Director, Trade Surveillance & Financial Crimes Compliance

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage — all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU).

Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Here's a closer look at our key entities:

• Futu Clearing Inc.: An SEC registered FINRA member dedicated to delivering top-tier clearing and execution services globally.
• Moomoo Financial Inc.: As an SEC registered FINRA member, we provide retail investors access to both U.S. and Asian securities markets, ensuring your investment journey is backed by expertise.
• Moomoo Technology Inc.: Offering a data-rich trading platform, we provide unparalleled insights and tools to enhance your trading strategies. Note that this entity is not a licensed broker-dealer.

For deeper insights into our entities and affiliates, explore futuclearing.com or moomoo.com/us to discover the future of investing with confidence and innovation.

Job Summary

The Director, Trade Surveillance & Financial Crimes Compliance is responsible for leading, overseeing, and continuously enhancing the firm's Trade Surveillance and AML programs. This role provides strategic and operational leadership over market abuse surveillance, supervisory review, financial crime investigations, transaction monitoring, customer due diligence, regulatory reporting, and program governance.

As the firm's subject matter expert for Trade Surveillance and AML, this leader is responsible for ensuring the effectiveness of surveillance and AML controls, maintaining compliance with SEC, FINRA, BSA, USA PATRIOT Act, OFAC, and other applicable regulatory requirements, and proactively identifying emerging risks through data analytics, technology, and industry best practices.

The position partners closely with Compliance, Risk, Operations, Legal, Technology, Product, Internal Audit, and executive leadership to strengthen the firm's compliance framework while supporting continued business growth.

Requirements

Essential Responsibilities

Trade Surveillance & Supervisory Oversight

• Lead and oversee the firm's Trade Surveillance and supervisory review programs across equities, options, ETFs, and digital asset products offered through the retail broker-dealer.
• Supervise the daily review, investigation, escalation, and resolution of surveillance alerts and exception reports.
• Ensure surveillance activities effectively identify and investigate potential market abuse, including:
• Insider Trading
• Front Running
• Spoofing and Layering
• Wash Trading
• Cross-Product Manipulation
• Marking the Close/Open
• Momentum Ignition
• Manipulative Trading Practices
• Employee Trading Violations
• Other prohibited trading activity
• Establish investigation standards, documentation requirements, quality assurance procedures, and supervisory controls.
• Oversee case prioritization, assignment, escalation, documentation, and timely resolution.
• Ensure surveillance activities satisfy SEC, FINRA, exchange, and internal supervisory obligations.
• Evaluate new business initiatives, products, and trading functionality to ensure appropriate surveillance coverage prior to implementation.

Anti-Money Laundering Program Leadership

• Lead and continuously enhance the firm's AML Program, ensuring compliance with the Bank Secrecy Act (BSA), USA PATRIOT Act, FINRA, SEC, FinCEN, and OFAC requirements.
• Oversee and strengthen:
• Customer Due Diligence (CDD)
• Enhanced Due Diligence (EDD)
• Transaction Monitoring
• Ongoing Customer Monitoring
• High-Risk Customer Reviews
• Suspicious Activity Investigations
• Sanctions Screening
• OFAC Investigations
• AML Risk Assessments
• Ensure customer risk ratings appropriately reflect evolving risks and regulatory expectations.
• Oversee periodic reviews of higher-risk customer relationships and complex onboarding decisions.
• Conduct periodic AML program effectiveness reviews and implement enhancements based on emerging risks, regulatory developments, examination findings, and industry best practices.
• Partner with Technology and Operations to improve AML systems, monitoring capabilities, automation, and investigative workflows.

Investigations, Escalations & Regulatory Reporting

• Oversee complex Trade Surveillance and AML investigations from initial detection through resolution.
• Serve as the pr