General Counsel & Chief Compliance Officer (Hyb...

Description:

The General Counsel and Chief Compliance Officer (GC/CCO) will guide the legal and compliance strategy for the firm and lead a team that will execute those initiatives daily. This is an outstanding opportunity for a strong and execution-focused lawyer to implement effective solutions globally. Candidates will ideally have 10 years of compliance and legal experience working for a proprietary trading firm, broker-dealer, clearing firm, SRO, or similar organization under FINRA's purview. Other acceptable experience includes in-house legal counsel or law firm experience working with registered SEC or CFTC entities with significant exposure to compliance and strong analytical and quantitative skills.
What You'll Do:

• Provide strategic regulatory, legal, and compliance guidance to the firm's business lines and leadership team.
• Suggest pragmatic, scalable, and automated legal and compliance solutions for new or existing business initiatives.
• Conduct comprehensive internal compliance reviews to identify potential operational gaps or inefficiencies and develop strategic and scalable solutions.
• Periodically review the firm's supervisory procedures for relevance, adequacy, and effectiveness.
• Keep abreast of regulatory developments, including rulemaking by the firm's regulators and self-regulatory organizations.
• Promote a culture of compliance throughout the firm and accountability by the firm's registered principals with respect to their supervisory responsibilities. Direct the continuing compliance education of employees.
• Oversee the firm's engagement and response to regulatory examinations, audits, and inquiries.
• Oversee the firm's FINRA CAT compliance and work with the teams responsible for daily reporting.
• Advise on all action planning deliverables for relevant rulemaking including front and back-office system developments/enhancements and monitoring/surveillance needs.
• Manage Compliance and Legal team members on all aspects of the regulatory compliance process.
• Draft and update policies and procedures to conform to new regulations.
• Efficiently engage outside legal counsel to address issues in a cost-effective manner.
• Negotiate, draft, and review trading agreements with independent traders or trading teams.
• Update and maintain corporate governance documents including operating agreements, partnership agreements, employment agreements, organizational charts, and corporate registrations.
• Vet and provide regulatory guidance for new product and strategy initiatives.

What You'll Need:

• Deep expertise in broker-dealer and commodities trading laws and regulations and their applicability to large proprietary trading firms.
• Law degree and a current law license required.
• Prior experience managing legal and compliance teams, preferably with a broker dealer, self-regulatory organization, or a federal securities or commodities regulator.
• Ability to effectively translate and communicate legal and regulatory complexities to the Management Team.
• Experience with designing, implementing, and reviewing regulatory surveillance.
• Demonstrate initiative and an ability to identify, prevent, and mitigate risks.
• Highly proficient in desktop applications and MS Office suite products.
• FINRA Series 7 or 57, and Series 24 required (or must obtain within two months of hire).
• Strong organizational skills with the ability to set and meet priorities individually and as a team.
• Experience identifying compliance process inefficiencies and implementing technical-based solutions.
• Ability to work effectively with all levels of management within the company and promptly resolve issues or recommend improvements in a positive manner.
• Strong attention to detail.
• Interest in developing areas of financial regulation.
• Women and underrepresented groups frequently apply to jobs only if they meet 100% of the qualifications.

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