Career Description
We are seeking a highly skilled and motivated Compliance Officer to join our team. The Compliance Officer will play a critical role in ensuring that our trading activities comply with regulatory requirements and internal policies. This position offers the opportunity to work in a dynamic and fast-paced environment, collaborating with traders, developers, and other stakeholders to maintain the highest standards of compliance.Our employees are truly our greatest asset. We’ve spent years building our team of talented and dedicated technologists, data-driven traders and leaders who emulate our core values: Collaboration, Ethics & Risk Management, and Diverse Opinions & Experience.
What will you be doing?
- Develop, implement, and enforce compliance policies and procedures to ensure adherence to regulatory requirements, including but not limited to SEC, FINRA, and CFTC regulations.
- Conduct regular reviews and assessments of trading activities, systems, and controls to identify and mitigate compliance risk as well as review for potential violations of regulatory requirements and internal policies, escalating issues as appropriate.
- Stay abreast of regulatory developments and industry best practices, providing guidance and recommendations to senior management on emerging compliance issues.
- Collaborate with trading teams, developers, and other departments to ensure compliance requirements are integrated into trading strategies and systems.
- Conduct compliance training and education programs for employees to promote awareness and understanding of regulatory requirements and internal policies.
- Respond to inquiries and requests from regulatory authorities, conducting internal investigations as necessary and coordinating responses to regulatory inquiries and examinations.
- Assist in the development and maintenance of compliance-related documentation, including compliance manuals, risk assessments, and reports.
- Participate in regulatory audits and examinations, liaising with external auditors and regulators as needed.
- Maintain strong relationships with regulatory authorities, industry organizations, and other external stakeholders.
Skills and Experience:
- Bachelor's degree in finance, business administration, or a related field
- Minimum of 5 years of experience in compliance roles within the financial services industry, preferably in proprietary trading or electronic trading environments
- Strong understanding of SEC, FINRA, and CFTC regulations applicable to proprietary trading firms
- Excellent analytical, problem-solving, and decision-making skills
- Effective communication and interpersonal skills, with the ability to collaborate with cross-functional teams
Why us?
Founded in Chicago in 2004, Simplex is a leading, technology-driven, proprietary trading firm. We work with the most advanced technology and software in the market, and we’ve continued to remain at the forefront of the industry by always focusing on innovation, automation, and data-driven analysis. We also leverage our experience and expertise to make strategic investments and capitalize on opportunities in the venture capital markets with promising, early-stage financial and technology start-ups.
PLUS, the goods!
- Benefits: Excellent a la carte medical coverage (Free employee coverage), Dental, Vision, 401(k) match, and generous parental leave!
- The Office: The kitchen is stocked with snacks, and beverages; you also have daily stipends for breakfast and lunch!
- Tuition Reimbursement: As an investment in our employees’ careers and the company’s future, we offer educational assistance to provide employees with professional development opportunities that increase their skills and enhance their contributions to the organization!
- Employee Discounts: To gyms, national brands, and more!
- Building: We are located in the Federal Reserve building. As a tenant you have access to a building gym and a full cafeteria. We are easily accessible to all public transportation.
- Charity Match: We match up to $2000 a year in donations to the charities of your choice!
Simplex is an Equal Opportunity Employer
