Vice President - GLOCAP : Job Details

Job Overview (Essential Functions of the Job):

The Vice President Compliance Officer will act in an advisory capacity to the Advanced Clearing and Prime Services (ACaPS) Division and the Fixed Income Commodities Currencies and Stock Lending (FICCS) Division, as well as the Operations Department. This includes correspondent clearing services, prime brokerage services, fixed income trading, stock lending, and transaction reporting. The role involves creating and updating policies for these divisions and conducting supervisory controls testing. This position reports directly to the Chief Compliance Officer (CCO).

Key Responsibilities:

• Assist with the design and execution of regulatory compliance testing for ACaPS, FICCS businesses, and Operations.
• Ensure policies and standards compliance; identify key risk control gaps.
• Collaborate with business supervision teams to evaluate and prioritize testing based on applicable rules.
• Ensure consistency in compliance testing and rule interpretation with other compliance colleagues.
• Monitor compliance with SEC, FINRA, and other regulations, staying updated on changes in compliance laws.
• Advise business supervision staff on emerging compliance issues.
• Assist in developing policies, procedures, and risk management analyses.
• Conduct branch office audits and support the firm's 3120 testing processes.
• Assist with Market Access Testing for FICCS activities and draft policies for ACaPS, FICCS, and Operations.
• Work with the CCO to obtain information for ACaPS and FICCS inquiries and examinations.
• Educate and train personnel on compliance and regulatory topics.
• Perform other duties as assigned.

Skills & Abilities Required:

• Bachelor's degree required; JD preferred.
• 7-10 years of experience in a securities firm.
• Extensive knowledge of equity and fixed-income markets, trading rules, and systems.
• Understanding of regulatory requirements (FINRA, SEC, etc.), including ACT, OATS, Reg SHO, Reg NMS, Rule 605, Rule 606, SEC Rule 15c3-5, TRACE, and MSRB trade reporting.
• Knowledge of options trading and compliance for syndicate research and investment banking.
• Ability to support private wealth products and related compliance obligations.
• Strong organizational skills, attention to detail, and ability to multitask efficiently.
• Excellent communication, presentation, and critical-thinking skills.
• Proficiency in Microsoft Office (Outlook, Word, Excel, PowerPoint).
• Ability to travel at least 30%.

Experience Requirements:

• Minimum 10 years of experience in securities firms.
• Extensive understanding of correspondent clearing and prime services activities.
• Knowledge of institutional fixed income trading and compliance requirements (Reg SHO, Reg NMS, SEC Rule 15c3-5, TRACE trade reporting, CAT reporting).
• Familiarity with SEC, FINRA, and regulatory trading rules.

Licenses & Certifications:

• Required: Series 7, 24