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Regulatory Compliance Specialist (APAC)

Galaxy Digital LP

Galaxy Digital LP

Legal
Hong Kong
Posted on Saturday, May 27, 2023

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 multiple synergistic business lines: Trading, Asset Management (passive and active strategies), Principal Investments, Investment Banking Services, and Mining. 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 offices in Chicago, Bahamas, London, Amsterdam, Tokyo, Hong Kong, the Cayman Islands (registered office), and New Jersey.

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’s Hong Kong team form the cornerstone of our APAC operations. As the world of digital assets continues to grow, we are committed to staying ahead of the curve including taking a pro-active posture towards the developing legal and compliance landscape. We are currently seeking an experienced Legal & Compliance team member, reporting to the General Counsel, to join the oversight team for our regional business lines and help steer our global compliance function.

What You’ll Do:

  • Continuous development of regulatory strategies, policies, and procedures for cryptoasset activities in the APAC region across trading, investment banking, and asset management, including managing regulatory change and uncertainty.
  • Advise on, and monitor firm compliance with, relevant regulations, international guidelines, and industry best practices across all business lines, including cryptoassets.
  • Act as legal counsel and primary resource for the Hong Kong office on local matters, including governance, employment and general corporate matters.
  • Conduct ongoing monitoring of the firm's activities to identify potential risks and develop appropriate mitigating measures.
  • Document negotiation relating to current and future counterparty engagements (MLA, ISDA, etc).
  • Provide guidance and training to staff on compliance matters related to cryptoassets and ensure they are well-informed regarding relevant regulatory requirements and changes.
  • Liaise with SFC and other regulatory authorities on relevant matters.
  • Collaborate with internal stakeholders including legal, risk, and technology teams to maintain a robust and up-to-date compliance framework for cryptoasset activities.
  • Conduct periodic compliance reviews and risk assessments and prepare Senior Management/regulatory reports.
  • Keep abreast of new regulations and industry trends in the cryptoasset space and make recommendations to the management on necessary enhancements to the firm's compliance framework.

What We’re Looking For:

  • A degree in Law is required with five to eight years of PQE experience in the area of financial services. A degree in Finance, Economics or other advanced degree or relevant professional certification (e.g., ACAMS, ICA, CFE) is highly desirable.
  • Experience in compliance or regulatory affairs, with a demonstrable understanding of SFC and MAS regulatory frameworks including in relation to cryptoassets. Knowledge of other relevant international regulatory frameworks (HK, US, FATF) preferable.
  • In-house experience providing legal advice on general corporate matters in the region.
  • Understanding of regulatory frameworks governing the cross-border distribution of financial products within the APAC region.
  • Familiarity with blockchain technology, digital assets, and the cryptoasset ecosystem.
  • Demonstrated experience in developing, implementing, and monitoring compliance policies and procedures in a complex environment.
  • Excellent communication and interpersonal skills, with the ability to explain complex regulatory concepts to a diverse audience.
  • Strong analytical and problem-solving skills, with a keen attention to detail and the ability to manage multiple tasks and deadlines simultaneously.
  • A commitment to ethical behaviour, integrity, and confidentiality in dealing with sensitive information.
  • Spoken and written languages: Fluent in English, Proficient in Chinese

What We Offer:

  • Competitive base salary, bonus, and equity compensation
  • Competitive paid time off
  • Company-paid health and protective benefits for employees and their eligible dependents
  • Free virtual coaching sessions through Ginger
  • Free daily snacks in-office
  • Opportunities to learn about the Crypto industry
  • Smart, entrepreneurial, and fun colleagues

*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.