OKX, a leading cryptocurrency exchange, has published its Global Candidate Privacy Notice, effective November 12, 2024. The notice outlines the company's policies on collecting, processing, transferring, and using personal data from job applicants. The notice applies to all job applicants, including those applying through job boards, educational institutions, and professional references. OKX's parent company, OKC Holdings Corporation, and its affiliates are also bound by this notice.
The notice explains that OKX collects various types of personal data, including profile data, qualifications data, employment data, and system data. Profile data includes names, contact details, driver's licenses, and immigration status. Qualifications data comprises resumes, biographies, social media profiles, photos, and employment history. Employment data includes job titles, office locations, company email addresses, compensation, and benefits. System data includes audio recordings of telephone conversations and emails.
OKX collects personal data from various sources, including direct applications, job board websites, educational institutions, prior employers, and professional references. The company may also collect data from third-party providers of background checks, credit checks, or other pre-employment screening services. Additionally, OKX may gather data from public social media profiles, employment agencies, recruiters, and company communications and IT systems.
The company processes personal data for several purposes, including considering and establishing employment contracts, protecting security and intellectual property, and complying with legal obligations. OKX also uses personal data to protect its legitimate business interests and legal rights, as well as for auditing, investigations, and compliance. The company creates and processes aggregated data, which is statistical or demographic data that cannot be linked to individual applicants.
OKX retains personal data based on legitimate purposes, including as mandated by applicable law. The company transfers personal data to its entities and third-party service providers in various jurisdictions, using lawful transfer mechanisms for transfers outside the EEA, UK, or USA. Personal data may be shared with government authorities, law enforcement officials, courts, or others for specific purposes.
The company has implemented security measures to prevent unauthorized access, alteration, or disclosure of personal data. OKX uses automated tools to assist in processing and sorting job applications, leveraging complex algorithms and machine-learning technology. These tools help determine whether applicants meet minimum requirements and score applicants based on their match with job skills and preferred qualifications.
Applicants have the option to consent to the use of their data for AI-powered application rating and future opportunities. By answering "Yes" to the application's prompt, applicants agree to the usage of their data in this manner. Selecting "No" indicates that they do not agree to this usage of their data. The notice provides transparency into OKX's data processing practices and ensures compliance with relevant regulations.
Key points
- OKX publishes a global candidate privacy notice outlining data collection, processing, and use policies for job applicants.
- The notice applies to all job applicants and outlines the types of personal data collected, sources of data, and purposes of processing.
- OKX uses automated tools to assist in processing and sorting job applications, leveraging complex algorithms and machine-learning technology.
