Risk Assessment and Internal Testing Analyst, Bitfinex
Digital asset trading platform
Open for applications
Digital asset trading platform
201-500 employees
Open for applications
201-500 employees
Company mission
To give users the ultimate cryptocurrency trading experience.
Role
Who you are
- Bachelor's degree (preferred)
- Previous professional experience in risk management / internal control / compliance
- Basic knowledge of blockchain technology (preferred)
- CAMS/CBP designation or equivalent (preferred)
- Ability to build relationships both internally and externally
- Strong organization and time management skills
- Team player as well as independent thinker with strong critical thinking and analytical skills
- A strong understanding of the Company’s platform and products and services is required
What the job involves
- The Compliance Risk Assessment and Internal Testing Analyst will cooperate closely with, and report to the Risk Assessment and Internal Testing Manger in the implementation of the company’s Anti Money laundering (AML) risk assessment framework
- The incumbent will provide an objective assessment on internal controls, identify key findings, and propose recommendations to address risks and reinforce internal controls
- Areas of focus will include products, delivery channels, geography and customer risk
- To succeed in this role, the incumbent will continuously strive to self-develop and enhance their skill sets including understanding the Company’s products and Services, blockchain technology, virtual currencies, suspicious activities in the space, and best investigative practices to mitigate against the risk of money laundering, financing terrorism or violating sanctions and to ensure the company’s robust Regulatory Compliance
- Evaluating inherent and residual risk
- Identifying, characterizing, and documenting risks and controls
- Performing control design assessment and effectiveness analysis: defining test samples, executing control effectiveness tests, and documenting results
- Performing analysis and understanding of processes / activities through meetings and walkthroughs with process owners and involved stakeholders
- Conducting preparatory work for assignments, including obtain information to better understand the scope and processes subject to analysis
- Performing critical analysis on risk exposure current situation, proposing recommendations to reinforce controls
Our take
Since its 2012 founding, Bitfinex has consistently been one of the world’s largest crypto exchanges, supporting over 150 currencies and offering multiple trading options. Its popularity is largely down to how user friendly it is for all levels of trader, from beginner to pro.
For all its popularity, it’s impossible to ignore the controversies the company has faced, along with its sister currency Tether. This includes hacking, a highly publicized settlement over an alleged $850 million loss cover-up, and its involvement in a shadow banking operation which landed the perpetrator 6 years in prison.
It’s also worth noting however, that bad press has dogged a lot of major players in the crypto world. Bitfinex’s supporters don’t seem to have been swayed by the headlines, and the company continues to move on. In 2022, it gained access to the Single Euro Payments Area (SEPA), and the company is hoping to gain regulatory approval and licensing around the world.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
Few candidates hear
back within 2 weeks
3% employee growth in 12 months
Company
Company benefits
- Room to grow
- Work with talented people
- Build a life-changing career
- Transparency and autonomy
- Open vacation policy
- Culture of learning
- Offsites and team building
- Flexible hours
- Full remote
Company values
- Sense of Ownership – You are accountable and recognized for your work, leading a project from conception to launch
- Team Player – We work quickly and collaboratively in the best interests of the team, encouraging and helping each other
- High Performance – Being results-driven, we work fast and achieve the most significant impact without compromising quality
- Passion – We share the passion for achieving the Bitfinex vision and want to make a difference
- Positivity – We’re always positive and intended to inspire others to overcome any tough challenges. Whatever happens - we rise and shine brighter together
- Community Oriented – Paying attention to details and understanding users' needs, we are committed to being a steward to the community and deliver the best services
Company HQ
Wickhams Cay 1, Road Town, Tortola
Articles
Leadership
J. L. van der Velde
(CEO)CEO at Bitfinex since 2013. Prior to joining Bitfinex, was CEO of investment firm PAG Asia.
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