Chief Compliance Officer - Kraken Adviser LLC
New
USAFull-TimeSenior
Salary110,000 - 221,000 USD per year
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Job Details
- Experience
- Minimum of 5–10 years of progressive compliance, legal, or regulatory experience
Requirements
- Minimum of 5–10 years of progressive compliance, legal, or regulatory experience in the investment management industry, with a significant portion focused on SEC-registered investment adviser regulation.
- Deep working knowledge of the Investment Advisers Act of 1940, the Investment Company Act of 1940 (if applicable), SEC rules and regulations, and relevant state securities laws.
- Demonstrated experience designing, implementing, and administering compliance programs for SEC-registered investment advisers leveraging technology solutions.
- Experience managing SEC examinations and responding to regulatory inquiries.
- Strong understanding of fiduciary duty, conflicts of interest management, best execution, trade allocation, custody, and marketing compliance.
- Excellent written and verbal communication skills, with the ability to translate complex regulatory requirements into practical business guidance.
- Bachelor’s degree required; Juris Doctor (JD) or other advanced degree (nice to have).
- Prior fintech driven investment advisory experience (nice to have).
- Experience with digital assets, cryptocurrency, or emerging financial products (nice to have).
- Series 65 (Uniform Investment Adviser Law Examination) or Series 66 (Uniform Combined State Law Examination), or an equivalent qualifying designation recognized by NASAA (e.g., CFA, CFP, CAMS) (nice to have).
- Prior experience as a CCO, Deputy CCO, or senior compliance officer at an SEC-registered investment adviser (nice to have).
- Familiarity with CFTC regulations, including Commodity Trading Adviser (CTA) and Commodity Pool Operator (CPO) requirements (nice to have).
- Experience with compliance technology platforms (nice to have).
Responsibilities
- Design, implement, and maintain the firm’s written compliance policies and procedures reasonably designed to prevent violations of the Advisers Act and rules thereunder, as required by Rule 206(4)-7.
- Conduct at least an annual review of the adequacy of the firm’s compliance policies and procedures and the effectiveness of their implementation, and document the results of that review.
- Oversee the preparation, review, and timely filing of Form ADV Parts 1, 2A (Brochure), 2B (Brochure Supplements), and Form CRS, including annual amendments and interim updates.
- Serve as the primary liaison with the SEC’s Division of Examinations (formerly OCIE) and state securities regulators during routine examinations, inquiries, and investigations.
- Identify, disclose, and manage conflicts of interest arising from the firm’s business activities, compensation arrangements, affiliations, and investment practices.
- Ensure the firm maintains all books and records required under Rules 204-2 and 204A-1 of the Advisers Act, including client agreements, trade records, communications, and compliance documentation.
- Monitor adherence to client investment guidelines, restrictions, and suitability requirements.
- Oversee the firm’s anti-money laundering (AML) and know-your-customer (KYC) program, including customer identification, suspicious activity monitoring, and sanctions screening against OFAC lists.
- Collaborate with IT and information security teams to ensure compliance with SEC cybersecurity guidance and Regulation S-P (Privacy of Consumer Financial Information).
- Develop and deliver initial and ongoing compliance training for all employees, including investment professionals, operations staff, and senior management.
- Monitor proposed and final SEC rulemaking, no-action letters, risk alerts, and other regulatory developments that may affect the firm’s operations.
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