Senior Trade Compliance Manager

Business Unit:Compliance, Risk and Internal Audit
Salary Range:$140,000 USD - $160,000 USD

Specific compensation will be based on candidate’s experience, skills, qualifications, commercial considerations, and other job-related factors permitted by law. At Russell Investments, salary is just one part of our compensation package. Our total rewards approach includes an annual performance bonus (subject to eligibility criteria) in addition to participation in our competitive benefits programs including healthcare, retirement, vacation, and wellbeing programs.

Job Description:

As a Senior Trade Compliance Manager, you will be responsible for ensuring that all trading activities within the firm comply with applicable regulatory requirements and internal policies as well as own the overall trade compliance function. This role involves monitoring and reviewing trading activities, providing guidance on compliance matters, and implementing effective controls to mitigate compliance risks. You will report to the Broker-Dealer Chief Compliance Officer.

Our compliance team serves as a robust independent second line of defense to help ensure that the firm operates within regulatory requirements and industry practices, and this is a supporting position within the compliance team.  

The ideal candidate will have a strong understanding of financial markets, trading regulations, and a keen eye for detail.
**This role is not eligible for employment-based immigration sponsorship. Applicants must be legally authorized to work in the United States without employer sponsorship, now or in the future.”

Location: Seattle or New York (hybrid schedule with at least 3 days per week in the office)

Your Core Responsibilities:

Trade Compliance Monitoring:

• Monitor trading activities to ensure compliance with relevant regulations, including SEC, FINRA, and other applicable regulatory bodies.
• Implement and enforce trading compliance policies and procedures.
• Conduct daily trade surveillance to identify and investigate potential compliance issues, such as market abuse, insider trading, and other irregularities.
• Generate regular reports on compliance issues and trends for senior management.
• Establish a robust testing program in partnership with global testing teams which addresses compliance with applicable trading laws, rules, and regulations (e.g., best execution, market abuse)
• Support the preparation and maintenance of investigations, findings, and remediation activities

Policy Development and Maintenance:

• Develop, review, and update trading compliance policies and procedures to align with regulatory requirements and industry best practices.
• Ensure that trading activities are conducted in accordance with the firm's policies.

Training and Education:

• Provide ongoing training and guidance to traders and other relevant staff on compliance matters and regulatory changes.
• Develop training materials and conduct compliance training sessions.

Collaboration:

• Work closely with the trading desk, legal department, risk management, and other relevant teams to ensure a cohesive approach to compliance.
• Participate in cross-functional projects and initiatives to enhance the firm's overall compliance framework.

Your Expertise:

• Strong knowledge of markets and trading practices across asset classes (equities, fixed income, foreign exchange, derivatives)
• Strong knowledge of SEC, FINRA, and other applicable global requirements covering market abuse, market practices (e.g., best execution), and pre-/post trade requirements (e.g., disclosures, confirmations)
• Strong analytical and problem-solving skills with attention to detail.
• Proficiency in using trade surveillance systems and other compliance tools.
• Identify and investigate compliance regulations to remain up-to-date on industry trends and laws.
• Ability to understand the impact of decisions and strive to improve overall team performance.
• Takes responsibility and initiative to facilitate conflict resolution, consensus building and problem solving.
• Strong writing skills
• Strong interpersonal, oral, and written communication and collaboration skills with all levels of management
• Excellent analytical, problem-solving, and decision-making skills.
• Strong organizational skills including the ability to adapt to shifting priorities and meet frequent deadlines,
• Demonstrated proactive approach to problem-solving with strong judgment and decision-making capability.
• Highly resourceful and collaborative team player, with the ability to also be independently effective and exude initiative and a sense of urgency.
• Exemplifies our customer-focused, action-oriented, results-driven culture.
• Forward-looking thinker, who actively seeks opportunities, has a desire for continuous learning, and proposes solutions.
• Ability to act with discretion and maintain complete confidentiality.
• Dedicated to the firm’s values of non-negotiable integrity, valuing our people, exceeding client expectations, and embracing intellectual curiosity and rigor.

Equal Employment Opportunity 

Russell Investments is committed to providing equal employment opportunities for all associates and employment applicants regardless of race, religion, ancestry, creed, color, gender (including gender identity which refers to a person's actual or perceived sex, and includes self-image, appearance, behavior or expression, whether or not different from that traditionally associated with a person's biological sex), age, national origin, citizenship status, disability, medical condition, military status, veteran status, marital status, sexual orientation,  past or present unemployment status , or any other characteristic protected by law.