Senior Compliance Manager
Senior Compliance Manager
Employer Active
Job Alert
You will be updated with latest job alerts via email
Share
Job Alert
You will be updated with latest job alerts via email
Not Disclosed
Salary Not Disclosed
1 Vacancy
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 cuttingedge 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.
Barrons has recognized Interactive Brokers as the #1 online broker for six consecutive years. Join our dynamic multinational team and be a part of a company that simplifies and enhances financial opportunities using stateoftheart technology.
Job Title: Senior Compliance Manager
Location: Remote eligibility (Eligible states: IL NY CA CT DC FL MA NC TX WI)
Preferred onsite location: Chicago IL
Company Overview:
ForecastEx (a Subsidiary of IBKR) is an innovative and fastgrowing 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 experiencedRisk Officer 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 highperforming and collaborative work environment.
- Partner with crossfunctional 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:
- Bachelors degree in Law Finance Business or a related field; advanced degree preferred.
- At least 710 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 problemsolving 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 performancebased 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
- Flexible remote work in eligible states.
- A collaborative growthfocused 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.
Required Experience:
Manager
Employment Type
Full Time
