Chief Compliance Officer

DriveWealth - New York City, NY

Full-time - Senior

New York City, NY

Publishing Industries

About the position

As Chief Compliance Officer, you will lead and manage the broker-dealer compliance team, oversee the development and implementation of compliance programs, monitor regulatory changes and provide guidance to cross-functional teams in a fast-paced environment. You'll be responsible for ensuring compliance with FINRA and SEC rules along with all applicable laws, regulations and policies.

Responsibilities

• Establish and maintain standards and procedures that are effective in identifying, preventing, detecting and remediating regulatory issues at a tech-enabled broker-dealer
• Oversee the broker-dealer compliance program functions including 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 that is responsible for registrations and lead the following: coordination of broker-dealer audits, inspections, reviews, and examinations; monitor complaints; 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 working 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, handle multiple projects and present clear recommendations to business stakeholders
• Experience influencing a good corporate culture and ethics

Nice-to-haves

• Trading and back office experience