Quality Assurance & Testing Associate

The Quality Assurance & Testing Associate at Paxos is responsible for executing compliance quality assurance reviews, analyzing data to identify risks, and supporting process improvements across internal controls. You will evaluate control effectiveness, assist in third-party compliance testing, and work collaboratively with cross-functional teams to enhance compliance processes.

To qualify for the Quality Assurance & Testing Associate role at Paxos, candidates should have 2-3 years of experience in compliance testing, quality assurance, or audit, ideally in the fintech or crypto industries. A strong understanding of regulatory compliance frameworks, combined with proficiency in tools such as Google Suite and Compliance Monitoring Systems, is also essential.

Successful Quality Assurance & Testing Associates at Paxos should possess strong analytical skills, attention to detail, and the ability to communicate effectively with team members. Understanding compliance issues through data-driven testing and the ability to document findings accurately are crucial for success in this role.

Paxos prioritizes compliance by performing regular QA reviews and testing that assess its processes against evolving regulations. The Quality Assurance & Testing Associate plays an integral role by ensuring that testing results align with regulatory changes, enabling the team to adapt their compliance efforts accordingly.

Paxos offers a competitive compensation and benefits package for the Quality Assurance & Testing Associate role, including equity and performance-based bonuses. For candidates based in the United States, the expected salary range is between $101,175 and $119,029, which is dependent on skills and experience.

To conduct an effective compliance quality assurance review, I would start by understanding the specific compliance processes in place. I would gather relevant data, perform a thorough analysis to assess control effectiveness, and document any findings meticulously to ensure clarity and transparency.

I have hands-on experience with compliance monitoring systems like ComplyAdvantage and Chainalysis, which I used to assess compliance risks. I am proficient in analyzing the data these systems provide to identify areas for improvement in compliance processes.

Regulatory compliance means adhering to laws, regulations, and guidelines set forth by governing bodies. It ensures that an organization operates within legal frameworks, ultimately establishing trust and reliability, particularly in the fintech and financial services sectors.

I identify compliance risks by analyzing data trends, assessing controls in place, and reviewing past compliance incidents. I also conduct interviews with team members to gain insights into potential gaps in compliance processes.

To ensure accuracy in documentation, I follow a systematic approach that includes drafting detailed reports, double-checking facts and figures against source data, and having a peer review my findings for clarity and completeness before final submission.

In the event of identifying a significant compliance issue, I would immediately notify relevant stakeholders, document the findings clearly, and propose a remediation plan. I believe in transparency and swift action to address potential risks proactively.

I stay updated on regulatory changes by subscribing to industry newsletters, attending webinars, and participating in professional networks focused on compliance. Continuous education is key in a rapidly evolving regulatory landscape.

In a previous role, I analyzed our compliance testing procedures and found inefficiencies. I proposed a streamlined approach that reduced redundancy while improving risk assessment accuracy. The changes resulted in quicker turnaround times and better compliance alignment.

I find tools like Looker and Google Suite highly effective for analyzing compliance data. Their data visualization capabilities allow me to easily identify trends and anomalies, which are essential for risk evaluation.

Third-party compliance testing is crucial as it ensures that external partners meet regulatory standards. It's an effective way to manage risks associated with outsourcing, as it helps organizations maintain compliance across their entire supply chain.