Corporate Development Principal

Kraken | United Kingdom | EU Time Zones
Fully remote | Full Time | 5 Nov, 2018

Vacancy description

By joining Kraken, you’ll work on the bleeding edge of bitcoin and other digital currencies, and play an important role in helping shape the future of how the world sees and uses money. At Kraken, we constantly push ourselves to think differently and forge new paths in a rapidly growing industry fraught with unexplored territory, which is why Kraken has grown to be among the largest and most successful bitcoin exchanges in the world. If you’re truly interested in pushing the envelope by disrupting an industry that some say cannot be disrupted, then we just might have the job meant for you. Kraken is a place for dreamers and doers - to succeed here, we firmly believe you must possess each in spades.

Responsibilities
    • Help drive Mergers and Acquisitions (M&A) strategy to drive Kraken’s growth plan
    • Actively drive projects in the M&A space independently
    • Actively identify, source, and meet with acquisition prospects
    • Manage acquisition assessment
    • Work with cross-functional diligence teams, such as product, engineering, finance, legal, marketing, and others
    • Negotiate purchase structures and deal terms
    • Build financial models to support valuation, write investment memos, and build presentations for senior leadership
    • Help establish key benchmarks for post-integration planning
    • Be an industry expert on the Crypto/Blockchain industry and attend select industry events
Skills and Experience
    • 5+ years of experience in corporate development or a related field - venture capital, investment banking, strategy consulting, etc.
    • Strong knowledge of the Crypto/Blockchain industry
    • Experience with driving multiple business deals through all phases - opportunity identification, negotiation, legal review, and close
    • Excellent analytical skills - experience building DCFs, financial growth models, revenue projections, market data models, etc.
    • Background or knowledge of software/internet products and services
    • Knowledge of global financial regulations and the financial services industry
    • International business experience a plus

Desired skills

There are no specific skills required for this role.

About Kraken

Based in San Francisco, Kraken is the world’s largest global bitcoin exchange in euro volume and liquidity. Kraken’s clients also trade US dollars, Canadian dollars, British pounds, Japanese yen and other digital currencies, including ether, on a platform consistently rated the best and most secure bitcoin exchange by independent news media.

Founded in 2011, Kraken was the first bitcoin exchange to have its market data displayed on the Bloomberg Terminal, the first to pass a cryptographically verifiable proof-of-reserves audit, a partner in the first cryptocurrency bank, and one of the first exchanges to offer leveraged bitcoin margin trading. Kraken is trusted by millions of traders, institutions, and authorities across the world, from Toyko’s court-appointed trustee to Germany’s BaFin regulated Fidor Bank. In January 2016, Kraken announced that it was acquiring prominent bitcoin exchanges Coinsetter and Cavirtex to expand into American and Canadian markets. In 2019 Kraken acquired Crypto Facilities a registered futures platform.

Kraken is backed by investors including, Money Partners Group, Hummingbird Ventures, Blockchain Capital, and Digital Currency Group, among others.

"We wake up every single day determined to change the world by delivering a great exchange. Bitcoin is more than just a new way to make purchases. It’s even more than a protocol for exchanging value over the internet without an intermediary. We are empowering people to live simply, efficiently and more connected to others. We put our clients’ best interests first and foremost. They are at the heart of our company and drive everything we do. We believe in having a laser focus when pursuing our strategic goals and participate only in markets where we can make a significant contribution. We believe in complete transparency, deep collaboration and we never forget that people come first. Having this mindset allows us to grow and advance at a rate which others cannot."
Jesse Powell, CEO of Kraken

Corporate Development Principal

Kraken | United Kingdom | EU Time Zones
Fully remote | Full Time | 5 Nov, 2018