Chief Operating Officer, UK at Kraken answer
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Job Description
<h1><strong>Building the Future of Open Finance</strong><br /></h1><p style="min-height:1.5em">Payward - the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.</p><p style="min-height:1.5em"><br />Before you apply, we encourage you to explore our <a target="_blank" rel="noopener noreferrer nofollow" href="https://www.kraken.com/culture"><u>culture page</u></a> to understand what drives us and how we work.</p><h2><strong>The team</strong></h2><p style="min-height:1.5em">Founded in 2011, Kraken is one of the world's longest-standing crypto platforms, trusted by over 10 million individuals and institutions across the globe. It offers spot trading, margin, futures, staking, and OTC services, with products built for both individual investors and institutional clients.</p><p style="min-height:1.5em">Kraken is building the leading regulated crypto and payments platform in the UK. The UK is moving from MLR registration to a full FSMA authorisation regime, and we are moving with it. We have live authorisation workstreams with the FCA, a fast growing payments business spanning our EMI and institutional payments infrastructure, and an ambition to make the UK one of Kraken’s most important markets globally.</p><p style="min-height:1.5em">We are hiring a <strong>Chief Operating Officer</strong> to be the operational backbone of that transition. This is a hands on individual contributor role with unusual scope: you will own the operational running of the UK business including our EMI, Payward Services Limited, support our licensing workstreams through to authorisation, and get stuck into the special projects and growth initiatives that move the UK business forward. As the UK regime lands and the business scales, the role scales with it.</p><p style="min-height:1.5em">This is a role for someone early in a steep trajectory: an operator who has done the consulting to operating transition, is hungry for a remit that outstrips their years, and wants to build a regulated business from the inside at the exact moment the UK regime crystallises.</p><div style="min-height:1.2em;margin-top:0;margin-bottom:0"> </div><h2><strong>The opportunity</strong></h2><ul style="min-height:1.5em"><li><p style="min-height:1.5em">Run day-to-day operations across UK entities, including EMI operations at Payward Services Limited: safeguarding, payment services requirements, operational risk and incident management, outsourcing and intra-group coordination, audit and regulatory readiness, and Board/ExCo/management reporting.</p></li><li><p style="min-height:1.5em">Lead the operational work behind our FCA authorisation efforts, including crypto (CASP) authorisation and our MiFID scope application. Partner with Legal, Compliance, and the UK CEO to turn regula