Compliance Officer recruitment
The Opportunity
Dynamic, growth-oriented financial services firm seeks a Compliance Officer for a broker-dealer firm. The primary responsibility of this compliance position is to ensure the ongoing development and implementation of an effective compliance program including, but not limited to, development of policies and procedures, manuals, and surveillance reports. Qualified candidates must have proven abilities in the areas noted below:
Core Responsibilities
- Working knowledge of SEC and FINRA regulations.
- Specific experience in developing, implementing and enforcing a detailed compliance program (including policies and procedures) to ensure compliance with SEC / SRO regulations and firm policies.
- Reviewing and approving advertising, sales literature and educational material. Includes filing w/ FINRA as appropriate.
- Providing ongoing advice to business leaders and others as appropriate.
- Liaise with business leaders and information systems team to assist with systems enhancement and development as related to regulatory and Firm obligations.
- Ensure supervisory infrastructure and policies are robust and effective.
- Exercise responsibility for ongoing forensic testing and compliance monitoring of policies and procedures.
- Experience in conducting comprehensive compliance reviews of businesses and ability to identify initiatives for the coming year.
- Ability to identify potential areas of compliance vulnerability and risks; articulate and implement corrective action plan.
- Assist management in implementing adequate controls and quality assurance processes to provide early identification and prevention of potential compliance problems.
- Skilled in researching new or revised laws and regulations (and corporate policy where applicable) to determine impact on the business and its processes, procedures, and surveillance reports.
- Provide compliance briefs on upcoming rules, changes, and industry practices.
- Coordinate regulatory examinations and internal audit reviews.
- Respond to customer complaints and regulatory inquiries appropriately.
- Ability to monitor and administer a compliance training program for employees.
- Conduct due diligence and evaluate compliance risks of proposed new products and new business initiatives.
Desired Candidate Attributes
- Working knowledge of regulatory rules and industry best practices associated with retail and institutional clients.
- Knowledge of basic options trading strategies is critical.
- Ability to work well under pressure, ability in handling multiple priorities while keeping an enthusiastic attitude.
- Demonstrates initiative.
- Excellent oral and written communication and interpersonal skills.
- Ability to work independently with limited supervision and guidance.
- Strong detail and organizational skills.
- Ability to work with others to mutually agree upon sound compliance practices, procedures and supervision.
- Good common sense and practical approach to problem solving.
- Ability to think creatively and abstractly to find new ways to accomplish goals.
- Have a proven track record of ability to work with regulators.
Technical Knowledge, Experience, and Educational Requirements:
- Must have 7+ years of retail securities compliance experience at a senior level or commensurate regulatory experience.
- Proficient in collecting and analyzing compliance business processes and work flows.
- Series licenses required, including Series 4, 55 and 24.
- Working knowledge of MS Office suite of programs.
- Working knowledge of FINRA required filings (Contact System, Customer Complaints, WebCRD, etc.).
Compensation and Rewards
This opportunity offers a commensurate market base salary, benefits and bonus potential.
February 14, 2009
• Tags: Compliance Officer recruitment, Trading careers in the USA • Posted in: Financial