Compliance Testing Associate – Middle East

About Kraken

As one of the largest and most trusted digital asset platforms

globally, we are empowering people to experience the life-changing potential of crypto
 Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide – our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption
 But we’re only just getting started
We want to be pioneers in crypto and add value to the everyday lives of billions
Now is not the time to sit on the sidelines
Join us to bring crypto to the world
By joining Kraken, you’ll work on the bleeding edge of bitcoin and other digital currencies and play an important role in helping shape the future of how the world sees and uses money
At Kraken, we constantly push ourselves to think differently and forge new paths in a rapidly growing industry fraught with unexplored territory, which is why Kraken has grown to be among the largest and most successful bitcoin exchanges in the world
If you’re truly interested in pushing the envelope by disrupting an industry that some say cannot be disrupted, then we just might have the job meant for you
Kraken is a place for dreamers and doers – to succeed here, we firmly believe you must possess each in spades
Check out all of our job postings here

Responsibilities

• Represent the company as a professional compliance expert (eg AML/CTF and other regulations) with all parties, internal and external
• Build test procedures and implement tests in all lines of businesses (LOBs) and legal entities
• Conduct all responsibilities as Compliance Test Associate:
• Review applicable laws, rules, regulations, and/or policies to assess controls
• Determine scope and objective of each review process
• Develop and document test scripts, sample methodologies and size
• Perform test process according to the test plan
• Manage documentation of the test processes by preparing correctly and clearly to understand workpapers
• Ability to review, analyze, and document findings from sample testing
• Ensure testing is completed timely and accurately according to applicable standards
• Communicate clearly and effectively to stakeholders of test results on any issues/concerns/recommendations
• Analyze exceptions and make recommendations to enhance internal controls and/or improve efficiencies
• Determine root cause on identified exceptions
• Maintain good relationship and collaborate with other lines of businesses and stakeholders
• Manage various inboxes and provide timely responses to all stakeholdersIdentify gap/deficiencies and provide results to proper stakeholders
• Collaborate with stakeholders to remediate findings and/or potential regulatory violations
• Maintain outstanding findings are rectified timely and according to remediation time frame
• Conduct ad hoc testing/project at the request from Compliance Testing Manager, Compliance Officers, Senior Management and/or other LOBs
• Ability to work across multiple team dynamic
• Attention to detail and accuracy is key
• Develop strong relationships with various business partners both in and outside of Compliance
• Communicate effectively to coordinate cross-functional projects

Requirements



• Four-year degree or equivalent experience
• Be located in the Middle East
• 4+ years’ experience in a compliance role at a financial institution or equivalent with increasing levels of responsibility
• 4 years minimum experience in Compliance testing/audit role, or equivalent
• 1-2 years supervisory experience
• CAMS certification and/or other compliance related credentials preferred
• Impeccable communication skills, both verbal and written
• Attention to detail and exceptional organizational skills
• Ability to take ownership of work product and consistently deliver results
• Adaptability to global business needs
• Ability to work in a rapidly changing regulatory environment

Nice to have



• Crypto enthusiast
• CAMS or CRCM certification

We’re powered by people from around the world with their own unique and diverse experiences
We value all Krakenites and their talents, contributions, and perspectives, regardless of their background
 As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind
Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws
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