Controller, Operations

Posted 13 Hours Ago
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Sioux Falls, SD
Senior level
Blockchain • Fintech • Financial Services • Cryptocurrency • Web3
The Role
The Operations Controller at BitGo is responsible for overseeing regulatory reporting, ensuring compliance, and contributing to financial controls and operational efficiency. This role involves collaboration with senior management, preparation of reports for regulatory bodies, and enhancement of reporting processes.
Summary Generated by Built In

BitGo is the leading infrastructure provider of digital asset solutions, delivering custody, wallets, staking, trading, financing, and settlement services from regulated cold storage. Since our founding in 2013, we have focused on enabling our clients to securely navigate the digital asset space. With a global presence and multiple Trust companies, BitGo serves thousands of institutions, including many of the industry's top brands, exchanges, and platforms, and millions of retail investors worldwide. As the operational backbone of the digital economy, BitGo handles a significant portion of Bitcoin network transactions and is the largest independent digital asset custodian, and staking provider, in the world. For more information, visit www.bitgo.com.

The Operations Controller will be responsible for overseeing and managing the regulatory reporting for the company. This key role will ensure accurate and timely reporting to ensure compliance with regulatory requirements, and support for strategic business decision-making. The Operations Controller will work closely with senior management to drive compliance reporting maintain robust financial controls and contribute to the overall operational efficiency of the organization. This role will require being full-time onsite at our Sioux Falls office to support collaborative team dynamics and innovative problem-solving.

Key Responsibilities:

  • Lead the preparation and review of monthly, quarterly, and annual reporting to Department of Financial Services (“DFS”), New York, ensuring compliance with the regulatory requirements.
  • Proof of Reserve Audit for New York Trust/Stablecoin project on a regular basis. 
  • Coordinate with auditors and regulatory bodies to ensure timely and accurate reporting.
  • Prepare and submit monthly, quarterly, and annual reports of BitGo South Dakota Trust Company to Division of banking.
  • Lead initiatives to enhance reporting processes, including the implementation of new tools and systems where appropriate.
  • Document policies and processes of BitGo New York Trust Company and BitGo South Dakota Trust Company.
  • Collaborate with senior leadership to align financial strategies with organizational goals.
  • Foster a collaborative team environment to enhance productivity and career growth.
  • Monitor operational performance and ensure risks are identified and managed effectively through KPI reporting.

Qualifications:

    • Minimum 5-7 years of experience in finance or accounting, with at least 3 years in a leadership or controller role within the financial services industry.
    • Bachelor’s degree in Finance, Accounting, Economics, or a related field. A Master’s degree or CPA designation is a plus.
    • Strong knowledge of financial regulations, accounting principles, and financial reporting standards.
    • Experience with financial systems, reporting tools, and ERP software (e.g., NetSuite).
    • Excellent analytical and problem-solving skills.
    • Strong communication skills, with the ability to present complex financial information to non-financial stakeholders.
    • Exceptional attention to detail and organizational skills.
    • Leadership abilities and experience managing teams.
    • Ability to work in a fast-paced, deadline-driven environment.

Preferred Qualifications:

  • Experience in financial services (banking, asset management, insurance, or investment management).
  • Familiarity with automation tools or financial technology solutions.
  • Knowledge of international financial regulations and multi-currency environments.

Why Join BitGo?

Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.

Here are some of the benefits* of working at BitGo:

  • Competitive base salary, bonus and stock options
  • 100% company paid health insurance for employee, partner and dependents
  • Up to 4% 401k company match
  • Paid parental leave, Paid vacation
  • Free custom lunches, dinners and snacks 
  • Computer equipment and workplace furniture to suit your needs
  • Great colleagues and inspiring startup environment

*Benefits may vary based on location 

Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you’ll be able to look back and say you were part of the team that transformed investing.

Top Skills

Accounting
Finance
The Company
HQ: Palo Alto, CA
293 Employees
On-site Workplace
Year Founded: 2013

What We Do

BitGo is the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and security.

In 2020, the company reached new milestones with the launch of BitGo Prime, the first and only deeply integrated, full-stack solution with custody, trading and lending. With the launch of BitGo Portfolio and BitGo Tax, the company also manages activities across wallets, exchanges and service providers.

In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes over 20% of all global Bitcoin transactions, and supports over 250 coins and tokens. BitGo’s customer base includes the world's largest cryptocurrency exchanges and spans more than 50 countries, including qualified custodial entities in Switzerland and Germany.

BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.

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