Head of Operations

Posted 2ds ago

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Job Description

Head of Operations overseeing daily activities and compliance for Kraken’s EMI in Ireland. Driving operational efficiency and managing team dynamics to meet regulatory requirements.

Responsibilities:

  • Oversee the daily operations of the EMI, ensuring all processes run smoothly and efficiently
  • Develop and implement operational strategies to support Kraken’s EMI growth and scalability
  • Identify areas for process improvement and implement changes to increase efficiency and effectiveness
  • Oversee all outsourcing to Kraken group service providers
  • Ensure that Kraken EMI operations comply with all EMI/PSR requirements and other relevant regulatory frameworks
  • Establish and maintain robust internal controls to ensure regulatory compliance and operational integrity
  • Collaborate with the regional compliance officer to prepare for regulatory audits, and to ensure accurate reporting
  • Identify, assess, and manage operational risks
  • Develop and implement strategies to mitigate operational risks, ensuring business continuity
  • Oversee crisis and incident management plans and procedures, ensuring that Kraken EMI is prepared for potential disruptions
  • Act as PIL's nominated senior executive accountable for outsourcing, in line with the CBI Cross-Industry Guidance on Outsourcing, including oversight of Payward Inc. (PINC) as PIL's material outsourced service provider;
  • Oversee ongoing monitoring and performance management of outsourced service providers, including PINC, against agreed service levels and risk indicators;
  • Ensure outsourcing arrangements comply with applicable CBI outsourcing requirements and, where relevant, DORA ICT third-party risk management requirements;
  • Act as the primary point of contact for outsourcing-related regulatory queries, including notifying the CBI of new or materially changed outsourcing arrangements as required;
  • Report on outsourcing risk, concentration, and performance to the CEO, Board, and relevant risk/outsourcing committees.
  • Have overall responsibility for the Fraud function running through PIL, including fraud prevention, detection, and case management outcomes;
  • Oversee the outsourced Fraud Operations service provided by Payward Inc. (PINC) as PIL's material outsourced service provider, monitoring performance against agreed SLAs/KPIs;
  • Ensure Fraud risk appetite, controls, and management information align with PIL's Risk Appetite Statement (RAS) and applicable CBI outsourcing/operational resilience requirements;
  • Escalate material fraud incidents, thematic trends, and control gaps to the CEO, Board, and relevant risk committees on a timely basis.
  • Oversee Kraken EMI’s technology infrastructure to ensure it meets operational needs and regulatory requirements
  • Work with technology leadership to ensure the security of Kraken EMIS’s data and systems
  • Promote technological innovation to enhance Kraken EMI’s operations and user experience
  • Ensure that Kraken EMI provides excellent, secure customer service and support
  • Implement mechanisms to gather and act on customer feedback to improve service delivery
  • Oversee processes for resolving customer complaints and disputes effectively
  • Ensure that the EMI has operational processes in place that ensure compliance with Consumer Protection Code 2025
  • Support the General Manager, E-money and Payments Operations in developing and implementing the EMI’s strategic initiatives
  • Set operational goals that align with EMI and Kraken overall strategy
  • Monitor progress towards achieving strategic goals and make adjustments as needed
  • Collaborate with other senior executives to ensure cohesive and aligned operations;
  • Build and maintain relationships with key internal and external stakeholders.

Requirements:

  • Eligible to work in Ireland, or be willing to relocate to Ireland
  • Extensive experience (15+ years) in operational leadership roles, preferably in the financial services or crypto-asset industry
  • Strong understanding EMI, PSRs and wider European Regulatory Frameworks
  • Strong leadership, strategic thinking, financial acumen, and excellent communication skills
  • Commitment to high ethical standards and transparency
  • Ability to analyze complex operational issues and develop effective solutions
  • Flexibility to adapt to a rapidly changing regulatory and market environment
  • Dedication to providing a superior customer experience
  • Bachelor’s degree in Business Administration, Finance, Operations Management, or a related field; advanced degree preferred
  • Relevant professional certifications in finance, compliance, or operations management are desirable

Benefits:

  • Building the Future of Open Finance
  • Operational Management
  • Regulatory Compliance
  • Risk Management
  • Outsourcing Oversight
  • Fraud Oversight
  • Technology & Security
  • Customer Experience
  • Strategic Planning
  • Stakeholder Engagement