Coinbase · 5 hours ago
Internal Audit Model Risk Manager
United States
Full-time
Remote
Senior Level, Lead/Staff
$166K/yr - $196K/yr
8+ years expCoinbase is on a mission to increase economic freedom in the world, and they are seeking an Internal Audit Model Risk Manager to lead the development of next-generation model audit practices. This role involves executing model validations and audits, ensuring compliance with regulatory requirements, and developing technical audit reports for an executive audience.
BitcoinBlockchainCryptocurrencyFinTechTrading Platform
Responsibilities
Lead the development of next-generation model audit practices to maintain a best-in-class global internal audit function, specifically focusing on the integrity of algorithms driving the business
Responsible for supporting the internal audit plan through the execution of technical model validations and model risk audits from beginning to end. Key activities include independent replication, code review, conceptual soundness assessment, back-testing analysis, and validation of remediated model findings
Lead the validation of critical Financial Crime Compliance models, including Transaction Monitoring, Sanctions Screening, Customer Risk Rating, and Fraud detection models. You will ensure these models operate effectively and align with global regulatory requirements
Review and evaluate the adequacy of management's response to audit findings, including the validation of complex remediation activities involving data lineage and algorithm tuning
Develop technical audit reports on the effectiveness of model performance and governance for an executive-level audience, translating complex quantitative concepts into clear, actionable business insights
Assist in the preparation of internal audit materials regarding the Model Risk portfolio for the Audit Committee and Board of Directors
Establish and maintain trusted relationships with Data Science, Engineering, Product, and Compliance teams to foster a culture of robust model governance
Work closely with first and second lines of defense to maximize testing efficiencies and ensure comprehensive coverage of the model inventory, minimizing duplication of efforts while maintaining 3rd Line independence
Serve as a value-add advisor to business partners by identifying opportunities to enhance model precision, reduce false positives, and improve operational performance without compromising objectivity
Qualification
Required
A BA/BS degree in Statistics, Mathematics, Economics, Data Science, Engineering, or related quantitative fields
8+ years of experience, with at least 5 years of experience in Model Risk Management, Model Validation, or Quantitative Audit within the financial services or fintech industry
Specific experience with Financial Crime models: Deep understanding of the logic, data inputs, and tuning methodologies for AML Transaction Monitoring (rules-based and machine learning), Sanctions Screening (fuzzy logic, NLP), and Fraud models
Technical Proficiency: Ability to read and review code. Proficiency in statistical programming languages such as Python, R, SQL, or SAS is essential
Excellent understanding of the model development lifecycle (MDLC) and internal control environments surrounding data governance and model implementation
Proven project management skills with the ability to juggle multiple complex technical validations and deadlines
Solid analytical and problem-solving skills, with high standards for quality, accuracy, and attention to detail
Excellent written and verbal communication skills; ability to explain models to non-technical stakeholders
Experience leading and managing technical or co-sourced teams
Experience auditing machine learning/AI models and/or familiarity with AI governance frameworks
Preferred
Advanced Degree (Masters or PhD) in a quantitative discipline
Experience working in a fast-paced organization or high-growth tech company
Entrepreneurial attitude and experience with, or the ability to adapt to, a rapidly growing start-up with associated complexities and ambiguities
Understanding of crypto, blockchain analytics (e.g., Chainalysis, TRM Labs), and the specific challenges of modeling risk on the blockchain
Professional certifications such as FRM (Financial Risk Manager), PRM, or CAMS-FCI (Financial Crimes Investigations)
Experience auditing machine learning/AI models and/or familiarity with AI governance frameworks
Benefits
Medical
Dental
Vision
401(k)
Company
Coinbase
Coinbase is a crypto exchange and wallet platform that allows merchants and consumers to buy, sell, and store digital currencies.
1001-5000 employees
H1B Sponsorship
Coinbase has a track record of offering H1B sponsorships. Please note that this does not
guarantee sponsorship for this specific role. Below presents additional info for your
reference. (Data Powered by US Department of Labor)
Distribution of Different Job Fields Receiving Sponsorship
Represents job field similar to this job
Trends of Total Sponsorships
2025 (181)
2024 (92)
2023 (96)
2022 (284)
2021 (183)
2020 (66)
Funding
Current Stage
Public CompanyTotal Funding
$4.45BKey Investors
ARK Investment ManagementTiger Global ManagementIVP
2025-08-05Post Ipo Debt· $2.6B
2025-03-04Post Ipo Equity· $8M
2024-03-13Post Ipo Debt· $1.1B
Leadership Team
Brian Armstrong
CEO & Co-Founder
Alesia Haas
CFO
Recent News
Fintech News Malaysia
2026-01-16
CoinDesk: Bitcoin, Ethereum, Crypto News and Price Data
2026-01-16
2026-01-16
Company data provided by crunchbase