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Posted October 20, 2022
Kraken

Compliance Monitoring Officer - EMI - UK

Kraken
Remote - United Kingdom Remote Full Time

About Kraken As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing...

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About Kraken

As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto. Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption. But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions. Now is not the time to sit on the sidelines. Join us to bring crypto to the world.

To ensure Kraken is the right fit for you, please ensure you read Kraken Culture Explained to find out more about us!

About the role

As a team member of our FCA registered crypto asset business, you will join a team of crypto compliance experts to enhance our operations in the UK. You will support the Head of Compliance and Risk in ensuring strict adherence with applicable UK regulatory requirements and operational policies and procedures.

You will need to thoughtfully analyse regional policy matters and communicate their impact on the business to a wide range of internal and external stakeholders. The ideal candidate will possess excellent oral and written communication skills, and should be able to clearly clarify how relevant UK Regulations together with the company compliance policies apply, while helping to drive compliant solutions.

This role is remote and can be based anywhere in the UK.

Responsibilities

  • Work closely with the Head of Compliance and Risk and operational leadership team to help develop and implement Kraken’s compliance policies in the UK.
  • Assist and deliver regulatory and controls mapping where applicable.
  • Support the preparation and execution of the Compliance Monitoring Plan.
  • Enhance the Compliance Monitoring Plan where needed and assist with the on-going implementation including escalation of the findings and work on the remedial plans.
  • Support the development of required compliance policies, processes and procedures to fulfil regulatory obligations.
  • Act as an internal subject matter expert and provide support for regulatory compliance issues across a range of internal functions and stakeholder groups.
  • Support the review, analysis, and documentation for regulator responses to ongoing licensing activity and translate to actionable recommendations and next steps for the entity.
  • Manage various inboxes and provide timely responses to all stakeholders.
  • Support the implementation of the Vulnerable Customers framework and Consumer Duty-related projects.

Requirements

  • 5+ years experience in a compliance role at a financial institution or equivalent (EMI preferred).
  • Knowledge of the UK regulatory environment and specifically in EMRs, PSRs and MLRs.
  • Understanding of the Guidance for firms on the fair treatment of Vulnerable Customers and Consumer Duty.
  • Familiar with the process of on-site and thematic inspections conducted by regulatory authorities.
  • Experience in the crypto asset space is preferredFamiliarity with anti-money laundering and know-your-customer best practices.
  • Impeccable communication skills, both verbal and written.
  • Attention to detail and exceptional organisational skills.
  • Ability to take ownership of work product and consistently deliver results.
  • Adaptability to global business needs.
  • Ability to work in a rapidly changing regulatory environment.
We’re powered by people from around the world with their own unique and diverse experiences. We value all Krakenites and their talents, contributions, and perspectives, regardless of their background. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!

As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws.

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This listing expired on Nov 11. Applications are no longer accepted.

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