Broker-Dealer Compliance Manager

Broker-Dealer Compliance Manager Overview

• The Broker-Dealer Compliance Manager ensures adherence to regulatory requirements and supports the Chief Compliance Officer in enhancing the compliance program.
• Collaborate with global teams to oversee compliance with trading, operational, and regulatory standards across multiple asset classes.
• Provide advisory support to stakeholders, including Portfolio Management, Global Trading, and Operations, ensuring compliance integration.
• Develop and maintain compliance policies and procedures aligned with industry best practices and regulatory requirements.
• Monitor trading activities for compliance with SEC, FINRA, and global regulatory standards, ensuring best execution practices.
• Conduct supervisory testing, branch office reviews, and trade surveillance to identify and remediate compliance issues.
• Support regulatory inquiries, examinations, and audits, preparing documentation and responses to information requests.
• Deliver compliance training to employees, fostering a culture of adherence to regulatory standards and risk management.

Broker-Dealer Compliance Manager Key Responsibilities & Duties

• Assist the Chief Compliance Officer in designing and executing the broker-dealer compliance program.
• Evaluate business risks and regulatory requirements, ensuring alignment with firm policies and objectives.
• Conduct trade surveillance, investigating market abuse, insider trading, and other irregularities.
• Oversee regulatory trade reporting obligations, including CAT, TRACE, and MSRB reporting.
• Perform branch office reviews and supervisory testing to assess compliance control effectiveness.
• Develop and deliver compliance training materials, promoting awareness of regulatory developments.
• Collaborate with cross-functional teams to enhance the compliance framework and risk management practices.
• Document findings from compliance testing and surveillance, ensuring timely resolution of deficiencies.

Broker-Dealer Compliance Manager Job Requirements

• Bachelor of Science degree required, with strong knowledge of broker-dealer regulatory requirements.
• Minimum of 4 years of experience, with 15 years preferred in compliance or related roles.
• Proficiency in trade surveillance systems and compliance tools, with expertise in SEC and FINRA regulations.
• Strong analytical and problem-solving skills, with attention to detail and decision-making capability.
• Excellent organizational skills, ability to manage shifting priorities, and meet deadlines effectively.
• Demonstrated ability to collaborate across teams, providing compliance guidance and training.
• Ability to act with discretion, maintain confidentiality, and exemplify integrity and professionalism.
• Forward-thinking mindset, actively seeking opportunities for continuous learning and improvement.