Equities Compliance Officer
TP ICAP
New York, NY 10281$170,000 - $180,000 a yearFull Time
Job Description
Group Overview
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
Role Overview
TP ICAP is seeking an Equities Compliance Officer to provide regulatory/compliance advice and support to the Firm’s equity trading and operational functions to enable the business to operate in accordance with all applicable regulatory requirements. The Equities Compliance Officer will work as a member of the Americas Risk and Compliance team based in TP ICAP’s New York offices and report into the Head of Equities Compliance. The candidate will draft, revise, and implement policies and supervisory procedures, as needed, and will respond to regulatory inquiries from applicable regulatory bodies (e.g., FINRA/SEC). Additional duties will include managing/driving Compliance projects and providing stakeholder advice on strategic business initiatives. Hours 8:00am-5:00pm.
Key Stakeholders
Business stakeholders (Business Managers, Heads of Desks and Brokers); Legal; Risk; HR; IT; Finance; Operations and the wider Compliance function.
Role Responsibilities
Ensure the Firm meets its obligations pursuant to key regulations related to equities trading, including but not limited to, electronic and algorithmic trading, Reg ATS, REG NMS, Market Access, Regulatory Reporting (CAT, TRF, Rules 605 and 606), Order Routing and Best Execution;
Manage and respond to regulatory examinations, investigations and inquiries related to the firm’s equities businesses;
Ensure timely filing of regulatory reports and updates to Forms ATS-N and ATS-R and respond to any regulatory inquiries;
Work collaboratively with cross-functional teams as needed (e.g., Legal, Compliance, Client On-Boarding, Risk, AML Office, Marketing and Information Security);
Conduct periodic assessments and other reviews to identify and remediate potential gaps;
Draft and revise policies, WSPs, and controls as needed
Operate and execute specific controls owned by the Compliance Function;
Provide accurate and timely advice to the Business and other functions, including inquiries and escalations from various trading and operations staff;
Develop and enhance supervisory reports as needed;
Analyze rule proposals and amendments to assess business impact and ensure proper implementation of any final rules;
Review and advise on new business initiatives;
Conduct periodic training;
Identification of risks and risk mitigation solutions; and
Fulfill additional / ad hoc duties as required to meet the needs of the Business.
Experience / Competences
Essential
In-depth knowledge of Reg ATS, Reg NMS and Regulatory Reporting Requirements related to equities trading (e.g., CAT, TRF);
Knowledge of Options Trading (QCC/QCT Rules);
5 -10 years of experience supporting equities compliance at a broker-dealer;
College degree required, and
Series 7 or ability to obtain the license upon hiring.
Desired
Must have a strong work ethic and the ability to work well with others;
Must have good written, verbal and analytical thinking skills;
Must have an aptitude for technical matters; and
Must be able to manage multiple tasks simultaneously.
Job Band & Level:
Professional 5
$170,000-$180,000
Commiserate with experience
#LI-Hybrid #LI-MID
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
USA - 200 Vesey Street - New York, NY
The TP ICAP Group is a world leading provider of market infrastructure.
Our purpose is to provide clients with access to global financial and commodities markets, improving price discovery, liquidity, and distribution of data, through responsible and innovative solutions.
Through our people and technology, we connect clients to superior liquidity and data solutions.
The Group is home to a stable of premium brands. Collectively, TP ICAP is the largest interdealer broker in the world by revenue, the number one Energy & Commodities broker in the world, the world’s leading provider of OTC data, and an award winning all-to-all trading platform.
Founded in London in 1866, the Group operates from more than 60 offices in 27 countries. We are 5,200 people strong. We work as one to achieve our vision of being the world’s most trusted, innovative, liquidity and data solutions specialist.
Role Overview
TP ICAP is seeking an Equities Compliance Officer to provide regulatory/compliance advice and support to the Firm’s equity trading and operational functions to enable the business to operate in accordance with all applicable regulatory requirements. The Equities Compliance Officer will work as a member of the Americas Risk and Compliance team based in TP ICAP’s New York offices and report into the Head of Equities Compliance. The candidate will draft, revise, and implement policies and supervisory procedures, as needed, and will respond to regulatory inquiries from applicable regulatory bodies (e.g., FINRA/SEC). Additional duties will include managing/driving Compliance projects and providing stakeholder advice on strategic business initiatives. Hours 8:00am-5:00pm.
Key Stakeholders
Business stakeholders (Business Managers, Heads of Desks and Brokers); Legal; Risk; HR; IT; Finance; Operations and the wider Compliance function.
Role Responsibilities
Ensure the Firm meets its obligations pursuant to key regulations related to equities trading, including but not limited to, electronic and algorithmic trading, Reg ATS, REG NMS, Market Access, Regulatory Reporting (CAT, TRF, Rules 605 and 606), Order Routing and Best Execution;
Manage and respond to regulatory examinations, investigations and inquiries related to the firm’s equities businesses;
Ensure timely filing of regulatory reports and updates to Forms ATS-N and ATS-R and respond to any regulatory inquiries;
Work collaboratively with cross-functional teams as needed (e.g., Legal, Compliance, Client On-Boarding, Risk, AML Office, Marketing and Information Security);
Conduct periodic assessments and other reviews to identify and remediate potential gaps;
Draft and revise policies, WSPs, and controls as needed
Operate and execute specific controls owned by the Compliance Function;
Provide accurate and timely advice to the Business and other functions, including inquiries and escalations from various trading and operations staff;
Develop and enhance supervisory reports as needed;
Analyze rule proposals and amendments to assess business impact and ensure proper implementation of any final rules;
Review and advise on new business initiatives;
Conduct periodic training;
Identification of risks and risk mitigation solutions; and
Fulfill additional / ad hoc duties as required to meet the needs of the Business.
Experience / Competences
Essential
In-depth knowledge of Reg ATS, Reg NMS and Regulatory Reporting Requirements related to equities trading (e.g., CAT, TRF);
Knowledge of Options Trading (QCC/QCT Rules);
5 -10 years of experience supporting equities compliance at a broker-dealer;
College degree required, and
Series 7 or ability to obtain the license upon hiring.
Desired
Must have a strong work ethic and the ability to work well with others;
Must have good written, verbal and analytical thinking skills;
Must have an aptitude for technical matters; and
Must be able to manage multiple tasks simultaneously.
Job Band & Level:
Professional 5
$170,000-$180,000
Commiserate with experience
#LI-Hybrid #LI-MID
Not The Perfect Fit?
Concerned that you may not meet the criteria precisely? At TP ICAP, we wholeheartedly believe in fostering inclusivity and cultivating a work environment where everyone can flourish, regardless of your personal or professional background. If you are enthusiastic about this role but find that your experience doesn't align perfectly with every aspect of the job description, we strongly encourage you to apply. You may be the ideal candidate for this position or another opportunity within our organisation. Our dedicated Talent Acquisition team is here to assist you in recognising how your unique skills and abilities can be a valuable contribution. Don't hesitate to take the leap and explore the possibilities. Your potential is what truly matters to us.
Company Statement
We know that the best innovation happens when diverse people with different perspectives and skills work together in an inclusive atmosphere. That's why we're building a culture where everyone plays a part in making people feel welcome, ready and willing to contribute. TP ICAP Accord - our Employee Network - is a central to this. As well as representing specific groups, TP ICAP Accord helps increase awareness, collaboration, shares best practice, and holds our firm to account for driving continuous cultural improvement.
Location
USA - 200 Vesey Street - New York, NY