Compliance Officer - High Frequency Trading
Added
The management team has extensive experience in multi-asset global trading stemming from the successful build and sale of an automated quantitative trading firm to one of the worlds largest banking groups. After ensuring a smooth transition of ownership and taking a well deserved break, they have now set out to do it again – but this time they are setting up offices around the world.
The success of the firm is based on three fundamentals: cutting edge technology, outstanding quantitative research and proven trading strategies that net exceptional results. They hire people who are both academically brilliant but also exceptionally creative.
THE ROLE:
The firm is looking for a Compliance Business Partner who truly understands the compliance framework required to run a multi-asset high frequency trading business and take ownership of all aspects of their regulatory obligations. It is likely you would assume the CF10 & CF11 responsibilities very quickly.
Responsibilities include:
• Ensure that the firm operates in compliance with FSA and other applicable laws and regulations
• Review and supervise the firm's daily transactions
• Represent the firm in contacts with the FSA and other regulators, including managing regulatory examinations and inquiries
• Assist in the investigation of employee conduct with regard to violations of firm policy and procedures and regulatory requirements
• Perform routine and ad-hoc trade surveillance
• Prepare and maintain current regulatory filings
• Identify, develop, organise, and deliver necessary compliance related training, and reinforce compliance-related communications
• Maintain and update Policies and Procedures, and keep abreast of applicable existing, new and pending laws and regulations
• Work closely with the Trading, Technology, Operations and Finance departments to assist with the implementation of compliance programs
THE IDEAL CANDIDATE:
• Candidates must have a broad knowledge of regulated entities and compliance, regulated business environments and key regulatory issues especially as they relate to proprietary trading.
• The candidate must also have a balance of both strong technical skills, with particular emphasis on knowledge and practical application of securities laws, regulations and procedures. The candidate should be a "decision maker" in his/her current organisation and not purely a "technician".
Specific qualifications include the following:
• Bachelor's degree is required. A post graduate qualification in Law, Accounting or Finance would be preferential (MSc, MBA, ACA, LPC etc.)
• Extensive experience working in a financial services organization that deals with principal / proprietary trading
• Strong working knowledge of the securities industry and applicable rules and regulations within the current regulatory environment
• The ability to identify conflict situations and resolve them fairly and quickly, while using well-developed influencing skills to work effectively across multiple teams and establish a cooperative environment
• The ability to quickly identify gaps or risk exposures in a compliance system and to develop and implement strong checks-and-balances
• Understands business issues and makes sound business judgments; implement and follow through on strategies to deliver results
• Excellent communication skills with the ability to translate compliance and regulatory changes into the implications for business process and control environment
• Excellent inter-personal relationship skills
• Excellent project management skills