Head of Compliance Testing

Job Description

Interactive Brokers LLC is looking for a motivated and talented Head of Compliance Testing who is knowledgeable of U.S. securities and/or commodities regulations, and has appropriate experience at a broker / dealer, regulatory agency, exchange, accounting firm or law firm. In particular, we are looking for someone with experience in designing, maintaining and managing a compliance testing program.

Responsibilities

The primary responsibilities of the Compliance Testing Officer include:

• Managing the firm’s annual compliance testing program
• Coordinating the execution of testing reviews with stakeholders across various departments and ensuring reviews are conducted in accordance with firm procedures.
• Assist in the development of the firm’s compliance testing program, including testing procedures, methodologies, risk assessments and frequency schedules to comply with relevant legal and regulatory requirements and industry best practices.
• Execute the firm’s compliance testing program,
• Drafting specifications for testing queries, scripts, and enhanced controls to be implemented by business or programming staff.
• Reporting compliance testing findings to management and defining management actions plans with stakeholders to address findings.
• Tracking compliance testing findings from discovery to remediation.
• Other Core Compliance activities as needed.

Qualifications

• At least 5+ years of experience with the SEC, FINRA, CFTC, NFA, an exchange, an accounting firm or law firm with a focus on security or commodity regulations, a broker-dealer or an FCM.  Experience in a compliance testing or audit role is strongly preferred.
• Experience testing regulatory requirements related to markets and trading across various products, such as stocks, options, bonds, and futures.
• High degree of comfort and fluency with computers and technology.
• Outstanding oral and written communication skills.
• Ability to work both independently and to multi-task with minimal supervision.
• Registrations (i.e., SIE, Series 7, 24 and/or Series 3 registration) if no registrations can consider a member in good standing of the bar of any U.S. state or the District of Columbia.
• Experience with Atlassian Confluence/JIRA preferred.

Company Benefits & Perks