Compliance Officer

Tower Research Capital, a high-frequency proprietary trading firm founded in 1998, seeks a Compliance Officer to join our Legal and Compliance team.

Responsibilities

• Providing ongoing compliance advice to Tower’s trading teams and reviewing new product requests
• Assisting in the maintenance of the existing Broker Dealer compliance programs
• Monitoring of regulatory developments and succinctly communicating risks/opportunities to relevant groups in the firm
• Developing and maintaining compliance policies and procedures
• Preparing and providing training for Tower personnel
• Responding to regulatory inquiries and exam requests
• Reviewing of escalated alerting from the firm’s central surveillance function
• Leading compliance initiatives and collaborating on strategic projects, including implementation of compliance programs

Qualifications

• At least 5 - 10 years of relevant work experience in a regulatory compliance role with a financial services firm
• Working knowledge of electronic trading in a variety of asset classes, including equities, equity options and futures, fixed income, and foreign currency
• Experience interpreting US Broker Dealer regulations and requirements and maintaining compliance within FINRA and SEC regulatory regimes
• Knowledge of regulatory reporting specifications and processes (e.g. CAT, Trace) and the expertise to apply them to Tower’s lines of business
• Ability to write and review internal policies and Supervisory Procedures
• Proven analytical skills, including the analysis of large amounts of order and trade data whilst maintaining attention to detail
• Ability to work both independently and within a team of employees from multiple departments
• Strong verbal and written communication skills

Anticipated annual base salary range is $140,000-$170,000, plus eligible for discretionary bonus.

Benefits

Tower’s dual offices and garden roof decks are located in TriBeCa and SoHo, neighborhoods in downtown Manhattan. While we work hard, Tower’s cubicle-free workplace, jeans-clad workforce, and well-stocked kitchens reflect the premium the firm places on quality of life. Benefits include:

• 401(k) with company matching
• 5 weeks of paid vacation per year plus 11 paid holidays
• Free breakfast, lunch, and snacks on a daily basis
• Reimbursement for health and wellness expenses
• Free events and workshops
• Donation matching program

Tower Research Capital is an equal opportunity employer.