Director, US Opera tions - Kraken Securities
"What You'll Be Doing"
About This Role
As Director, US Operations, you will lead operations for Payward's US equities business: the registered broker-dealer Kraken Securities LLC, and the operations behind traditional stocks as well as xStocks, the company's tokenized equities product. You will own the trade operating model, end-to-end order and settlement flow, cash flows, corporate actions, reconciliations, and regulatory readiness across the business.
What You'll Be Doing
Own the end-to-end order flow for US equities, from inception through clearing and settlement, including reconciliation, corporate actions, and exception management
Own xStocks operations: token issuance and redemption, inventory and liquidity management, movement of client and firm assets, and settlement across exchange, custodian, and on-chain venues
Serve as a named principal of Kraken Securities LLC and act as an operational control point, including dual-approval ("four eyes") sign-off on transactions and asset movements, with coverage across time zones
Design and implement the operating model for Kraken Securities and xStocks, aligned to strategic goals
Build and run the operating systems for the business — policies, written supervisory procedures, controls, books and records, business continuity, and KPIs — translating leadership goals into clear targets for each business unit
Own launch readiness for new products and markets, testing systems and procedures end to end with clearing firm, custodians, exchange partners and R&D teams to ensure compliance with US regulations
Partner with Finance on financial controls around bank payments, customer funds and reserve requirements
Ensure desk coverage and settlement/reconciliation controls and manpower to support 24x5 operations, transitioning toward 24x7
Own vendor and partner operations — clearing, custody, market data, liquidity providers and technology vendors — including onboarding, SLAs and ongoing oversight
Own severity-1 operational escalation and incident response for the US entities, including root-cause review and remediation
Set performance targets, monitor progress, and report KPIs and costs transparently to leadership
Hire and develop a high-performing operations team, build the licensing bench and succession plan, and build the organizational structure needed to scale
Partner with functional leaders across Marketing, Compliance, Product, Engineering, and Operations to keep initiatives aligned and moving
Contribute to strategy and growth planning to help build a sustainable business
Support functions such as HR and IT in building procedures that link to corporate strategy
What We're Looking For
12+ years of experience in brokerage or fintech operations, and/or at an operations consulting firm, including time inside a FINRA-registered broker-dealer
Experience in crypto, brokerage, advisory, fintech, or another highly regulated industry
In-depth knowledge of traditional financial markets — execution, clearing, settlement, custody, margin, securities lending, and corporate actions
Working understanding of digital assets and tokenized securities, including custody models, on-chain settlement, and the operational controls they demand
Direct experience operating under SEC and FINRA rules — books and records, supervisory procedures, trade reporting, and examination response
Experience standing up or scaling operations for a new regulated product or entity, including launch readiness and regulatory approval processes
A proven record of defining structured approaches to solve complex challenges
End-to-end understanding of company value drivers and a strong working understanding of business analytics
Experience hiring, managing, and developing operations teams
Exceptional judgment and the executive presence to work comfortably with C-suite leaders, regulators, and external partners
Required at hire, or within an agreed window from start date: FINRA Series 7 (General Securities Representative), Series 99 (Operations Professional) and Series 24 (General Securities Principal)
Must be eligible for registration and disclosure on Form BD, and comfortable carrying named-principal responsibility in a regulated entity
Series 63 / 65 / 66 as required by state registration
Bonus Points
Series 27 or 28 (Financial and Operations Principal)
Series 57 (Securities Trader) and Series 4 (Options Principal), or willingness to obtain them, to strengthen principal coverage across trading and options
Salary Range
USD 134,200 - 298,900 per year
About Kraken
Kraken is a leading US-based cryptocurrency exchange, committed to providing secure, innovative, and reliable trading tools for digital assets. Our mission is to accelerate the global adoption of cryptocurrency by building a more open, free, and compliant financial system. We empower individuals and institutions alike with robust platforms designed for exceptional performance and peace of mind, operating at the forefront of financial technology and regulatory adherence. Our culture at Kraken is built on principles of autonomy, transparency, and a relentless pursuit of excellence. We foster an environment where passionate, talented individuals can thrive, take ownership of their work, and contribute to groundbreaking advancements in the blockchain space. Collaboration is key, and we champion diverse perspectives to solve complex challenges, ensuring our team members feel valued, supported, and continuously challenged to grow. Joining Kraken means becoming part of a dynamic team that is redefining the future of finance from our US base. We offer unparalleled opportunities for professional development, the chance to work on high-impact projects, and a direct role in shaping an industry poised for exponential growth. If you are eager to make a significant impact, innovate alongside some of the brightest minds, and build solutions that will change the world, explore our 121 open positions and discover where you belong.
Ready to Apply?
To submit your application for this position, please visit Kraken's official website and follow their application process.