Director of Broker Dealer Compliance

| Greater NYC Area | Hybrid
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Stash is investing, simplified. We are an investing platform that makes it easy for anyone to start with as little as $5. Through empowering our users with education and guidance, we help investors learn the basics so they can do it themselves, At Stash, we are working toward a future where investors are as diverse as our world.

We are seeking a broker-dealer compliance professional to serve as the CCO for Stash’s SEC-registered broker-dealer, Stash Capital LLC, which provides brokerage services to the clients of Stash’s advisory business.

As the Director of Broker-Dealer Compliance, you will report to Stash's CCO, and lead compliance for the broker-dealer with a specific focus on the equity trading business(es), including all related clearance, settlement and operational elements, and will be responsible for drafting written supervisory procedures, developing and implementing a robust compliance and supervisory framework, evaluating internal controls, and implementing pragmatic solutions. This hire will also work closely with the brokerage operations team and other legal and compliance stakeholders to maintain a well-run compliance program while achieving business goals.

If you have an entrepreneurial drive combined with the ability to think strategically - Stash is looking for you! 

What you'll do:

  • Maintain a FINRA Rule 3010/3012 compliance and supervisory program for institutional and retail equities trading, including operations / middle office, trade settlement, and transaction reporting (e.g., TRF, OATS, 605/606).
  • Serve as subject matter expert for FINRA, SEC, and exchange rules relating to equities trading and the impact of such regulations on Stash’s business.
  • Develop and maintain the compliance surveillance and testing program, including the creation of exception reports for ongoing monitoring as well as periodic sampling and risk-based reviews of trading activity culminating in a FINRA 3130 compliance attestation.
  • Draft written supervisory procedures, desk manuals and pertinent regulatory updates surrounding rule changes, new rule implementation, and industry developments.
  • Manage and respond to regulatory inquiries for all businesses, and act as a point of contact for third-party due diligence partners and for regulatory examinations, including regular cycle, FINOP, and TMMS exams.
  • Develop and deliver the continuing education program as well as mentoring and training for licensed professionals, including the Firm Element and Annual Compliance Meeting.
  • Actively participate in industry compliance training and maintain awareness of the evolving landscape (i.e. FINRA training, compliance and product training, etc.).
  • Ensure accurate and timely filings of required regulatory documents including Form BD and other periodic filing requirements.

What we're looking for:

  • 7+ years of compliance experience, including direct experience as a senior compliance professional at a broker-dealer
  • Series 7 and Series 24 required
  • Deep knowledge of FINRA regulations
  • Knowledge of customer identification and anti-money laundering rules relating to retail client onboarding and account maintenance
  • Strong project management skills with an emphasis on coordinating across teams and functions
  • Exemplary attention to detail, exceptional analytical skills, and strong judgment skills
  • Highly-developed interpersonal skills and an aptitude for building strong relationships through the use of engaging, courteous, and persuasive communication styles
  • High open-mindedness, high conscientiousness, and high equanimity
  • Bachelor’s degree required

Gold Stars:

  • Juris Doctor
  • Prior experience as a regulator
  • Prior experience with financial technology, online trading, and/or algorithmic trading
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Location

We offer employees the choice and flexibility to work where you want from anywhere in the US or UK. We offer stipends to make home offices productive and for those who don't live near our NYC and London offices, to secure space when they want it.

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