Head of Corporate Compliance

You will provide executive level leadership to help Kraken strategically manage its Compliance Department with oversight over governance, risk management, products, strategic initiatives and business expansion, including with respect to helping to obtain and maintain required regulatory licenses. You will navigate complex global challenges in a highly fluid regulatory environment. You will act as a thought leader across the entire organization to identify opportunities to support and deliver on corporate objectives. You will report into the Chief Compliance Officer. You will support running Compliance as a data driven machine that automates operational processes to advance crypto adoption while enhancing our customers’ experience.

Responsibilities

• Support Compliance Officers, business and product heads globally by providing expert advice, guidance, and resources wherever possible to ensure delivery and execution of strategic priorities
• Product, design and engineering: provide strategic advice and help to build controls to support the firm’s go to market strategies and adjust product features and controls as needed
• Risk management: oversee and manage Compliance Risk Management Program, eg: risk assessments, Independent AML analyses, Risk appetite framework
• Governance: Develop/enhance governance practices across Compliance (eg Executive and Risk Committees, Compliance lead on functional governance). Lead core documentation on compliance efforts, and ensure proper record-keeping associated with each program
• Reporting: maintain ongoing reporting to ensure consistent Board level and management oversight of Compliance risk management programs including key performance and risk indicators
• Vendors: Review vendors and provide oversight in regards to the tools utilized by Corporate Compliance
• Policies and procedures: oversee Compliance’s library and implement systematic review
• Knowledge management: maintain robust framework to enable Krakenites to access key regulatory, organization and governance information
• Exam and audit management: enhance program to ensure consistency in communication with all stakeholders globally, including external third parties, consistent delivery of responsive documentation, and tracking/reporting of identified findings and remediation efforts
• Exchange asset listing framework: provide executive support to list and re-review assets
• Corporate Operating Model: provide strategic direction on developing the firm as well as compliance operating model and provide ongoing maintenance
• Compliance Testing: oversee the compliance testing program design, development and implementation. Provide ongoing reporting on the program and support remediation efforts.
• Mergers & Acquisitions: Provide management and oversight for Compliance due diligence and implementation of new acquisitions.
• Licensing and registration: provide oversight and support to obtain and maintain consistent with regulatory requirements
• Marketing: oversee marketing compliance framework and provide reporting on implementation effectiveness and issues
• Technology: partner with product, data and engineering teams to review our services, products, controls to make sure they are in line with regulatory expectations
• Markets compliance: ensure robust product support is provided from a compliance standpoint to comply with regulatory requirements, including the appropriate reporting obligations
• Training: oversee the firm’s Compliance training program including tracking and reporting

Requirements

• Proactive, strategic, comfortable with navigating ambiguity, bias for action
• Demonstrated success in scaling operational processes leveraging technology
• Fluency in English required, additional languages a plus
• Executive presence and compliance team leadership
• Prior experience as a Chief Compliance Officer, BSA Officer, MLRO, or similar role with direct reporting lines to the Board of Directors preferred
• Significant European regulatory experience is a strong plus including in relation to MiCAR and virtual asset service provider licensing/registrations
• Strategic financial crimes and markets compliance experience is important
• J.D., L.L.M., M.B.A. or other advanced degree is preferred
• Professional industry certifications such as Certified Anti-Money Laundering Specialist (CAMS), a plus
• Significant experience in a previous regulatory or compliance managerial position at a crypto, banking, trading, payments, or fintech institution, hyper-growth fintech a plus
• Experience managing KYC and AML compliance programs in a regulated financial services firm is a plus
• Skilled in collaborating with stakeholders at all levels across technical and non-technical groups
• Executive level presentation abilities, both verbally and using various media
• Ability to lead in a growing company environment with focused and hardworking individuals
• Exceptional attention to detail and strong problem-solving skills
• Excellent written and oral communication skills
• Experience and/or passion for crypto preferred