Head of Client Asset Oversight

Building the Future of Crypto 

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken Pro, Kraken NFT, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Proof of work

The team

We are seeking an experienced regulatory manager to be the Head of Client Asset Oversight (HCAO) for the Group’s Markets in Crypto Assets Regulation (MiCAR) applicant entity. The candidate will be responsible for the protection of client assets under the Central Bank of Ireland’s (CBI) Client Asset Regulations.

Regulatory status: PCF

We are recruiting for a highly skilled and experienced individual to join our team as the Head of Client Asset Oversight (PCF) for our MiCAR applicant entity. The successful candidate will play a pivotal role in ensuring the effective oversight and management of client assets within the firm. This role requires a deep understanding of regulatory requirements, risk management, and client asset protection.

The opportunity

• Design, monitor, control and report the safeguarding of client assets in accordance with the Client Asset Regulations and CBI requirements, developing and implementing a client asset oversight framework;

• Develop, coordinate and maintain the client asset management plan (CAMP);

• Identify, assess and manage risks associated with the custody and management of client assets, including market risk, operational risk and legal/regulatory risk;

• Responsible for being the subject matter expert on client asset regulations to advise management on new business or products;

• Contribute to the implementation of measures to safeguard client assets, including input into the development of policies and procedures for segregation and reconciliation;

• Review and approval of the daily client asset calculation and reconciliations;

• Maintain a strong understanding of existing regulations, of upcoming developments and best practice covering client asset regulation;

• Prepare all required CBI client asset related returns;

• Member of the client asset internal management committee;

• Researching the client asset impact of new products, services and markets;

• Creating functional business requirements for enhancements to existing financial, regulatory and operational systems;

• Planning, coordinating and managing audits and the annual client asset examination;

• Collaborate with internal stakeholders, including senior management, legal, compliance, and risk teams, to ensure alignment with business objectives and regulatory requirements;

• Oversee relationships with third-party service providers, including custodians, administrators, and technology vendors, to ensure the integrity and security of client assets;

• Provide guidance and training to internal teams on client asset oversight best practices and regulatory requirements.

Skills you should HODL

• Significant relevant experience in financial services, with a focus on client asset oversight, custody, or fund administration;

• Knowledge of MiCAR regulations and relevant client asset regulatory requirements;

• Strong understanding of crypto assets and blockchain technology preferred;

• Excellent analytical, problem-solving, and communication skills;

• Proven track record of effectively managing cross-functional projects and stakeholders;

• Strong leadership and management skills, with the ability to motivate and inspire cross functional teams;

• Highly organised, with excellent attention to detail and the ability to manage multiple priorities in a fast-paced environment;

• Proactive and adaptable, with a willingness to take ownership of challenges and drive solutions;

• Ethical and accountable, with a commitment to upholding the highest standards of integrity and professionalism;

• Excellent stakeholder engagement skills with an ability to be flexible & adaptable, always ready to pivot and solve the next problem;

• Understanding & execution of requirements / expectations;

• Assertiveness, tenacious and control focused.

Nice to have

• Previous or existing holder of a PCF role at a CBI regulated firm

#LI-Remote  #LI-FC1

This job is accepting ongoing applications and there is no application deadline.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. 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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