BitGo Inc. - Operation Specialist (Germany)
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 world’s 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.
The Operations Specialist will work on-site for BitGo Europe in Frankfurt. This individual will be responsible for performing high volume, complex, confidential operational activities, in accordance with company policies and procedures. Essential duties and responsibilities include, but are not limited to:
Responsibilities
- Provide operational support for banking transactions, including both regular and unscheduled withdrawals upon client request. Support the withdrawal verification process, vault operations, and post-transaction monitoring under supervision until on-chain settlement is confirmed.
- Overseeing physical vault operations for daily business activities, ensuring secure handling of transactions.
- Support client onboarding by assisting with KYC onboarding and helping to input data into the trust accounting system.
- Open, close, and maintain accounts, ensuring tasks are completed accurately and on time.
- Contribute to data management by assisting with reconciliations and reports, including daily, monthly, and quarterly AuC (Assets under Custody) reports for internal and external audits.
- Collaborate with the finance department to support invoice reconciliation efforts and assist in transaction and wallet reconciliations by identifying discrepancies with supervision.
- Troubleshoot account issues in collaboration with the Trust Operations team, providing timely responses to inquiries and working with other departments such as Sales, KYC/AML, IT Security, and Customer Success to resolve problems.
- Support updating internal policies and help maintain written work instructions in coordination.
- Support New Product Processes (NPPs) by gathering relevant information and coordinating with different departments.
- Maintain hardware and software required for daily operations, ensuring that backup systems are in place and assisting with updates for token support and other functionalities.
- Take on additional tasks as required by the Trust Management Team, with a focus on learning and gaining experience in operational functions.
Requirements
- 1-2 years of operations experience preferred or a Bachelor's Degree/Advanced Degree with an interest in working within financial services or cryptocurrency.
- Highly effective verbal and written communication skills, with the ability to communicate clearly with internal and external stakeholders.
- Accuracy and attention to detail in performing daily tasks.
- Highly organized, comfortable using work tools like email, spreadsheets, and databases to manage and track tasks.
- Extremely high sense of urgency when servicing both internal and external clients, ensuring prompt responses and support.
- Analytical skills with a positive attitude, along with active listening and problem-solving abilities to assist in issue resolution.
- Strong attention to detail and a commitment to constant improvement in daily workflows.
- Ability to prioritize tasks, multi-task, and meet deadlines in a dynamic environment.
- A team player with developing judgment and decision-making skills, ready to collaborate and learn from others.
Why Join BitGo?
Disrupting an industry takes vision, innovation, passion, technical chops, drive to deliver, collaboration, and execution. Join a team of great people who strive for excellence and personify our corporate values of ownership, craftsmanship, and open communication. We are looking for new colleagues who bring innovative ways of thinking and problem solving, and who want risks to be part of the team that changes the world’s financial markets.
Here are some of the benefits* of working at BitGo:
- Competitive base salary, bonus and stock options
- Paid parental leave, Paid vacation
- Free custom lunches, dinners and snacks
- Computer equipment and workplace furniture to suit your needs
- Great colleagues and inspiring environment
- *Benefits may vary based on location
Cryptocurrencies are the most disruptive change the financial services industry has seen in years. Join us and you’ll be able to look back and say you were part of the team that transformed investing.
What We Do
BitGo is the leader in digital asset financial services, providing institutional investors and crypto platforms with liquidity, custody, and security.
In 2020, the company reached new milestones with the launch of BitGo Prime, the first and only deeply integrated, full-stack solution with custody, trading and lending. With the launch of BitGo Portfolio and BitGo Tax, the company also manages activities across wallets, exchanges and service providers.
In 2018, it launched BitGo Trust Company, the first qualified custodian purpose-built for storing digital assets. BitGo processes over 20% of all global Bitcoin transactions, and supports over 250 coins and tokens. BitGo’s customer base includes the world's largest cryptocurrency exchanges and spans more than 50 countries, including qualified custodial entities in Switzerland and Germany.
BitGo is backed by Goldman Sachs, Craft Ventures, Digital Currency Group, DRW, Galaxy Digital Ventures, Redpoint Ventures, and Valor Equity Partners.