Director of Risk Management, Bitgo
$190-220k
+ Bonus + Equity (Stock options)
Digital asset financial services for instuitutions
Job no longer available
Digital asset financial services for instuitutions
201-500 employees
Job no longer available
$190-220k
+ Bonus + Equity (Stock options)
201-500 employees
Company mission
BitGo's mission is to deliver trust in digital assets.
Role
Who you are
- BitGo is seeking people who are passionate about their craft, take full ownership for their work and projects, and believe in transparent and collaborative culture with the goal of making BitGo successful
- Knowledge of risk management and control frameworks (e.g. COSO, ISO 31000)
- Knowledge of of information security and privacy standards and regulations (e.g., ISO 27001/27701, NIST, FFIEC, CCPA, EU GDPR)
- High level of commitment to quality work product and organizational ethics, integrity, and compliance
- Excellent staff management skills
- Ability to interface with top management
- Strong interpersonal skills and the ability to effectively communicate, both written and verbally
- Ability to multitask and meet deadlines with minimal supervision
- A college degree in business, public policy, or a technical field. (BA/BS)
- Minimum of 5-8 years of relevant experience
- You are knowledgeable and enthusiastic about blockchain technology and cryptocurrencies
What the job involves
- We are looking for a Director of Risk Management to assist the Chief Risk Officer in managing and expanding the enterprise-wide risk management program and to provide subject matter expertise on various types of risks (security, regulatory, operational, and financial) and compliance matters
- You will work closely with corporate executives, sales, product, engineering, HR, finance, legal counsel, and business managers to understand BitGo’s top risks and risk tolerance
- Assist in the development, implementation, and management of the overall process for enterprise risk strategy and policies, standards, and guidelines related to corporate risk
- Lead the review of third-parties, applications, and/or technology environments during the onboarding, development, or acquisitions process to ensure potential risks are identified and mitigated/accepted accordingly
- Ensure BitGo risk framework aligns to industry standards
- Assist in developing, implementing, and managing BitGo’s enterprise-wide risk management program, including necessary policy, procedures, and training
- Work with the corporate executives in finance and in BitGo Prime to establish processes and procedures for the analysis of financial and counterparty risks
- Assist Legal and Compliance teams in ensuring BitGo adheres to all regulatory obligations across its global operations
Our take
The digital asset industry is maturing, with asset companies looking to shore up their positions by adding secure custody capabilities. This is good news for BitGo, an independent, regulated cryptocurrency custodian company providing security, custody, and liquidity solutions.
BitGo’s flagship multi-signature wallet solution helps its clients mitigate risk and optimize capital efficiency. The company has subsequently expanded to also cover a number of areas that are critical for any holder of major crypto assets - like portfolio and tax management. In this, BitGo was smart to focus exclusively on institutional clients: there’s huge appetite among larger players to expedite the mainstreaming of crypto, and they’ll need precisely BitGo’s tools to get there.
BitGo was in talks to be acquired by PayPal, and most recently Galaxy Digital, which speaks to a strong institutional confidence in the crypto wave. In spite of a rocky year for the digital assets (which now sees BitGo suing Galaxy Digital for pulling out of the acquisition deal), BitGo has manoeuvred itself into a central position to capitalize on what, now, seems a near-inevitable period of mass adoption. Exemplifying this, the BitGo Ventures wing of the company was launched in 2024 to partner with and invest in cutting edge blockchain and fintech startups.
Freddie
Company Specialist at Welcome to the Jungle
Insights
-26% employee growth in 12 months
Company
Funding (last 2 of 4 rounds)
Aug 2023
$100m
SERIES C
Oct 2018
$16m
SERIES B
Total funding: $170.5m
Company benefits
- Company-paid medical, dental, and vision plans
- Catered lunches, fresh snacks, and gourmet coffee
- Commuting made easy with company-paid Caltrain passes
- Competitive compensation, stock options, and 401k plan
- Top-end computer equipment to power your work
- Flexible vacation time
- Remote/hybrid friendly with physical location workspaces
Company HQ
Evergreen Park, Palo Alto, CA
Leadership
Mike Belshe
(CEO)Previously Director of Engineering at Good Technology, who went on to found Cookout Software - and then move to Google as a Software Engineer/Development Manager when the latter company bought out the startup. Has served as BitGo CEO for over a decade.
Ben Davenport
(Advisor)Has spent time as a Software Engineer at Microsoft, Google, and Facebook, and worked on algorithm development at Hudson River Trading. Additionally co-founded and led Beluga, a mobile group messaging solution that was ultimately bought by Facebook, and became Facebook Messenger.
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