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Full-Time

UK/FCA Regulatory Reporting Lead

Updated on 10/17/2024

Galaxy

Galaxy

501-1,000 employees

Provides secure investment solutions for cryptocurrencies

Fintech
Financial Services

Senior

London, UK

Category
Risk & Compliance
Legal & Compliance
Requirements
  • Bachelors Degree in Accounting or Finance
  • ACA Qualified accountant with at least 7+ years of experience
  • Experience within an FCA regulated environment
  • Good working knowledge of UK GAAP, US GAAP, IFRS
  • Understanding of general ledger and performance of financial reconciliations
  • Strong analytical and problem-solving abilities
  • Excellent communication and people skills
  • Ability to work under pressure and meet tight deadlines
Responsibilities
  • Prepare and submit necessary regulatory reports and returns (FCA MIFIDPRU 9) to ensure accuracy and compliance with relevant regulatory rules.
  • Ensure that regulatory requirements are complied with and acted upon as required.
  • Prepare and update annual ICAAP and ILAS papers.
  • Collaborate with various lines of business and assist with the production of information to be reported in the annual ICARA and public disclosure.
  • Function as a primary point of contact with the FCA and manage all regulatory examination engagements, audits, and inquiries.
  • Assist with ongoing automation, system, process, and control improvements.
  • Continually assess the adequacy of internal processes, data and controls which support the production of regulatory returns and implement enhancements to increase efficiency and strengthen the control framework as required, including keeping standard operating procedures up to date.

Galaxy.com provides access to cryptocurrencies and blockchain-based assets, primarily targeting institutional clients such as companies and investors. Their investment solutions include both passive funds, which allow for exposure to digital assets without active management, and active funds managed by experienced crypto experts. This dual approach caters to the varying needs of sophisticated investors. Galaxy.com generates revenue through management fees on assets under management and offers secure, end-to-end solutions for managing blockchain assets without third-party custody. They also prioritize education and research, partnering with data providers like Bloomberg to deliver reliable information and offering resources like masterclasses to help clients understand digital assets. The company's goal is to lead in the digital asset space by providing secure, expertly managed investment options and comprehensive educational support.

Company Stage

IPO

Total Funding

$523M

Headquarters

New York City, New York

Founded

2018

Growth & Insights
Headcount

6 month growth

8%

1 year growth

25%

2 year growth

38%
Simplify Jobs

Simplify's Take

What believers are saying

  • The acquisition of CryptoManufaktur expands Galaxy's Ethereum staking portfolio, enhancing their blockchain infrastructure capabilities.
  • Collaborations with major financial institutions like State Street to develop active crypto trading products indicate strong growth potential and market influence.
  • Galaxy Ventures' involvement in funding innovative projects like Renzo and Plume Network showcases their commitment to advancing the digital asset ecosystem.

What critics are saying

  • The rapidly evolving and highly competitive digital asset market requires continuous innovation to maintain a competitive edge.
  • Dependence on the volatile cryptocurrency market can lead to significant fluctuations in revenue and client interest.

What makes Galaxy unique

  • Galaxy.com focuses on institutional clients, offering both passive and active investment funds tailored to sophisticated investors, unlike many competitors who target retail investors.
  • Their end-to-end solutions for managing blockchain-based assets without third-party custody services provide a unique value proposition in terms of security and reliability.
  • Partnerships with trusted data providers like Bloomberg enhance their educational resources, setting them apart as a knowledge leader in the digital asset space.

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