Operations Associate

Kraken

The Operations & Trade Support Associate plays a critical role in ensuring the smooth daily functioning of the broker-dealer by supporting trade execution, operational processes, settlements, reconciliations, and regulatory compliance. This role is responsible for facilitating trade support activities, monitoring risk, and collaborating closely with our Clearing, Compliance, Finance, and Customer Experience teams.

The ideal candidate is detail-oriented, highly analytical, and comfortable operating in a fast-paced, time-sensitive environment. This role also provides support during internal/external audits, regulatory exams, and ad-hoc firm initiatives, all while delivering a first-class client experience.

The opportunity

• Perform trade and position reconciliation to ensure accurate reporting and readiness for trading activities by clearing trade discrepancies
• Ensure that daily settlements are complete by working with the operations team, finance & treasury, and our clearing and custody broker
• Work with clearing firm to resolve service issues, identify processing gaps and systemic issues
• Work with the compliance team to execute the firm's supervisory policies and procedures
• Manage corporate action processing, such as dividends and stock splits, ensuring accurate reflection in client accounts
• Complete regulatory reporting tasks, including CAT reporting, rule 606, and best execution analysis
• Assist with operational compliance, finance, and new product initiatives
• Continually seek out and implement efficiencies and process improvements. Actively analyze problems and implement corrective action
• Assist with regulatory inquiries and exams, including document and data retrieval
• Perform periodic enhanced reviews, specifically related to trade reporting