborate with management to ensure internal audit issues are resolved in a timely manner
- Facilitate the annual Internal Audit risk assessment process, including the scoring and documentation of risk ratings
- Assist the Head of Internal Audit with reporting to the Audit Committee of the Board and regulatory institutions, where applicable
- Collaborate with the Risk and Compliance departments on control testing activities, maintenance of the process, risk, and control library, and enterprise risk management
Our take
Gemini is a cryptocurrency exchange platform that's known for offering excellent security as well as being available across the US, including New York - a state not often covered by crypto exchanges.
As a trading platform, Gemini is one of many, but a dedication to innovation and a commitment to working within FCA regulations are what make it stand out from the crowd. After acquiring Blockrize in 2021, the company launched a credit card for US customers that enables them to earn a small percentage of spending back in bitcoin rewards. It also launched the Gemini dollar, a 1:1 USD-backed stablecoin, that combines the price stability of the US dollar with the technological advantages of a cryptocurrency.
The crypto exchange market is crowded with exchange platforms, and Gemini's competitors include giants like Coinbase. However, by operating within regulations and maintaining its status as a registered digital asset service provider in Europe (with plans to expand further in the region very soon), Gemini is in a strong position to face the continued crackdown on unauthorized activity in this market and make a space for itself in the DeFi future.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-13% employee growth in 12 months
Company
Funding (1 round)
Nov 2021
$400m
GROWTH EQUITY VC
Total funding: $400m
Company benefits
- Flexible vacation policy
- Retirement plan matching
- Generous parental leave
- Comprehensive health plans
- Training and development
- Health and wellness perks
- Community events
Company HQ
New York, NY
Leadership
Tyler Winklevoss
(Co-Founder & CEO)Principal at Winklevoss Capital. Studied Economics at Harvard. Notorious for their role in the founding of Facebook, they co-founded Gemini with brother Cameron in 2014.
Cameron Winklevoss
(Co-Founder & President)Principal at Winklevoss Capital. Studied Economics at Harvard. Notorious for their role in the founding of Facebook, they co-founded Gemini with brother Tyler in 2014.
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