Third Party Risk Management, Analyst

Posted 3 Days Ago
Sioux Falls, SD
Junior
Blockchain • Fintech • Financial Services • Cryptocurrency • Web3
The Role
The role involves contributing to the optimization of BitGo's Third-Party Risk Management Program, serving as a contact point for vendors, enhancing due diligence processes, working with various departments to ensure compliance, and maintaining sourcing processes and documentation. Candidates will need strong problem-solving skills and a commitment to quality.
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.

BitGo is looking to hire an Analyst / Sr. Analyst to focus on Third-Party Risk Management/Procurement reporting to the Global TPRM Manager. This is a great opportunity to occupy a highly collaborative/cross-functional role where you'll be able to apply your expertise within the aforementioned categories of enterprise risk management. This role will require being full-time onsite at our Sioux Falls office to support collaborative team dynamics and innovative problem-solvingThis role will require being full-time onsite at our office to support collaborative team dynamics and innovative problem-solving

Responsibilities:

  • Contribute to the functioning and optimization of BitGo's full cycle Third-Party Risk Management/Procurement Program 
  • Serve as the lead point of contact for third party vendors/suppliers for BitGo while monitoring their performance
  • Enhance and distribute due diligence forms for our suppliers/vendors to complete as part of their onboarding process
  • Work cross-functionally with all corresponding departments (Compliance, Legal Ops.,Info. Security, Finance, etc.) to ensure their corresponding vendors are up to par/compliant with applicable laws and regulations
  • Support the Strategic Sourcing/Procurement Lead for any new vendor/supplier needs
  • Maintain a regimented/consistent sourcing process that can serve as an internal guide for all newly selected vendors/suppliers moving forward
  • Maintain a proper documentation system for Third Party Risk Mgmt./Procurement 
  • Develop a strong understanding of all service offerings at BitGo (custody, prime brokerage, portfolio/tax solutions)
  • Exemplify a willingness to take on additional responsibilities as needed

Skills & Experience

BitGo is looking for people who are passionate about their craft, take full ownership for their work and projects, and believe in a transparent and collaborative culture with the goal of making BitGo successful.

  • 2+ years of relevant Third Party Risk Mgmt./Procurement experience 
  • Knowledge of risk management and control frameworks (e.g. COSO, ISO 31000, AICPA SOC)
  • Knowledge of information security and privacy standards and regulations (e.g., ISO 27001/27701, NIST, FFIEC, CCPA, EU GDPR)
  • Experience with GRC systems and automation tools for managing business datasets
  • High attention to detail, accuracy, and thoroughness. 
  • Strong problem-solving, investigative, and analytical skills, with aptitude for discriminating between useful and less useful details
  • Ability to work independently and manage through ambiguous situations, with minimal supervision
  • High level of commitment to quality work product and organizational ethics, integrity, and compliance
  • Ability to interface with top management.
  • Strong interpersonal skills and the ability to effectively communicate, both written and verbally
  • A college degree in business, public policy, or a technical field. (BA/BS)
  • You are knowledgeable and enthusiastic about blockchain technology and cryptocurrencies

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
  • 4% 401k company match (no wait period)
  • Paid parental leave, paid vacation
  • Free commute and parking pass; 5 min from Caltrain
  • Free custom lunches, dinners and snacks 
  • Computer equipment and workplace furniture to suit your needs
  • Great colleagues and inspiring startup environment
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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