Senior Compliance Officer

Senior Compliance Officer

Dallas, TX

The Senior Compliance Officer reports directly to the Risk and Compliance Operations Officer and plays a pivotal role in ensuring the firm's adherence to external regulatory requirements and internal compliance policies. This position oversees the management of both internal and external compliance and risk obligations. This role is part of the Risk and Compliance leadership team.

• Manages the regular review and updating of the firm’s Written Supervisory Procedures (WSPs) to ensure alignment with regulatory requirements and industry best practices.
• Assists Risk and Compliance Management in preparing and maintaining supervisory reports in compliance with WSPs and books and records retention requirements.
• Executes on a variety of recurring compliance and risk operational functions such as regulatory filings, new hire coordination, vendor management, and policies and procedures management.
• Supports the management of the firm’s Anti-Money Laundering (AML) program, including periodic account reviews, transaction monitoring, and adherence to regulatory obligations.
• Contributes to the development and execution of the firm’s compliance training programs, including Firm Element and AML training, to ensure employees remain informed of regulatory standards and internal policies.
• Stays informed of changing regulations, laws, and industry trends, proactively recommending updates to the firm’s compliance framework as needed.
• Identifies potential compliance issues, investigates root causes, and provides actionable recommendations to mitigate risks or implement corrective actions.
• Maintains thorough and organized documentation of compliance activities, such as customer complaints, investigation findings, and corrective measures implemented.
• Provides ongoing education and clear guidance to employees regarding the firm’s compliance policies, procedures, and regulatory responsibilities.
• Manages the firm’s annual compliance calendar, ensuring all regulatory and risk deadlines and internal compliance obligations are met efficiently and on time.
• Conducts or assists in oversight of trade blotters, email communications, social media activity, and other supervisory activities as needed.
• Serves as a resource for associates by providing timely and accurate guidance on compliance-related questions or concerns.
• Collaborates with the CCO and other departments to respond to regulatory requests, coordinate audits, and implement compliance initiatives across the organization.
• Travels to various locations, both within our organization and externally, may be required depending on role and responsibilities.
• Performs additional compliance responsibilities or special projects as assigned, contributing to the firm’s evolving regulatory and operational needs.

• Minimum Experience:
  
  At least 5-7 years of progressive experience in brokerage industry compliance, risk or supervisory roles, with a proven ability to manage risk or regulatory obligations and supervisory controls effectively.
• Education:
  
  Bachelor’s degree in business administration, finance, law, or a related field is required.
• Regulatory Knowledge:
  Deep understanding of FINRA, SEC, and state regulatory requirements or financial risk concepts and practices related to credit, counter party or exposure monitoring, with demonstrated experience interpreting and applying these rules to broker-dealer operations.
• Product Expertise:
  Comprehensive knowledge of financial products, including equities, mutual funds, bonds, options, and alternative investments.
• Industry Insight:
  Extensive working knowledge of the brokerage and investment advisory business, including the regulatory environment, operational processes, and services related to the industry.
• Specialized
  
  Experience:
  
  Prior experience working within a self-clearing or correspondent clearing environment serving introducing broker dealers or registered investment advisor intermediary clients.

• FINRA Series 7, 24, and 63 securities licenses.
• Series 4, 14, 51 or 53 securities licenses preferred.
• If you do not already have a Securities license…