Compliance Lead

Phaxis; Chicago (IL); Hybrid; USD 99,000 - 121,000; Full time

Benefits offered by this job

Health benefits

401(k) matching

PTO

Parental leave

Professional development

Job summary

Phaxis is seeking an experienced Lead Compliance Analyst to support its regulatory compliance function for a leading proprietary trading and options market-making practice in Chicago. The role focuses on strengthening internal policies, overseeing surveillance initiatives, and ensuring adherence to SEC, Client, and CBOE regulations.

The ideal candidate has 5+ years in compliance within trading or broker-dealer environments, strong regulatory knowledge, and experience with CRD registrations.

Qualifications

• 5+ years of compliance experience in proprietary trading or broker-dealer environments.
• Strong knowledge of SEC, Client, and CBOE regulations.
• Experience with trade surveillance, regulatory audits, and risk assessments.

Responsibilities

• Develop, maintain, and enhance compliance policies, written supervisory procedures (WSPs), and internal controls.
• Conduct compliance reviews, risk assessments, and regulatory testing to identify and mitigate potential risks.
• Oversee trade surveillance, employee trading restrictions, conflicts of interest, and information barriers.
• Manage electronic communications reviews, compliance monitoring, and vendor relationships.
• Administer Client CRD registrations, including Forms U4 and U5.
• Support regulatory examinations, filings, inquiries, and books and records requirements.
• Lead compliance improvement initiatives and provide regulatory guidance across the organization.
• Coordinate employee compliance training and ongoing regulatory education.

Skills

Regulatory knowledge

Analytical skills

Leadership

Project management

Communication

Tools

Global Relay

ComplySci

Job description

Our client, a leading proprietary trading and options market-making firm, is seeking an experienced Lead Compliance Analyst to support its regulatory compliance function. This individual will help strengthen internal policies and procedures, oversee surveillance initiatives, manage regulatory requirements, and ensure adherence to SEC, Client, and CBOE regulations.

Key Responsibilities

Our client, a leading proprietary trading and options market-making firm, is seeking an experienced Lead Compliance Analyst to support its regulatory compliance function. This individual will help strengthen internal policies and procedures, oversee surveillance initiatives, manage regulatory requirements, and ensure adherence to SEC, Client, and CBOE regulations.

Key Responsibilities

• Develop, maintain, and enhance compliance policies, written supervisory procedures (WSPs), and internal controls.

• Conduct compliance reviews, risk assessments, and regulatory testing to identify and mitigate potential risks.

• Oversee trade surveillance, employee trading restrictions, conflicts of interest, and information barriers.

• Manage electronic communications reviews, compliance monitoring, and vendor relationships.

• Administer Client CRD registrations, including Forms U4 and U5.

• Support regulatory examinations, filings, inquiries, and books and records requirements.

• Lead compliance improvement initiatives and provide regulatory guidance across the organization.

• Coordinate employee compliance training and ongoing regulatory education.

Qualifications

• 5+ years of compliance experience, preferably within proprietary trading, options market making, or broker-dealer environments.

• Strong knowledge of SEC, Client, and CBOE regulations.

• Experience with trade surveillance, compliance testing, regulatory audits, and risk assessments.

• Series 24 required; Series 57 required or obtainable within 90 days.

• Familiarity with Client CRD and regulatory registration processes.

• Experience with Global Relay or ComplySci preferred.

• Strong analytical, communication, leadership, and project management skills.

Compensation & Benefits

Our client offers a competitive base salary, discretionary annual bonus, comprehensive health benefits, 401(k) matching, generous PTO, parental leave, and professional development opportunities.

Hybrid Schedule: Three days onsite and two days remote.