Head of Internal Audit at BitMEX

Hong Kong

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Not SpecifiedCompensation

Expert & Leadership (9+ years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Financial ServicesIndustries

Requirements

Bachelor's degree in Accounting, Finance, Business Administration, or a related field. A Master's degree is a plus
Professional certification such as Certified Internal Auditor (CIA), Certified Public Accountant (CPA), or Certified Information Systems Auditor (CISA) is essential
Minimum of 7-10 years of relevant experience (inferred from incomplete description)

Responsibilities

Contribute to and implement a comprehensive risk-based annual audit plan aligned with the organisation's strategic objectives and the requirements of applicable regulations as they apply to the BitMEX group
Lead and manage all aspects of the internal audit function, including the execution of audit procedures, fieldwork, and reporting
Conduct detailed audits of financial, operational, technological, and regulatory processes, with a specific focus on areas such as: Anti-Money Laundering (AML) and Anti-Terrorist Financing (ATF) controls and procedures; Cybersecurity, Information Technology and data protection measures, including the security of private keys and customer funds; Compliance with DABA and other relevant legislation and regulatory guidelines; Customer onboarding and due diligence (CDD) processes; Trading and market operations to ensure fairness and prevent market abuse
Prepare and present clear, concise, and actionable audit reports to the Audit Committee and Board of Directors, detailing findings, risks, and recommendations
Monitor and report on the implementation of management's action plans to address audit findings
Act as the primary liaison with external auditors and applicable regulators of BitMEX’s operations for all internal audit-related matters
Provide strategic advice and guidance to management on new business initiatives, system implementations, and process changes to ensure that internal controls and risk management are effectively integrated
Proactively identify emerging risks in the digital asset space and propose effective controls to mitigate them
Promote a strong compliance and risk-aware culture throughout the organization

Skills

Internal Audit

Risk Management

Governance

Regulatory Compliance

Audit Planning

Internal Controls

Risk Assessment

BitMEX

Peer-to-peer cryptocurrency trading platform

About BitMEX

BitMEX is a peer-to-peer cryptocurrency trading platform that focuses on Bitcoin and other major cryptocurrencies like Ethereum and XRP. It allows traders to leverage their positions, offering up to 100x leverage on Bitcoin contracts and varying leverage on other cryptocurrencies. Users can trade perpetual contracts, which do not expire, enabling them to hold positions indefinitely as long as they meet margin requirements. BitMEX serves a wide range of clients, from individual retail traders to institutional investors, and generates revenue through trading fees on transactions. The platform is recognized for its strong security measures that protect users' funds and data, and it also offers a Testnet for users to practice trading strategies without financial risk. Additionally, BitMEX provides a robust API for traders to create custom trading tools and access real-time data.

None, SeychellesHeadquarters

2014Year Founded

$65KTotal Funding

GROWTH_EQUITY_VCCompany Stage

Fintech, Crypto & Web3Industries

51-200Employees

Benefits

Remote Work Options

Paid Holidays

Paid Vacation

Company Social Events

Flexible Work Hours

Risks

Regulatory scrutiny from past compliance failures could impact BitMEX's operations and reputation.

Increased competition from emerging exchanges offering better leverage options may erode market share.

Volatility in new token listings like GOAT and STLS poses financial risks for traders and platform.

Differentiation

BitMEX offers up to 100x leverage on Bitcoin contracts, attracting experienced traders.

The platform provides perpetual contracts, allowing indefinite position holding with margin requirements.

BitMEX is renowned for its industry-leading security measures, ensuring user fund protection.

Upsides

Launch of Multi Asset Margining simplifies trading, potentially attracting more users.

Introduction of XBTG25 futures contract enhances market position with diverse investment options.

Support for token migrations like POL positions BitMEX as a forward-thinking exchange.

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