Head of UK Compliance

Who We Are:

At Galaxy we are building products and services to help the world invest in economic progress. We believe crypto and blockchain innovations will permeate and improve all aspects of our global economy. Our vision is a society where value and ownership flow as freely as information. Galaxy is a digital asset and blockchain leader helping institutions, startups, and individuals access and navigate the crypto economy. As one of the most well-capitalized and trusted companies in the industry, we provide platform solutions custom-made for a digitally native ecosystem across three complementary operating businesses: Global Markets, Asset Management, and Digital Infrastructure Solutions. Our offerings include, amongst others, trading, lending, strategic advisory services, institutional-grade investment solutions across passive, active and venture strategies, proprietary bitcoin mining and hosting services, network validator services, and the development of enterprise custodial technology. Galaxy’s CEO and Founder Michael Novogratz leads a team of crypto enthusiasts, and institutional veterans focused on the future of finance and Web3. The Company is headquartered in New York City, with global across North America, Europe and Asia.

Additional information about the Company's businesses and products is available on www.galaxy.com.

What We Value:

We are a diverse team of free thinkers, and fast movers united to help investors and creators energize the global economy. We are looking for individuals who thrive in a culture of builders and overachievers and embrace high performance, transparent feedback, and a mission-first approach. Our culture shapes our way of working and gets us where we want to be.

• Seek Excellence.
• Be Selective To Be Effective.
• Be Highly Aligned, Loosely Coupled.
• Disagree Transparently.
• Encourage Independent Decision-Making.
• Build Dream Teams.

Who You Are:

Galaxy Digital UK is a leading financial services provider in the digital asset ecosystem, offering a wide range of services including trading, investment banking, and asset management. We are committed to providing our clients with innovative solutions while maintaining the highest standards of compliance and risk management. As a firm we adhere to strict regulatory standards and are dedicated to building a team of professionals that share our values and commitment to excellence.

As the world of finance continues to evolve, we are seeking a highly experienced and dynamic Head of Compliance to lead and manage our compliance function. The successful candidate will be responsible for ensuring that our operations comply with all applicable laws, regulations, and internal policies. This role requires a deep understanding of the regulatory landscape for cryptoassets and traditional financial services in the UK, as well as strong leadership skills.

What You’ll Do:

• Regulatory Compliance: Ensure compliance with all relevant UK regulations, including FSMA, MiFID, and MLR requirements, and other regulatory obligations related to cryptoassets. Ensure the continuous development of regulatory strategies, policies, and procedures to facilitate and promote the growth of the business in the EMEA region across all operating verticals.
• Monitoring and Reporting: Establish and oversee systems for monitoring compliance with regulatory requirements and internal policies. Report on compliance activities and findings to senior management and the board. Conduct risk assessment exercises, and audits of the firm's cryptoasset activities to identify potential compliance gaps and mitigate risks.
• Foster Collaboration: Engage across departments to develop and maintain comprehensive policies and procedures to ensure a coordinated approach to compliance that proactively seeks efficiencies and opportunities.
• Training and Awareness: Design and deliver compliance training programs to employees at all levels, fostering a culture of compliance and ethical conduct.
• Liaison with Regulators: Act as the primary point of contact with regulatory bodies, including the Financial Conduct Authority (FCA). Manage all regulatory engagements examinations, audits, and inquiries.
• Stakeholder Reporting: Prepare and submit relevant reporting to senior management and regulators.
• Incident Management: Oversee the investigation of compliance incidents and breaches. Implement corrective actions and report to relevant authorities as required.
• Advisory Role: Provide advice to senior management on regional compliance and regulatory matters, and their potential impact on the business.
• Continuous Improvement: Stay abreast of industry trends, regulatory developments, and best practices. Continuously improve the compliance program to address emerging risks and regulatory changes.

What We’re Looking For:

• Education: Bachelor's degree in Law, Finance, Business, or a related field. A master's degree or relevant professional qualifications (e.g., ICA, ACAMS) is preferred.
• Experience: A minimum of 10 years of experience in compliance within the financial services industry, with significant exposure to cryptoassets and the UK regulatory environment. Demonstrated experience in developing, implementing, and monitoring compliance policies and procedures in a complex, fast-paced environment. Experience working for a regulatory authority, such as the FCA, is preferred.
• Knowledge: In-depth knowledge of FSMA, MiFID, AML/KYC requirements, and other relevant regulatory frameworks. A deep understanding of UK and EU cryptoasset regulations. Knowledge of other relevant international regulatory frameworks (HK, US, FATF) preferable. Demonstrable interest and familiarity with blockchain technology, digital assets, and the cryptoasset ecosystem.
• Skills: Strong analytical and problem-solving skills, with a keen attention to detail and the ability to manage multiple tasks and deadlines simultaneously. Ability to lead and inspire a team. Excellent communication and interpersonal skills, with the ability to explain complex regulatory concepts to a diverse audience.
• Attributes: High ethical standards, integrity, and a commitment to maintaining a culture of compliance. Ability to work effectively in a fast-paced, dynamic environment.

What We Offer:

• Competitive base salary, bonus, and equity compensation
• Company-paid health and protective benefits for employees and their eligible dependents
• Free virtual coaching and counseling sessions
• Opportunities to learn about the Crypto industry
• Smart, entrepreneurial, and fun colleagues
• Employee Resource Groups

*Benefits may vary depending on location.

Galaxy respects diversity and seeks to provide equal employment opportunities to all employees and job applicants for employment without regard to actual or perceived age, race, color, creed, religion, sex or gender (including pregnancy, childbirth, lactation and related medical conditions), gender identity or gender expression (including transgender status), sexual orientation, marital or partnership or caregiver status, ancestry, national origin, citizenship status, disability, military or veteran status, protected medical condition as defined by applicable state or local law, genetic information or predisposing genetic characteristic, or other characteristic protected by applicable federal, state, or local laws and ordinances.

We will endeavor to make a reasonable accommodation to the known limitations of a qualified applicant with a disability unless the accommodation would impose an undue hardship on the operation of our business. If you believe you require such assistance to complete the application process or to participate in an interview, please contact careers@galaxy.com.