Compliance Director, Broker-Dealer Operations

Company Name: tastytrade

As the Compliance Director, you are responsible for directing and managing the compliance programs, policies, reporting, and practices as they relate to the Firm’s broker-dealer business operations. This role will lead on regulatory compliance and how existing and emerging regulatory compliance expectations translate to the Firm’s business practices, products and services to ensure adherence to applicable rules and regulations, particularly those set by regulatory bodies such as the SEC, FINRA and NFA.

You will oversee existing internal controls and the implementation of new policies, as well as oversee applicable routine obligations and ensuring their timely completion. This position requires strategic leadership to adapt compliance processes to new or amended regulations, establish communication and training initiatives for employees, and to communicate regulatory expectations to stakeholders.

What you’ll do:

• Stay informed about regulatory changes and assess their impact on the organization to ensure compliance with all applicable laws and regulations
• Maintain compliance program oversight, including the implementation of written supervisory procedures, policies, training, annual testing, employee registrations and routine compliance tasks
• Support and respond to regulatory inquiries and audits
• Manage and submit regulatory filings and coordinate efforts related to broker-dealer audits, inspections, reviews, and examinations
• Identify, monitor, and mitigate potential risks by establishing processes for existing and new lines of business, evaluate risk areas, and providing awareness to stakeholders and training to employees.
• Establish communication and training initiatives to inform employees and stakeholders about compliance requirements specific to the retail trading industry
• Ensure that all departments are following company policies and industry regulations
• Provide leadership to strengthen the internal control environment and maintain compliance with industry-specific regulations
• Develop effective relationships with control owners and educate them on compliance requirements

Who you are:

• At least 5 years of experience in compliance or senior management focused on operations and associated risk management, specifically in the broker-dealer retail trading industry
• Experience with regulators and routine engagements, such as audits and formal inquiries or examinations, is preferred
• Series 7 and 24 are required
• Strong organizational skills, excellent communication skills, diligent time management skills, and the ability to manage assignments with competing priorities
• The ability to work both independently and as a member of a team is critical
• Knowledge of retail trading products and regulations specific to broker-dealers is essential, as well as sound familiarity with applicable regulatory bodies, such as the SEC, FINRA and NFA
• Proven ability to lead, manage, coach, and develop compliance objectives that support key business objectives and new develop initiatives while upholding high standards of commercial honor and broker-dealer compliance
• Demonstrate capabilities to think strategically and consistently perform as a key member of the Compliance leadership team

Team Perks:

• Performance Bonuses
• Stock Purchase Options
• 401k Plan
• Continued Education Support
• 20 Paid Vacation Days (plus an additional paid vacation day the month of your birthday!)
• 10 Paid Sick Days
• Gym Membership Reimbursement
• Commuter Benefits
• Pet Insurance
• Wellness & Mental Health Programs
• Charitable Donation Matching
• Two Paid Volunteer Days Off
• Daily catered lunch when in the office
• Full kitchen with snacks and beverages
• In-building gym
• CTA stop a block away, Shuttle to/from Metra
• Office located in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars 

About Us:

The tasty house of brands empowers individual traders differently. tastylive, founded in 2011, is an online financial media network, tastytrade (previously known as tastyworks) is a self-directed retail brokerage firm that launched in 2017, tasty Software Solutions and tastyfx, is a registered Forex broker-dealer. In 2021, London-based IG Group acquired tastylive, Inc. (previously known as tastytrade) and assigned it to lead business in North America. tastyfx is the fastest-growing forex broker in the US over the past few years. Changing the IG US name to tastyfx marks the next chapter, in aligning with the tasty brand family and offering a more forex-focused experience. This combined team has years of experience like institutional brokers, but also a passion for disrupting the entire trading industry.

Our dream is simple: We want more people to find more success with a better trading experience. That’s why we’re investing heavily in the right people, technology, and media to make that happen in the US and across the globe.

Location: Our office is in the West Loop - Chicago's growing center of tech, great cuisine, and high-end bars.

tastytrade | tastylive | tastyfx
1330 W Fulton Market, Chicago, IL 60607

*Don't meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they have every single qualification. Our team is dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role but your experience doesn't align perfectly, we encourage you to apply anyway. You may be just the right candidate for this or other roles!