Compliance Analyst, Options Reporting

1 day left

Peak6 Investments
17 Jul 2022
14 Aug 2022
Employer Sector
Banking & Finance - Retail
Contract Type
Full Time
Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and WeBull, and more than 20 million of our clients' customers.
Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. We are based in Dallas, TX and also have offices in Austin, New York, Chicago, Los Angeles, Portland, and Belfast.
If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.
AFS has received a number of prestigious industry awards, including:

2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards
2021 Most Innovative Companies - presented by Fast Company
2021 Best API & Best Trading Technology - presented by Global Fintech Awards

Our Compliance Analyst, Options Reporting will join a rapidly growing organization focused on empowering innovation, growth and efficiency.
We are looking for someone who:

Thinks strategically and is inquisitive - You are intellectually curious and love finding and solving challenges with creative and simple solutions. You find ways to get things done efficiently without sacrificing quality.
Takes initiative and is a high performer - You are driven to be the best. You own tasks to the end and challenge yourself by setting goals, crushing them, and helping your teammates do the same.
Have great communication skills - Not only are you articulate when verbally communicating but you can get the message through in a written format. You also provide alternatives for peers when there is no way possible to compromise regulation
Values the power of the team - You work collaboratively and embrace new ideas and opinions to ensure the team succeeds. Your contributions are not limited to your assigned tasks.
Investment Securities Experience - You are organized, understand investment terminology and regulatory requirements. You understand the importance of creating a culture of compliance by interacting with other departments to ensure the firm is compliant with FINRA requirements and maintaining firm integrity.

What you will do all day:

Reconcile daily LOPR submissions
Ensure submissions are complete by cross referencing event counts across other system and reports
Monitor for Option Professional designation criteria and work with clients and trading systems to update
Investigate regulatory rejections and linkage issues
Make updates / corrections to repair In Concert breaks
Proactively communicate known issues with trading counterparties
Support compliance in regulatory inquiries related to exercise and assignment data submissions
Perform regular data audits to verify accuracy of data submissions

A few reasons why you might love working here:

Our Compliance track record - We have an incredible Compliance track record. We foster a culture of Compliance throughout our firm.
Our team is passionate and driven to succeed - We work as a team and build off of each other's knowledge and ideas. We encourage growth and give you a platform to succeed.
You are open to change - We are not satisfied with the status-quo. We are continually changing and looking for someone who is looking to change with us.
You will have genuine opportunities for growth - We care about your career goals and provide options for growth. If you are successful in a smaller firm, you are likely to be rewarded and recognized much faster than at a larger firm.

And a few reasons why you may not love us:

You do not like being challenged - Each situation may present something new and unknown, something exciting. You will need to find problems, solutions and accept new challenges. If you'd prefer to have your manager's buy-in every step of the way, this is not a job for you.
You don't like change - This is not a job for someone who likes 'predictable'. Our customer's needs are dynamic and can change rapidly, which means the work is dynamic. It's a fast-paced environment and you need to adapt accordingly. You won't be bored.
You are not the collaborative type - We bring ideas to the table and we work together to solve these challenges. If you're looking solely to be an independent contributor, this might not be the right position for you.

The skills you will need to succeed:

Bachelor's degree and/or Associate's degree plus equivalent combination of education, additional certification and/or experience
3-5 years of experience with direct LOPR/In Concert and other option specific processes, preferred
Compliance functions of a broker/dealer
Correspondent Clearing experience, desired.
FINRA Series 7 required; Series 4 preferred (or willingness to obtain the Series 4)
Experience with FINRA rules applicable to options trading and processing
Strong interpersonal and written communication skills
Highly motivated with capability to work with minimum supervision on a wide range of matters
Proactive individual with demonstrated ability to meet deadlines and extraordinary attention to detail
Ability to prioritize and multi-task effectively under pressure and excellent organizational and time management skills are essential

Apex currently requires all employees as a condition of employment to either be fully vaccinated for COVID-19 or submit to regular testing. The CDC defines "fully vaccinated" as two weeks after the second dose for Pfizer and Moderna, and two weeks after the single dose of Johnson & Johnson. Apex will also require proof of vaccination and/or testing. Apex will also consider requests for exemption from these requirements as a reasonable accommodation for medical reasons or sincerely held religious beliefs. Please note this requirement is ONLY for US Offices.