Head of Internal Audit

BitGo is a pioneering leader in digital asset financial services, catering primarily to institutional investors by offering liquidity, custody, and security solutions in the digital asset space. Established in 2013, BitGo is known for its innovation with the multi-signature wallet and its exclusive focus on serving institutional clients. The company actively engages in centralized and decentralized finance, providing top-tier services such as trading, lending, and borrowing through its prime brokerage offerings. It serves as the custodian for the prominent WBTC stablecoin, linked to Bitcoin. BitGo is also the founder of BitGo Trust Company, the industry's first custodian designed specifically for safeguarding digital assets. With the launch of BitGo Portfolio and Tax in 2020, clients now have access to a comprehensive solution for managing digital assets. BitGo plays a critical role in processing around 20% of global Bitcoin transactions and supports a wide spectrum of over 600 coins and tokens. By providing essential security and operational support, BitGo serves more than 1500 institutional clients across 50 countries, including regulated entities and leading cryptocurrency exchanges and platforms. Notable investors supporting BitGo include Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.

As the Head of Internal Audit, your responsibilities at BitGo will entail leading and molding the internal audit function company-wide. This pivotal role involves overseeing the entire audit process, shaping improvements to audit methodologies, and ensuring comprehensive risk management and compliance across all facets of the business. You will collaborate closely with senior management and stakeholders to align audit strategies with organizational goals and regulatory standards, nurturing a culture of excellence and continuous advancement.

Key Responsibilities:

• Leadership and Strategy: Develop and execute the internal audit strategy to align with organizational aims and regulatory mandates, driving innovation and efficiency within the audit team.

• Audit Management: Direct the entire audit cycle, encompassing scoping, planning, implementation, and reporting. Ensure robust testing of controls and detailed documentation to support audit conclusions and recommendations.

• Risk Management: Proactively identify and manage risks in IT, finance, Trust, and legal domains. Develop and implement risk mitigation strategies as outlined in the company's Audit plan.

• Stakeholder Collaboration: Forge strong partnerships with executive management, governing bodies, and boards to define audit goals, scope, and outcomes. Present audit findings and solutions effectively to senior leadership.

• Regulatory Compliance: Stay updated on federal and state regulations impacting the industry and uphold the company's compliance with evolving laws and best practices through proactive strategies.

• External Relations: Develop positive relationships with external auditors and regulatory entities, ensuring alignment of BitGo's internal audit practices with industry standards and external expectations.

• Team Development: Construct and mentor a diligent internal audit team. Establish and maintain a rigorous ongoing testing program and foster a culture of continuous learning and growth.

Qualifications:

• Experience: Extensive background in internal audit with demonstrated leadership and strategic oversight. Prior experience in digital assets or financial services is advantageous.

• Certifications: Possession of relevant certifications like CIA (Certified Internal Auditor), CPA (Certified Public Accountant), or equivalent qualifications.

• Knowledge: Deep understanding of auditing standards, procedures, and regulatory requirements. Proficient in IT, finance, Trust, and legal risk considerations.

• Skills: Exceptional communication and leadership abilities. Proven competence in managing multiple projects and priorities in a fast-paced setting. Strong analytical skills and strategic acumen.

• Adaptability: Demonstrated capacity to excel in a dynamic and rapidly evolving industry environment.

If this opportunity piques your interest, kindly apply with your resume and cover letter. BitGo is an equal opportunity employer, inviting all qualified candidates to apply.

Why Join BitGo?

Redefining an industry mandates vision, innovation, passion, technical prowess, dedication to deliver, collaboration, and effective execution. Join an exceptional team at BitGo striving for excellence while embodying the corporate values of ownership, craftsmanship, and open communication. We seek new team members who bring fresh perspectives and problem-solving skills, willing to take risks to transform the global financial markets.

At BitGo you can enjoy various benefits such as competitive base salary, bonus, and stock options, 100% company-paid health insurance for the employee, partner, and dependents, up to 4% 401k company match, paid parental leave, vacation leave, free commuter/parking pass, custom meals, snacks, exceptional colleagues, inspiring startup environment, and more. The benefits may vary depending on the location.

Crypto assets represent one of the most groundbreaking transformations in the financial services sector. Join BitGo and be able to look back proudly, knowing you were part of the team revolutionizing investing.