Compliance Associate (US Region)

Remote from: USA
Job function: Finance & Legal
Job type: Full Time,
Job posted: 18 Sep 2023
Apply before: 17 Oct 2023
Industry: Financial Services

About company

About Kraken

We put the power in your hands to buy, sell, and trade digital currency 🌏

Financial Services
2011

Actively Hiring

4.7 Rated

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.

As a fully remote company, we have Krakenites in 60+ 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 Cryptowatch.

Become a Krakenite and build the internet of money!

The team:

Kraken Regional Compliance is rapidly growing our team of talented and motivated individuals. The US Operations team are looking for a capable Compliance Associate to join the team of financial/technology professionals to work with our teams worldwide, and be part of the expert global compliance group.

The ideal candidate will be committed to the values of teamwork, integrity, and innovation; they will be self-motivated with a strong background in international compliance standards. The candidate should be able to thrive in a fast-paced production environment and be able to communicate effectively between multiple teams in the organization.

The opportunity:

Represent the company as a professional AML/CTF compliance expert with all parties, internal and external
Act as a subject matter expert (SME), first point of contact and provide support for internal line of business teams on Compliance related issues, such as KYC,
Research on regulatory matters (state and federal regulatory change management)
Drafting of policies, procedures, supporting documentation
Assistance in management of various inboxes and provide timely responses to all stakeholders
Preparation, drafting and collation of required reports and documentation for regulatory examinations & audits.
Identify and develop workflow efficiencies, project management enhancements, and productivity tracking
Communicate effectively to coordinate cross-functional projects
Perform reviews of due diligence/enhanced due diligence/investigation cases on customers, partners, vendors as required
Develop and maintain periodic reports for various business functions

Skills you should HODL:

Four-year degree or equivalent experience
1-3 years experience in a compliance role at a financial institution, MSB, Crypto Asset Service Provider, Fintech
1-3 years experience in a compliance Program/Policy team working on AML policy development, AML Risk Assessment, or the equivalent preferred.
Extensive knowledge of BSA/AML requirements, process implementation, programs, and relevant documentation
Knowledge of US know your customer requirements and regulations
Familiarity with national sanctions and/or various government watchlists
Ability to act independently in analyzing AML/CFT risk and effectively research compliance regulations
Excellent analytical/problem solving, verbal and written communication, and organization skills
Excellent writing skills
Strong PowerPoint/Google Slides development skills
The ability to balance competing priorities on a daily basis
Proficient in Microsoft excel and/or Google Sheets/Docs/Slides
Attention to detail and exceptional organizational 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

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!

Apply now >