Compliance Associate, UK

Kraken

2d

About The Position

Payward, the parent company of Kraken, is seeking a Compliance Associate to join its UK Compliance team. This role will support the day-to-day operations of the UK compliance function, covering compliance monitoring, policy, risk management, and regulatory engagement. The position offers significant scope for growth as the business and its regulatory obligations evolve. The Compliance Associate will report to the CCO and play a hands-on role in ensuring the UK entity, Payward Limited (PWL), adheres to regulatory requirements, including those under the Money Laundering Regulations and the developing UK cryptoasset regime.

Requirements

• Compliance experience in a regulated financial services firm, ideally with exposure to cryptoasset, payments, or investment management businesses.
• Practical experience in compliance monitoring, testing, or risk management, with an understanding of how to translate regulatory requirements into operational controls.
• Familiarity with the UK regulatory landscape, including the Money Laundering Regulations 2017 and developing cryptoasset regulation.
• Highly organised, proactive, and comfortable navigating ambiguity in a fast-moving environment.
• Clear communication skills, with the ability to translate complex compliance requirements into plain language for non-compliance audiences.
• Data-driven approach, comfortable using data to inform risk judgments and prioritize work.
• Excellent automation skills, embracing tools and technology to streamline compliance processes, build efficient trackers, and reduce manual effort.
• Execution mindset: taking ownership of work, following through on commitments, and delivering to a high standard.

Nice To Haves

• Experience at a cryptoasset business or exposure to the UK cryptoasset regulatory regime.
• Familiarity with compliance management systems or workflow automation platforms.
• ICA, CISI, or equivalent compliance qualification.

Responsibilities

• Support the delivery of the Compliance Monitoring Programme (CMP), including designing and executing second-line monitoring reviews across key regulatory obligations.
• Document testing results clearly and present findings to relevant governance committees.
• Track agreed remediation actions and follow up with first-line stakeholders to verify closure.
• Assist with the maintenance and periodic review of UK compliance policies and procedures, ensuring alignment with regulatory requirements and group frameworks.
• Contribute to compliance risk assessments and the maintenance of the UK compliance risk register.
• Monitor internal and external developments (business change, regulatory updates, emerging technology) to identify and escalate new compliance risks.
• Support horizon scanning and gap analysis for new regulatory obligations, including UK cryptoasset regime developments.
• Assist with the preparation of materials for UK governance committees and boards, including RAG dashboards, KRI reporting, and compliance updates.
• Assist with record-keeping obligations and maintain accurate compliance registers and trackers.
• Respond to compliance-related inquiries and due diligence requests from banking partners, counterparties, and other external stakeholders.
• Liaise with Kraken's global compliance function to ensure alignment between group policies and UK-specific regulatory requirements.
• Support senior members of the UK Compliance team on ad hoc regulatory projects and workstreams.

Benefits

• Opportunity to grow as the business and its regulatory obligations evolve.
• Work in a company that celebrates diverse talents, backgrounds, and perspectives.
• Encouragement to apply for roles even if not fully meeting listed requirements, especially if passionate about crypto.

What This Job Offers

• Job Type: Full-time
• Career Level: Mid Level
• Education Level: No Education Listed