Compliance Manager

Financial Technology Partners LP; New York (NY); On-site; USD 120,000 - 190,000; Full time

Job summary

Financial Technology Partners is seeking a Compliance Manager to oversee FINRA, SEC, and FCA regulatory compliance and advise management on strategic decisions. The role requires hands-on development of a tailored compliance program responding to evolving regulatory needs.

The ideal candidate will have 4+ years in FINRA/SEC compliance within investment banking or private equity, plus Series 7/24 or ability to obtain quickly, and strong written policies.

Qualifications

• 4+ years of FINRA and SEC compliance experience preferably in Investment Banking or Private Equity
• FINRA Series 7 and Series 24 strongly preferred; or must able to obtain within a short period
• Good knowledge of FINRA regulations and applicable regulatory requirements and expectations related to investment banking and broker-dealer activities
• Working knowledge of federal and state laws and regulations applicable to investment banking including a general knowledge of SEC regulatory requirements and framework
• Ability to articulate regulatory requirements to all levels of employees, from new analysts to the head of the firm
• Experience with FINRA Gateway including U4s & U5s, Form BD, CMA, as well as handling ad hoc regulatory inquiries
• Experience writing and maintain firm policies and procedures including Written Supervisory Procedures
• Understanding and experience executing KYC/AML/CIP checks, complying with sanctions and Treasury requirements, oversight of employee personal investments and OBAs, e-comms surveillance and management, books and records requirements, regular compliance testing, and certification under FINRA 3130
• Experience with FINRA Rule 2241 regarding equity research is a major plus
• Familiarity with compliance systems and related platforms such as DocuSign, Smarsh, ComplySci, and Dow Jones Risk Center a plus
• Knowledge of FCA and EU regulatory requirements a plus
• Four year college degree required; JD preferred

Responsibilities

• Oversee FINRA, SEC, FCA regulatory compliance and advise management
• Monitor and design compliance program adapting to evolving requirements
• Ensure regulatory inquiries handled efficiently and policy updates

Skills

FINRA compliance

SEC compliance

Regulatory knowledge

Communication

Training

Policy writing

KYC/AML/CIP

FINRA Gateway (U4/U5, Form BD)

Documentation

Teamwork

Education

Bachelor's degree required

JD preferred

Tools

DocuSign

Smarsh

ComplySci

Dow Jones Risk Center

Job description

Compliance Manager – FinTech Investment Banking

Position:

Financial Technology Partners is seeking a Compliance Manager.

Company Description:

Financial Technology Partners (aka “FT Partners”) is the only investment banking firm focused exclusively on the financial technology sector. We broadly define the sector as the dynamic convergence of technology-based solutions and financial services. FT Partners was recently recognized as "Dealmaker of the Year" and "Investment Banking Firm of the Year" by The M&A Advisor.

The firm was founded by Steve McLaughlin, Managing Partner, formerly a senior investment banker in Goldman Sachs & Co.'s Financial Technology Group and Financial Institutions Group in New York and San Francisco. The firm's Founder and senior bankers are all highly experienced investment bankers formerly with the financial technology, M&A and investment banking groups of Goldman Sachs & Co in New York, San Francisco, London and Los Angeles.

Role Description:

The Compliance Manager will be responsible for oversight and execution of FINRA, SEC, FCA, and related regulatory compliance. A candidate should have a solid working knowledge of the FINRA and SEC regulatory frameworks. Additionally the employee must actively keep abreast of regulatory developments as they apply to the firm’s business model and be able to advise firm management on strategic decision making. Candidates should have experience monitoring employee and business compliance matters on a day to day level as well as designing and tailoring a compliance program to meet the firm’s evolving compliance needs.

General Qualifications:

• 4+ years of FINRA and SEC compliance experience preferably in Investment Banking or Private Equity
• FINRA Series 7 and Series 24 strongly preferred; or must able to obtain within a short period
• Good knowledge of FINRA regulations and applicable regulatory requirements and expectations related to investment banking and broker-dealer activities
• Working knowledge of federal and state laws and regulations applicable to investment banking including a general knowledge of SEC regulatory requirements and framework
• Ability to articulate regulatory requirements to all levels of employees, from new analysts to the head of the firm
• Experience with FINRA Gateway including U4s & U5s, Form BD, CMA, as well as handling ad hoc regulatory inquiries
• Experience writing and maintain firm policies and procedures including Written Supervisory Procedures
• Understanding and experience executing KYC/AML/CIP checks, complying with sanctions and Treasury requirements, oversight of employee personal investments and OBAs, e-comms surveillance and management, books and records requirements, regular compliance testing, and certification under FINRA 3130
• Experience with FINRA Rule 2241 regarding equity research is a major plus
• Familiarity with compliance systems and related platforms such as DocuSign, Smarsh, ComplySci, and Dow Jones Risk Center a plus
• Knowledge of FCA and EU regulatory requirements a plus
• Four year college degree required; JD preferred

Communications Skills:

• Public speaking and live training experience including the ability to tailor training materials to the firm based on the regulatory landscape
• Exceptional writing and verbal communication skills, able to prepare high impact materials in multiple formats
• Participate effectively in both internal and external meetings

Team Player:

• Team player who can contribute to building a positive team spirit, keeps commitments, inspires the trust of others, works with integrity and ethically, and upholds firm values
• Ability to perform under pressure amid tight deadlines; can effectively prioritize and plan
• Collaborative across teams and levels, both internally and externally

Why FT Partners?

• Managing Partner and Managing Directors formerly of Goldman Sachs and JP Morgan
• Award-winning execution; Investment Bank of the Year / Boutique of the Year Awards (among many others)
• Executing both billion dollar and early stage / high-growth VC transactions
• Excellent career path, strong and competitive compensation
• Unparalleled deal flow with premier client base
• Access to world-class executives at high-growth companies
• Dominant footprint in the one of largest sectors: financial technology
• Top-notch financial sponsor relationships
• Close-knit, rapidly growing team

Selected transactions include advising:

• Divvy's $2.5 billion Sale to Bill.com
• GreenSky’s $2.2 billion Sale to Goldman Sachs
• Truebill’s $1.3 billion Sale to Rocket Companies
• Currencycloud’s $1 billion Sale to Visa
• Revolut's $800 million Financing at a $33 billion Valuation
• Mollie’s $800 million Financing at a $6.5 billion Valuation
• Payrix’ ~$800 million Sale to FIS
• Cross River’s $620 million Series D Financing
• Velocity Global’s $400 million Series B Financing
• SpotOn’s $300 million Series F Financing at a $3.6 billion Valuation
• Upgrade’s $280 million Series F Financing at a $6 billion Valuation
• Lendable’s $275 million Financing at a $4.5 billion Valuation
• Mambu’s ~$266 million Series E Financing at a ~$5.5 billion Valuation
• Newfront’s $200 million Financing at a $2.2 billion Valuation
• com’s $60 million Series C Financing at a $1.2 billion Valuation
• Acorns’ Acquisition of GoHenry

Inclusion and Equal Opportunity Employment:

Financial Technology Partners is an equal opportunity employer committed to diversity and inclusion. We are pleased to consider all qualified applicants for employment without regard to race, color, religion, sex, sexual orientation, gender identity, national origin, age, disability, protected veterans status, Aboriginal/Native American status or any other legally-protected factors.