Internal Audit Principal, Gemini
Sarbanes-Oxley Program
$129.5-185k
+ Discretionary annual bonus and equity grant
2 days a week in office
Cryptocurrency exchange platform
Be an early applicant
Cryptocurrency exchange platform
1001+ employees
Be an early applicant
$129.5-185k
+ Discretionary annual bonus and equity grant
2 days a week in office
1001+ employees
Company mission
To unlock the next era of financial, creative and personal freedom
Role
Who you are
- 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
- 8+ years of financial services, fintech, or cryptocurrency internal audit, external audit, ICFR/SOX experience with increasing responsibility
- 4+ years leading an audit team
- Prior experience managing and reporting on an ICFR/SOX testing program including risk assessment, scoping, control design and implementation, testing approach, deficiency evaluation, and remediation oversight
- Strong understanding of business process controls and IT Controls (IT General Controls and IT Application Controls)
- Working knowledge of US GAAP, SOX 404 requirements, COSO framework, PCAOB auditing standards and relevant SOC reporting standards, as well as other 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, Information Systems, 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 Global Head of Internal Audit, this individual is responsible for managing Gemini’s Sarbanes-Oxley (SOX) testing program
- The role's primary responsibilities include evaluating Gemini’s controls over financial reporting and compliance with SOX and other key regulations, managing third-party consultants, collaborating with the Finance department and external auditors on control testing activities, and partnering with key stakeholders to design remediation solutions for identified issues
- This individual has a unique opportunity to help build an innovative and efficient SOX program as part of a modern Internal Audit department in the evolving, fast-paced digital assets industry
- The Principal, Internal Audit (SOX Program) will oversee, manage, and monitor Gemini’s SOX testing program as well as partner with business departments in enhancing controls over financial reporting and improving core processes
- This individual will scope and execute SOX testing, partner with process owners to develop remediation plans for control gaps and deficiencies, monitor and validate the remediation of gaps and deficiencies, and promote sustainable financial reporting processes through a SOX testing 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
- You'll oversee the SOX testing program in accordance with professional standards, company policies, and regulatory requirements
- This includes annual and ongoing scoping, controls testing to identify control gaps and deficiencies, and reporting of results related to SOX activities, as well as oversight of third-party consultants in the execution of these activities
- Manage and execute testing of IT General Controls and IT Application Controls for coverage over automated and IT-dependent Internal Controls over Financial Reporting (ICFR) processes
- Coordinate with external auditors on SOX testing, evidence collection and related efforts to align on control assessments and findings and maximize efficiency of the SOX program
- Contribute to and evaluate methods to streamline audit approaches, improve control testing activities, and enhance monitoring and reporting on ICFR and SOX activities
- Work closely with control owners and stakeholders to provide meaningful input on effective control design and implementation, and deficiency remediation, while maintaining the independence of the third line of defense
- Collaborate with management on an ongoing basis to facilitate timely remediation of control gaps and deficiencies through monitoring and reporting of remediation progress and effectiveness to Senior Management
- Facilitate the SOX risk assessment process, including the identification and scoping of SOX controls in coordination with the broader global Internal Audit risk assessment
- Develop and deliver reporting on SOX testing results, themes and trends and status of related activities to Senior Management and the Audit and Risk Committee
- Collaborate with internal functions and stakeholders on SOX walkthroughs, process documentation and control testing evidence and activities
- Communicate and educate stakeholders on standards for data integrity and overall documentation as required for Management Review Controls and Information Provided by the Entity to demonstrate data completeness, accuracy, and validation
- Drive the implementation of AuditBoard’s SoxHub to track and retain controls testing and remediation; as well as, develop and adopt automated testing, data analytics and/or the use of technology to optimize the SOX program
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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