Director, Compliance

About the role

Futu US Inc. is seeking a Compliance Manager to join our dynamic team. This role is based in Dallas, TX or Jersey City, NJ and requires a strong background in regulatory compliance, particularly within the context of broker-dealers and clearing firms.

Responsibilities

• Serve as the primary coordinator and project owner for all regulatory examinations, audits, investigations, and information requests from FINRA, the SEC, state regulators, exchanges, and other governmental agencies.
• Lead the firm's responses to routine and cause examinations, investigations, cycle examinations, and regulatory inquiries.
• Carefully coordinate information gathering efforts across Compliance, Operations, Technology, Risk, Finance, and business units to ensure timely and accurate responses to regulatory requests.
• Maintain examination logs, regulatory correspondence, document repositories, and response tracking systems.
• Prepare and coordinate management responses, remediation plans, and corrective action initiatives resulting from examinations or findings.
• Provide regular updates to senior management and the Chief Compliance Officer regarding examination status, findings, risks, and remediation efforts.
• Provide compliance support and guidance across all clearing operations functions.
• Maintain a thorough understanding of clearing and settlement processes, securities movements, securities lending, customer account activity, margin requirements, books and records requirements, and operational controls.
• Assist in the development and enhancement of policies, procedures, and controls designed to mitigate operational and regulatory risks.
• Participate in new product reviews, operational initiatives, and regulatory change management projects impacting clearing activities.
• Possess and maintain a comprehensive understanding of trade surveillance programs and market conduct requirements.
• Partner with surveillance personnel to evaluate potential trading violations and determine appropriate escalation and reporting actions.
• Support responses to regulatory requests involving trading activity and surveillance inquiries.
• Maintain a thorough understanding of Anti-Money Laundering requirements applicable to broker-dealers and clearing firms.
• Support the administration and effectiveness of the firm's AML program, including customer due diligence, transaction monitoring, sanctions compliance, and suspicious activity investigations.
• Aid in AML-related regulatory examinations, requests for information, and remediation efforts.
• Collaborate with AML personnel to identify emerging risks and strengthen financial crime controls.
• Monitor regulatory developments affecting broker-dealer clearing firms and assess their impact on the organization.
• Assist in the development and maintenance of Written Supervisory Procedures and Compliance Policies.
• Participate in risk assessments and control reviews across business and operational functions.
• Support implementation of regulatory initiatives and strategic compliance projects.
• Develop and maintain productive relationships with business leaders, affiliated firms, and control functions.
• Promote a strong culture of compliance and ethical conduct throughout the organization.

Requirements

• Minimum of seven (5) years of compliance experience within a FINRA-regulated broker-dealer, clearing firm, or financial services organization.
• Significant experience managing or coordinating regulatory examinations, investigations, and information requests from FINRA, the SEC, and other regulators.
• Demonstrated knowledge of broker-dealer clearing operations and regulatory requirements applicable to clearing firms.
• Strong knowledge of trade surveillance and market conduct requirements.
• Strong knowledge of Anti-Money Laundering regulations and financial crime controls applicable to broker-dealers.
• Experience working in complex, highly regulated financial services environments.
• Licensing Requirement: FINRA Series 7 License – Required; FINRA Series 24 License – Required; FINRA Series 3 License – Preferred; FINRA Series 4 License – Preferred.
• Comprehensive understanding of broker-dealer clearing operations and related regulatory requirements.
• Working knowledge of SEC and FINRA rules governing broker-dealers and clearing firms.
• Strong project management and organizational skills with the ability to manage multiple regulatory initiatives simultaneously.
• Excellent investigative, analytical, and problem-solving capabilities.
• Exceptional written and verbal communication skills.
• Strong attention to detail and ability to work under tight regulatory deadlines.
• Proficiency in managing large-scale information requests and coordinating cross-functional teams.
• Experience working within multinational financial organizations.
• Familiarity with affiliate clearing arrangements and omnibus clearing environments.
• Demonstrated ability to lead cross-functional projects and influence senior stakeholders.
• Ability to thrive in a fast-paced, highly regulated environment while maintaining a strong control mindset and commitment to regulatory excellence.

Benefits

• Comprehensive Paid Medical Benefits
• 401k Employer Contribution
• Generous Paid Time Off & Paid Holidays
• Opportunities for Professional Growth & Development
• Performance Based Bonuses

Pay

The expected salary range for this role is $190,000 - $230,000. This role is also eligible to participate in our discretionary bonus plan.

Schedule

This role must be based on the office locations specified in the job description, in line with our in-office work philosophy. Remote work is not available for this position.

Qualifications

• Required Experience: Minimum of seven (5) years of compliance experience within a FINRA-regulated broker-dealer, clearing firm, or financial services organization.
• Significant experience managing or coordinating regulatory examinations, investigations, and information requests from FINRA, the SEC, and other regulators.
• Demonstrated knowledge of broker-dealer clearing operations and regulatory requirements applicable to clearing firms.
• Strong knowledge of trade surveillance and market conduct requirements.
• Strong knowledge of Anti-Money Laundering regulations and financial crime controls applicable to broker-dealers.
• Experience working in complex, highly regulated financial services environments.
• Licensing Requirement: FINRA Series 7 License – Required; FINRA Series 24 License – Required; FINRA Series 3 License – Preferred; FINRA Series 4 License – Preferred.
• Comprehensive understanding of broker-dealer clearing operations and related regulatory requirements.
• Working knowledge of SEC and FINRA rules governing broker-dealers and clearing firms.
• Strong project management and organizational skills with the ability to manage multiple regulatory initiatives simultaneously.
• Excellent investigative, analytical, and problem-solving capabilities.
• Exceptional written and verbal communication skills.
• Strong attention to detail and ability to work under tight regulatory deadlines.
• Proficiency in managing large-scale information requests and coordinating cross-functional teams.
• Experience working within multinational financial organizations.
• Familiarity with affiliate clearing arrangements and omnibus clearing environments.
• Demonstrated ability to lead cross-functional projects and influence senior stakeholders.
• Ability to thrive in a fast-paced, highly regulated environment while maintaining a strong control mindset and commitment to regulatory excellence.