Managing Director, Kraken MENA (CEO)

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About Kraken

As one of the largest and most trusted digital asset platforms globally, we are empowering people to experience the life-changing potential of crypto. Trusted by over 8 million consumer and pro traders, institutions, and authorities worldwide - our unique combination of products, services, and global expertise is helping tip the scales towards mass crypto adoption. But we’re only just getting started. We want to be pioneers in crypto and add value to the everyday lives of billions. Now is not the time to sit on the sidelines. Join us to bring crypto to the world.

About the Role

Kraken is a market leader in one of the most innovative and fast growing industries in the world. We are expanding and innovating throughout all aspects of the company to support this rapid growth, and to ensure that we can effectively execute on our highly ambitious short-, medium- and long-term plans for regional product and market growth.

As the CEO of Kraken MENA, you will report to Kraken’s Managing Director, EMEA and be responsible for overseeing the deployment of Kraken’s operating infrastructure and commercial expansion in the MENA region. You will serve a critical role on a team that is key to Kraken’s regional vision. You will be expected to operate effectively in a highly cross-functional context, working directly with Kraken executive leaders and global function heads. You will have a unique opportunity to drive initiatives that directly impact the company’s bottom line, helping the organization maintain hyper-growth in this incredibly exciting, innovative and expanding industry.

This role is local to the United Arab Emirates (UAE).

Responsibilities

  • Manage Kraken MENA profit & loss (“P&L”) and all local operations, being responsible for the overall performance and success of Kraken in key MENA markets.
  • Develop and implement regional product and market strategies in concert with Kraken executive leadership.
  • Maintain and execute Kraken’s MENA business plan to maximise market share, client growth, product opportunities, and profitability. 
  • Build and manage the Kraken MENA regional team, including compliance, finance, security/IT, and other operations functions.
  • Guide Kraken MENA in preparing and completing regulatory examinations and audits.
  • Lead engagement with regional governments and regulators.
  • Drive relationships with regional financial institution partners, including domestic and international banks.
  • Lead regional communication efforts to advance and differentiate the Kraken brand.

    • Requirements

  • Eligible to work in the UAE.
  • 12+ years of experience in general management, operations, and/or business development.
  • Proven experience in P&L management, either as CEO, COO, or head of a business unit, leading teams and businesses at scale.
  • Experience in operating a licensed financial service in a relevant industry; e.g., crypto/blockchain, fintech, financial services, or brokerage/exchange.
  • Prior experience owning relationships with financial regulators on behalf of commercial entities.
  • Qualified to serve on the boards of directors of Kraken regional subsidiaries, being in good standing with respective regulators and industry bodies.
  • Expertise in financial products and regulatory compliance, including AML, capital markets, and crypto regimes. 
  • Strong command of financial statements and fiduciary duties.
  • Analytical expertise and data-driven decisioning skills, mastery of financial models, projections, etc.
  • Excellent presentation and communication skills; public relations experience preferred.
  • Fluency in English and Arabic.

    • Preferred Expertise

  • Strong, demonstrated interest in, and knowledge of, crypto assets and blockchain technologies.
  • Technical background in, or knowledge of, software/internet products & services, particularly in a product development context.
  • Post-merger integration (PMI) change management; MENA-specific experience preferred.
    • We’re powered by people from around the world with their own unique and diverse experiences. We value all Krakenites and their talents, contributions, and perspectives, regardless of their background. 

    As an equal opportunity employer we don’t tolerate discrimination or harassment of any kind. Whether that’s based on race, ethnicity, age, gender identity, citizenship, religion, sexual orientation, disability, pregnancy, veteran status or any other protected characteristic as outlined by federal, state or local laws. 

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