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Senior Associate, Operational Risk

Job not on LinkedIn

🔥 1 minute ago

🇺🇸 United States – Remote

💵 $123k - $141.4k / year

⏰ Full Time

🟠 Senior

🎲 Risk

Where this job comes from

Posted on Paxos's careers page, not through a job board

First seen by Remote Rocketship 1 minute ago

Logo of Paxos

Paxos

201 - 500 employees

Founded 2012

💼 Consulting

⚖️ Legal

📦 Logistics

💰 Corporate Round - Paxos on 2022-01

Consulting • Legal • Logistics

Paxos is a regulated blockchain infrastructure and trust company that builds enterprise-grade digital asset solutions, including issued stablecoins, custody, and crypto brokerage services. The company provides stablecoin issuance and redemption (e. g. , USDP, PYUSD, USDG, PAXG), payments and payout rails, and custody/trading infrastructure for institutions, emphasizing regulatory oversight, transparency, and compliance across jurisdictions. Paxos partners with major enterprises to enable payments and tokenization while operating under trust charters and payments licenses.

📋 Description

• Run Risk and Control Self-Assessments with first-line business and engineering owners • Rate risks consistently using Paxos’s severity and likelihood methodology • Maintain the enterprise process, risk, and control inventory and the firm’s process, risk, and control inventories • Oversee implementation of an issues management program • Identify control gaps, document owners and remediation dates, and track issues 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 • 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

🎯 Requirements

• 5–7 years in operational risk at a financial services institution, financially regulated company, consultancy, or regulator that built or enforced operational risk requirements • Hands-on experience running Risk and Control Self-Assessments • Experience maintaining a risk register and rating risks using a defined severity and likelihood methodology • Working knowledge of OCC expectations, Basel operational risk principles, SOC 2, and third-party risk guidance • Experience preparing audit and regulatory exam evidence and answering examiner questions directly • Clear, concise writing • Track record of getting business and engineering owners to agree on ratings and remediation plans • Comfort using AI tools for research, drafting, and analysis • Experience building independent monitoring and testing programs, process/risk/control inventories, or working in blockchain or crypto is a bonus

🏖️ Benefits

• Equity • Bonus opportunity based on individual and company performance • 10% annual salary bonus • Competitive total compensation and benefits package • Remote-first work arrangement • Globally distributed workforce

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