Director, Senior Compliance Officer

CTC is a cutting-edge proprietary trading firm with a long-term vision and a clear focus on helping the world price and manage risk. Our fun and trusting culture inspires us to solve the industry’s most challenging problems and take calculated risks in a collaborative environment.

We strive to be the most innovative firm in the industry today, tomorrow, and long into the future while upholding ethical excellence. We believe that CTC makes a positive impact on the markets, the lives of our employees, and all the communities to which we belong. Started in 1995 by a team of forward-thinking Traders, we are proud to call ourselves an industry leader that keeps making markets and each other better.

CTC invites applications for a Director - Senior Compliance Officer role. Candidates should have strong expertise in securities (listed options, fixed income, equities) and commodities trading to support our compliance division.

WHAT YOU'LL DO

As the Director - Senior Compliance Officer, you will report to the Chief Compliance Officer and handle various tasks supporting the firm’s global compliance and trading operations, focusing on U.S. trading. The ideal candidate will be self-motivated and use their experience, analytical skills, and intellectual curiosity to accomplish the following:

• Develop, refine, and apply proprietary and external surveillance rules on a variety of topics, including market maker quote compliance, market abuse, and off-channel electronic communications monitoring.
• Supervise Compliance staff responsible for reviewing, dispositioning, and advancing surveillance alerts.
• Draft and update compliance written supervisory procedures, including desktop procedures for Compliance staff.
• Assist the Chief Compliance Officer with designing, documenting, and completing internal control testing plans and collaborate with firm stakeholders to address gaps identified.
• Coordinate and prepare responses to formal investigations and other regulatory inquiries from various U.S. and European regulators, including exchanges, SEC, and FINRA.
• Assist with the management and coordination of regulatory exams and audits.
• Monitor and evaluate the firm’s trade activity using an internal surveillance system that generates reports covering aspects such as market maker obligations and market manipulation.
• Review and summarize proposed regulatory rules for applicability.
• Provide regulatory advice on new business initiatives.
• Facilitate rule interpretation, continuing education and best business practices through training and issuance of compliance memos.
• Liaise and communicate with various teams including trading, technology and operations.

WHAT WE'RE LOOKING FOR

• Bachelor’s degree required, a Law degree is a plus.
• Candidates should have at least 10 years of experience in a compliance function that directly supports a professional trading business, or at least 4 years in a compliance function that supports a professional trading business and 6 additional years in non-compliance roles in financial services.
• Ability to manage and prioritize multiple ongoing projects in a fast-paced, high-performing trading environment.
• Ability to regularly assess the efficiency of control systems and recommend effective improvements.
• Demonstrate a high level of integrity.
• Proactive approach to help identify regulatory risk for the firm.
• Ability to operate effectively in a team environment.
• Solid knowledge of electronic trading, emphasizing listed options and futures.
• Extensive knowledge of SEC, FINRA, CFTC and SRO rules and regulations.
• Establish strong working relationships with exchanges, regulators and vendors.
• Exceptional verbal and written communication skills.
• Strong time management skills with an emphasis on follow-through and completion of projects.
• Legal authorization to work in the U.S. is required. We will not sponsor individuals for employment authorization for this job opening.

NICE TO HAVE

• Series 57 and 24
• Prior securities or commodities trading experience

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.

Salary Range

$175,000—$220,000 USD

Most teams at CTC, with the exception of Trading, follow a hybrid workplace model, subject to change based on business need.

Our Benefits

We strongly believe in the well-being of our employees and their families so we offer outstanding benefits to support you both professionally and personally. These benefits include generous time off, insurance coverage, paid parental leave, free breakfast and lunch (plus healthy snacks, of course), wellness reimbursement, and a variety of other benefits focused on providing the best employee experience.

(Disclaimer: interns and contractors are not eligible for benefits at CTC)

Our Commitment to Diversity, Equity and Inclusion

At CTC, we aim to cultivate a workplace that celebrates diversity and each person feels included, engaged and empowered. Where each of us feels we belong. We are committed to having a diverse workforce and are proud to be an equal opportunity employer. CTC does not discriminate on the basis of race, religion, color, national origin, sex, gender, gender expression, 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 crucial job functions, and to receive other benefits and privileges of employment.

If you have a disability and believe you need a reasonable accommodation in order to search for a job opening or to apply for a position, please contact us at [email protected]. Note that emails sent to this email account for non-disability related issues, such as following up on an application, will not receive a response.

Use of Artificial Intelligence (AI)

Information submitted by job applicants may be subject to review and analysis by automated systems, including Artificial Intelligence (AI), as part of the recruitment process. Such systems are utilized to enhance the efficiency and effectiveness of our hiring procedures. Applicants are advised that any information provided may be evaluated by AI tools to ensure an equitable and thorough assessment.

Compensation

The salary range for this role is listed below. This role is also eligible for an annual discretionary bonus. The discretionary bonus will be dependent upon the individual’s skills, experience, qualifications, and firm performance.