Wallet Custody Operations Director
Bybit
| Company | Bybit |
| Category | Operations & Admin |
| Location | Hong Kong SAR; Singapore |
| Remote | On-site (inferred) |
| Employment | Not stated |
| Level | Director |
| Salary | Not stated by the employer |
| Posted | 23 Jul 2026 |
| Last verified | 3 Aug 2026 |
| Source | Employer ATS (greenhouse) |
Description
About Us
Established in 2018, Bybit is one of the world’s leading cryptocurrency exchanges and digital financial platforms, serving over 80 million users across more than 200 countries and regions. Powered by world-class technology and a user-first mindset, Bybit delivers a seamless ecosystem across trading, payments, wealth management, custody, institutional services, and Web3 — connecting users to the future of digital finance.
Our core values define how we build. We listen, care and improve to create products and experiences that put users first. Backed by a global team of ambitious builders, problem-solvers, and innovators, we foster a high-performance and fast-moving environment where talent is empowered to drive real impact at the global scale. Supported by 24/7 multilingual customer service and a strong commitment to innovation, we are shaping the future of finance through technology, collaboration, and bold execution.
Today, Bybit is recognized as one of the most trusted and transparent platforms in the digital asset industry, continuing to expand its global presence while building the infrastructure for the next generation of financial services.
Role Overview
The Wallet Operations Director is responsible for the end-to-end operational integrity of the exchange's digital asset custody and wallet infrastructure. This role sits at the intersection of operations, security, compliance, and engineering, ensuring assets are safe, accessible, and correctly accounted for at all times. The role requires deep technical knowledge of blockchain infrastructure combined with operational discipline and regulatory awareness.
Key Responsibilities
Wallet Operations & Rebalancing
Own and execute the daily operational cycle of hot, warm, and cold wallet management across all supported assets and networks
Define and maintain rebalancing thresholds and triggers — ensuring hot wallets hold sufficient liquidity for withdrawals while minimising exposure
Monitor wallet balances in real time; respond to alerts for low-balance, large outflows, or anomalous patterns
Execute and authorise inter-wallet transfers (hot → warm → cold and vice versa), including multi-sig coordination with custodians or internal key holders
Maintain SOPs for routine rebalancing operations and escalation procedures for off-cycle events
Track gas/fee reserves across networks (ETH, BTC, TRON, Solana, etc.) and ensure fee wallets are topped up
Coordinate with the treasury/finance team on asset flow reporting and reconciliation
Wallet Structure Advisory for Regulated Sites
Provide operational inputs during licensing applications or regulatory reviews — documenting how client funds are segregated, custodied, and protected
Design and recommend wallet architectures that meet jurisdictional requirements — including cold storage minimums, custodian approvals, and client asset segregation rules
Work with legal and compliance teams to prepare wallet-related documentation for regulators (e.g., asset safeguarding policies, custody arrangements, asset-liability matching)
Assess custody provider options (Fireblocks, Copper, Ceffu, BitGo, etc.) against regulatory expectations for each jurisdiction
Flag operational risk or structural gaps ahead of audits or regulatory inspections
Ensure wallet structures are scalable and adaptable as the exchange expands into new regulated markets
Proof of Reserves (PoR) Setup & Operations
Lead the design and implementation of PoR programmes for each site/entity — from methodology selection through to public publication
Select and engage third-party auditors or verification partners; manage the relationship and audit cycle
Define the PoR data scope: which assets, which wallets, which liabilities (snapshot definitions)
Coordinate on-chain signing and Merkle tree construction with the engineering team to verify user liability cover