Equities Trading Operations Associate

Summary

Join Kraken as an Operations Associate and contribute to the smooth daily operations of our broker-dealer. You will play a vital role in trade and position reconciliation, settlements, regulatory compliance, and risk management. This fully remote position supports daily and monthly tasks, internal/external audits, regulatory exams, and ad-hoc projects. Collaborate with the Customer Experience Team to deliver a first-class client experience. The ideal candidate possesses 4-5 years of brokerage operations or financial services experience and a Series 7 license. Kraken is a mission-focused company committed to accelerating global crypto adoption and offers a diverse and inclusive work environment.

Requirements

• Must have Series 7
• 4-5 years brokerage operations or financial services experience
• Understanding of operational controls and regulatory compliance standards
• Ability and willingness to cover other shifts as needed
• Ability to utilize G-Suite and other office productivity tools for financial modeling, project tracking, and business analysis
• Self starter with the ability to work independently
• Strong attention to detail
• Ability to work under time-sensitive conditions
• Proficiency in operational tools and systems

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

Benefits

#LI-Remote