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Director of Broker Dealer Compliance
Ref No.: 18-02911
Location: New York, New York
Position Type:Full Time
Pay Rate : $ 125,000.00 - 150,000.00 /Year
We are seeking a broker-dealer compliance professional to serve as the CCO for the firm's SEC-registered broker-dealer
As the Director of Broker-Dealer Compliance, you will report to the overall CCO, and lead compliance for the broker-dealer with a specific focus on the equity trading business(es), including all related clearance, settlement and operational elements, and will be responsible for drafting written supervisory procedures, developing and implementing a robust compliance and supervisory framework, evaluating internal controls, and implementing pragmatic solutions. This hire will also work closely with the brokerage operations team and other legal and compliance stakeholders to maintain a well-run compliance program while achieving business goals.  
Must have an entrepreneurial drive combined with the ability to think strategically
What you'll do:
  • Maintain a Client Rule 3010/3012 compliance and supervisory program for institutional and retail equities trading, including operations / middle office, trade settlement, and transaction reporting (e.g., TRF, OATS, 605/606).
  • Serve as subject matter expert for Client, SEC, and exchange rules relating to equities trading and the impact of regulations.
  • Develop and maintain the compliance surveillance and testing program, including the creation of exception reports for ongoing monitoring as well as periodic sampling and risk-based reviews of trading activity culminating in a Client 3130 compliance attestation.
  • Draft written supervisory procedures, desk manuals and pertinent regulatory updates surrounding rule changes, new rule implementation, and industry developments.
  • Manage and respond to regulatory inquiries for all businesses, and act as a point of contact for third-party due diligence partners and for regulatory examinations, including regular cycle, FINOP, and TMMS exams.
  • Develop and deliver the continuing education program as well as mentoring and training for licensed professionals, including the Firm Element and Annual Compliance Meeting.
  • Actively participate in industry compliance training and maintain awareness of the evolving landscape (i.e. Client training, compliance and product training, etc.).
  • Ensure accurate and timely filings of required regulatory documents including Form Client and other periodic filing requirements.
What we're looking for:
  • 7+ years of compliance experience, including direct experience as a senior compliance professional at a broker-dealer
  • Series 7 and Series 24 required
  • Deep knowledge of Client regulations
  • Knowledge of customer identification and anti-money laundering rules relating to retail client onboarding and account maintenance
  • Strong project management skills with an emphasis on coordinating across teams and functions
  • Exemplary attention to detail, exceptional analytical skills, and strong judgment skills
  • Highly-developed interpersonal skills and an aptitude for building strong relationships through the use of engaging, courteous, and persuasive communication styles
  • High open-mindedness, high conscientiousness, and high equanimity
  • Bachelor's degree required
Gold Stars:
  • Juris Doctor
  • Prior experience as a regulator
  • Prior experience with financial technology, online trading, and/or algorithmic trading