Job Information
Citizens Equity Sales & Trading Compliance Officer in New York, New York
Description
General Responsibilities:
Support and advise sales and trading personnel on applicable SEC and FIRNA rules and regulations applicable to equity market making, agency trading and options trading.
Develop, implement, and maintain policies and procedures across equity sales and trading.
Analyze regulatory changes as they relate to equity sales and trading, and coordinate with various stakeholders to develop efficient processes and procedures to address any new requirements.
Establish and execute a controls testing program designed to ensure that policies and procedures are reasonably designed to achieve compliance with applicable regulations.
Coordinate regulatory responses to equities and options related exams, inquiries, and requests.
Coordinate with CCO on developing and implementing strategies to enhance regulatory compliance and reduce risk.
Develop, organize, and deliver on-going compliance training.
Participate on industry committees and attend conferences and roundtables as applicable.
Trade Surveillance Responsibilities:
Review and resolve daily exceptions relating to trading activity, trade reporting, and order handling generated by the firm’s order management systems, trade reporting systems, surveillance systems and clearing firms.
Maintain a system of calendars, checklists, and spreadsheets to evidence daily reviews / remediation.
Perform daily reviews of all Consolidated Audit Trail (CAT), and Customer and Account Information System (CAIS) data, including linkage and named errors, to help identify errors and inconsistencies for prompt repair/resubmission.
Develop and perform daily trading and best execution reviews based on both SEC / FINRA rules and the firm’s Best Execution practices, including, but not limited to, CAT, Rules 605/606, Reg NMS, Reg SHO, TRF Reporting, ACT, Rule 15c3-5 (Market Access), low priced securities and market manipulation.
Regularly engage with trading desk, operations, compliance, risk, FINRA, and external vendors to resolve exceptions, escalating issues to management as necessary.
Conduct regular review of procedures and systems to further automate daily processes and increase team efficiency.
This list of duties and responsibilities is not intended to be all-inclusive and can be expanded to include other duties or responsibilities deemed necessary.
Qualifications:
5-10+ years of compliance or regulatory experience.
Strong knowledge of SEC and FINRA rules.
Bachelor’s degree and/or equivalent work experience in the financial industry, especially with Trading Surveillance, Trading Desk, Trade Support, Compliance or Risk Management, is a plus.
Strong knowledge of SEC and FINRA rules related to equities and options trading.
Series 4, 7, 24, 57 exams preferred, or willingness to start taking exams within the first 3 months.
Ability to reach sound judgments and act quickly under tight deadlines.
Experience with the following systems: Fidessa (OMS); Nasdaq Smarts (trade surveillance/case management); Global Relay (e-comm surveillance/case management).
Ability and willingness to learn and adapt to new systems.
Must be a self-starter with strong work ethic and be flexible and adaptive.
Maintain prompt and regular attendance.
Excellent written and verbal communication skills.
Ability to take initiative in completing assigned tasks in a timely manner and meet deadlines.
Strong time management skills, ability to learn quickly and adapt to changes and be flexible.
Excellent organizational skills, attention to detail and ability to prioritize and manage multiple tasks.
Proficient knowledge of Microsoft Office including Excel.
Knowledge of programming and query languages is a plus.
Willingness to assist in other areas on an as-needed basis.
Must be available for travel as needed.
Hours and Work Schedule
Hours per Week: 40
Work Schedule: Monday - Friday
Pay Transparency
The salary range for this position is $159,680 - $225,000 per year, plus an opportunity to earn an annual discretionary bonus. Actual pay is based on various factors including but not limited to the work location, relevant skills, and experience.
We offer competitive pay, comprehensive medical, dental and vision coverage, retirement benefits, maternity/paternity leave, flexible work arrangements, education reimbursement, wellness programs and more. Note, Citizens’ paid time off policy exceeds the mandatory, paid sick or paid time-away policy of very local and state jurisdiction in the United States.
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Equal Employment Opportunity
At Citizens we value diversity, equity and inclusion, and treat everyone with respect and professionalism. Employment decisions are based solely on experience, performance, and ability. Citizens, its parent, subsidiaries, and related companies (Citizens) provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to age, ancestry, color, citizenship, physical or mental disability, perceived disability or history or record of a disability, ethnicity, gender, gender identity or expression (including transgender individuals who are transitioning, have transitioned, or are perceived to be transitioning to the gender with which they identify), genetic information, genetic characteristic, marital or domestic partner status, victim of domestic violence, family status/parenthood, medical condition, military or veteran status, national origin, pregnancy/childbirth/lactation, colleague’s or a dependent’s reproductive health decision making, race, religion, sex, sexual orientation, or any other category protected by federal, state and/or local laws.
Equal Employment and Opportunity Employer
Citizens is a brand name of Citizens Bank, N.A. and each of its respective affiliates.
Why Work for Us
At Citizens, you'll find a customer-centric culture built around helping our customers and giving back to our local communities. When you join our team, you are part of a supportive and collaborative workforce, with access to training and tools to accelerate your potential and maximize your career growth
05/12/2024