
Internal Audit Model Risk Manager
CoinbaseJob Description
Ready to be pushed beyond what you think you’re capable of?
At Coinbase, our mission is to increase economic freedom in the world. It’s a massive, ambitious opportunity that demands the best of us, every day, as we build the emerging onchain platform — and with it, the future global financial system.
To achieve our mission, we’re seeking a very specific candidate. We want someone who is passionate about our mission and who believes in the power of crypto and blockchain technology to update the financial system. We want someone who is eager to leave their mark on the world, who relishes the pressure and privilege of working with high caliber colleagues, and who actively seeks feedback to keep leveling up. We want someone who will run towards, not away from, solving the company’s hardest problems.
Our work culture is intense and isn’t for everyone. But if you want to build the future alongside others who excel in their disciplines and expect the same from you, there’s no better place to be.
While many roles at Coinbase are remote-first, we are not remote-only. In-person participation is required throughout the year. Team and company-wide offsites are held multiple times annually to foster collaboration, connection, and alignment. Attendance is expected and fully supported.
The Coinbase Internal Audit is an independent, third line function that reports directly to the Coinbase Audit Committee. The purpose and mission of Internal Audit is to objectively evaluate and audit the effectiveness of governance, compliance, risk management, and control process. The in-house Coinbase Internal Audit team is responsible for strategic analysis, risk assessments, development of the audit plan, project management, quality review, report issuance and issue validation across IT and business functions. By executing all aspects of audits, including planning, walkthroughs, testing, deficiency remediation, and report writing in accordance with the Irish regulatory requirements, you'll play a key role in strengthening our position as the industry leader by evaluating the effectiveness of management’s ability to control potential events or threats and ultimately add value to all our stakeholders.
What you’ll be doing:
- As a part of a global internal audit team, 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.
What we look for in you:
- 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 Quantitativ
More Jobs at Coinbase
View all →Senior Staff Software Engineer, Backend (Consumer)
Coinbase
Senior Backend Engineer — Scalable Systems & Mentorship
Coinbase
Senior Backend Platform Engineer — Ledger & FinTech (Go)
Coinbase
Lead Machine Learning Engineer for Platform Development
Coinbase
Senior Staff Software Engineer, Backend (Consumer - Financial Services and Loyalty)
Coinbase
Want AI-powered job matching?
Upload your resume and get every job scored, your resume tailored, and hiring manager emails found - automatically.
Get Started Free