[Remote] Trading Operations Associate at Kraken

United States

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$33,200 – $66,500Compensation

Entry Level & New Grad, Junior (1 to 2 years)Experience Level

Full TimeJob Type

UnknownVisa

Cryptocurrency, Financial Services, BlockchainIndustries

Requirements

Must have Series 74
5 years brokerage operations, trade support, or financial services experience
Understanding of operational controls and regulatory compliance standards
Ability and willingness to cover other shifts as needed
Proficiency with operational tools, third-party clearing arrangements & systems, and productivity platforms (Slack, G-Suite, etc.)
Strong analytical, problem-solving, and communication skills
Ability to work independently, manage multiple tasks, and operate under time-sensitive conditions

Responsibilities

Perform trade and position reconciliation to ensure accurate reporting and readiness for trading activities by clearing trade discrepancies
Ensure that daily settlements are complete by working with the operations team, finance & treasury, and our clearing and custody broker
Work with clearing firm to resolve service issues, identify processing gaps and systemic issues
Work with the compliance team to execute the firm's supervisory policies and procedures
Manage corporate action processing, such as dividends and stock splits, ensuring accurate reflection in client accounts
Complete regulatory reporting tasks, including CAT reporting, rule 606, and best execution analysis
Assist with operational compliance, finance, and new product initiatives
Continually seek out and implement efficiencies and process improvements. Actively analyze problems and implement corrective action
Assist with regulatory inquiries and exams, including document and data retrieval
Perform periodic enhanced reviews, specifically related to trade reporting

Skills

Key technologies and capabilities for this role

trade executionsettlementsreconciliationsregulatory compliancerisk monitoringauditsanalytical skills

Questions & Answers

Common questions about this position

What is the salary range for the Trading Operations Associate position?

The salary range is $33.2K - $66.5K.

Is this role remote?

Yes, this is a fully remote position with Krakenites in 70+ countries.

What skills are required for this Trading Operations Associate role?

The role requires being detail-oriented, highly analytical, and comfortable in a fast-paced, time-sensitive environment, with strong abilities in trade reconciliation, settlements, regulatory compliance, and process improvements.

What is the company culture like at Kraken?

Kraken is a mission-focused company rooted in crypto values, with a world-class team united by crypto conviction, operating fully remote across 70+ countries and 50+ languages, emphasizing security, education, and client support.

What should I do to prepare a strong application for this role?

Read the Kraken Culture page to learn about internal culture, values, and mission, and familiarize yourself with the Kraken app by learning how to create an account.

Kraken

Cryptocurrency exchange for buying and trading

About Kraken

Kraken is a cryptocurrency exchange platform that allows users to buy, sell, and trade various digital assets. It offers features that cater to both beginners and experienced traders, making it easy to navigate the cryptocurrency market. Users can execute trades with high liquidity, which means their transactions are completed quickly. The platform charges low transaction fees, sometimes as low as 0%, helping users keep more of their profits. Kraken also provides advanced charting tools to help investors track their investments effectively. Security is a major focus, with multiple protective measures in place to keep user assets safe. The platform supports 70 different asset pairs and is continuously expanding its offerings. Additionally, Kraken offers 24/7 global support to assist users with any questions or issues.

San Francisco, CaliforniaHeadquarters

2011Year Founded

$108.5MTotal Funding

SERIES_CCompany Stage

Crypto & Web3, Financial ServicesIndustries

501-1,000Employees

Benefits

Competitive salary and equity plan

401k contribution plan

Vacation & Generous PTO

Paid Tranings

Risks

Increased competition from Binance and Coinbase could impact Kraken's market share.

Regulatory scrutiny in the EU may raise Kraken's compliance costs.

The volatility of cryptocurrency prices can affect Kraken's revenue from transaction fees.

Differentiation

Kraken offers both spot and futures trading for over 40 digital assets.

The platform provides advanced charting tools for professional traders and technical analysts.

Kraken's 24/7 global support ensures assistance for users at any time.

Upsides

Kraken's acquisition of Staked enhances its staking services for consumers and institutions.

Sponsorship deals with major soccer clubs boost Kraken's visibility and brand recognition.

The rise of crypto derivatives attracts advanced traders to Kraken's sophisticated tools.

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