Director, Compliance Regulatory

About the role

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage — all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU). Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Office Location: Dallas, TX or Jersey City, NJ. 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.

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.
• 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.
• Conduct internal investigations involving potential regulatory violations, supervisory concerns, customer complaints, and other compliance matters.
• 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, and 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.

Possess and maintain a comprehensive understanding of trade surveillance programs and market conduct requirements, and partner with surveillance personnel to evaluate potential trading violations and determine appropriate escalation and reporting actions.

Maintain a thorough understanding of Anti-Money Laundering requirements applicable to broker-dealers and clearing firms, and support the administration and effectiveness of the firm's AML program.

Monitor regulatory developments affecting broker-dealer clearing firms and assess their impact on the organization, and assist in the development and maintenance of Written Supervisory Procedures and Compliance Policies.

Requirements

Minimum of seven (7) 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.

Licensing Requirement: FINRA Series 7 License – Required, FINRA Series 24 License – Required, FINRA Series 3 License – Preferred, FINRA Series 4 License – Preferred.

Skills

• 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.

Benefits

• Comprehensive Paid Medical Benefits: We prioritize your health with a robust medical benefits plan that covers you and your dependents.
• 401k Employer Contribution: We match your contributions to help you grow your retirement savings.
• Generous Paid Time Off & Paid Holidays: Take the time you need to recharge and pursue your passions with our generous paid time off policy.
• Opportunities for Professional Growth & Development: Invest in your future through hands-on learning, skill-building, and cross-functional work.
• Performance Based Bonuses: Your hard work deserves recognition! Enjoy performance-based bonuses that reward your contributions to our team's success.

Base pay for a successful applicant will depend on a variety of job-related factors, which may include education, training, experience, location, business needs, or market demands. The expected salary range for this role is $190,000 - $230,000. This role is also eligible to participate in our discretionary bonus plan.