Role in brief
Kraken seeks a Principal Associate Compliance to manage compliance with financial regulations, particularly for their Broker Dealer operations. Candidates with a strong background in fintech compliance and regulatory affairs should consider applying.
About the role
In this role, you will be responsible for ensuring adherence to FINRA, SEC, and state regulations while supporting the compliance and risk assessment programs for Kraken's Broker Dealer. Your tasks will include monitoring compliance, overseeing written supervisory procedures, and addressing regulatory matters.
You will work within a team that values strategic thinking and problem-solving, contributing to the enhancement of compliance programs in response to evolving regulations. Success in this position requires the ability to manage multiple projects and collaborate effectively with various departments.
Skills that matter here
- Compliance: You will execute compliance assessments and ensure adherence to relevant laws and regulations.
- Risk Management: The role involves overseeing risk management efforts related to compliance.
- Regulatory Affairs: You will assess external regulatory changes and their impact on the firm's operations.
- Fintech: Experience in the fintech sector is crucial for understanding industry-specific compliance challenges.
- Broker Dealer: You will implement and manage compliance programs specifically for Broker Dealer operations.
Who this role suits
- A professional with at least 5 years of experience in fintech compliance, particularly within a Broker Dealer context.
- Someone who can think strategically and solve complex problems while adapting to changing regulations.
- An independent worker capable of managing multiple projects and collaborating across departments.
From the employer
- Assist in the execution of the Broker Dealer compliance and risk assessment programs.
- Compliance, testing, monitoring, surveillance and adherence to all other relevant and applicable laws and regulations.
- Overseeing, addressing and remediating daily flags in KYC, CIP, Suitability, PEP, Sanctions while assisting in identifying policy and procedural enhancements and maintaining awareness of company goals, regulatory developments and industry trends while testing the effectiveness of controls.
- Oversee and update the written supervisory procedures, surveillance program, testing programs, and the employee education programs including reviewing and addressing concerns from compliance testing results.
- Monitor and challenge the reporting, escalation, and timely remediation of issues, deficiencies, or regulatory matters regarding compliance risk management.
- Complaint handling and monthly, quarterly and other ongoing reporting/ handling.
- Prepare and coordinate with department leadership in creating the Annual CEO Certification report as specified in FINRA Rule 3130 as well other annual requirements.
- Assists with assessment of external regulatory activity and changes in laws and regulations impacting Marketing.
- Oversee the review of all marketing and sales material and communications (including social content).
- Administer and manage the compliance reviews of the electronic communications surveillance process to ensure the vendor platform is being used in an effective and efficient way as needed.
- Further ensuring all required written communications are being retained, from all sources used by the firm.
- Support HR and other business departments by onboarding new hires and ensuring that questionnaires and attestations are obtained in a reasonable time frame. Performing required functions such as U-4, fingerprinting, disclosures, OBAs, PAD, onboarding training, etc.
- Support compliance program enhancements in response to evolving regulatory requirements and business changes.
- Participating in firm responses to regulatory examinations, audits and inquiries.
- Series 7 and 24 qualifications and the ability to obtain others quickly.
- Minimum of 5 years proven experience in a retail fintech Broker Dealer compliance department and working with regulators.
- Comprehensive understanding of applicable laws, regulations and requirements, including industry practices.
- Previous experience implementing a Broker Dealer compliance program.
- Ability to think intuitively and strategically.
- Problem solver and quick thinker.
- Ability to negotiate and collaborate with others, adapt to change, make difficult decisions, and accept challenging assignments.
- Ability to work independently and manage multiple complex projects simultaneously.
Questions about this role
What is the remote policy?
The position is remote.
What level of seniority is this role?
This is a middle-level position.
How do I apply?
Candidates can apply through Kraken's website.
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