Chief Compliance Officer

Our client is a full-service broker-dealer that provides services including equity research, equity sales and trading, and capital market services.  

Responsibilities:

• Manage and provide strategic guidance and representation to the company and company leadership on local, state, and federal governmental requirements for financial institutions, including but not limited to KYC, BSA, AML, OFAC.
• Act as direct supervisor of the company’s Regulatory Compliance and Financial Crimes Compliance.
• Identify potential areas of compliance vulnerability and risk; Develop corrective action plans for resolution of any identified issues, and provide general guidance avoidance of similar situations in the future; Monitor and coordinate compliance activities of other departments to remain informed of the status of all compliance activities and to identify trends.
• Interpret current and evolving state and federal laws and regulations related to money services businesses, money transmitters, and lenders.
• Implement compliant policies and procedures, and determine regulatory requirements of new financial offerings by the company.
• Develop and implement compliance audit testing.
• Manage external audits and remediations.
• Collaborate with other departments as needed to ensure compliance issues are addressed, investigated, resolved, and once resolved, continually adhered to in practice.
• Oversee internal compliance reviews and manage outside auditors, as needed.
• Participate with other stakeholders in generation of risk analysis reports.
• Work with Human Resources to develop effective compliance training programs, including appropriate introductory training for new employees as well as ongoing training for all employees and managers; and
• Provide reports to senior management and the Board of Directors regarding the operation and progress of compliance efforts.

Requirements:

• Bachelor’s degree required.
• Series 14 or 24 required.
• 3+ years of equity compliance experience with an investment bank or U.S. broker-dealer.
• In-depth knowledge of SRO and SEC regulations.
• Experience dealing with examinations, audits, and regulatory inquiries.
• Knowledge of equity products and the ability to multitask in a deadline-driven environment.