Compliance Officer

About the role

Flow Traders is seeking a dedicated Compliance Officer to join our Compliance team based in New York. This role is integral to maintaining the firm's adherence to regulatory standards and internal policies. The successful candidate will be responsible for supporting various compliance functions, including onboarding processes, investigation of alerts, and ongoing monitoring activities. The position offers a unique opportunity to work within a prominent proprietary trading firm that values innovation, integrity, and a proactive approach to compliance. The ideal candidate will demonstrate strong analytical skills, attention to detail, and the ability to handle sensitive information with professionalism and discretion. This role is on-site at our New York office and involves close collaboration with team members and stakeholders across the organization to ensure compliance standards are met and continuously improved.

Key facts

What you'll do

• Collect, evaluate, and document the onboarding process for new institutional counterparties, including gathering required information and ensuring all compliance checks are completed thoroughly.
• Conduct detailed investigations into compliance alerts related to personal trading activities, sanctions violations, negative news reports, electronic communications, and exchange registration issues, maintaining comprehensive and organized case notes for each investigation.
• Oversee and manage employee access to third-party trading, clearing, and compliance systems, ensuring appropriate permissions are granted and revoked as necessary, and maintaining records of access controls.
• Support the broader employee compliance program by assisting with onboarding and termination procedures, monitoring personal trading activities, and reviewing outside business activities to prevent conflicts of interest.
• Assist in the implementation, communication, and periodic review of Written Supervisory Procedures, ensuring they remain effective and aligned with regulatory requirements.
• Identify opportunities to enhance the compliance program, including recommending process improvements, updating policies, and fostering a culture of compliance within the organization.
• Support the Chief Compliance Officer with daily operational functions, including preparing reports, tracking compliance metrics, and participating in global compliance initiatives and projects.
• Help ensure ongoing compliance with regulations related to gifts and entertainment, political contributions, exchange registrations, social media use, electronic communications, and employee education programs.
• Maintain up-to-date knowledge of relevant regulations and industry best practices to ensure the firm's compliance program remains current and effective.
• Collaborate with internal teams such as Legal, Risk, and Trading to address compliance issues promptly and effectively.
• Assist with the management of compliance-related documentation, records, and audit preparations to facilitate regulatory examinations and internal reviews.

Requirements

• A minimum of three years of experience in AML/KYC, broker-dealer compliance, or related financial compliance roles is highly preferred.
• Bachelor's degree in Finance, Economics, Business, or a related field is required.
• Demonstrated professionalism, integrity, and sound judgment when handling sensitive and confidential information.
• Excellent written communication skills, with the ability to produce clear, organized, and detailed documentation and reports.
• Strong organizational skills and meticulous attention to detail to manage multiple investigations, documentation, and compliance activities effectively.
• A process-oriented approach to problem-solving, with the ability to develop practical, well-informed proposals for compliance improvements.
• Self-motivated and proactive, capable of managing multiple priorities in a fast-paced environment while maintaining high standards of accuracy and thoroughness.
• Familiarity with compliance tools such as World-Check One, ACA ComplianceAlpha, Salesforce, Smarsh, Bloomberg Vault, and Microsoft Purview is advantageous.
• Knowledge of programming languages such as Python and SQL is a plus, as it can support data analysis and automation tasks.
• Ability to work collaboratively across teams and communicate effectively with stakeholders at all levels.

Nice to have

• Prior experience working in proprietary trading, hedge funds, or financial services firms.
• Knowledge of relevant regulatory frameworks, including SEC, FINRA, and CFTC regulations.
• Exposure to global compliance initiatives and cross-border regulatory considerations.
• Experience with compliance training programs and employee education initiatives.
• Familiarity with electronic communication monitoring and surveillance systems.

Skills & tools

• Strong analytical and investigative skills to assess compliance alerts and conduct thorough investigations.
• Excellent written and verbal communication skills to articulate findings clearly and effectively.
• Organizational and time management skills to handle multiple investigations and compliance activities simultaneously.
• Familiarity with compliance software and databases, including World-Check One, ACA ComplianceAlpha, Salesforce, Smarsh, Bloomberg Vault, and Microsoft Purview.
• Basic programming skills in Python and/or SQL are considered a plus, supporting data analysis and process automation.
• Ability to interpret complex regulatory requirements and translate them into practical policies and procedures.
• Critical thinking and problem-solving skills to identify compliance risks and recommend appropriate mitigation measures.

Practical notes

Flow Traders emphasizes open and transparent communication with employees, stakeholders, and the broader community. We believe that fostering a strong compliance culture requires ongoing dialogue and education. Compensation for this role is determined through reliable market research, and salary ranges are influenced by experience, skill set, and location. The total compensation package includes a base salary ranging from $95,000 to $130,000, depending on the candidate's background, along with an annual discretionary variable remuneration based on individual and company performance.

Flow Traders is committed to fair and equitable hiring practices. We do not accept unsolicited resumes from staffing or search firms. Any candidate submissions without a valid signed search agreement will be considered free to contact by Flow Traders, and no placement fee will be paid if the candidate is hired. We encourage candidates to apply directly through our official channels and look forward to welcoming a motivated compliance professional to our team.