Sanctions Director

at Kraken Digital Asset Exchange

United States, North America
128 d. ago
About the Job

About KrakenAs 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.To ensure Kraken is the right fit for you, please ensure you read Kraken Culture Explained to find out more about us! The Sanctions Manager is a critical leadership position where you will be responsible for a global team of Sanctions Specialists, managing all aspects of the sanctions program in accordance with applicable laws, regulations, regulatory guidance and expectations. Responsibilities: * Manage and maintain all aspects of the sanctions program in accordance with applicable laws, regulations, regulatory guidance and expectations, as well as the Kraken policies and procedures. * Oversee a team of compliance personnel dedicated to Kraken’s sanctions program * Assist with the company’s annual sanctions risk assessment * Continued assessment and maintenance of the watchlist screening tools * Identify areas of risk and work with various departments to identify control gaps, provide remediation and work on implementation. * Prepare periodic MIS reports for Senior Management. * Prepare regulatory reporting such as OFAC Annual Blocked Property Report, OFAC Block Reports, OFAC Reject Reports and Voluntary Self Disclosures. * Coordinate and provide materials for internal and external audits and examinations. * Participate in special projects in support of global sanctions compliance. * Development and implement action plans for remediation items. * Participate in risk assessments to identify sanctions risks related to new products and services. Requirements: * 10 years experience in a sanctions role * 2 years experience in a supervisory/managerial role * Bachelor’s degree - Advanced degree a plus * CGSS Certification or equivalent * Deep experience with OFAC, international sanction regimes, sanctions reporting requirements, watchlist screening requirements, and technologies and systems utilized * Executive level communication and organizational skills * Experience managing regulatory exams and audits * Proven track record and experience working with, and technical implementations of, watchlist screening vendors * Deep familiarity with sanctions regulatory requirements in Europe and US, and other jurisdictions * Demonstrated ability to author detailed business requirements and effectively communicate with engineering/technology teams * Prior success in project management and driving cross functional teams to execute and deliver on strategically important initiatives * Quantitative analysis and decision making#USWe’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. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto! 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. Stay in the know Kraken Culture Explained Follow us on Twitter Catch up on our blog Follow us on LinkedIn