Senior Compliance Manager, Digital Markets Infrastructure

LSEG•New York, NY

19d

About The Position

An exciting opportunity exists for an experienced and dynamic Senior Compliance Manager to join the Digital and Securities Market (DSM) Compliance team supporting the Digital Markets Infrastructure business (DMI). The team supports the DSM businesses of London Stock Exchange Group (LSEG), providing oversight, guidance and challenge to ensure a robust compliance framework is maintained. LSEG’s DMI business represents the next generation market infrastructure architecture, built on distributed ledger technology (DLT) to bring interoperability, transparency and operational efficiency into private market workflows. DMI is seeking to expand globally, including in the US, subject to achieving the required regulatory approvals. The successful candidate will lead core compliance activity for DMI’s U.S. broker dealer programme and fulfil supervisory duties as a Series 24 qualified principal. In the initial stage, the role will involve reviewing new business proposals against U.S. regulatory requirements and acting as the primary point of contact with FINRA and the SEC. The core focus of the role will be to support the DMI Team, providing advice and guidance as the subject matter expert on the applicable rules and regulatory requirements of both the broker dealer and ATS regimes. The successful candidate will contribute directly to FINRA’s New Member Application (NMA) process, and partner closely with product, sales, technology, and legal teams to support the firm’s activities across the digital asset landscape. The Senior Compliance Manager will provide advice and guidance on the application of the rules and regulatory requirements that apply to the digital businesses that DSM Compliance supports. They will provide challenge to the business leads where necessary, ensuring appropriate processes and controls are maintained to meet regulatory requirements alongside regulatory leadership and compliance advisory support.

Requirements

Relevant proven industry experience, preferably gained in securities markets Compliance.
Effective communicator at all levels with excellent written and verbal communication skills.
Pragmatic and detail-oriented, a good problem solver and able to work in a collaborative manner.
Able to work well with other departments and develop good working relationships across the business at all levels.
Good analytical skills and organisational skills with the ability to progress issues on a timely basis, be flexible and prioritise competing workflows.
FINRA Series 24 – General Securities Principal Required for supervisory oversight of business development activities, including review and approval of firm communications, supervision of regulated representatives, and maintenance and enforcement of Written Supervisory Procedures.

Nice To Haves

Understanding of digital assets is desirable.
Experience of practical implementation of regulatory strategies and practices, in consideration of efficiencies and read-across with other venues or businesses, would be desirable.

Responsibilities

Primary liaison with US regulators (SEC and FINRA), with responsibility for managing regulatory enquiries and leading firmwide preparation for and execution of regulatory examinations, including FINRA exams.
Primary lead for regulatory filings, including Form BD, WSPs, supervisory structures, registration processes, and regulatory correspondence.
Support the design and implementation of the compliance programme for DMI’s U.S. broker dealer.
Own key elements of the FINRA NMA, including preparation for, and participation in, the NMA interview process.
Provide expert compliance advice on U.S. securities laws, digital assets, and emerging regulatory developments.
Assist in the management of regulatory filings and obligations arising from arising from DMI’s US broker dealer activities.
Co-ordinating and supporting the wider DSM Compliance team as required, including rules mapping, risk assessments and the production of management information.