Internal Audit Lead, Bahamas
at okx
okx
Posted on Dec 17, 2024
bahamas

Who We Are

At OKX, we believe that the future will be reshaped by crypto, and ultimately contribute to every individual's freedom.

OKX is a leading crypto exchange, and the developer of OKX Wallet, giving millions access to crypto trading and decentralized crypto applications (dApps). OKX is also a trusted brand by hundreds of large institutions seeking access to crypto markets. We are safe and reliable, backed by our Proof of Reserves.

Across our multiple offices globally, we are united by our core principles: We Before Me, Do the Right Thing, and Get Things Done. These shared values drive our culture, shape our processes, and foster a friendly, rewarding, and diverse environment for every OK-er.

OKX is part of OKG, a group that brings the value of Blockchain to users around the world, through our leading products OKX, OKX Wallet, OKLink and more.
 

About the Opportunity

Overview:
We are seeking a highly skilled and experienced internal audit leader to join our Internal Audit team as the Internal Audit Lead, Bahamas (Internal Audit Senior Manager). In this critical role, you will provide expert guidance and leadership in planning and coordinating audit activities for the Bahamas entity and potentially elsewhere in the broader Americas region, including periodic risk monitoring and assessment, preparing and maintaining internal audit plans, engagement planning/execution/reporting, and issue follow-up and validation. Reporting to the Americas Head of Internal Audit, you will be pivotal in ensuring a sound third-line of defence for OKX Bahamas. The ideal candidate will have a strong background in internal auditing within the digital assets or fintech industries and possess a comprehensive understanding of blockchain technology and its associated risks. This role will be based in the Bahamas.
 
 
Responsibilities:
  • Assist in developing and executing a comprehensive audit strategy aligned with the organisation’s strategic objectives and regulatory requirements including the DARE Act of 2024.
  • Assist in the development and execution of risk-based internal audit plans.
  • Oversee individual engagements in terms of resource budget, resource allocation, performance monitoring and stakeholder communication.
  • Prepare or review detailed audit reports that clearly communicate findings, recommendations, and action plans intended for senior management and the Board of Directors.
  • Monitor and follow-up with management on the remediation of audit and exam issues and the implementation of audit recommendations.
  • Stay up-to-date with industry trends, regulatory changes, and emerging risks in the cryptocurrency and blockchain space to ensure audit processes remain relevant and effective.
  • Assist in responding to both regulatory and external auditor requests and inquiries, ensuring a smooth and efficient examination and external audit process.
  • Foster strong working relationships with key stakeholders and provide expert guidance and education on audit matters to various business units and departments.
  • Participate in ad-hoc projects and initiatives as assigned.
 
Qualifications:
  • Bachelor's degree in Business, Accounting, Computer Science or a related field; a master's degree or professional certification (e.g., CPA, CIA, CISA, or CISSP) will be preferred.
  • Solid internal audit experience in a supervisory or managerial role, preferably within the cryptocurrency, technology, fintech, or financial services sectors.
  • Familiarity with relevant regulatory requirements for financial institutions and cryptocurrency exchanges in the Bahamas. Prior experience dealing with the SCB preferred.
  • Broad audit exposure across various areas including AML and compliance, finance, trading, technology, operations, etc.
  • Working knowledge of cryptocurrency exchange operations, blockchain technology and wallet infrastructure.
  • Proven experience in leading audit engagements, managing audit teams, and delivering high-quality audit work, including audit reports and recommendations.
  • In-depth knowledge of internal audit methodology, internal audit standards, risk assessment and internal control frameworks.
  • Excellent analytical skills with the ability to identify issues, root causes, and propose practical solutions.
  • Effective communication and interpersonal skills to interact with stakeholders at all levels of the organisation and facilitate issue remediation.
  • Detail-oriented, risk and control mindset with the ability to manage multiple projects and priorities simultaneously.
  • Ability to work in a global context and coordinate with international teams.
  • High level of integrity, professionalism, and ethical behaviour.
 
OKX Statement
 
OKX is committed to equal employment opportunities. Our diversity initiatives and strategies are designed to attract, develop, and advance the most talented individuals regardless of their race, sexual orientation, religion, age, gender, disability status, or any other dimension of diversity. Our distinctive approach to diversity is based on a belief that we each have a personal accountability for success in this area. We believe that our workforce should reflect the vast diversity of the communities we serve, and that diverse voices should be elevated and intentionally integrated into our work. We embrace difference and diversity of identity, experience, and thought, and actively strive for inclusive behaviors across our company and our work. By promoting these values, we aim to create a positive work experience that encourages a sense of belonging.