Chief Compliance Officer

About the role

This senior role involves developing, implementing, and enforcing the firm's compliance program. The Chief Compliance Officer will act as the primary contact for the SEC and other regulatory bodies, ensuring the company maintains examination readiness and responds to inquiries effectively. Key responsibilities also include designing and maintaining compliance policies, conducting annual reviews, and identifying regulatory risks.

The position requires oversight of the firm’s Code of Ethics, regulatory filings, and the identification and management of conflicts of interest. The Chief Compliance Officer will also be responsible for reviewing marketing materials for compliance, ensuring proper record-keeping, and overseeing electronic communications surveillance. This role is central to maintaining the firm's integrity and adherence to industry standards.

Success in this role means effectively managing the firm's compliance with SEC regulations and other relevant laws, contributing to Kraken's mission of accelerating crypto adoption. The officer will oversee the AML/KYC program, collaborate on cybersecurity compliance, and develop compliance training for staff. This ensures the company operates within a robust regulatory framework while supporting its innovative products.

The target annual salary for this position ranges from $110,400 to $220,800, with additional opportunities for equity and bonuses.

Skills that matter here

• SEC regulations: This role requires deep knowledge of SEC regulations to develop and enforce the firm's compliance program and act as a primary contact for the SEC.
• Investment Advisers Act of 1940: A strong working knowledge of this act is essential for designing and administering compliance programs for SEC-registered investment advisers.
• Compliance Technology: The role involves overseeing various compliance functions, which may include leveraging technology for efficiency and effectiveness.
• AML: The Chief Compliance Officer will oversee the firm's Anti-Money Laundering program, ensuring adherence to relevant regulations.
• KYC: This position includes overseeing the Know Your Customer program to ensure proper client identification and verification processes.
• Cybersecurity: The role requires collaboration on cybersecurity compliance to protect the firm's assets and client information.

Who this role suits

• A professional with 5-10 years of progressive experience in investment management compliance.
• Someone with a strong understanding of fiduciary duty and managing conflicts of interest.
• An individual who excels at clear written and verbal communication.
• A candidate capable of designing and administering compliance programs for SEC-registered investment advisers.

From the employer

Key Responsibilities

• Develop, implement, administer, and enforce the firm’s compliance program.
• Serve as the primary point of contact with the U.S. Securities and Exchange Commission and other regulatory bodies.
• Design, implement, and maintain the firm’s written compliance policies and procedures.
• Conduct annual reviews and identify regulatory risks.
• Oversee the firm’s Code of Ethics and regulatory filings.
• Maintain examination readiness and coordinate responses to inquiries.
• Identify, disclose, and manage conflicts of interest.
• Oversee best execution and proxy voting policies.
• Review marketing materials for compliance.
• Ensure maintenance of required books and records.
• Oversee electronic communications surveillance and document retention policies.
• Monitor client investment guidelines and custody requirements.
• Oversee the firm’s AML/KYC program and collaborate on cybersecurity compliance.
• Develop and deliver compliance training.

Qualifications

• Minimum of 5–10 years of progressive compliance, legal, or regulatory experience in the investment management industry.
• Deep working knowledge of the Investment Advisers Act of 1940 and SEC rules.
• Experience designing and administering compliance programs for SEC-registered investment advisers.
• Strong understanding of fiduciary duty and conflicts of interest management.
• Excellent written and verbal communication skills.
• Bachelor’s degree; Juris Doctor (JD) or other advanced degree is a plus.
• Experience with digital assets or cryptocurrency is a plus.
• Series 65 or Series 66 or equivalent designation is a plus.
• Familiarity with CFTC regulations is a plus.

What We Offer

• Target annual salary range of $110.4K – $220.8K.
• Equity and bonus opportunities.
• Wellness allowance and other benefits including medical, dental, vision, and 401(k).