Associate Compliance Analyst, eToro
Temporary 6 Month FTC
$70-80k
Social trading & investment network
Open for applications
Social trading & investment network
1001+ employees
Open for applications
$70-80k
1001+ employees
Company mission
To open the world's markets to everyone - everywhere.
Role
Who you are
- Bachelor’s degree required; advanced degree a plus
- FINRA Series 7 and 24 required; Series 4 preferred
- 2+ years of experience in a compliance function and familiarity with Broker Dealer rules and regulations; knowledge or familiarity with money transmitter licenses a plus
- Strong understanding of capital markets and the broker dealer industry
- Has the ability to analyze situations for compliance and business risk, and implement solutions to address and mitigate such risk
- Strong abilities in analytical thinking, problem solving, research, and time management
- Meticulous attention to detail and highly accurate
- A self-starter that enjoys a team-oriented approach
- Excellent communication (written and oral), presentation, and interpersonal skills
- Comfortable operating in a fast paced start-up
- Experience in monitoring, testing, and conducting risk assessments
- Must be proficient with MS Office (Word, Excel, PowerPoint, and Outlook)
- Significant level of trust, credibility, and diplomacy is required
What the job involves
- Come join our Award Winning Compliance team! The Compliance team are key members of eToro USA’s team
- The Compliance Department provides service, support, and advice to promote the Firm’s growth and development while helping employees and the Firm meet their regulatory obligations, and more broadly, to preserve and enhance our reputation for integrity
- This role will report into a Compliance Manager within the Compliance organization and assist with the day-to-day administration of the Firm’s compliance program for its money service (“MSB”), digital asset business, and broker dealer (“BD”) businesses
- Note: This is a Regulatory Compliance focused position, not AML
- Maintain and manage policies and procedures inventory, including ensuring regular and required reviews and approvals are completed in a timely manner
- Identify and track updates to the policies and procedures inventory, as well as ensure proper approvals have been obtained and recorded
- Conduct on-going eToro associate surveillance, including but not limited to gifts and entertainment, private securities transactions, and political contributions
- Manage and maintain the required tracking, monitoring, responses, and applicable regulatory reporting for the Firm’s Complaints program
- Marketing advertising reviews
- Support compliance testing of the various lines of business
- Support compliance function all regulatory reporting requirements, such as permissible investment reports, call reports, and audited financial statements, etc. are met accurately and timely
- Manage and maintain eToro’s Record Retention Policy and program
- Support performing due diligence for compliance vendors leveraged to support the MSB, digital asset, and broker dealer businesses, and produce reports to CCO
- Identify and recommend necessary changes to business unit procedures to address compliance gaps or improve adherence to regulatory and firm requirements
- All other duties as assigned and special projects as necessary
Our take
Investing used to be accessible only to financial experts, but due to advancements in open banking and fintech software development, the average person can now invest from their smartphone. However, this also makes users vulnerable to the high-risk nature of investing, resulting in a demand for easy-to-understand investment education.
eToro provides a social trading and investment platform, facilitating investment in the stock market, ETFs and index funds, cryptocurrencies and NFTs through a mobile application. In addition to providing these features, the platform also features a community-focused investment discussion board, a robo-adviser tool called CopyTrader, as well as investment education resources.
Whilst it is undeniable that the investment platform market has become highly saturated in the last few years, eToro has taken the unique angle of combining its trading platform with tools and resources that help to educate its users. Through this approach, the company aims to increase accessibility to smart investment strategies, whilst reducing the risk associated with investing as a non-expert.
Kirsty
Company Specialist at Welcome to the Jungle
Insights
-5% employee growth in 12 months
Company
Funding (last 2 of 10 rounds)
Mar 2023
$250m
GROWTH EQUITY VC
Apr 2018
$50m
SERIES E
Total funding: $462.9m
Company HQ
Canary Wharf, London, UK
Leadership
Yoni Assia
(Co-Founder & CEO)Yoni has been a Board Member at Meitav Dash since 2013. Previously, they co-founded WiTech Communications where he served as the Development Manager for nearly 3 years.
Ronen Assia
(Co-Founder & Executive Director)Since co-founding eToro in 2007, Ronen has held several roles at the company, including VP of Product & Product Marketing and CPO, moving into the role of Executive Director in 2020. He is also a Managing Partner at Team8, a role he has held since 2020.
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