Senior Compliance Manager

Interactive Brokers Group, Inc.; Chicago (IL); Remote; USD 80,000 - 140,000; Full time

Job summary

An established industry player is seeking a Senior Compliance Manager to lead compliance and regulatory initiatives. This pivotal role involves ensuring adherence to CFTC regulations, managing compliance risks, and fostering a culture of regulatory excellence. The ideal candidate will have extensive experience in regulatory compliance within the financial services sector and will be proactive in navigating the evolving derivatives market landscape. Join a dynamic, multi-national team dedicated to simplifying financial opportunities through innovative technology and compliance excellence.

Benefits

Competitive salary

Annual performance-based bonus

Stock grant

401K retirement plan with company match

Excellent health benefits

Paid time off

Generous parental leave policy

Mentorship opportunities

Professional development opportunities

Collaborative team environment

Qualifications

• 7-10 years of regulatory compliance experience in financial services.
• Deep understanding of CFTC regulations and derivatives market.

Responsibilities

• Lead compliance initiatives and ensure adherence to CFTC regulations.
• Oversee regulatory filings, audits, and develop compliance programs.

Skills

Regulatory Compliance

Analytical Skills

Problem-Solving

Communication Skills

Leadership

Education

Bachelor’s degree in Law, Finance, or Business

Advanced degree

Tools

Compliance Management Systems

Electronic Surveillance Systems

Job description

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 Title: Senior Compliance Manager

Location: Remote eligibility (Eligible states: IL, NY, CA, CT, DC, FL, MA, NC, TX, WI)

Company Overview:
ForecastEx (a Subsidiary of IBKR) is an innovative and fast-growing derivatives exchange regulated by the U.S. Commodity Futures Trading Commission (CFTC). As a pioneer in the derivatives market, we offer unique and dynamic products, including forecast contracts, that are tailored to a broad range of retail traders and institutional participants. Forecast Contracts are a unique type of event derivative that allows participants to invest in a wide range of macroeconomic, climate, and political topics.

Job Summary:
We seek a highly experienced Senior Compliance Manager to lead our compliance and regulatory initiatives. This leadership role involves ensuring adherence to CFTC regulations, managing compliance risks, spearheading interactions with CFTC regulators and fostering a culture of regulatory excellence. The ideal candidate will combine deep regulatory expertise with a proactive approach to navigating the evolving derivatives market landscape.

Key Responsibilities:

• Regulatory Oversight and Compliance Management:
  • Serve as the primary point of contact for regulatory matters, including interactions with the CFTC and other regulatory bodies.
  • Develop, implement, and maintain a comprehensive compliance program to ensure adherence to all applicable laws and regulations.
  • Oversee regulatory filings, audits, and examinations, ensuring timely and accurate submissions.
• Policy Development and Implementation:
  • Establish and enforce internal policies and procedures to mitigate compliance risks.
  • Stay updated on regulatory changes and industry best practices, advising leadership on necessary adjustments.
• Risk Assessment and Monitoring:
  • Identify, assess, and manage regulatory risks associated with existing and new products.
  • Ensure the company fully complies with all CFTC regulations and all other applicable laws and regulations across all operations and activities.
• Market Oversight:
  • Oversee the electronic surveillance system to monitor trading activity and detect potential rule violations.
  • Conduct investigations into any flagged or suspicious activity, ensuring adherence to exchange and CFTC rules, and take enforcement actions as necessary.
• Team Leadership and Collaboration:
  • Lead and mentor a team of compliance professionals, fostering a high-performing and collaborative work environment.
  • Partner with cross-functional teams, including product development, legal, operations, and technology, to ensure compliance is integrated across all business areas.
• Stakeholder Communication:
  • Provide regular updates to executive leadership and the board on compliance activities, risks, and strategies.
  • Represent the company in industry forums and regulatory discussions.

Qualifications:

• Bachelor’s degree in Law, Finance, Business, or a related field; advanced degree preferred.
• At least 7–10 years of experience in regulatory compliance, ideally in the derivatives or financial services industry.
• Deep understanding of CFTC regulations and derivatives market structure. Experience with event contracts or prediction markets is a plus.
• Proven leadership experience with the ability to manage teams and collaborate with diverse stakeholders.
• Strong analytical and problem-solving skills, with attention to detail and a proactive approach to compliance challenges.
• Excellent communication skills, with the ability to clearly articulate complex regulatory concepts to diverse audiences.

What We Offer:

• Competitive salary, annual performance-based bonus and stock grant.
• Retirement plan (401K) with company match.
• Excellent health benefits, including medical, dental, and vision.
• Paid time off and a generous parental leave policy.
• A collaborative, growth-focused environment with mentorship and professional development opportunities.
• A dynamic, collaborative team environment with significant opportunities to shape the compliance and regulatory framework of an innovative exchange.

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