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Sr. Principal, Business Operations

Building the Future of Crypto 

Our Krakenites are a world-class team with crypto conviction, united by our desire to discover and unlock the potential of crypto and blockchain technology.

What makes us different?

Kraken is a mission-focused company rooted in crypto values. As a Krakenite, you’ll join us on our mission to accelerate the global adoption of crypto, so that everyone can achieve financial freedom and inclusion. For over a decade, Kraken’s focus on our mission and crypto ethos has attracted many of the most talented crypto experts in the world.

Before you apply, please read the Kraken Culture page to learn more about our internal culture, values, and mission. We also expect candidates to familiarize themselves with the Kraken app. Learn how to create a Kraken account here.

As a fully remote company, we have Krakenites in 70+ countries who speak over 50 languages. Krakenites are industry pioneers who develop premium crypto products for experienced traders, institutions, and newcomers to the space. Kraken is committed to industry-leading security, crypto education, and world-class client support through our products like Kraken ProKraken NFT, and Kraken Futures.

Become a Krakenite and build the future of crypto!

Proof of work

The team

Business Operations is the nerve center of the company, leading the charge on planning, business intelligence, performance measurement, and transformational initiatives. The team has deep insight into the metrics that drive the business and works cross-functionally to ensure all Krakenites are working in tandem to reach and exceed Kraken’s goals. 

This Director role will play a significant part in driving cross-functional transformation efforts across the firm and strategic planning activities. This role will partner with cross functional stakeholders, such as Product, Engineering, Compliance, Legal, Finance, and Kraken's Executive team, to deliver on strategic projects that will shape our business for years to come!

The opportunity

  • Lead cross-functional efforts to implement transformational initiatives that radially improve existing processes or drive operating efficiencies that lead to more optimal business outcomes

  • Define and ensure accountability for Kraken’s enterprise KPIs, and drive analytic insights to inform decisions that shape both Kraken’s company strategy and the near-term direction of Kraken’s Product and commercial teams

  • Lead multi-product, multi-functional integration initiatives resulting from strategic acquisitions and partnerships, with the objective of maximizing deal synergy and enterprise value

  • Manage Kraken’s enterprise operations model, at the nexus of the operations of multiple functions and practices, including Finance, Tax, Legal, Compliance, People, and Risk

  • Lead Kraken's quarterly planning efforts and own the process of preparing and presenting periodic business reviews, board presentations, and internal leadership communications that clearly articulate the key drivers of Kraken’s performance

  • Build and maintain close relationships with cross-functional stakeholders, including all product and corporate functions critical to business performance

  • Provide hands-on coaching and mentorship to take our stellar Business Operations team to even greater heights 

Skills you should HODL

  • 10+ years of experience in a similar business operations capacity, ideally at high-growth technology companies in the fintech or crypto spaces, or with a top-tier management consulting firm or investment bank

  • Analytical powerhouse, with ninja-like ability to pick apart a business and drive critical insights that lead to operational improvement

  • Excellent written and verbal communication skills (i.e., ability to distill complex ideas into tight frameworks and storytelling)

  • Experience leading successful company planning exercises for hyper-growth companies, leading to strong business outcomes in subsequent cycles

  • Experience leading and implementing large, complex cross-functional initiatives from inception to completion in a remote working environment

  • Strong executive presence and a track record of driving effective decisions and progress on challenging initiatives

  • Strong crypto conviction and alignment with Kraken’s mission, with demonstrable independent interest in the space; industry experience not required, though preferred

#LI-Remote #UKEU #US #CANADA #EU #LI-AG1

This job is accepting ongoing applications and there is no application deadline.

Please note, applicants are permitted to redact or remove information on their resume that identifies age, date of birth, or dates of attendance at or graduation from an educational institution.

We consider qualified applicants with criminal histories for employment on our team, assessing candidates in a manner consistent with the requirements of the San Francisco Fair Chance Ordinance.

Kraken is powered by people from around the world and we celebrate all Krakenites for their diverse talents, backgrounds, contributions and unique perspectives. We hire strictly based on merit, meaning we seek out the candidates with the right abilities, knowledge, and skills considered the most suitable for the job. We encourage you to apply for roles where you don't fully meet the listed requirements, especially if you're passionate or knowledgable about crypto!

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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Average salary estimate

$150000 / YEARLY (est.)
min
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$120000K
$180000K

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What You Should Know About Sr. Principal, Business Operations, Kraken

At Kraken, we’re searching for a passionate and results-driven Sr. Principal of Business Operations to join our dynamic London team! Here at Kraken, we pride ourselves on driving the future of crypto, and this role is pivotal in steering our cross-functional transformation efforts. As a Sr. Principal in Business Operations, you'll be working alongside talented individuals who share a relentless pursuit for financial freedom through crypto technology. Your insights and strategic planning will play a crucial role in defining enterprise KPIs and enabling all Krakenites to achieve our mission of accelerating global crypto adoption. You will lead initiatives that focus on improving existing processes, driving operational efficiencies, and managing the intricacies of our enterprise operations model. Crafting impactful board presentations and collaborating with functions from Finance to Engineering are just a part of your day-to-day. But it’s not all about numbers; you’ll also get the chance to mentor and uplift our exceptional Business Operations team. We welcome applicants with diverse experiences in high-growth tech, fintech, or even a top-tier consulting background. If you're looking to make a significant impact in a company that's dedicated to crypto values, Kraken is the right place for you!

Frequently Asked Questions (FAQs) for Sr. Principal, Business Operations Role at Kraken
What does the Sr. Principal of Business Operations do at Kraken?

The Sr. Principal of Business Operations at Kraken leads cross-functional transformation initiatives, drives enterprise KPIs, and collaborates with various functions like Product, Engineering, and Legal. This role is crucial in implementing processes that improve efficiencies and shape Kraken’s strategic direction.

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What qualifications are necessary for the Sr. Principal of Business Operations at Kraken?

To be successful as a Sr. Principal of Business Operations at Kraken, candidates should have over 10 years of experience in business operations within high-growth tech or fintech fields. Strong analytical skills and excellent communication abilities are essential, along with a passion for the crypto space.

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What is the working environment like for a Sr. Principal of Business Operations at Kraken?

Kraken offers a fully remote working environment, allowing Sr. Principals of Business Operations to collaborate with talented individuals from over 70 countries. This dynamic setting promotes flexibility and fosters a culture committed to innovation and excellence.

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How does the Sr. Principal of Business Operations contribute to Kraken's mission?

As a Sr. Principal of Business Operations, you will directly support Kraken's mission to drive global crypto adoption by implementing strategic initiatives that enhance business performance and operational efficiency, ultimately contributing to financial freedom for everyone.

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What are some key responsibilities of the Sr. Principal of Business Operations at Kraken?

Key responsibilities include leading transformational initiatives, defining enterprise KPIs, managing the company’s operations model across multiple functions, and mentoring team members. This role is critical in guiding Kraken's strategies and improving operational outcomes.

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Will I need prior crypto experience for the Sr. Principal of Business Operations role at Kraken?

While prior experience in the crypto industry is preferred, it is not strictly required. At Kraken, we value diverse backgrounds and skills, and applicants passionate about the crypto space are encouraged to apply regardless of their previous industry experience.

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What are the career growth opportunities for a Sr. Principal of Business Operations at Kraken?

Individuals in the Sr. Principal of Business Operations position at Kraken can find numerous career growth opportunities, including leadership roles in strategic planning, business intelligence, and operational management while contributing directly to the evolving landscape of cryptocurrency.

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Common Interview Questions for Sr. Principal, Business Operations
How do you approach cross-functional collaboration in your previous roles?

In my previous roles, I employed clear communication and goal alignment to foster collaboration. I ensured all stakeholders understood their roles and the overall objectives, which helped drive projects to successful completion.

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Describe a transformational initiative you led and its impact.

I led a cross-departmental initiative to streamline our onboarding process, which resulted in a 30% reduction in time-to-hire. This included gathering insights from various teams and implementing feedback loops for continuous improvement.

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What metrics do you consider important in measuring business performance?

Key performance indicators such as customer acquisition cost, customer lifetime value, and operational efficiency ratios are crucial. They provide insight into company performance and help inform strategic business decisions.

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Can you give an example of how you've dealt with ambiguity in a project?

When faced with ambiguity, I gather data, engage stakeholders, and test assumptions through pilot projects. This helps clarify objectives and refine processes, allowing the team to move forward confidently.

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How have you mentored junior team members in your past experiences?

I prioritize one-on-one coaching sessions, providing actionable feedback and sharing resources. I also encourage them to take ownership of small projects to build their confidence and skills while supporting them throughout the process.

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What steps do you take to ensure accountability within a team?

I establish clear expectations, set deadlines, and use project management tools to track progress. Regular check-ins foster communication and encourage team members to share challenges and seek guidance proactively.

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What strategies do you use for effective stakeholder communication?

I tailor communication styles based on audience needs, provide regular updates, and prioritize transparency. I also encourage open feedback channels to ensure stakeholders feel involved and informed.

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How do you simplify complex ideas for presentation to executive teams?

I utilize visual aids, bullet points, and executive summaries to distill complex ideas. My focus is on clarity, ensuring that the key messages are easily understood and actionable.

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What is your experience with managing large, complex initiatives?

I have managed multiple large-scale cross-functional projects, utilizing agile methodologies to ensure adaptability and prompt delivery. My approach includes establishing clear milestones and a collaborative atmosphere to keep the team engaged.

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Why do you want to work for Kraken as the Sr. Principal of Business Operations?

I am passionate about the potential of crypto technology to transform finance and believe in Kraken’s mission of fostering global adoption. The opportunity to drive strategic initiatives in a forward-thinking company excites me, and I align with Kraken's core values and culture.

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Full-time, remote
DATE POSTED
November 24, 2024

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