MLRO

Payward - the parent company behind Kraken, Ninja Trader, Breakout, xStocks, Payward Services and CF Benchmarks - has spent the last 15 years building one of the most modern and globally accessible financial infrastructure platforms in the industry, built to advance an open, global financial system.

Before you apply, we encourage you to explore our culture page  to understand what drives us and how we work.

Founded in 2011, Kraken is one of the world's longest-standing crypto platforms, trusted by over 10 million individuals and institutions across the globe. It offers spot trading, margin, futures, staking, and OTC services, with products built for both individual investors and institutional clients.

We are seeking an experienced and driven MLRO to lead the financial crime compliance programmes across Payward Ltd (PWL) and Payward Services Ltd (PSL), two FCA-regulated UK entities within the Kraken Group. This is a senior role with end-to-end responsibility for the effectiveness of the firms’ anti-money laundering (AML), counter-terrorist financing (CTF), and sanctions controls.

You will provide strategic and operational leadership across all aspects of financial crime risk management. This includes maintaining a robust control framework, advising on risk treatment across products and clients, and overseeing the operation and continuous improvement of transaction monitoring and sanctions screening systems.

• - Oversight of the AML/CTF and sanctions compliance frameworks across PWL and PSL
• - Develop, implement and maintain the firm’s AML/CTF policies, controls and procedures, ensuring that any global policies, controls and procedures meet UK regulatory requirements
• - Oversight of transaction monitoring, internal SAR and external SAR/DAML reporting
• - Oversight of CDD, EDD, enhanced monitoring and sanctions screening processes for the UK
• - Approve all new high risk client relationships and all periodic review outcomes of existing HRCs
• - Maintain and regularly update the firms’ business-wide financial crime risk assessments
• - Provide expert advice on AML and sanctions compliance across the customer lifecycle, including onboarding, periodic review, and investigations
• - Coordinate internal assurance activity and support external audits and regulatory reviews of the financial crime framework
• - Deliver training and awareness programmes to ensure staff understand their financial crime responsibilities
• - Prepare regular reporting and MI for senior management, risk committees, and the board
• - Lead delivery of UK MLRO team monthly review of UK corporate clients
• - Produce an annual MLRO report to the Board of Directors that assesses the overall AML/CTF framework and highlights emerging risks and improvements planned
• - Review monthly compliance and AML MI in order to identify trends, issues and ensure appropriate mitigation / escalation to the Board where appropriate
• - Attend relevant Committee meetings and Board meetings, support Executive decision making, escalated AML program related issues
• - Lead on strategic AML framework initiatives/implementations (e.g. Travel Rule)
• - Horizon scanning - monitor regulatory developments and ensure timely updates to internal policies and procedures
• - Liaise with law enforcement and regulatory authorities as required:
• - Regular engagement with FCA supervisory team
• - PoC for NCA
• - Support LEAs with setting up accounts

• - Significant experience in AML/CTF and financial crime compliance within a regulated financial services firm
• - Deep understanding of the UK Money Laundering Regulations, Proceeds of Crime Act, UK sanctions regime (OFSI), and relevant industry guidance (e.g. JMLSG)
• - Proven track record of operating or overseeing transaction monitoring,…