About the Role

We are seeking a Global Head of Middle Office to join our team at Kraken, a fully remote opportunity that allows you to lead our institutional trading and lending operations. As the Global Head of Middle Office, you will play a crucial role in overseeing post-trade processes across settlement, reconciliation, and inventory management. This position is designed for someone with a strong background in middle office operations and a passion for the crypto industry.

What You'll Do

  • Lead and scale Kraken’s institutional middle office, owning the design, implementation, and optimization of processes supporting Kraken Prime, OTC, and lending activities.
  • Oversee a global team responsible for trade capture, settlement, reconciliation, and reporting.
  • Build the operational backbone that enables Kraken to scale securely and efficiently for institutional flows.
  • Develop and enforce standard operating procedures (SOPs), control frameworks, and escalation protocols to ensure operational integrity.
  • Drive inventory optimization and balance management across digital asset and fiat inventories.
  • Collaborate with front-office, finance, and technology teams to enhance systems and automate workflows.
  • Build an operational environment that meets the expectations of top-tier institutional counterparties.

Requirements

  • 5+ years of experience in middle office, trading operations, or settlements within a trading firm, OTC desk, or traditional financial institution.
  • Deep understanding of trade lifecycle management, settlement flows, and reconciliations.
  • Proven ability to design and scale operational processes in fast-paced financial environments.
  • Strong grasp of counterparty settlement processes and reconciliation tools across digital assets and traditional markets.
  • Experience managing digital asset or securities inventories across multiple venues and custodians.
  • Exceptional communication and stakeholder management skills.

Nice to Have

  • Experience working with OTC crypto trading desks or custody platforms.
  • Exposure to prime brokerage, collateral management, or repo financing.
  • Familiarity with digital asset custody and blockchain settlement.

What We Offer

  • Competitive salary range of $110,400 to $220,800 per year.
  • Fully remote work environment with Krakenites in over 70 countries.
  • Opportunity to work with a world-class team of crypto experts.
  • Access to industry-leading security and client support.
  • Continuous learning and development opportunities in the crypto space.
Why This Job8.5 of 10

This role offers a unique opportunity to lead Kraken's middle office operations in a fully remote setting, with a competitive salary and the chance to work with industry pioneers.

Salary Range
Required
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Optional
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Bonus
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About Kraken

Discover exciting career opportunities at Kraken in 2026. Browse through a variety of remote, hybrid, and office roles tailored to your skills. Utilize powerful filters to refine your search, track your applications effortlessly, and gain valuable company insights. Find your ideal job at Kraken and take the next step in your career today, with the support you need to succeed in the evolving tech landscape.

Industry
Tech
Location
Remote

Who Will Succeed Here

Proficient in advanced reconciliation techniques and tools such as SQL and Python to automate and improve settlement processes in a fast-paced crypto trading environment.

Demonstrates strong analytical skills and a proactive mindset to identify and mitigate risks in trading operations, ensuring compliance with regulatory standards.

Possesses extensive experience in middle office operations, with a deep understanding of inventory management systems and trading platforms like Bloomberg or Eikon, enabling effective oversight of institutional lending operations.

Learning Resources

Middle Office Operations: A Comprehensive Guidearticle

Career Path

Global Head of Middle Office(Now)Director of Trading Operations(1-2 years)Chief Operations Officer (COO)(3-5 years)

Market Overview

Market Size 2024
$15.2B
Annual Growth
7.5%
AI Adoption in Middle Office
35%
Investment in Risk Management Tech
+25%
Labour Demand in Trading Operations
+20%
Avg Salary for Head of Middle Office
$180K

Skills & Requirements

Required
Middle Office OperationsTrading OperationsSettlement Processes
Growing in Demand
Data Analytics in Trading OperationsBlockchain Technology for SettlementsRegulatory Compliance Management
Declining
Manual Reconciliation ProcessesLegacy Trading Systems (e.g., FIX Protocol 4.x)

Domain Trends

Increased Automation in Middle Office
Over 40% of organizations are adopting automation tools to streamline middle office operations, reducing processing times by up to 50%.
Focus on Real-Time Risk Management
By 2025, 60% of firms will implement real-time risk management systems, driven by the need for immediate insights in volatile markets.
Shift Towards Cloud-Based Solutions
Cloud adoption in middle office operations is projected to rise by 30% in the next two years, as firms seek flexibility and scalability.

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