Head of FinCrime, OKX
Internal Audit
$175-219k
Office located in San Jose, CA
Cryptocurrency trading app
Job no longer available
Cryptocurrency trading app
1001+ employees
Job no longer available
$175-219k
Office located in San Jose, CA
1001+ employees
Company mission
To take care of our team, promote and advance crypto globally, and empower every individual in the world.
Role
Who you are
- Experience: 12+ years in internal audit, including leadership roles in Financial Crimes 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 AML, CTF, and sanctions 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: ACAMS required. CPA, CIA, or similar credentials are also preferred. Advanced certifications (e.g.,, CISA, CFA) are a plus
- Education: Bachelor's degree in Accounting, Finance, Business Administration, or a related field. Juris Doctorate preferred
What the job involves
- The Head of Financial Crimes Audit will lead and oversee the internal audit function for financial crimes, including Anti-Money Laundering (AML), Counter-Terrorist Financing (CTF), sanctions compliance, fraud prevention, and other financial crime-related activities
- This role ensures that the organization's financial crime risk management and compliance frameworks are robust, effective, and aligned with regulatory expectations
- Develop and implement the annual audit plan for financial crimes, ensuring alignment with the organization's strategic goals and regulatory requirements
- Advise senior management and the Board on financial crime-related risks, control gaps, and regulatory trends
- Act as a subject matter expert for financial crimes audit, providing strategic insights and guidance
- Lead end-to-end audits covering AML/CTF, sanctions compliance, fraud detection, and other financial crime programs
- Assess the effectiveness of policies, procedures, controls, and systems designed to mitigate financial crime risks
- Monitor compliance with global regulatory requirements (e.g., BSA/AML, FATF, OFAC sanctions, etc.)
- Ensure that audits are conducted efficiently, with clear and actionable recommendations provided to management
- Recruit, train, and mentor a team of financial crimes audit professionals
- Foster a culture of collaboration, excellence, and continuous improvement within the audit team
- Manage team performance and ensure the delivery of high-quality audit reports
- Build and maintain strong relationships with key stakeholders, including Compliance, Risk Management, Legal, and external regulators
- Participate in governance forums, presenting audit findings and updates related to financial crimes risk
- Provide proactive insights into emerging financial crime risks and regulatory changes
- Stay up to date with regulatory developments, industry best practices, and emerging threats in financial crime risk management
- Ensure the organization's financial crime audit approach aligns with regulatory expectations and global standards
- Prepare and deliver comprehensive, timely, and accurate audit reports to senior management and the Audit Committee
- Track and validate the remediation of audit findings to ensure timely resolution
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 decentralised finance investment products. With a reputation for security and reliability, it has a user base 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
Company
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
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 20 more jobs at OKX