Senior Compliance Officer

Belvedere Trading•Chicago, IL

40d•$150,000 - $190,000

About The Position

Belvedere Trading is a leading proprietary trading firm proudly headquartered in downtown Chicago. Our traders work hard to provide liquidity to the market through their market-making activities and are the masters of a diverse set of commodities, interest rates, exchange-traded funds (ETF), and equity index options. From the beginning, we began iteratively investing in our proprietary technology and committing to building our systems from the ground up. Our trading models and software systems are continually re-engineered, optimized, and maintained to stay on top of the industry. Our Business department is comprised of several key teams who work to ensure that Belvedere is operating at the highest level. We look for passionate team members that excel and their contribution is critical to our continued success. Our Business Teams build and manage processes that strive to improve all facets of the company. Whether it's human or financial capital, our goal is to drive productivity while enhancing Team Belvedere's experience. We are looking for a Senior Compliance Officer to join the Compliance team. This individual will report to the Chief Compliance Officer and work closely to build a more efficient and scalable Compliance program.

Requirements

10+ years regulatory compliance experience working for an exchange, a regulatory organization, a Broker Dealer (BD), a Futures Commission Merchant (FCM) or similar organization.
Deep expertise in broker-dealer and commodities trading laws and regulations and their applicability to large proprietary trading firms.
Experience with FINRA CAT daily reporting.
Experience with designing, implementing, and reviewing regulatory surveillance.
Experience identifying compliance process inefficiencies and implementing technical-based solutions.
Demonstrate initiative and an ability to identify, prevent, and mitigate regulatory risks.
Be an independent leader on projects that improve our trading operations management.
Bachelor's Degree required and Masters Degree preferred.
Intermediate data query skills, such as SQL
Proficiency in Excel and data analysis

Nice To Haves

FINRA Series 57 and 24 preferred.

Responsibilities

Provide strategic regulatory compliance guidance to the firm's business lines and leadership team.
Suggest pragmatic, scalable, and automated compliance solutions for new or existing business initiatives.
Conduct comprehensive internal compliance reviews to identify potential operational gaps or inefficiencies and develop strategic and scalable solutions.
Periodically review the firm's supervisory procedures for relevance, adequacy, and effectiveness.
Keep abreast of regulatory developments, including rulemaking by the firm's regulators and self-regulatory organizations.
Promote a culture of compliance throughout the firm and accountability by the firm's registered principals with respect to their supervisory responsibilities.
Administer compliance training to the firm's employees
Oversee the firm's engagement and response to regulatory examinations, audits, and inquiries.
Oversee the firm's FINRA CAT compliance and work with the teams responsible for daily reporting.
Draft and update policies and procedures to conform to new regulations.
Draft desktop procedures for a variety of Compliance functions.