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Global Head of Compliance

FalconX

FalconX

Legal
San Francisco, CA, USA · San Francisco Bay Area, CA, USA
Posted on Saturday, June 15, 2024

Who are we?

FalconX is the most advanced digital asset platform for institutions. We provide trade execution, credit & treasury management, prime offering and market making services. Given our global operations, industry-leading technology and deep liquidity, we have facilitated client transactions of $1 trillion in volume. Our products & services are regulated, compliant and trusted.

We are a team of engineers, product builders, institutional sales and trading leaders, operations experts, and business strategists. Our teammates have entrepreneurial experience and come from companies such as Google, Apple, Paypal, Citadel, Bridgewater, and Goldman Sachs. And, we embody our values: Think big; Drive bold outcomes; Be one team; Iterate with speed; and be an entrepreneur.

We prioritize learning. Outcomes are mission-critical, but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - there’s no shortage of experiments to get involved with and to continue growing and learning together.

We are a financial services organization specializing in institutional sales, trading, credit lending, and capital markets in the digital asset space with passionate leaders across the globe. At FalconX, we prioritize learning. Outcomes are mission-critical, but we also believe that learning in success and in failure will drive our continued success. Our industry is emergent - there’s no shortage of experiments to get involved with and to continue growing and learning collaboratively.

Impact

We are seeking an experienced Global Head of Compliance Executive to lead our distributed, global compliance team.

Our department prevents, detects and mitigates compliance and regulatory risks across the company and helps to strengthen our culture of compliance. As a company involved in digital assets, this role will also be relied on for training and knowledge sharing. The team monitors existing and new rules and regulations; designs and implements controls, policies, procedures and training to all colleagues. We look for those who possess sound judgment, curiosity, and are able to adapt to a changing regulatory digital asset landscape.

Responsibilities:

  • Lead, develop and implement the global compliance programs, including Know Your Customer (KYC), Anti-Money Laundering (AML), trade surveillance, sanctions and derivatives compliance programs for FalconX in the US, APAC, and Europe
  • Advise and implement enhancements to the overall Compliance Program, including oversight of policies and procedures
  • Tasked with management of our distributed, Global Compliance team.
  • Communicate with regulators globally on behalf of the company, including derivatives regulators, commodities regulators, crypto regulators and other financial regulators
  • Strengthen and maintain the compliance framework through the development and implementation of comprehensive policies and procedures
  • Work with product, legal and other departments to ensure successful launches of new products
  • Apply for and maintain licenses that are important for business growth, and work closely with legal team to identify gaps in our regulatory license structure
  • Respond to regulatory inquiries, audits, examinations and investigations, and liaison with regulators around the world
  • Manage and address any conflicts of interest that may arise by determining reasonable steps that should be taken to confront or mitigate the conflict of interest
  • Provide reporting to management and Board of Directors. Escalate reporting when relevant

Qualifications:

  • 12+ years of relevant compliance and regulatory experience in finance, fintech, or crypto exchanges (experience in AML/BSA compliance is a must)
  • Experience advising on compliance programs involving institutional financial products such as swaps and other derivatives
  • Must be initiative-taking, flexible, innovative and adaptive
  • Prior Head of Compliance or Chief Compliance Officer experience in finance, fintech, or crypto exchanges (prior experience scaling a global compliance program preferred)
  • Experience collaborating with product and engineering teams to automate compliance workflows and systems
  • Passionate about crypto (DeFi and CeFi),
  • Ability to help transcribe global regulatory requirements into recommendations
  • Ability to drive implementation of recommendations and support growth in a fast changing landscape and managing uncertainties
  • Robust leadership abilities with team management skills
  • Comfort working in a dynamic, rapidly growing start-up environment
  • Well-developed presentation skills with the ability to articulate complex problems and solutions through concise and clear messaging
  • Collaborative, humble, steadfast, deep integrity, and a "we before me" approach
  • Experience in managing regulatory exams and relationships with examiners, auditors, and other external partners
  • Awareness of regulatory requirements including local and US laws, international and industry standards
  • Experience writing and implementing policies and procedures, management information and reports
  • Experience within the OTC, listed derivatives and swaps businesses is an advantage
  • Effective communicator with senior stakeholders both verbally and written, including experience delivering trainings
  • Extraordinary attention to detail and strong analytical skills
  • Genuine interest in Digital Assets and regulatory framework

Education & Additional Experience:

  • Bachelor’s degree or equivalent experience required
  • Relevant experience in compliance, legal or other high control-related function in the financial services industry, a regulatory organization, a consulting firm, or a combination thereof
  • Experience and/or exposure to compliance work in multiple global jurisdictions
  • Preparing or contributing annual compliance reports and other compliance materials for executive management, boards of directors and regulators

Compensation:

This is a full-time position with an expected annual compensation of $210,000.00 - $290,000. The actual compensation for a successful candidate may vary based on factors such as skill set, relevant experience, qualifications, and other relevant factors. This position also offers other forms of compensation and benefits consisting of overtime compensation (when applicable), relocation assistance (if applicable), performance-linked bonus, paid time off (including sick time) benefits, paid Company holidays, participation in the Company’s equity and 401k retirement plan, competitive employee health, dental, and vision benefits each subject to the terms and conditions of the governing plan documents and Company policies.

Notice at Collection and Privacy Policy

Applicants located in California and/or applying to a role based in California, please refer to our Notice at Collection and Privacy Policy here.

Inclusivity Statement

FalconX is committed to building a diverse, inclusive, equitable, and safe workspace for all people. Our roles are intended for people from all walks of life. We encourage all those interested in applying to our organization to submit an application regardless if you are missing some of the listed background requirements, skills, or experiences!

As part of our commitment to inclusivity, FalconX would like to acknowledge that the EEOC survey has limited potential responses that you can select. For legal reasons, FalconX must use this language to align with federal requirements, however, we want to ensure that you are able to provide a response to our own voluntary survey questions about your identity that best aligns with your most true self.

FalconX is an equal opportunity employer and will not discriminate against an applicant or employee based on race, color, religion, national origin, ancestry, ethnicity, sex (including gender, pregnancy, sexual orientation, and gender identity), age, physical or mental disability, veteran or military status, genetic information, citizenship, or any other legally-recognized protected basis under federal, state, or local law.

Applicants with disabilities may be entitled to reasonable accommodation under the Americans with Disabilities Act and other applicable state or local laws. A reasonable accommodation is a change in the way things are normally done which will ensure an equal employment opportunity without imposing undue hardship on FalconX. Please inform FalconX’s People team at [email protected], if you need assistance with participating in the application process.