Compliance at Elk Grove Village, Illinois

Compliance Associate

EdgeClear simplifies access to financial markets through outstanding brokerage technology, services, and solutions. We are an experienced team of industry professionals who share a passion for trading and a deep understanding of its complexities. Our approach combines advanced technology, high-touch service, and disciplined risk management. Everything we build is Trader-Inspired.

EdgeClear is growing, and with growth comes the need further to enhance our world-class compliance program. We are looking for a Compliance Associate to join our team and work directly under our Chief Compliance Officer (CCO), supporting the development and day-to-day operation of EdgeClear's compliance program across our brokerage and fintech operations. This is a hands-on role that blends legal and regulatory research, policy support, AML/KYC operations, and cross-functional collaboration. If you have a background in paralegal work, legal operations, or financial regulatory compliance and want to grow into a career in fintech and brokerage compliance, this is your entry point to achieve this with a great team.

What You Will Do:

• Support the CCO in maintaining and improving EdgeClear's AML/KYC program, including customer onboarding reviews, due diligence documentation, ongoing monitoring, and periodic updates.
• Research and track NFA, CFTC, and other applicable regulatory updates; summarize business impact and flag action items for the CCO.
• Assist in drafting, updating, and organizing compliance policies, procedures, and internal controls documentation.
• Conduct compliance reviews and support internal audits, helping to evaluate adherence to regulatory and internal standards.
• Partner with Marketing and Operations to review advertising, disclosures, privacy policies, and customer-facing communications for compliance.
• Help investigate potential compliance issues and coordinate documentation and escalation with the CCO and internal teams.
• Support regulatory inquiries, audits, and NFA examinations by preparing materials and maintaining audit-ready records.
• Help develop and deliver internal compliance training on AML/KYC, regulatory requirements, fraud awareness, and ethics.
• Maintain organized, accurate compliance records and assist in preparing compliance reports for leadership.

What We Are Looking For:

• Bachelor's degree in legal studies, paralegal studies, business, finance, accounting, criminal justice, or a related field.
• 1+ years of experience in a paralegal, legal assistant, compliance, regulatory, or financial operations role.
• Exposure to or working knowledge of AML/KYC, BSA/Patriot Act, OFAC, or consumer protection regulations.
• Familiarity with financial regulatory frameworks such as NFA, CFTC, FINRA, or SEC is a strong plus.
• Strong research, writing, and organizational skills with meticulous attention to detail.
• Clear communicator who can translate complex regulatory language into plain English for internal teams.
• Comfortable managing multiple tasks and deadlines in a fast-paced, evolving environment.
• Proficient with Microsoft Office or Google Workspace; experience with compliance tools or CRM systems is a bonus.
• Must be able to work on-site in Chicago (River North) five days per week.

You May Be a Great Fit If...

• You have paralegal or legal assistant experience and are eager to apply your skills in a fintech or financial services environment.
• You have worked in a compliance-adjacent role at a bank, credit union, insurance firm, or financial technology company and want to deepen your regulatory expertise.
• You have studied or worked in criminal justice, fraud prevention, or investigations and are drawn to the financial compliance space.
• You have an NFA, CFTC, FINRA, or SEC background from an academic or early-career context and want to grow it in a hands-on brokerage environment.
• You thrive in small teams where your work is visible, your contributions matter, and there is real room to grow. You will not find yourself stagnant in your career with EdgeClear.

What We Offer:

• A direct reporting line to the CCO with genuine mentorship and a clear path to a Compliance Manager, Compliance Officer and Chief Compliance Officer career trajectory.
• Exposure to a full-stack brokerage and fintech compliance program across NFA/CFTC regulations, AML/KYC, fraud, and marketing compliance.
• Competitive compensation and health benefits.
• 401(k) with full company match.
• A collaborative, trader-inspired culture where compliance is valued as a core business function, not a back-office afterthought. Compliance is woven into all of our programs and is a key protection of our business and customers.

This is a full-time, on-site role based at EdgeClear's Chicago office in River North. Candidates must be able to commute five days per week.

EdgeClear is committed to diversity and inclusivity in the workplace. We welcome applicants of all backgrounds and are proud to be an equal opportunity employer.