Compliance Officer - FINOP's Compliance

About the position

Collaborate with team members to provide oversight and advice to the organization's financial and operations departments to drive compliance with SEC, FINRA, OCC, FICC, and DTC rules and regulations. Applies experience and seasoned knowledge, skills, and practices to perform a variety of assignments. The work is fast paced and detailed supports business partners based in New York, New Jersey, Toronto, and Minneapolis.

Responsibilities

• Provide real time advisory Compliance services to the Firm's Capital Markets departments related to Finance, Operations, and Regulatory Reporting matters.
• Advise on regulatory matters and Firm policies impacting Operations and Finance, including SEA rules 15c3-1, 15c3-3, Reg SHO Rule 204, NMS 613, and Fed & OCC requirements.
• Work with Operations and front-office personnel on the build out and ongoing maintenance of a Target Operating Model for order and transaction-based regulatory reports; advise on the requirements of reporting systems including, but not limited to, LOPR, TRACE, Electronic Blue Sheets(EBS), Consolidated Audit Trail (CAT), Global Securities Aggregation, and Short Interest reporting.
• Assist with the Firm-wide Consolidated Audit Trail ('CAT') program including establishing a governance structure, building a robust control framework designed to identify data and reporting inaccuracies, reviewing all business, functional and technical requirement documents, monitoring QA and UAT testing scenarios, and liaising with FINRA/SROs to escalate material concerns or reporting issues.
• Collaborate with Capital Markets and Wealth Management Compliance regional peers to achieve, whenever possible and appropriate, a system of common, consistent and/or global controls (e.g., policies and procedures), tools, methodologies, and requisite solutions (e.g., surveillance) to address common or similar compliance needs of the global CM businesses.
• Proactively identify issues impacting RBC through participation in business, industry, and regulatory initiatives.
• Support the Firm's compliance program by developing policies and procedures for new and on-going business initiatives, drafting guidance, and training materials, driving IT-related initiatives, and assisting with investigations and special projects.
• Liaise with Front Office Technology to remediate systemic issues impacting regulatory requirements, including prioritization of outstanding items, driving impact assessment analysis, and raising material issues to Senior Compliance stakeholders and regulators where necessary.
• Assist the Regulatory Affairs Group in responding to regulatory inquiries and exam requests including coordinating data across the Firm's Capital Markets departments, remediating identified issues, interpreting findings, and assisting in drafting all related responses.

Requirements

• Bachelor's Degree
• 5 or more years of experience in financial services compliance
• Experience in Regulatory Reporting, such as Electronic Blue Sheets, Consolidated Audit Trail, or Short Interest Reporting, or Finance and Operations
• Experience working in an evolving compliance environment within a matrixed environment including collaboration with capital markets operations, finance, regulatory services, and IT
• Strong verbal and written communication skills

Nice-to-haves

• FINRA Licensure Series 7 and 66
• Juris Doctor

Benefits

• A comprehensive Total Rewards Program include competitive compensation and flexible benefits, such as 401(k) program with company-matching contributions, health, dental, vision, life, disability insurance, and paid-time off.
• Leaders who support your development through coaching and managing opportunities.
• Ability to make a difference and lasting impact.
• Work in a dynamic, collaborative, progressive, and high-performing team.
• Opportunities to do challenging work.
• Opportunities to build close relationships with clients.