Head of Global Regulatory Compliance, FalconX
$248-341k
+ Bonus, Equity
Digital asset trading platform
Be an early applicant
Digital asset trading platform
201-500 employees
Be an early applicant
$248-341k
+ Bonus, Equity
201-500 employees
Company mission
To build the connective tissue for open, permission-less, and truly global digital assets to be adopted by mainstream institutions at scale.
Role
Who you are
- The ideal candidate should have at least 10 years of licensing and regulatory compliance experience managing financial licenses in the FinTech, Crypto or banking sector
- Bachelor’s degree in Finance, Economics, Law, Business Administration, or a related field, or Juris Doctor Preferred
- Expert in global regulatory frameworks and requirements relevant to crypto and trading firms. Experience managing regulatory compliance obligations both within the United States and abroad
- Proven background of interacting with regulators during both the application process and after receipt of licensure
- Proven ability to manage multiple projects simultaneously and meet deadlines
- Previous experience working with derivative products and associated regulatory regimes is nice-to-have
- Strong communication and presentation skills
What the job involves
- The Head of Global Regulatory Compliance will be responsible for global licensing (including strategy, advisory, application preparation, maintenance, regulatory exam management) third party audits, third party risk management, outsourcing, governance, MIS reporting, conflicts of interest, complaints handling, business continuity, privacy, anti bribery corruption and advisory to business units
- The candidate will report to the Global Chief Compliance Officer (“Global CCO”) and work closely with regional CCOs
- Prepare application materials for new licenses, ensuring a cohesive strategy between local and central requirements and controls
- Lead engagement with regulators (i.e., authorizations teams and supervisory teams) in jurisdictions where FalconX either holds or seeks licenses
- Prepare responses to ad hoc queries received by FalconX from its regulators
- Manage inspections or examinations conducted by FalconX's regulators
- Oversee findings resulting from inspections, audits, and regulatory examinations to ensure they are appropriately tracked and remediated in a timely manner
- Oversee the performance of gap analysis assessments on changes in regulation and legislation that may impact FalconX's licensed entities
- Develop cross-functional partnerships with legal, finance, security, business, technology, and product teams to achieve maximum harmony in license acquisition and maintenance
- Direct the mapping of regulatory requirements across key jurisdictions to the firm’s policies, procedures, and risk controls, ensuring a proactive approach to compliance management
- Implement and execute policies and procedures that govern FalconX’s adherence to regulatory compliance: third party risk management, third party audits, outsourcing, governance, MIS reporting, conflicts of interest, complaints handling, business continuity, anti bribery corruption, privacy and advisory to business units
- Develop and oversee a comprehensive regulatory compliance training program to enhance the regulatory awareness and adherence across the firm
- Facilitate strategic planning sessions with senior management to align the regulatory compliance strategy with the firm's overall business objectives
- Work collaboratively with regional CCOs, compliance teams, business units, and external partners to ensure effective strategy and execution
Our take
FalconX is driving the decentralized financial future with its digital asset trading platform, catering specifically to institutional users. Offering a suite of tools, from trade execution to market making and credit management, FalconX simplifies crypto strategy management through a unified interface.
Renowned institutions like Accel and Tiger Global have adopted FlaconX, recognizing it as a leader in the space. Notably, the company earned the prestigious FinTech Breakthrough's 2023 DeFi Innovation Award for its FalconX 60 platform, a testament to its pioneering role in digital investment and risk management.
As institutional demand for crypto assets surges in the Asia-Pacific region, FalconX is expanding its footprint into Hong Kong. The company's decision to offer over-the-counter brokerage and crypto derivatives services aligns with the region's growing interest in virtual assert innovation and regulatory advancements. With a commitment to innovation and a proactive approach to expansion, FalonX is well-positioned to further solidify its position as a leading player in the digital asset trading space.
Freddie
Company Specialist at Welcome to the Jungle
Insights
Company
Funding (last 2 of 4 rounds)
Jun 2022
$150m
SERIES D
Aug 2021
$210m
SERIES C
Total funding: $427m
Company HQ
East San Mateo, San Mateo, CA
Articles
Leadership
Raghu Yarlagadda
(Co-Founder & CEO)Co-founder and CTO at Sarada Educational Institutions. Former Advisory Board Member at JoyUp, and Product Lead at eightfold.ai.
Prabhakar Reddy
(Co-Founder)Previously an Investor with Accel Partners, Partner at Singularity Ventures, and CEO at Dramatize. Also co-founded and was CEO of nFusion.
Salary benchmarks
We don't have enough data yet to provide salary benchmarks for this role.
Submit your salary to help other candidates with crowdsourced salary estimates.
Share this job
View 20 more jobs at FalconX