Operational Risk, Senior Associate
Paxos is a regulated blockchain infrastructure platform offering settlement, liquidity, and tokenization services.
Funding history
Projects
About Paxos
Paxos is a financial technology company that provides blockchain-based infrastructure solutions for the financial industry. It offers a platform for secure, fast, and cost-effective settlement of financial transactions and assets, enabling financial institutions to streamline operations and unlock new revenue opportunities. Paxos aims to modernize financial market infrastructure and make financial services more accessible.
Skills
Candidate Availability
Required and preferred rules are kept separate and reflect the wording in the original posting.
About the Role
You will own core parts of the risk and control framework: running Risk and Control Self-Assessments, keeping the risk register current and helping teams close control gaps. You will prepare evidence for audits and regulatory exams, assess risk in new products, vendors and blockchains before launch, and bring risk themes to senior leadership.
Requirements
- 5-7 years in operational risk at a financial services institution, regulated company, consultancy or regulator
- Hands-on experience running Risk and Control Self-Assessments and maintaining a risk register
- Working knowledge of OCC expectations, Basel operational risk principles, SOC 2 and third-party risk guidance
- Experience preparing audit and regulatory exam evidence
- Clear, concise writing and ability to align business and engineering owners on ratings and remediation
- Comfort using AI tools for research, drafting and analysis
Responsibilities
- Run Risk and Control Self-Assessments with business and engineering owners and rate risks using severity and likelihood methodology
- Maintain the enterprise process, risk and control inventories
- Oversee implementation of an issues management program and track control gaps to closure
- Assess operational risk in new products, vendors, blockchains and regulatory changes before production
- Prepare evidence for internal audits, external audits and regulatory exams and respond to examiner requests
- Design and run independent monitoring and testing of key controls
- Report risk themes and key risk indicators to senior leadership and risk committees
Benefits
- Equity
- Bonus
- 10% annual bonus