Full-Time

Experienced/Lateral

Compliance Associate

Confirmed live in the last 24 hours

Five Rings Capital

Five Rings Capital

201-500 employees

Proprietary trading firm using data-driven strategies

Quantitative Finance
Financial Services

Compensation Overview

$140k - $170kAnnually

+ Discretionary Bonus

Mid

New York, NY, USA

Category
Risk & Compliance
Legal & Compliance
Requirements
  • at least 4 years of relevant experience at or with similarly-regulated trading businesses, such as SEC-registered dealers
  • self-starter
  • strong prioritization skills
  • organization
  • superior attention to detail
  • ability to multitask
  • prior experience at a regulatory agency (a plus)
  • experience with derivative markets (a plus)
  • legal background (a plus)
  • general computer literacy and comfort required
Responsibilities
  • surveillance and monitoring of firm trading activity
  • documenting and updating policies
  • managing regulatory reporting, examinations and communications
  • training and inducting staff
  • managing exchange memberships
  • actively advising on compliance matters
  • monitoring regulatory developments and best practices

Five Rings Capital operates as a proprietary trading firm that uses data-driven strategies to trade in various global markets. The firm focuses on executing trades quickly, often within days or weeks, to provide liquidity and serve a diverse clientele, including financial institutions and individual investors. Unlike many competitors, Five Rings emphasizes a team-first culture that promotes collaboration and mentorship, fostering an environment where innovation and analytical thinking are encouraged. The firm's business model relies on using its own capital to trade financial instruments, profiting from the difference between buying and selling prices. The goal of Five Rings Capital is to develop skilled professionals while efficiently navigating the fast-paced financial markets.

Company Stage

N/A

Total Funding

N/A

Headquarters

New York City, New York

Founded

2009

Simplify Jobs

Simplify's Take

What believers are saying

  • The firm's commitment to mentorship and developing capable minds offers significant growth opportunities for employees, fostering a culture of continuous learning and innovation.
  • Five Rings Capital's ability to execute strategies rapidly allows it to capitalize on market opportunities quickly, potentially leading to higher profitability.
  • The diverse range of markets and clients provides employees with exposure to a wide array of trading scenarios, enhancing their skills and experience.

What critics are saying

  • The fast-paced nature of proprietary trading can lead to high stress and burnout among employees, impacting their long-term well-being.
  • Relying heavily on data-driven strategies may expose the firm to significant risks if the data is flawed or misinterpreted, leading to potential financial losses.

What makes Five Rings Capital unique

  • Five Rings Capital's emphasis on data-driven strategies and rapid execution sets it apart from traditional trading firms that may rely on slower, more conventional methods.
  • The firm's team-first meritocracy and open culture foster a unique environment that encourages collaboration and innovation, unlike more hierarchical financial institutions.
  • By focusing on both established and esoteric markets, Five Rings Capital diversifies its trading strategies, reducing dependency on any single market.

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