Head of Compliance Testing

Interactive Brokers; Greenwich (CT); On-site; USD 80,000 - 150,000; Full time

Job summary

Join a leading financial services company as the Head of Compliance Testing. This role offers the opportunity to manage and enhance the compliance testing program, ensuring adherence to U.S. regulations while working in a dynamic environment. With a focus on collaboration and innovation, you'll coordinate with various departments to execute testing reviews and develop methodologies that align with industry best practices. The firm is known for its commitment to technology and client service, making it an exciting place to advance your career. If you're passionate about compliance and looking to make a significant impact, this role is for you.

Benefits

Competitive salary

Annual performance-based bonus

401(k) retirement plan

Health and wellness benefits

Paid time off

Daily lunch allowance

Education reimbursement

Modern office setup

Qualifications

• 5+ years in compliance testing or audit roles preferred.
• Experience with SEC, FINRA, CFTC regulations is essential.

Responsibilities

• Manage the firm's annual compliance testing program.
• Coordinate testing reviews and report findings to management.

Skills

Knowledge of U.S. securities regulations

Compliance testing experience

Outstanding communication skills

Ability to multi-task

Technical fluency

Education

5+ years of experience in compliance

Relevant registrations (SIE, Series 7, etc.)

Tools

Atlassian Confluence

JIRA

Job description

Company Overview

Interactive Brokers Group, Inc. (Nasdaq: IBKR) is a global financial services company headquartered in Greenwich, CT, USA, with offices in over 15 countries. We have been at the forefront of financial innovation for over four decades, known for our cutting-edge technology and client commitment.

IBKR affiliates provide global electronic brokerage services around the clock on stocks, options, futures, currencies, bonds, and funds to clients in over 200 countries and territories. We serve individual investors and institutions, including financial advisors, hedge funds and introducing brokers. Our advanced technology, competitive pricing, and global market help our clients to make the most of their investments.

Barron's has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic, multi-national team and be a part of a company that simplifies and enhances financial opportunities using state-of-the-art technology.

Job Description

Interactive Brokers LLC is looking for a motivated and talented Head of Compliance Testing who is knowledgeable of U.S. securities and/or commodities regulations, and has appropriate experience at a broker / dealer, regulatory agency, exchange, accounting firm or law firm. In particular, we are looking for someone with experience in designing, maintaining and managing a compliance testing program.

Responsibilities

• Managing the firm’s annual compliance testing program.
• Coordinating the execution of testing reviews with stakeholders across various departments and ensuring reviews are conducted in accordance with firm procedures.
• Assist in the development of the firm’s compliance testing program, including testing procedures, methodologies, risk assessments and frequency schedules to comply with relevant legal and regulatory requirements and industry best practices.
• Execute the firm’s compliance testing program.
• Drafting specifications for testing queries, scripts, and enhanced controls to be implemented by business or programming staff.
• Reporting compliance testing findings to management and defining management action plans with stakeholders to address findings.
• Tracking compliance testing findings from discovery to remediation.
• Other core compliance activities as needed.

Qualifications

• At least 5+ years of experience with the SEC, FINRA, CFTC, NFA, an exchange, an accounting firm or law firm with a focus on security or commodity regulations, a broker-dealer or an FCM. Experience in a compliance testing or audit role is strongly preferred.
• Experience testing regulatory requirements related to markets and trading across various products, such as stocks, options, bonds, and futures.
• High degree of comfort and fluency with computers and technology.
• Outstanding oral and written communication skills.
• Ability to work both independently and to multi-task with minimal supervision.
• Registrations (i.e., SIE, Series 7, 24 and/or Series 3 registration); if no registrations, can consider a member in good standing of the bar of any U.S. state or the District of Columbia.
• Experience with Atlassian Confluence/JIRA preferred.

Company Benefits & Perks

• Competitive salary, annual performance-based bonus and stock grant.
• Retirement plan 401(k) with a competitive company match.
• Excellent health and wellness benefits, including medical, dental, and vision benefits. Company paid medical healthcare premium.
• Wellness screenings and assessments, health coaches and counseling services through an Employee Assistance Program (EAP).
• Paid time off and a generous parental leave policy.
• Daily company lunch allowance provided, and a fully stocked kitchen with healthy options for breakfast and snacks.
• Corporate events, including team outings, dinners, volunteer activities and company sports teams.
• Education reimbursement and learning opportunities.
• Modern offices with multi-monitor setups.