Independent Board Director, INED at BitMEX

, , Bermuda -

Full Time

Start Date

Immediate

Expiry Date

03 Mar, 26

Salary

0.0

Posted On

03 Dec, 25

Experience

10 year(s) or above

Remote Job

Yes

Telecommute

Yes

Sponsor Visa

Skills

Corporate Governance, Regulatory Compliance, Risk Management, Strategic Input, Stakeholder Representation, Communication Skills, Analytical Skills, Financial Markets Knowledge

Industry

Financial Services

Description

About BitMEX BitMEX stands as a globally leading exchange for crypto derivatives, offering traders a professional-grade trading platform. Since its inception in 2014, BitMEX has maintained an impeccable security record with “no coin lost, ever!”. Our platform caters to cryptocurrency derivatives traders by providing low latency, deep liquidity, and maximum availability. Currently, BitMEX offers more than 100 derivatives contracts, 16 pairs for spot trading, and an easy covert function between 30+ different cryptocurrencies. In 2015, BitMEX revolutionised the market by inventing the Perpetual Swap, which has since become the most widely traded crypto product. Demonstrating a commitment to transparency, since 2021, BitMEX has been among the first exchanges to regularly publish its on-chain Proof of Reserves and Proof of Liabilities, ensuring that the funds available exceed the total client balances." For more information on BitMEX, company initiatives and our products, please visit the BitMEX Blog or www.bitmex.com, and follow LinkedIn, Discord, Telegram and X. Role Overview The Independent Board Director will provide independent oversight and strategic guidance to BitMEX Limited, a Bermuda-based entity of the BitMEX Group, ensuring robust governance and compliance with all relevant Bermuda regulations, particularly those pertaining to the Digital Asset Business Act (DABA) license. This role is a direct requirement for the DABA license. Key Responsibilities Corporate Governance: Contribute to the effective functioning of the Board of Directors of BitMEX Limited, ensuring high standards of corporate governance are maintained. Regulatory Compliance Oversight: Provide independent oversight of BitMEX Limited's compliance framework, policies, and procedures, with a particular focus on Bermuda's DABA regulations, AML/CTF requirements, and other financial services laws. Strategic Input: Offer independent perspectives on strategic matters, risk management, and operational decisions, challenging management constructively where appropriate. Risk Management: Review and assess the effectiveness of the company's risk management framework, ensuring that key risks, including operational, financial, and regulatory risks, are appropriately identified, monitored, and mitigated. Stakeholder Representation: Act in the best interests of BitMEX Limited and its stakeholders, including customers, employees, and regulatory bodies. Board Committee Participation: Participate in and potentially chair relevant Board committees (e.g., Audit Committee, Risk Committee, Compliance Committee) as determined by the Board. Regulatory Relationship: Understand and contribute to the company's relationship with the Bermuda Monetary Authority (BMA) and other relevant regulatory bodies. Be prepared to act as BitMEX Limited’s Senior Representative pursuant to the DABA. Reporting: Ensure appropriate and timely reporting to the BMA and other regulatory bodies as required by the DABA license and other applicable laws. Independence: Maintain complete independence from the executive management and the BitMEX Group's day-to-day operations to ensure objective oversight. Qualifications Extensive experience (e.g., 15+ years) in senior leadership roles within regulated financial services, preferably with exposure to digital assets or fintech. Proven track record in corporate governance, risk management, and regulatory compliance at a Board level. In-depth knowledge of Bermuda's regulatory landscape, particularly the Digital Asset Business Act (DABA) and anti-money laundering (AML) / counter-terrorist financing (CTF) regulations. Previous experience as an independent director on the board of a regulated entity is highly desirable. Strong understanding of financial markets, technology, and cybersecurity risks. Excellent communication, interpersonal, and analytical skills. Ability to challenge constructively and provide independent judgment. Must be based in Bermuda and legally eligible to work in Bermuda. Why BitMEX? BitMEX offers a dynamic environment that blends intense work, a vibrant culture, and diversity. We actively recruit across time zones to meet growing demands and attract top global talent. We're seeking determined, responsible, and collaborative individuals to join us in building a leading cryptocurrency ecosystem. We value meticulousness, agility, and simplicity. As a 24/7 global exchange, we look for adaptable team players who can excel in a diverse, cross-market environment. In addition, we offer an industry leading benefits package to our permanent employees. Here’s a peek into what we offer: Work from home to help you find the perfect balance between work, family and personal life 25 days of annual leave, on top of public holidays, as well as maternity, paternity and childcare leave… etc to accommodate your growing responsibilities A top tier & comprehensive medical, dental and vision policy for you and your dependents Professional development allowance to support your career advancement Access to our annual wellness benefits to cultivate your physical and mental growth Don’t forget the advantage of our Beyond Border Remote Working policy, where you get to work away from your home country Team building & offsite events to bring our global team closer Life insurance coverage to provide a safety net for your family’s future Does this sound like the type of working culture you can thrive in? Apply online now!

Responsibilities

The Independent Board Director will provide oversight and strategic guidance to ensure compliance with Bermuda regulations. Responsibilities include maintaining corporate governance, overseeing regulatory compliance, and participating in board committees.