VP – Compliance - Equity Capital Markets

Overview

Connecting clients to markets – and talent to opportunity.  With 5,400+ employees and over 80,000 institutional, commercial, and payments clients, we operate from more than 80 offices spread across six continents. As a Fortune 100, Nasdaq-listed provider, we connect clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors.  Whether you want to forge a career connecting our retail clients to potential trading opportunities, or ingrain yourself in the world of institutional investing, StoneX Group is made up of four business segments that offer endless potential for progression and growth. 

Institutional: Immerse yourself in the best-in-class institutional-grade technology, working alongside industry experts and gaining exposure to various asset classes, such as equities, options, fixed income securities, and advanced trading, research, and management technology.

Role Purpose

The successful candidate will possess a comprehensive understanding of the rules and regulations governing the equity capital markets, together with practical experience in a broker-dealer environment. The role is accountable for evaluating existing policies, procedures and supervisory processes, confirming that they satisfy applicable regulatory requirements, and designing and executing testing sufficient to evidence the Firm's compliance and supervisory controls. Working knowledge of the following rules and regulations is required, among others:

• SEC Rule 613: Consolidated Audit Trail (CAT), including order, trade and allocation event reporting, error correction and repair processes, and Customer and Account Information System (CAIS) reporting, including Firm Designated ID, transformed identifier and legal entity identifier requirements;
• Reg SHO
• FINRA Rule 6460
• Reg NMS: Rule 604, 605, 606, 611
• SEC Rule 3a51-1, SEC Rule 15g-2, Schedule 15G, SEC Rule 15g-3: Low-Priced securities (Penny-stocks),
• FINRA Rule 5310: Best Execution and Inter-positioning
• TRF and ORF reporting logic
• FINRA Rule 5210
• FINRA Rule 5220

Responsibilities

• Identify and interpret SEC, FINRA and self-regulatory organization rules and regulations to confirm that StoneX policies and procedures remain compliant across the equity capital markets businesses.
• Review existing procedures to confirm compliance with applicable laws, regulations and industry guidance relating to equity capital markets.
• Where gaps are identified, escalate and communicate findings to the responsible team, and confirm that remediation is completed and sustainable controls are implemented.
• Partner with management at all levels to confirm that appropriate supervisory processes and controls are established, documented and evidenced.
• Perform regular testing of StoneX systems to confirm that each system operates as intended and satisfies applicable regulatory requirements, including review of technical specifications, data mappings and system logic.
• Conduct testing of existing supervisory reviews and of the monitoring and review processes maintained by the surveillance teams in relation to the rules referenced above, in order to confirm that such processes are sufficient and accurate and that the governing policies and procedures remain aligned with the applicable rules.
• Develop, document and refine logic-based exception parameters, surveillance thresholds and testing criteria, and evaluate exception output to identify false positives, coverage gaps and data quality issues requiring escalation or system remediation.

Qualifications

• 7-15 years experience in Broker Dealer compliance role.
• Bachelor's degree in Finance, Accounting or a related field, preferred.
• Series 7 and Series 24, preferred.
• Demonstrated data analysis experience, including the ability to work with large order and trade data sets, reconcile data across systems, and present findings clearly to compliance and business stakeholders.
• Demonstrated ability to develop logic-based exception parameters and to design, document and execute testing that evidences the effectiveness of surveillance and supervisory controls.
• Experience with order management, execution and trading systems, and proficiency with Bloomberg terminal functionality.
• Advanced Microsoft Excel skills, including pivot tables, lookup and reference functions, and the manipulation and analysis of large data sets.
• Working knowledge of SQL and Python is desirable; candidates who do not currently possess these skills must demonstrate the aptitude and willingness to develop them.
• Highly organized, with disciplined attention to detail and to the documentation of work performed.
• Proven communication, analytical and project management skills.
• Strong relationship management and leadership skills, including demonstrated experience interacting with senior management.
• Ability to exercise sound judgment and to act decisively under tight deadlines.
• Experience interacting with senior compliance and regulatory personnel at the various exchanges and regulatory agencies.
• Must be authorized to work in the United States for any employer.
• Willingness to participate in industry, regulatory and exchange panels, organizations and committees.
• Preferred Language skills: Spanish or Portuguese is desirable. 

Hiring Salary Range $125,000 - $150,000 (Salary to be determined by the education, experience, knowledge, skills and abilities of the applicant, internal equity and alignment with market data.)   Subject to business performance and recommendations of management, this role may be eligible to participate in an incentive compensation plan.  This compensation package, in addition to a full range of medical, financial, and/or other benefits, dependent on the position, is offered.  

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