Cyprus
Remote
Senior
Full Time
Head of FinanceMiFID IIfinancial regulatory compliancecryptocurrencyfintech
Requirements
- •Expert level of financial analysis and reporting tools
- •Strong understanding of financial regulatory requirements and compliance
- •12-15 years experience with Bachelors/Masters in financial analysis, regulatory reporting, or similar role
- •3-5 years experience in a fintech/relevant industry
- •Strong understanding of regulatory requirements and financial reporting standards
- •Excellent analytical and problem-solving skills
- •Ability to work independently and manage multiple tasks simultaneously
- •Ownership of all financial & treasury reconciliations for PEDSL, in particular client funding reconciliations for the regulated entity, for approval by senior management
- •Develop a robust control environment
- •Experience with MiFID II and associated custodial/safeguarding regulatory requirements
- •Passion or growing intrigue for cryptocurrency adoption and personal experience with crypto preferred
- •ACA or other relevant certification
What You'll Do
- •Support the drafting and/or enhancing of the firm’s financial compliance policies, programs, procedures to comply with laws and regulations
- •Prepare, track and maintain key financial metrics as required by applicable regulatory requirements
- •Understand PEDSL’s financial condition and be able to speak to its revenues, PnL, balance sheet, etc.
- •Compile data and submit financial regulatory reports
- •Assist internal stakeholders and auditors in support or preparation of Audited Annual Financial Statements as needed
- •Oversee execution and adherence to financial policies and internal controls
- •In partnership with Compliance, respond to finance-related regulatory requests
- •Oversee monthly and quarterly financial closings
- •Prepare and track local entity budgets as directed
- •Report periodically to the CCO, CEO and Board of Directors on all financial matters
- •Responsible for the oversight of project management in regards to financial projects
- •Work with colleagues across functions to help to meet their deliverables (eg providing Finance with information required for financial statement preparation)
- •Support defining and approving business requirements for financial systems and any other systems related to the covered functions, and validation that these systems meet such business requirements
- •Oversee effectiveness of EEA-specific internal financial controls and take remedial steps to mitigate residual risks outside of the firm’s risk appetite
- •Coordinate with Treasury and Banking & Payments teams as needed
- •Support Compliance and Regulatory Legal departments in reviewing and researching new and changing laws. Develop and execute appropriate remediation plans
- •Provide financial support for new license applications and renewals
- •Monitor, test and ensure compliance with regulations pertaining to segregation of assets
- •Any other tasks as assigned by PEDSL’s CEO, Board of Directors or global executive leadership teams
Nice to Have
- •Relevant degree in Finance or Accounting
- •Experience in the cryptocurrency or fintech industry
- •Familiarity with MiFID II regulatory requirements and processes
- •Demonstrable prior experience in relation to the regulation of virtual asset services or money service businesses in Cyprus or a similar regulatory jurisdiction
- •Ability to work cross-functionally and with internal partners in Group Finance and other functions to deliver robust outcomes for the local regulated firm
- •Strong communication and interpersonal skills
About Kraken
Kraken is a cryptocurrency exchange platform that provides parachain auctions, staking, and index services.
San Francisco, CA
1000 - 5000
Finance