Chief Compliance Officer

Chief Compliance OfficerRegistered execution-only, agency broker-dealer focusing on supporting low latency trading activity for institutional and retail clients trading for the US markets via various APIs, front-ends, and order management systems. . The executing broker is a direct member of all of the US Equity Exchanges, has access to all US Options Exchanges, and multiple market makers and is currently clearing through a number of clearing firms as an introducing broker dealer. The firm is also a member of the NFA and is in the process of building out a retail offering for futures. In addition, the firm is in the process of applying for self-clearing for its retail business. While the position is primarily focusing on the registered broker-dealer the individual will be expected to assist with other related projects for the firm.

The company has been in existence since for over 20 years, and since 2010 has been focused on providing electronic trading services to institutional and retail investors, in U.S. equities and options.

This person will be instrumental in helping keep the firm’s broker-dealer, and related regulated entities, at the peak of compliance and providing guidance and attention to the companies launching and conducting their current business model, as well as supervising a staff of Compliance professionals. They will also be expected to help build, maintain and monitor the firm’s internal and external policies to ensure compliance is at the heart of all activities. This position offers a unique chance to get exposure to securities law, anti-money laundering law, and fintech, while learning business, compliance and legal skills invaluable to any high-growth company.

What you'll be expected to do:Leading and managing the compliance team Design, implement, and drive adoption of the firm’s compliance procedures and policies for its broker-dealer;Develop, prepares and submits all reporting compliant with regulatory requirements;Review current processes and procedures to ensure compliance and makes necessary adjustmentsResponsible for all compliance related tasks are reviewed and completed on timeWork with various teams within the firm to implement and verify compliance processes Run various committees including risk, market access, CAT, Best-ExCreate a culture of compliance that is predictable, consistent and sustainable for future growthLead special training, audits, and compliance risk management best practices;Work closely with the Legal Department to help build out and manage procedures and policies necessary to prepare for and conduct campaigns on the firm’s platform efficiently;Direct the development and implementation of correction plans for out of compliance situations, as well as monitor results for success;Liaise with business teams (including Business Development, Marketing, Onboarding) to answer questions, identify risk and help mitigate them;Monitor public-facing materials and updates (using current Compliance Department staff) to ensure each campaign is staying compliant;Monitor internal know-your-customer (“KYC”) and anti-money laundering (“AML”) programs, supervising the firm’s current AML Team;Research rules and regulations to implement best practices; and apply pragmatism to a complicated regulatory environment, with the assistance of the Legal Department;Stay current with upcoming regulatory changes and incorporates into policies and procedures for on-going compliance;Maintain related regulatory records for accurate information on various procedures and approvals;Maintain quality customer relations with emphasis on service, delivery of quality work product, and support of business needs and requirements, working with business leadership to develop corrective actions for the more complex compliance problems; andDirect Compliance staff, including: performance management, salary planning and administration, training and development, work flow, organization.

The candidate should have:Dedicated, disciplined hard worker with strong compliance background and 10 or more years of compliance experience with a registered broker-dealer;FINRA and NFA working experience preferred Strong experience in US execution including 15c3-5, market access risk, risk management, CAT reporting, surveillance, regulatory procedures Strong knowledge in working with regulators and Exchanges, responding to regulatory inquiries Oversee and manage all compliance related functions Experience in designing and implementing procedures and company policies in compliance with State and Federal regulations;Experience leading and managing high performing teams;Demonstrated ability working with people in connection with challenging issues;Ability to effectively present information and respond to questions from groups of managers, customers, and the general public via effective written and oral communication skills;Skills in researching, interpreting, and disseminating information on compliance regulations and laws;FINRA Series 7 and 24 registrations (required), with Series 63 and Series 3 and 4 preferred additions;Strong interest in securities law, corporate finance, and/or business;Experience working at a growing and very active firms;Excellent written and verbal communication skills;Strong attention to detail;Comfortable working both independently and in a team environment, and under tight deadlines;Organized, hardworking, and fast learning; andSelf-starter who is able to roll up sleeves to get the job done.