Senior Counsel – Product

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Kraken Digital Asset Exchange

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Crypto • Finance • Fintech

Kraken Digital Asset Exchange is a cryptocurrency platform that facilitates the buying and selling of over 200 cryptocurrencies, including Bitcoin, Ethereum, and many others. Founded in 2011, Kraken provides a comprehensive suite of features for both beginner and advanced traders, such as advanced trading interfaces and margin trading. The platform emphasizes industry-leading security, deep liquidity, and 24/7 customer support, making it a trusted choice for users worldwide. Kraken caters to individual investors as well as institutional clients, offering services like OTC trading and custody. The company is committed to transparency with its proof of reserves and mission-driven values. Kraken operates globally, supporting clients in over 190 countries, with a quarterly trading volume exceeding $207 billion. However, users are advised of the high risk of crypto investments and the lack of regulation in some jurisdictions.

1001 - 5000 employees

Founded 2011

₿ Crypto

💸 Finance

💳 Fintech

📋 Description

• Lead licensing/registration workstreams: scope requirements, map pathways, coordinate outside counsel, compile application materials, and manage regulator interactions. • Own cross‑functional product counseling across the build cycle (discovery → design → launch → iteration), delivering crisp, actionable guidance and risk‑based options to product, engineering, compliance, and leadership. • Translate complex regulatory frameworks (e.g., MiCA, AML/CFT, financial promotions, e‑money, MiFID, EMIR, derivatives, market structure) into pragmatic controls and go‑to‑market guardrails. • Draft and negotiate product‑critical agreements (platform T&Cs, bespoke agreements, and partnership deals) with clear, business‑aligned positions. • Support incident and supervisory responses with well‑reasoned written submissions and evidence packages. • Foster a culture of clarity, favoring plain‑English communication, measurable risk tradeoffs, and decision‑ready recommendations.

🎯 Requirements

• Qualified lawyer (Solicitor of England & Wales, Irish Solicitor, or equivalent admitted in an EU Member State). • 10+ years’ PQE in financial services law within a regulated financial services institution (e.g., an exchange, central clearing counterparty, broker-dealer/asset manager, trading firm, bank, brokerage, or crypto services provider) or in a law firm/private practice supporting such clients (ideally with some in-house or direct product counseling experience). • Demonstrated experience leading licensing or registration efforts (US and/or international), including planning, applications, regulator engagement, and operationalization. • Experience with advising on regulated MiFID investment services and familiarity with relevant crypto-asset regimes, including MiCA, AMLD5, UK financial promotions, and/or e-money regulations. • Outstanding analytical, drafting, and organisational skills with crisp, plain-English writing. • Ability to efficiently and confidently distill complex legal and regulatory issues into clear, actionable guidance for non-lawyers and product stakeholders. • Pragmatic, commercially accountable approach to legal and regulatory risk that prioritises providing stakeholders with a useful range of options and delivers clear recommendations to decision-makers. • Demonstrates an authentic passion for crypto and familiarity with the features of both Kraken and its competitors’ apps and products.

🏖️ Benefits

• Offers Equity • Offers Bonus • Wellness allowance • Medical insurance • Dental insurance • Vision insurance • 401(k) plan