Compliance Associate

Huatai Securities (USA), Inc; New York (NY); On-site; USD 90,000 - 130,000; Full time

Job summary

Huatai Securities (USA) Inc., based in midtown New York, seeks a Compliance Associate to support a robust compliance program across equity and fixed income trading, capital markets, and regulatory affairs.

You will perform surveillance, assist with regulatory filings, and help onboard new staff while ensuring adherence to SEC, FINRA, CFTC and NFA rules. Strong analytical, written, and communication skills are essential.

Qualifications

• Bachelor’s degree required.
• 3-5 years of compliance experience in securities-regulated environment.
• Solid knowledge of SEC, FINRA, CFTC, NFA rules and trading markets.
• Strong written and verbal communication skills.
• Independently perform surveillance reviews and resolve issues.
• Experience with onboarding and regulatory filings is preferred.

Responsibilities

• Plan and conduct trade surveillance and compliance reviews.
• Assess controls to ensure compliance with laws and internal policies.
• Collaborate with trading and operations teams to ensure compliance objectives.
• Review marketing materials and client communications for compliance.
• Assist in regulatory filings and regulatory exams or inquiries.
• Support onboarding of new staff and conduct training.
• Maintain and update the Firm’s Restricted List and conflicts reviews.

Skills

Bachelor’s Degree

3-5 years' experience

SEC/FINRA knowledge

Communication skills

Regulatory compliance

Surveillance reviews

Education

Bachelor’s Degree

Job description

Huatai Securities (“HTSC”) is one of the largest integrated securities groups in China. The company’s shares are traded on the stock exchanges in Shanghai, Hong Kong, and London. HTSC’s current market capitalization is approximately$23 billion.

Huatai Securities (USA) Inc., a wholly owned subsidiary of HTSC, is an NFA Member and FINRA Member US Broker-Dealer.Based in midtown New York, Huatai Securities (USA) Inc. is a boutique China-focused broker-dealer providing institutional clients with cross-border investment banking and institutional securities services in Equities and Fixed Income, and Futures as introducing broker. For more information, please visit us at www.htsc-us.com.

Role Summary

The Compliance Associate will assist with managing a robust Compliance program and will report to the Chief Compliance Officer. The successful candidate will support and administer multiple compliance reviews and regulatory tasks of the equity and fixed income sales, trading and capital markets business as well as general compliance processes related to registration, continuing education, personal trading, communications, and conflicts of interest. The ideal candidate should have proficient working knowledge and experience with SEC and FINRA rules related to Equities and Fixed Income trading, capital markets, clearing and settlement plus NFA rules related to swaps and futures.

The candidate will provide compliance input on the development of order management systems and surveillance tools, regulatory reporting, tactical and strategic plans for compliance to support business initiatives. The candidate provides comprehensive solutions to complex problems or needs where end results are evaluated for achieving goals and objectives. The candidate will help drive the evolution of the Firm’s overall Compliance program.

Key Job Responsibilities

• Plan and conduct trade surveillance and compliance reviews to determine whether activities are performed in accordance with applicable securities laws and regulations
• Assess the design and effectiveness of controls for each review to assess and enhance compliance with applicable laws regulations internal policies and procedures
• Work with institutional trade execution platforms, capital markets and operations teams to ensure adherence to set compliance objectives and educate teams on industry best practices
• Review and advise on marketing material and research disclosures, as well as external client communications
• Assist in developing Firm policies and procedural manuals, and preparing reports for regulatory bodies and senior management both in the US and China
• Provide support in regulatory filings and future regulatory exams or inquiries
• Partner with new employees to assist with onboarding and conduct compliance training
• Perform conflict reviews for all investment opportunities reviewed by the Firm and maintain the Firm’s Restricted List.

Required Qualifications and Skills

To be successful in the role, the candidate has the following skills and qualifications:

• Minimum requirement of a Bachelor’s Degree
• 3-5 years of progressively responsible experience as a compliance professional for a securities-regulated entity or business; diversity of coverage experience preferred
• Demonstrates broad knowledge, critical thinking and sound judgment
• Solid understanding of SEC, FINRA, CFTC, NFA regulations and proficient working knowledge of equity/fixed income trading, futures, operations/clearing and capital markets, new issues and private placements
• Diligent, detailed and results-oriented with strong motivation for high standards and following through on tasks to completion/resolution
• Independently perform surveillance reviews, identify and resolve exceptions in a timely manner, gather and analyze information and develop solutions for long-term impact
• Strong written and verbal communications skills
• Experience navigating multi-faceted organizations and recognizing/escalating divergent priorities
• Highly proactive, independent and demonstrates professional leadership abilities

Preferred Qualifications

• Series 7 or obtain within 6 months of Hire