Compliance Associate
DriveWealth
DriveWealth is a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices.
Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
We seek enthusiastic professionals to contribute diverse perspectives and experiences to our Brokerage-as-a-Service platform. Our culture blends the pace and opportunity of a tech start-up with the impact, stability, and significance of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. We value diversity and inclusion, celebrating the unique differences of our employees as we scale and grow together. We’re guided by operating principles grounded in accountability, teamwork, integrity, and solutions built to scale. Join us!
What You’ll Do:
- Analyze and interpret regulatory rules and regulations to determine impact on new and existing business lines, policies, products, procedures and services
- Assist in developing, updating, and maintaining compliance policies and procedures
- Effectively communicate regulatory and procedural changes and/or important issues to affected business unit(s) and build strong relationships with business partners
- Perform audits, with directional assistance from manager or supervisor, of products, procedures and services to meet internal company standards and ensure compliance in all areas
- Research and respond to customer and partner complaints, regulatory inquiries or investigations about compliance and/or company issues
- Support regulatory exams by collecting documentation, coordinating responses, and ensuring timely follow-up
- Monitor Firm employee trading activity to identify potential conflicts or policy violations
- Develop, consolidate, and analyze data for Compliance management reports and periodic status updates on key issues and projects
- Conduct daily reviews of trading activity across multiple asset classes to identify unusual behavior or potential rule violations, including spoofing, layering, and insider trading
- Review, investigate, and document surveillance alerts and exception reports, escalating issues as needed
- Prepare detailed investigation reports and maintain well-organized records of all review and monitoring activities
- Respond to regulatory inquiries by gathering, analyzing, and delivering requested trading and compliance data
What You’ll Need:
- 1-3 years of experience in general compliance responsibilities such as dealing with customer complaints, registrations and other compliance roles within the financial industry
- Experience responding to regulatory inquiries or exams (e.g., FINRA, SEC, or Exchanges) is a plus
Applicants must be authorized to work for any employer in the U.S. DriveWealth is unable to sponsor or take over sponsorship of an employment Visa at this time.
Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
Please note: this role is expected to come into our office on a cadence set by the Hiring Manager/Team.
Benefits
- Competitive medical, dental, and vision insurance options
- Mental health resources
- Generous paid time off with observed holidays (varies per country)
- Paid parental leave for biological and adoptive parents
- Up to $2,500 or local equivalent each year to invest in continued education and personal development
- Up to $900 each year or local equivalent for fitness and wellness reimbursement
- Company-provided phone (varies by country)
- For HQ in-office employees, a daily lunch stipend, unlimited snacks, and engaging office space in the Financial District
- Pre-tax commuter benefits (US only)
- Employer 401K match (US only)
Benefit offerings vary based on country and are subject to change.
We are an equal opportunity employer and value diversity at our company. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We will ensure that individuals with disabilities are provided reasonable accommodation to participate in the job application or interview process, to perform essential job functions, and to receive other benefits and privileges of employment. Please contact us to request accommodation.
TO ALL AGENCIES: DriveWealth does not accept agency resumes. Please do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.