Chief Compliance Officer

  • Competitive
  • Chatham, NJ, USA
  • Permanent, Full time
  • DriveWealth
  • 14 Sep 16

DriveWealth, a leading online FINRA registered self-clearing broker-dealer located in Chatham, New Jersey, seeks a hands-on Chief Compliance Officer to lead the compliance functions for its global operations. DriveWealth can provide US equities clearing to brokers and financial institutions worldwide. Reporting to the CEO, the Chief Compliance Officer will ensure regulatory compliance for all DriveWealth activities, including administering and enforcing Anti-Money Laundering policies and procedures.

The Chief Compliance Officer will be responsible for:

- Managing day-to-day compliance functions, including AML, email and personal account review

- Providing trading activity surveillance and review

- Providing guidance on regulatory framework as it relates to firm’s cutting-edge technology product offering

- Providing compliance guidance to operations, technology, sales and management staff

- Serving as the company's liaison with all regulatory agencies

- Overseeing compliance-related due diligence for new prospective business partners from around the globe and act as an on-going regulatory liaison to current business partners

- Maintaining and continually developing the firm's pro-active compliance framework and environment

- Maintaining and continually developing the firm's Written Supervisory Procedures

- Drafting and reviewing regulatory responses, contracts, NDAs, and other regulatory/legal documents

- Working with outside counsel, and conducting research as necessary, on compliance and legal matters

Candidates should have the following experience and background:

- Experience in a compliance and legal capacity for a broker-dealer

- Prior experience as the CCO or Divisional CCO level

- JD degree and admittance to Bar in New Jersey (preferred)

- Background in operational issues related to self-clearing and experience with clearing for other brokers and servicing investment advisors

- Series 24 License