Chief Compliance Officer

DriveWealth Holdings, Inc. - New York, NY

Full-time - Senior

New York, NY

About the position

As Chief Compliance Officer, you will lead the broker-dealer compliance team, ensuring adherence to FINRA and SEC regulations while developing and implementing compliance programs. This role involves monitoring regulatory changes and providing guidance to cross-functional teams in a fast-paced environment, with a focus on maintaining high standards of compliance within the organization.

Responsibilities

• Establish and maintain effective standards and procedures for identifying, preventing, detecting, and remediating regulatory issues.
• Oversee the broker-dealer compliance program functions, including the implementation of written supervisory procedures, transaction monitoring, AML compliance, training, and annual testing.
• Manage regulatory interactions, prepare submissions, and coordinate responses to inquiries from regulatory authorities.
• Monitor compliance issues and changes in regulations, reporting their impact on the organization to stakeholders.
• Oversee a team responsible for registrations and manage broker-dealer audits, inspections, reviews, and examinations.
• Monitor complaints and conduct surveillance and transaction monitoring and reporting.
• Manage all aspects of the Firm's AML compliance program as outlined in FINRA Rule 3310.
• Handle additional projects as needed in a rapidly changing regulatory environment.

Requirements

• Bachelor's degree and Series 7, 24 required (Series 4 optional).
• Minimum 10 years of experience in a senior compliance role (CCO or similar) within a financial services firm supporting an electronic broker-dealer.
• Strong understanding of regulatory and self-regulatory agencies' rules and regulations (specifically FINRA and SEC) with best practices in compliance management.
• Familiarity with equities, options, fixed income, mutual funds; knowledge of relevant regulations as they apply to order routing, execution services, and electronic reporting.
• Ability to read and interpret regulations, and implement changes, particularly as it relates to broker-dealer compliance.
• Strong project management, organizational, and communication skills with the ability to work independently and handle multiple projects.
• Experience influencing a good corporate culture and ethics.

Nice-to-haves

• Trading and back office experience.