About the company
BitGo is the leader in digital asset financial services, providing institutional investors with liquidity, custody, and security solutions. Founded in 2013, BitGo pioneered the multi-signature wallet and is the first digital asset company to focus exclusively on serving institutional clients. Active in both centralized and decentralized finance, BitGo offers market leading trading, lending, and borrowing services through its prime brokerage services and acts as the custodian for WBTC, the leading global stablecoin for Bitcoin. In 2020, BitGo launched BitGo Portfolio and Tax, providing clients with a full-stack solution for digital assets. In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes approximately 20% of all global Bitcoin transactions, and supports over 600 coins and tokens. BitGo provides the security and operational backbone for more than 1500 institutional clients in 50 countries, including many regulated entities and the worldās top cryptocurrency exchanges and platforms. BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.
Job Summary
Responsibilities:
šProviding risk oversight for business activities and risk. šEnsuring that the risk framework and procedures are defined, implemented and followed, and that issues are quickly identified and resolved or escalated. šSignificant involvement with strategic and development work as it relates to enhancing stress testing, risk analytics and intra-day risk management tools. šRisk assessment and approval as required for new or material changes to margin financing and collateral arrangements. šRunning stress testing and VaR analysis of client portfolios and providing oversight of limit utilizations where relevant. šIdentifying, evaluating, and analyzing risk across the business platform, including counterparty, country, asset, exchange, currency, concentration, and other risk components. šDeveloping strong relationships with key stakeholders across business functions. šUnderstanding changes to market structure, regulation and best practices.
Skills & Experience:
šBitGo is looking for people who are passionate about their craft, take full ownership for their work and projects, and believe in transparent and collaborative culture with the goal of making BitGo successful. šAble to apply risk and control disciplines in an eļ¬ective manner. šMust be comfortable in a fast-moving, dynamic start-up environment. šCollaborate comfortably with remotely located colleagues and counterparties. šTechnical understanding of the quantitative and qualitative risks impacting lending and financing is highly desirable. šCrypto asset product knowledge including risk modeling is highly desirable. šStrong analytical skills and attention to detail. šIntellectually curious and able to execute sound judgment to appropriately characterize and represent risk issues. šStructured yet flexible approach, balanced and fair, able to make diļ¬cult decisions where necessary.