Compliance Officer

Advance Trading, Inc; Bloomington (IL); On-site; USD 70,000 - 100,000; Full time

Job summary

Advance Trading, Inc is looking for a Compliance Officer to ensure that the organization adheres to NFA and CFTC regulations. The position involves monitoring processes, collaborating with staff, and managing compliance training.

Candidates should have a Bachelor's degree in a relevant field and 3-5 years of experience in a compliance role. Strong communication skills and the ability to understand legal documents are essential. The role may require travel 25-50% of the time.

Qualifications

• 3-5 years of Compliance Officer experience.
• Experience as an Introducing Broker of Futures Commission Merchant.
• Permanent authorization to work in the U.S. for any employer.

Responsibilities

• Monitor organization's activities to ensure adherence with NFA and CFTC rules.
• Collaborate with management to clarify regulation issues.
• Manage Anti-Money Laundering training and processes.

Skills

Strong written and verbal communication

Logic and reasoning skills

Attention to detail

Reading comprehension of technical documents

Ability to maintain confidentiality

Education

Bachelor’s Degree in Finance, Accounting, Statistics, Economics, Management or related field

Tools

Microsoft Office with focus on Microsoft Excel

Job description

Advance Trading, Inc. (ATI) is a forward thinking, non-proprietary commodity brokerage firm providing risk management and market guidance to grain producers, commercial elevators, and end users including energy producers and livestock feeders. ATI’s client base spans the entire globe, with businesses throughout North America, South America, Europe, Africa, Asia, and the Middle East. Our highly skilled team delivers individualized strategies, sound advice, and solid recommendations based on extensive research and market analysis, giving our clients a competitive edge in today’s complete marketplace.

Job Description

The Compliance Officer will be responsible for monitoring the organization's activities and processes to ensure adherence with all applicable NFA and CFTC rules and regulations.

Essential Duties and Responsibilities

• Daily collaboration with management and staff to clarify regulation issues and distribute information to all company employees
• Serves as the liaison between the company and CFTC, NFA and relevant exchanges
• Manage Anti-Money Laundering training and related processes
• Associated Persons Registrations Process
• Approve all new accounts prior to trading
• Partner with IT Department on Cybersecurity program
• Manage, update and test Disaster Recovery Program
• Review, edit and approve promotional communications for publication
• Regularly audit correspondence via e-mail, instant messaging, web sites and social networking
• Conduct on site compliance audits at Corporate office and all Branch locations
• Prepare and file required regulatory reports
• Attend industry compliance-related events and conventions
• Handle all internal compliance inquiries
• Stay up to date of changes and updates in regulatory/industry trends

Knowledge, Skills, and Abilities

• Ability to interact with various business channels and levels of management
• Ability to effectively transfer information through strong written and verbal communication channels
• Logic and reasoning skills
• Ability to maintain a high level of confidentiality
• Ability to work under pressure
• Ability to multitask, prioritize various duties and pay close attention to details
• Strong reading comprehension skills to thoroughly understand technical and legal documents, Knowledge of legal requirements and procedures
• Ability to interpret laws and regulations

Qualifications

• Bachelor’s Degree in Finance, Accounting, Statistics, Economics, Management or related field
• 3-5 years of Compliance Officer experience
• Experience as an Introducing Broker of Futures Commission Merchant
• Series 3 license OR ability to pass the Series 3 licensing exam within 90 days of hire
• Strong computer skills with experience in Microsoft Office with focus on Microsoft Excel
• Ability to travel 25-50%
• Permanent authorization to work in the U.S. for any employer

Additional Information

All your information will be kept confidential according to EEO guidelines.