Director, Enterprise Electronic Trading and Controls Compliance

Job Description Summary

Under limited supervision, uses extensive knowledge and skills obtained through education, experience, specialized training and/or certification in securities industry compliance to support the design, implementation and supervision of a comprehensive electronic trading and controls compliance program, inclusive of SEC Rule 15c3-5 (“the Market Access Rule”). Leads major projects, programs or processes with significant business impact involving cross-functional teams. Supervises others to perform difficult assignments that are broad in nature. Influences strategic direction and develops tactical plans and completes complex assignments with substantial latitude for un-reviewed actions or decisions. Maintains extensive contact with customers to identify, research, analyze and resolve complex issues.

Job Description

Essential Duties and Responsibilities

• Develops and maintains compliance programs, systems, policies and procedures to ensure compliance with electronic trading and controls regulations in the U.S.

• Organizes and facilitates the enterprise Electronic Trading and Controls Committee on a quarterly basis.

• Designs and executes electronic trading and controls monitoring activities on a recurring frequency.

• Works with RJF Compliance Pillars to appropriately ingest Market Access risks, obligations, and to develop KRIs.

• Uses data and performance indicators to establish control mechanisms and other improvement initiatives, and ensures quality standards are consistently attained or exceeded related to Market Access.

• Works with the Business Unit Compliance teams to develop, review, and assist in adjusting applicable department supervisory procedures to adapt to changing regulatory matters related to Market Access.

• Establishes program requirements for international subsidiaries to provide reporting to RJF.

• Establishes required enterprise electronic trading and controls compliance training to comply with regulatory requirements/expectations.

• Leads and manages all aspects of large, complex projects through their entire project lifecycle (initiation, planning, execution, closure).

• Reviews electronic trading compliance and risk management controls and recommends appropriate changes, as required.

• Coordinates the preparation and assists applicable U.S. businesses in completing the annual FINRA Market Access 15c3-5 CEO certification. 

• Plans, assigns, monitors, reviews, evaluates, and leads the work of others.

• Coaches and mentors subordinate, identifies training needs and recommends appropriate development programs.

• May oversee compliance exception reporting processes and take appropriate action, as required.

• May perform human resource management activities, including identifying performance problems and approving recommendations for remedial action; evaluating performance; and interviewing and selecting staff. 

• Continually evaluates the department structure and strategic plan, considering future growth. Promotes overall efficiency while maintaining a commitment to compliance standards and excellent service.

• Ensures processes and procedures support efficient and timely workflow.

• Performs other duties and responsibilities as assigned.

Knowledge, Skills, and Abilities

Advanced Knowledge of:

• Concepts, practices, and procedures of securities industry compliance.

• Rules and regulations of the Securities Exchange Commission (SEC); Financial Industry Regulatory Authority (FINRA); and state securities regulatory agencies.

• Section 404 of the Sarbanes-Oxley Act of 2002.

• Retail and clearing firm operations.

• Financial markets and products. 

• Investment concepts, practices and procedures used in the securities industry.

Advanced Skill in:

• Administering regulatory notifications and filings.

• Planning and scheduling work to meet regulatory organizational and regulatory requirements.

• Investigating compliances issues and irregularities.

• Making rule-based and analytical decisions.

• Identifying and applying appropriate compliance monitoring procedures and tests.

• Written and verbal communications skills sufficient to professionally address a wide and varied audience both internally and externally.

• Preparing oral and/or written reports. 

• Project management skills and experience sufficient to successfully complete long and short-term projects.

• Operating standard office equipment a