Job Description
Job Description
Broker Dealer Compliance Officer Opportunity
New York-based boutique broker-dealer and wealth management firm looking for a compliance professional to assist the Chief Compliance Officer with the day-to-day compliance duties of the firm. What we are looking for :
- 2-5 years of broker-dealer compliance experience
- Equity capital markets and / or investment banking experience
- FINRA Series 7 and 24 license required. Series 14, 53, and / or 79 is a plus
- Deep working knowledge of FINRA’s Gateway program
- Experience assisting with drafting and maintaining written supervisory procedures
- Experience assisting with regulatory inquiries and responses
- Deep knowledge and understanding of FINRA and SEC broker-dealer compliance rules and regulations
- Proficiency with Microsoft Office tools, particularly Excel, and compliance tools such as My Compliance Office, Quest CE, Global Relay, and others
- Well-organized with the ability to prioritize workload to complete tasks
- Strong communication and interpersonal skills, collaborative by nature
- Attention to detail and problem-solving ability
NYC-based, 5-days per week in-office
Full Job Description
The compliance team of a New York-based boutique broker-dealer and wealth management firm is in search of a Compliance Officer to join their rapidly growing firm. The candidate will report to the firm’s Chief Compliance Officer and will be involved in the daily compliance activities of the firm. The position requires partnership with other key departments of the firm including the operations team, investment banking, and finance. Other key partners include Information Technology, the onboarding team, and our regulators. The candidate will be integrally involved with the front-line business teams to ensure they are aware of and follow the compliance rules and regulations of a U.S. broker-dealer and ensure the firm stays in continuous compliance with regulatory requirements.
Key Tasks
Manage all FINRA Gateway related items, including registrations, responses, Form U4, Form U5, monitoring of FINRA reports, handling regulatory filingsAssist the Chief Compliance Officer with the following :Drafting and maintaining the firm’s written supervisory procedures
Ensuring all risks and controls are appropriately embedded and continuously reviewed within the appropriate systemsSupervising and managing requirements related to the personal accounts of the firm’s associated persons, trade pre-clearance, outside business activities, and conflicts of interest disclosuresUpdating and filing regulatory reports on an annual, periodic, or ad hoc basis, and assisting with registration and licensing requirements of registered persons and the firm, including continuing education requirements (i.e. Form BD, Form U4, Form U5, Firm and Regulatory Element CE)Updating the firm’s restricted listPerforming daily communications reviews in Global Relay; AML-related reviews such as FinCEN, OFACMonitoring compliance applications for employee personal account dealings, employee trading, outside business activities, private securities transactions, conflict of interest management, charitable contributions, gifts and entertainment, annual certifications, political donations, etc.Review of marketing materials and communications with the publicProvide support and execution to all ad hoc projects assigned by the Chief Compliance OfficerEducation and Experience
2-5 years of validated experience in broker-dealer complianceFINRA Series 7 and 24 license required. Series 14 or 53 is a plusBS or BA degree requiredKey Skills and Knowledge
Deep knowledge and understanding of FINRA, SEC, MSRB, state and other regulations of a broker-dealerKnowledge of private securities transactions, investment banking, wealth managementStrong analytical skills and ability to problem solve in a dynamic, highly regulated environmentDetail oriented and ability to manage and multi-taskProficient with technical applications such as Microsoft Excel and compliance softwareEffective written and verbal communication skillsHigh standard of professionalism and discretion while working with sensitive information