Compliance Analyst, US
DriveWealth
DriveWealth is a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices.
Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
We seek enthusiastic professionals to contribute diverse perspectives and experiences to our Brokerage-as-a-Service platform. Our culture blends the pace and opportunity of a tech start-up with the impact, stability, and significance of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. We value diversity and inclusion, celebrating the unique differences of our employees as we scale and grow together. We’re guided by operating principles grounded in accountability, teamwork, integrity, and solutions built to scale. Join us!
What You'll Do:
- Analyze and interpret regulatory rules and regulations, and determine impact on new and existing business lines, policies, products, procedures and services
- Assist in developing, updating, and maintaining compliance policies and procedures
- Effectively communicate regulatory and procedural changes and/or important issues to affected business units and build strong relationships with business partners
- Perform audits, with directional assistance from manager or supervisor assistance, of products, procedures and services to meet internal company standards and ensure compliance in all areas
- Research and respond to customer and partner complaints, regulatory inquiries, regulatory exams or investigations concerning compliance and/or company issues
- Provide regular management reports and periodic updates on issues and project statuses
- Monitor trading activities of firm employees
- Assist with daily trading activity across various asset classes (equities, options, fixed income) to detect unusual behavior or possible rule violations such as spoofing, layering, insider trading, etc.
- Review and investigate surveillance alerts and exception reports. Document findings clearly and escalate when necessary
- Develop and refine surveillance scenarios, thresholds, and parameters to enhance detection capabilities
- Provide guidance and/or cross training for other positions in the compliance area
What You'll Need:
- 3-5 years of experience in trade surveillance, market surveillance, or central compliance roles within the financial industry
- Working knowledge of U.S. trading regulations and market structure
- Experience working with large sets of trade data, identify patterns, and recognize potentially problematic activity
- General understanding of broker dealer operations and knowledge of securities rules and regulations
- Strong analytical skills to understand ambiguous or complex compliance issues, refine detection logic and interpret them into meaningful actions
- Ability to independently manage multiple projects simultaneously and re-prioritize workloads as necessary
- Strong interpersonal and communication skills (written and verbal) to successfully interface with and influence all levels of management
- Working knowledge of FINRA regulatory reporting requirements, such as CAT / CAIS, LOPR, etc.
- Experience responding to regulatory inquiries or exams (e.g., FINRA, SEC, or Exchanges) is a plus
- Possession of the following FINRA registrations: SIE, Series 7, Series 24 (Series 24 can be obtained within 6 months of joining)
Applicants must be authorized to work for any employer in the U.S. DriveWealth is unable to sponsor or take over sponsorship of an employment Visa at this time.
Benefits
- Competitive medical, dental, and vision insurance options
- Mental health resources
- Generous paid time off with observed holidays (varies per country)
- Paid parental leave for biological and adoptive parents
- Up to $2,500 or local equivalent each year to invest in continued education and personal development
- Up to $900 each year or local equivalent for fitness and wellness reimbursement
- Company-provided phone (varies by country)
- Hybrid work experience that allows for flexibility
- For HQ in-office employees, a daily lunch stipend, unlimited snacks, and engaging office space in the Financial District
- Pre-tax commuter benefits (US only)
- Employer 401K match (US only)
Benefit offerings vary based on country and are subject to change.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
TO ALL AGENCIES: Please, no phone calls or emails to any employee of DriveWealth outside of the Talent organization. DriveWealth’s policy is to only accept resumes from agencies via Greenhouse (ATS). Agencies must have a valid services agreement executed and must have been assigned by the Talent team to a specific requisition. Any resume submitted outside of this process will be deemed the sole property of DriveWealth. In the event a candidate submitted outside of this policy is hired, no fee or payment will be paid.