SVP, Chief Compliance Officer of the Futures Division

Job Description

Job Description

Wedbush Securities is one of the largest securities firms and investment banks in the nation. We provide innovative financial solutions through our Wealth Management, Capital Markets, Futures and Advanced Clearing & Prime Services divisions. Headquartered in Los Angeles, California with over 100 offices and more than 80 correspondent offices, our commitment to providing relentless, customized service is the foundation of our consistent growth. 

Our Chicago office is hiring an experienced Chief Compliance Officer of the Futures Division. The position is responsible for overseeing and managing compliance within the Futures Commission Merchant (FCM). The position ensures the organization and its employees are in compliance with regulatory requirements as well as with internal policies and procedures. The position interfaces with various regulatory organizations.

• Lead the Futures Commission Merchant (FCM) Compliance team and oversee Trade Surveillance activities
• Interface with regulatory organizations and maintain ongoing regulatory relationships
• Respond to internal and regulatory inquiries and support remediation efforts as needed
• Manage and facilitate on?site regulatory examinations
• Provide guidance and interpretation on regulatory and compliance matters
• Assist in identifying, addressing, and resolving regulatory issues or violations
• Serve as a liaison with internal and external legal counsel
• Chair and govern the FCM New Account Committee
• Perform other duties as required and assigned

• Bachelor's Degree from accredited university required, preferably in Business, Economics, Accounting or other related field
• Advanced degree (JD, MBA, MA/MS) highly preferred

• 10+ years of securities industry regulatory compliance experience, with at least 5+ years of leading broker-dealer compliance function

• FINRA Series 3, 30 Required

• Experience interacting with C-suite executives and Boards of Directors

• Proven track record with FINRA, SEC, NFA and other industry regulatory authorities

• Advanced knowledge of broker-dealer and investment advisory laws and regulations

• Highly organized and able to multi-task and manage multiple projects and competing priorities without sacrificing accuracy or efficiency

• Excellent communication and presentation skills with the ability to communicate effectively across various departments and levels of the organization

• Exhibit a forward?looking, strategic approach to monitoring and integrating emerging regulatory requirements and industry best practices

• Strong negotiation and conflict resolution skills