Free Stock Trading App, Robinhood, Looks to Hire a Compliance Lead for Its Cryptocurrency Wing

Popular cryptocurrency investment app who also offers free stock trading and exchange-traded funds, Robinhood, is seeking to onboard a new chief compliance officer.

Robinhood Crypto looking for a compliance lead as the company plans for regulated expansion of the platform.

The millennial trading application and asset exchange platform, Robinhood, released a job posting for a Compliance lead in its cryptocurrency department, Robinhood Crypto LLC. The job posting on its official careers page advertises the role of Crypto Compliance Lead in the Menlo Park, California based company with roles to run the day to day “crypto compliance operations.”

Furthermore, the employee will assume the role of Chief Compliance Officer and maintain the Anti Money Laundering (AML) audits as the compliance officer in the company.

Some of the tasks assigned to the CCL position includes,

“maintaining regulatory compliance, managing regulatory reporting, managing state regulatory exams, renewing state licenses and maintaining written supervisory procedures.”

The role requires a bachelor's’ degree in economics, computer science or any liberal arts degree with long term experience managing operational risk and managing large teams and projects.

The search for a compliance officer comes in light of the recent calls by the SEC and other global financial regulators including France and Germany to regulate the digital asset field.

The free stock trading app recently raised $320 million USD in a capital funding round that valued the company at $7.6 billion USD. The company provides a quick, efficient and cheap method to buy, sell and trade cryptocurrencies across licensed jurisdictions. In August, Robinhood received their license to open a digital asset and stock trading business across the United Kingdom market.

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Lujan Odera
Lujan Odera
Lujan is a blockchain technology and cryptocurrency author and editor. He has worked in the field of cryptocurrencies and blockchain technology since 2015 helping him gain enough experience to be the writer he is today. He is known for his simple writing style that allows novices to understand the field in the simplest way.

[Alert] Use the author's self-conducted information at your own risk, do you own research, never invest more than you are willing to lose.

[Disclosure] The published news and content on BitcoinExchangeGuide should never be used or taken as financial investment advice. Understand trading cryptocurrencies is a very high-risk activity which can result in significant losses. Editorial Policy \\ Investment Disclaimer

1 COMMENT

  1. “…maintain the Anti Money Laundering (AML) audits…”

    That means you do not have privacy. Your trades cannot be anonymous. It defeats one of the main reasons for using blockchain.
    No thanks.

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