Senior Regulatory Affairs Specialist, Bitfinex

EMEA

Salary not provided

Senior and Expert level

Remote in Canada, EU, UK, US

More information about location

Digital asset trading platform

Open for applications

Digital asset trading platform

201-500 employees

FintechB2CB2BCryptocurrencyTrading

Open for applications

Salary not provided

Senior and Expert level

Remote in Canada, EU, UK, US

More information about location

201-500 employees

FintechB2CB2BCryptocurrencyTrading

Company mission

To give users the ultimate cryptocurrency trading experience.

Job

Company

Role

Who you are

The successful candidate is someone with a deep understanding of legal and regulatory requirements pertaining to the crypto-asset industry in the Europe / Middle East (“EMEA”) region, and who is excited by the opportunity to apply their existing regulatory experience in an exciting and dynamic business environment
Minimum of 5 years regulatory experience within the financial services or crypto-asset industry
Ability to apply knowledge of key regulatory frameworks in the EMEA region both strategically and operationally and provide direction to resolve complex regulatory issues
Expertise in preparing regulatory analysis including the preparation and execution of interactions with regulatory authorities, such as regulatory consultation response submissions
Communication: Exceptional communication skills, both written and verbal, with experience in public speaking and representing companies in regulatory discussions
Must be a strong team player, and willing to be fully engaged with key stakeholders both in our company but also with our partners. Must have hands-on professional capable of working collaboratively and independently, with excellent verbal and written communication skills
English speaking, Arabic is a plus
University degree

What the job involves

Bitfinex and its affiliated entities (e.g. Tether) are searching for an organized self-starter to join our Regulatory and Licensing team
To succeed in this role, the incumbent will continuously strive to self-develop and enhance their skill sets including understanding the Company’s products and services, blockchain technology, crypto-assets and the regulatory requirements in the EMEA region
You will have a focus around translating regulatory requirements in the EMEA region into clear and actionable strategic recommendations, managing relationships and communications between various stakeholders both internal and external to the business
You will report to the regional Lead within the Regulatory and Licensing department, and work alongside project managers and members of the wider business to execute on licensing initiatives in different parts of the globe
Regulatory Strategy Development: development and execution of regulatory strategies, identifying preferable market/s in the region from which to operate
Regulatory Advocacy and Collaboration: participating in regulatory agency interactions, engaging with relevant regulatory authorities, industry bodies, and policymakers to shape the regulatory landscape for crypto-asset service providers, advocating for policies that promote innovation while ensuring safety and compliance
Policy Analysis and Guidance: Provide analysis on local regulatory proposals, and advise the business on potential regulatory risks and opportunities, while driving initiatives to influence regulatory frameworks as well as monitoring for change across regulations to ensure proactive compliance
Regulatory approval process: contribute to the process of obtaining necessary license approvals in identified markets, where appropriate
Cross-functional Leadership: Collaborate with internal teams (e.g., legal, compliance, finance) to ensure alignment with regulatory requirements and to proactively address emerging regulatory challenges

Our take

Since its 2012 founding, Bitfinex has consistently been one of the world’s largest crypto exchanges, supporting over 150 currencies and offering multiple trading options. Its popularity is largely down to how user friendly it is for all levels of trader, from beginner to pro.

For all its popularity, it’s impossible to ignore the controversies the company has faced, along with its sister currency Tether. This includes hacking, a highly publicized settlement over an alleged $850 million loss cover-up, and its involvement in a shadow banking operation which landed the perpetrator 6 years in prison.

It’s also worth noting however, that bad press has dogged a lot of major players in the crypto world. Bitfinex’s supporters don’t seem to have been swayed by the headlines, and the company continues to move on. In 2022, it gained access to the Single Euro Payments Area (SEPA), and the company is hoping to gain regulatory approval and licensing around the world.