Senior Compliance Manager, OKX
Risk Assessment
$143.1-214.7k
+ Bonus
Cryptocurrency trading app
Posted today
Cryptocurrency trading app
1001+ employees
Posted today
$143.1-214.7k
+ Bonus
1001+ employees
Company mission
To eliminate financial barriers, evolve the global economy, and change the world for better.
Role
Who you are
- Experience conducting BSA/AML and OFAC Risk Assessments
- Experience in the financial services industry, preferably in consulting
- Experience developing or integrating risk assessment tooling or automation within GRC system
- Familiarity with ERM-aligned risk taxonomies and mapping to enterprise risk frameworks
- Understanding of jurisdictional regulatory requirements ( e.g. FATF, FinCEN, MiCA, MAS)
- Ability to lead cross-functional working groups to complete risk assessment requests
- Excellent communication skills and attention to details
- Bachelor's degree in STEM, business, law or related field
What the job involves
- Lead the execution of the annual Global FC Risk Assessment ensuring timely delivery and comprehensive documentation
- Perform domain-specific risk assessments across areas such as Anti-Bibery and Corruption, Marketing, Sanctions, and privacy
- Partner with key stakeholders, including relevant business line leads, control owners, data advisory, and other areas to procure relevant data in a timely and accurate manner to support the risk assessment
- Conduct Risk Assessments for existing products, evaluate regulatory exposure and work closely with Assurance and Audit Teams to test effectiveness of controls effectiveness
- Develop and maintain a formal risk assessment notification process for transparency and cross-functional alignment
- Develop and maintain Standard Operating Procedures (SOPS) for all aspects of the risk assessment lifecycles
- Manage the execution and periodic update of the Global Country Risk Rating and methodology
- Define and monitor risk assessment KPI's and KRI's across the organization
- Conduct risk control self assessments to evaluate aggregated risk exposure and recommend control enhancements as needed
- Refine the risk assessment methodology, introducing enhancements to improve precision, consistency and scalability to be reviewed periodically by appropriate stakeholders
- Leverage and analyze quantitative data to identify risk trends and inform assessment outcomes
- Provide Risk Assessment Advisory support to local entities, including guidance for periodic risk assessments due diligence requests, license applications and registration processes
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
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