Compliance Associate

Millennium•New York, NY

5d•$70,000 - $160,000

About The Position

The Compliance Department at Millennium is responsible for adopting, implementing, and enforcing a compliance program that includes policies, procedures, processes, systems, controls, surveillance, testing, and reporting. The Quantitative Trading Compliance team supports the Firm’s global program by partnering across the business to address the regulatory considerations of algorithmic and systematic trading activities.

Requirements

3-5 years of relevant experience, ideally gained at a regulatory authority, bank, broker-dealer, or buy-side firm
Experience addressing algorithmic or systematic trading matters, with an understanding of model-based trading and investment and execution algorithms preferred
Strong analytical and conceptual problem-solving skills, with close attention to detail
Strong sense of ownership and personal responsibility, with the ability to manage priorities, multitask, and meet deadlines
Strong written and verbal communication skills, including the ability to develop presentation materials for senior management; proficiency in Microsoft PowerPoint and Excel

Nice To Haves

Bachelor’s degree in Computer Science, Finance, Economics, or a similar field preferred, with a strong academic record
Understanding of global financial markets and market structure preferred
General understanding of artificial intelligence, including current regulatory focus areas

Responsibilities

Support the administration of the Firm’s global Quantitative Trading Compliance program, including the initial vetting and ongoing review of portfolio management teams under the Firm’s Algorithmic Trading Policy
Monitor regulatory developments, industry initiatives, and evolving compliance expectations affecting quantitative trading
Conduct ongoing analysis to help enhance the Firm’s global Quantitative Trading Compliance program
Assist with regulatory examinations, inquiries, investigations, and other compliance-related projects
Support the drafting and maintenance of compliance policies and procedures
Prepare and deliver compliance training materials