Position: Compliance Director/ CCO Assistant
Location: NYC
Compensation: $110,000 - $125,000 (possibly more)
Environment: Financial Services/ Broker-Dealer
Start: ASAP
Note: This is a full-time position that will grow into a CCO role eventually
We are seeking an experienced and detail-oriented Compliance Director to lead our clients’ regulatory and internal compliance operations, with a particular focus on broker-dealer compliance. This individual will play a pivotal role in ensuring the firm remains aligned with FINRA, SEC, and other applicable regulatory requirements. The ideal candidate will bring a strong understanding of the financial services landscape, excellent analytical skills, and the ability to manage a fast-paced, highly regulated environment
Key Responsibilities:
Regulatory Oversight & Communication
- Act as primary liaison with clearing firms, addressing regulatory and operational requests promptly and accurately.
- Ensure timely and accurate compliance with CATS (Consolidated Audit Trail) and CAIS (Customer and Account Information System) reporting obligations.
- Maintain ongoing compliance with Regulation M, particularly in relation to market-making and distribution activities.
Supervision & Monitoring
- Conduct daily supervision of registered representatives, ensuring adherence to internal policies and external regulations.
- Oversee the review and approval of new accounts, including suitability assessments and documentation checks.
- Supervise trading activity, particularly for the market-making desk, including analysis of exception reports for anomalies.
Anti-Money Laundering (AML) & Surveillance
- Perform thorough AML reviews, escalating any suspicious activity and filing Suspicious Activity Reports (SARs) as required.
- Lead email surveillance efforts to detect and investigate potential compliance issues.
Policy Management & Reporting
- Coordinate and execute the firm’s annual compliance review and employee attestation process.
- Monitor and maintain state registration requirements for representatives and associated people.
- Oversee the review and reporting of Outside Business Activities (OBAs), U4 amendments, and outside brokerage account statements.
- Manage and maintain Disclosure Reporting Pages (DRPs) to ensure accuracy and completeness.
Qualifications:
- Deep knowledge of FINRA, SEC, and other regulatory body requirements.
- Proven track record in broker-dealer compliance, including direct experience with AML, trade surveillance, and account supervision.
- Strong analytical and investigative skills.
- Excellent written and verbal communication.
- Ability to operate effectively in a dynamic, fast-paced financial services environment.
Hiring Recruiter: mike@toughtechsolutions.com