Compliance Officer
RQD Clearing
About Us:
RQD is a modern correspondent clearing firm that offers clearing, custody, and execution solutions designed to meet the needs of today’s dynamic market participants. Built entirely on cloud-native, real-time technology, RQD can quickly and seamlessly enhance its platform, adapt to regulatory changes, and offer a more efficient implementation that scales as clients grow. In addition to portfolio margin, RQD supports U.S. equities, options, ETFs, and other securities, catering to broker-dealers and FinTechs, including RIAs, that service retail, institutional, and active traders, foreign financial institutions, and proprietary trading firms.
This is an opportunity to work for a fintech start-up and to be an integral part of growing a broker-dealer from the ground up. As a small, hardworking team, we pride ourselves on our entrepreneurial culture and cross team collaboration. We recently raised our Series A funding and are in a very exciting stage of growth.
Position: Compliance Officer
Location: Hybrid - New York, NY
Base Salary: $100,000 - $150,000
Position Overview
As we continue to expand our reach, we are seeking a skilled Compliance Officer to join our Compliance Team to assist in the expansion and enhancement of our Compliance Program. In this position, you will be responsible for reviewing clients account documentation, investigating and dispositioning alerts, completing regulatory filings and assisting to ensure adherence with regulatory requirements and guidelines. This is a prime opportunity for someone looking to broaden their skillset and expand their compliance knowledge.
Responsibilities
- Assist in directing the firm’s regulatory priorities and compliance program
- Serve as the initial point of contact with respect to client on-boarding. This includes: obtaining and verifying client KYC documentation to ensure adherence to all Compliance policies, procedures and regulatory/AML obligations
- Conduct comprehensive internal compliance reviews such as wire and trade activity exception reports, and blue sheets reporting
- Assist in responding to regulatory inquiries and audits
- Draft and update policies and procedures such as WSPs, AML, and BCP as needed
- Assist in the design and administering of periodic regulatory training
- Coordinate and maintain WebCRD filings
- External communication with SROs, regulatory bodies, and auditors
- Internal communication and support for operation and development staff
- Actively monitor regulatory developments
- Research exchange rules and analyze rule interpretations
Qualifications
- Experience working in compliance at a broker dealer, clearing firm, or regulator
- Proactive, self-starter -- able to work well under pressure
- Effective communicator -- able to interact well with different teams and personalities
- Exceptional writing skills
- 314(a) filing experience
- Experience with regulatory surveillance
- Experience with CIP, KYC, AML
- Background working in or subject to rules of: DTCC, OCC, SEC, and FINRA
- Series 7 and 63 (within the first 2 months of joining)
- 2+ years related experience
Helpful, but not required
- T-SQL + .NET(C#) + Microsoft Azure Stack
- Series 24
RQD* Clearing is an equal opportunity employer. We celebrate diversity and are committed to creating an inclusive environment for all employees.