Director, Compliance

moomoo•Jersey City, NJ

2d•$190,000 - $230,000•Onsite

About The Position

Futu US Inc. is a financial services company that operates two SEC-registered broker-dealers and a cryptocurrency brokerage under Futu Holdings Limited (Nasdaq: FUTU). They aim to innovate the investing landscape with a digitized brokerage and wealth management platform. The company comprises Futu Clearing Inc. (SEC registered, FINRA member for clearing and execution), Moomoo Financial Inc. (SEC registered, FINRA member providing retail investors access to U.S. and Asian securities markets), and Moomoo Technology Inc. (offering a data-rich trading platform, not a licensed broker-dealer). This role requires the candidate to be based in the Dallas, TX or Jersey City, NJ office, as remote work is not available.

Requirements

Minimum of seven (5) years of compliance experience within a FINRA-regulated broker-dealer, clearing firm, or financial services organization.
Significant experience managing or coordinating regulatory examinations, investigations, and information requests from FINRA, the SEC, and other regulators.
Demonstrated knowledge of broker-dealer clearing operations and regulatory requirements applicable to clearing firms.
Strong knowledge of trade surveillance and market conduct requirements.
Strong knowledge of Anti-Money Laundering regulations and financial crime controls applicable to broker-dealers.
Experience working in complex, highly regulated financial services environments.
FINRA Series 7 License – Required
FINRA Series 24 License – Required
Comprehensive understanding of broker-dealer clearing operations and related regulatory requirements.
Working knowledge of SEC and FINRA rules governing broker-dealers and clearing firms.
Strong project management and organizational skills with the ability to manage multiple regulatory initiatives simultaneously.
Excellent investigative, analytical, and problem-solving capabilities.
Exceptional written and verbal communication skills.
Strong attention to detail and ability to work under tight regulatory deadlines.
Proficiency in managing large-scale information requests and coordinating cross-functional teams.

Nice To Haves

FINRA Series 3 License – Preferred
FINRA Series 4 License – Preferred
Experience working within multinational financial organizations.
Familiarity with affiliate clearing arrangements and omnibus clearing environments.
Demonstrated ability to lead cross-functional projects and influence senior stakeholders.
Ability to thrive in a fast-paced, highly regulated environment while maintaining a strong control mindset and commitment to regulatory excellence.

Responsibilities

Serve as the primary coordinator and project owner for all regulatory examinations, audits, investigations, and information requests from FINRA, the SEC, state regulators, exchanges, and other governmental agencies.
Lead the firm's responses to routine and cause examinations, investigations, cycle examinations, and regulatory inquiries.
Coordinate information gathering efforts across Compliance, Operations, Technology, Risk, Finance, and business units to ensure timely and accurate responses to regulatory requests.
Maintain examination logs, regulatory correspondence, document repositories, and response tracking systems.
Prepare and coordinate management responses, remediation plans, and corrective action initiatives resulting from examinations or findings.
Conduct internal investigations involving potential regulatory violations, supervisory concerns, customer complaints, and other compliance matters.
Provide regular updates to senior management and the Chief Compliance Officer regarding examination status, findings, risks, and remediation efforts.
Provide compliance support and guidance across all clearing operations functions.
Maintain a thorough understanding of clearing and settlement processes, securities movements, securities lending, customer account activity, margin requirements, books and records requirements, and operational controls.
Assist in the development and enhancement of policies, procedures, and controls designed to mitigate operational and regulatory risks.
Participate in new product reviews, operational initiatives, and regulatory change management projects impacting clearing activities.
Possess and maintain a comprehensive understanding of trade surveillance programs and market conduct requirements.
Partner with surveillance personnel to evaluate potential trading violations and determine appropriate escalation and reporting actions.
Support responses to regulatory requests involving trading activity and surveillance inquiries.
Maintain a thorough understanding of Anti-Money Laundering requirements applicable to broker-dealers and clearing firms.
Support the administration and effectiveness of the firm's AML program, including customer due diligence, transaction monitoring, sanctions compliance, and suspicious activity investigations.
Assist with AML-related regulatory examinations, requests for information, and remediation efforts.
Collaborate with AML personnel to identify emerging risks and strengthen financial crime controls.
Monitor regulatory developments affecting broker-dealer clearing firms and assess their impact on the organization.
Assist in the development and maintenance of Written Supervisory Procedures and Compliance Policies.
Participate in risk assessments and control reviews across business and operational functions.
Support implementation of regulatory initiatives and strategic compliance projects.
Develop and maintain productive relationships with business leaders, affiliated firms, and control functions.
Promote a strong culture of compliance and ethical conduct throughout the organization.