Compliance Associate, Interactive Brokers
Electronic Trading Compliance
$80-130k
Plus discretionary cash bonus and stock award
3 days a week in office
Online broker
Open for applications
Online broker
1001+ employees
Open for applications
$80-130k
Plus discretionary cash bonus and stock award
3 days a week in office
1001+ employees
Company mission
To create technology to provide liquidity on better terms.
Role
Who you are
- Interactive Brokers seeks a motivated and talented compliance officer to join its Compliance group
- 2-5 years of experience with a broker-dealer or FCM, an exchange, the SEC, FINRA, CFTC, NFA, or a law firm in compliance, risk, technology, audit, or other related areas
- Solid academic background and proven interest in financial markets
- High degree of comfort and fluency with computers and technology, and understanding of how technology is applied to business and regulatory problems
- Knowledge of equities, options, futures, fixed-income market structure, and related electronic trading systems, flows, and strategies
- Experience with Python or other data processing and visualization tools preferred
- Appropriately registered compliance officer (i.e., Series 7 and/or Series 3 registration) or member in good standing of the bar of any US state or the District of Columbia preferred
- Outstanding oral and written communication skills
- Ability to develop compliance solutions that satisfy relevant regulations while executing sound business judgment
- Ability to work both independently and in a small team environment and to multitask with minimal supervision
- Self-motivated and able to handle tasks with minimal supervision
- Superb analytical and problem-solving skills
- Excellent collaboration and communication (Verbal and written) skills
- Outstanding organizational and time management skills
What the job involves
- The candidate will report to the Head of Electronic Trading Compliance and focus on compliance with trading and market regulations, including Market Access, Order Routing, and Best Execution
- Work with colleagues in Compliance, Legal, Business, Development, and other teams across the firm to ensure compliance with rules and regulatory guidance related to trading and markets, including, but not limited to, Market Access, reg NMS, reg ATS, rule 606, Exchange Rules, Best Execution, Smart Routing, Algorithmic Trading, Order Routing and Payment for Order Flow Disclosures
- For each of these subject areas, the Compliance Officer will be responsible for:
- Interacting directly with regulators on trading and markets issues, including the SEC, FINRA, CFTC, CME, NFA, state and foreign regulators
- Coordinating regulatory inquiries, including hands-on data analysis and drafting written responses
- Crafting detailed written specifications for developers and technology staff to enhance internal controls in response to new regulations and the launch of new business lines
- Drafting and implementing firm policies, controls, and written supervisory procedures
- Developing and implementing remedial action plans in response to internal and external audit findings
- Reviewing surveillance reports and escalating as necessary
Our take
Interactive Brokers is an automated electronic broker, empowers users to analyse global stock markets, manage portfolios, and explore diverse investment assets. With a history spanning over 45 years, the company has thrived by adapting to evolving digital trading trends. Its comprehensive suite of services includes analytical tools, asset marketplaces, and seamless third-party integration, enhancing portfolio management capabilities.
Boasting over $11.6 billion in equity capital, Interactive Brokers remains at the forefront of industry innovation. The company has embraced the rising popularity of cryptocurrency, offering customers access to crypto trading through a partnership with Paxos Trust Company. This proactive approach reaffirms Interactive Brokers' position as a forward-thinking player in the ever-changing trading landscape.
Recently, Interactive Brokers expanded its trading hours for U.S. Treasury bonds to 22 hours a day, allowing global clients to trade during their local hours and quickly respond to market news. This extension reflects the company's commitment to flexibility and comprehensive service, meeting the diverse needs of clients in over 200 countries and territories.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
8% employee growth in 12 months
Company
Company benefits
- Retirement plan 401(k) with a competitive company match
- Excellent health and wellness benefits, including medical, dental, and vision benefits and company-paid medical healthcare premium
- Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP)
- Paid time off and a generous parental leave policy
- Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snack
- Corporate events, including team outings, dinners, volunteer activities and company sports teams
- Education reimbursement and learning opportunities
- Modern offices with multi-monitor setups
Company HQ
Greenwich, CT
Leadership
Thomas Peterffy
(Chairman)Former computer programmer and architectural draftsman. They played a role in developing the first electronic trading platform for securities at the American Stock Exchange.
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