About the Role
Payward, the parent company of Kraken, is seeking a Chief Operating Officer to lead the operational transition and growth of its UK business. This individual contributor role involves managing day-to-day operations, supporting regulatory authorization efforts with the FCA, and identifying growth opportunities, particularly in payments. The role is ideal for an experienced operator looking to build a regulated business from within.
Responsibilities
- Run day-to-day operations across UK entities, including EMI operations at Payward Services Limited.
- Lead the operational work behind FCA authorization efforts, including crypto (CASP) authorization and MiFID scope application.
- Serve as the operational counterpart to the FCA for information requests, supervisory queries, and incident notifications.
- Identify and execute growth opportunities for the UK business, prioritizing payments.
- Own UK product operations and launch readiness, centered on payments.
- Gate go-lives against regulatory and operational requirements.
- Oversee financial promotions (three lines of defence).
- Build controls for regulated products.
Requirements
- 8-12 years of experience with roots in strategy consulting (MBB, Big 4 strategy, or boutique) and a proven track record of operational execution in-house.
- Experience operating within a scaling UK fintech, bank, or crypto firm in roles such as special projects, chief of staff, operations strategy, or operations lead.
- Deep familiarity with the UK regulatory environment, including experience operating within an FCA regulated firm (ideally MiFID investment firm, bank, or EMI).
- Understanding of SMCR, safeguarding, financial promotions rules, Consumer Duty, operational resilience, and outsourcing rules.
- Track record of running complex cross-functional programs without formal authority.
- Ability to pick up work outside of the job description.
- Structured and rigorous approach to governance and controls, while being allergic to bureaucracy.
- Excellent communication skills across regulators, boards, engineers, and commercial partners.
- Comfortable with ambiguity and a broad remit.
- Ability to measure success by shipped and landed outcomes rather than headcount.
Skills
- Operational execution
- Regulatory compliance
- Payments operations
- Cross-functional program management
- Governance and controls
- Communication
Location
- UK
Work Type
- Individual contributor role with executive scope
Experience Level
- 8-12 years
About the Company
- Payward is the parent company behind Kraken, NinjaTrader, Breakout, xStocks, Payward Services, and CF Benchmarks.
- Has spent 15 years building a modern, globally accessible financial infrastructure platform.
- Aims to advance an open, global financial system.
- Kraken, founded in 2011, is a long-standing crypto platform trusted by over 10 million individuals and institutions.
- Kraken offers spot trading, margin, futures, staking, and OTC services.
- Kraken is building the leading regulated crypto and payments platform in the UK.
- Kraken is moving with the UK's transition from MLR registration to a full FSMA authorisation regime.
- Kraken has live authorization workstreams with the FCA.
- Kraken has a fast-growing payments business.
- Kraken aims to make the UK one of its most important markets globally.
Equal Opportunity
- Payward is powered by people from around the world and celebrates diverse talents, backgrounds, contributions, and unique perspectives.
- Hires based on merit, seeking individuals with the right abilities, knowledge, and skills.
- Encourages applications even if not fully meeting listed requirements, especially if passionate or knowledgeable about crypto.
- May ask candidates to complete job-related skills or work-style assessments.
- As an equal opportunity employer, does not tolerate discrimination or harassment based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status, or any other protected characteristic.
