Senior Compliance Officer

Equity Trust Company•Dallas, TX

About The Position

The Senior Compliance Officer reports directly to the Risk and Compliance Operations Officer and is part of the Risk and Compliance leadership team. The role oversees internal and external compliance and risk obligations and helps ensure the firm complies with regulatory requirements and internal policies. The position manages and supports compliance procedures, regulatory filings, supervisory reporting, AML activities, training, monitoring, documentation, and the firm's annual compliance calendar. It also provides compliance guidance to employees and works with the CCO and other departments on regulatory requests, audits, and compliance initiatives. Travel to organizational or external locations may be required, depending on the role and responsibilities.

Requirements

At least 5–7 years of progressive experience in brokerage industry compliance, risk, or supervisory roles, with demonstrated ability to manage risk or regulatory obligations and supervisory controls.
Bachelor’s degree in business administration, finance, law, or a related field.
Deep understanding of FINRA, SEC, and state regulatory requirements, or financial risk concepts and practices related to credit, counterparty, or exposure monitoring, with demonstrated ability to interpret and apply requirements to broker-dealer operations.
Comprehensive knowledge of financial products, including equities, mutual funds, bonds, options, and alternative investments.
Extensive working knowledge of the brokerage and investment advisory business, including its regulatory environment, operational processes, and services.
Prior experience in a self-clearing or correspondent clearing environment serving introducing broker-dealers or registered investment advisor intermediary clients.
FINRA Series 7, 24, and 63 securities licenses.
Proficiency with compliance tools and software such as FIS and Lexis Nexis.
Advanced skills in Microsoft Office Suite, including Excel, Word, PowerPoint, and Outlook.
Familiarity with surveillance and monitoring tools, regulatory reporting systems, and CRM platforms.
Experience with fintech offerings including FIS, Hadrius, Smarsh, Protegent, or similar tools.
May be required to take and pass the FINRA Securities Industry Essentials exam if not already holding a securities license relevant to the role; depending on responsibilities, additional securities exams may also be required, typically within 120 calendar days.
Demonstrate business insight, collaboration, ability to direct work, and ability to instill trust.

Nice To Haves

Series 4, 14, 51, or 53 securities licenses are preferred.

Responsibilities

Manage regular review and updating of the firm's Written Supervisory Procedures (WSPs) to align with regulatory requirements and industry best practices.
Assist Risk and Compliance Management with preparing and maintaining supervisory reports in compliance with WSPs and books-and-records retention requirements.
Execute recurring compliance and risk operational functions, including regulatory filings, new-hire coordination, vendor management, and policies and procedures management.
Support management of the firm's Anti-Money Laundering (AML) program, including periodic account reviews, transaction monitoring, and regulatory compliance.
Contribute to the development and execution of compliance training programs, including Firm Element and AML training.
Monitor regulatory, legal, and industry developments and recommend updates to the compliance framework as appropriate.
Identify potential compliance issues, investigate root causes, and recommend risk mitigation or corrective actions.
Maintain organized documentation of compliance activities, including customer complaints, investigation findings, and corrective measures.
Educate employees and provide guidance on compliance policies, procedures, and regulatory responsibilities.
Manage the annual compliance calendar and ensure regulatory, risk, and internal compliance deadlines are met.
Conduct or assist with oversight of trade blotters, email communications, social media activity, and other supervisory activities.
Provide associates with timely and accurate guidance on compliance-related questions or concerns.
Collaborate with the CCO and other departments on regulatory requests, audits, and organization-wide compliance initiatives.
Travel to organizational or external locations as required by the role and responsibilities.
Perform additional compliance responsibilities and special projects as assigned.