Institutional Equity Division (IED) Compliance Officer
Position Description
Provide Compliance support for equity sales and trading desks, as well as support functions: IT, Risk, Operations, controllers, finance
Provide advisory support to traders, sales traders, supervisors, Risk and IT on regulatory rules: Reg NMS, Reg SHO, OATS, Rule 5320, trade reporting, Rule 605/606, riskless principal
Communicate with traders and supervisors to assess risk and re mediate issues
Assist in the design and maintenance of written supervisory procedures
Assist in regulatory reviews, including inquiries, audits and exams
Design and deliver applicable training for business unit personnel
Actively monitor regulatory developments and trends, and take appropriate action to ensure the business unit complies with new or amended regulations
Interact with technology support and risk management to ensure trading technology and trading practices remain compliant with Firm policies and industry regulation
Skills Required
5 - 10 years of experience providing compliance support for equity sales and trading desks, could include other equity businesses, such as stock loan and prime brokerage.
Experience assisting with regulatory inquiries and exams, including communicating when needed with external regulators and working closely with internal exams and inquiries personnel.
Experience communicating with traders of all levels, including desk heads and senior business unit management of the business.
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