Director, Equities Compliance

About the role

The Director of Equities Compliance will assist in the effective implementation, maintenance and administration of the Capital Markets Compliance Program. The role provides compliance advisory services, coordinates and performs ongoing risk assessment, monitoring and surveillance activities to ensure that the Compliance Program remains current and aligned with the Firm’s Enterprise-wide Compliance Program. The role works closely with the relevant other internal business partners to ensure regulatory and corporate obligations are met.

Responsibilities

• Assists in the development and enhancement of policies and procedures related to equities trading activities.
• Maintains current knowledge of regulatory requirements and developments, monitors risk, identifies and corrects possible gaps and weaknesses.
• Provides real-time guidance to Capital Markets management on implications of new regulatory policies or Bank products and assists in the implementation of new or revised policies and programs to address them.
• Develops and maintains compliance information for analysis and reporting.
• Maintains compliance with regulatory requirements and ensures the business unit complies with new and/or amended regulations.
• Reviews, drafts, and enhances Policies and Procedures and Written Supervisory Procedures.
• Reviews new business initiatives, products, and markets to ensure full compliance before launch.
• Works closely with IT and support staff on the implementation of regulatory initiatives.
• Supports the CCM equity program including a focus on building and executing the monitoring framework and compliance responsibilities.
• Executes appropriate testing and analyzes key performance indicators to ensure requirements of the LOB policies and programs are maintained at a level commensurate with regulatory expectations.
• Supports root cause analysis in response to material control failures in line(s) of business.
• Reviews electronic communications.
• Participates in risk assessments, issue tracking, and remediation efforts to address control gaps and regulatory findings.

Requirements

• Bachelor’s degree required.
• Minimum of 5 years of experience with a financial services firm in a compliance role or equivalent experience at a regulator.
• Strong knowledge of multiple equity market activities preferred including: communications, SEC Rule 605/6, supervision, best execution/order handling, and SEC Rule 15c3-5.

Skills

• Knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact.
• Series 7, 63, 24 a plus.
• Strong communication, critical thinking, relationship management, and project management skills.
• Deep operational and regulatory knowledge across SEC, FINRA, and exchange rules.
• Expertise in surveillance systems, investigation methodologies, and testing protocols.
• Demonstrated analytical and problem-solving skills with the ability to synthesize complex information and provide actionable recommendations.

Benefits

At BMO, we offer a competitive compensation package including a salary range of $112,200.00 - $209,000.00, performance-based incentives, discretionary bonuses, and other perks and rewards. We also offer health insurance, tuition reimbursement, accident and life insurance, and retirement savings plans. For more information, please visit our careers page: https://jobs.bmo.com/us/en.

Pay

Salaried

Schedule

Full-time

Qualifications

Must be a highly motivated candidate with the ability to work independently. Must have the ability to multi-task, plan and prioritize a large volume of detail-oriented work in accordance with changing deadlines. Must have strong knowledge of applicable securities laws, rules and regulations with the ability to assess firm impact. Must have Series 7, 63, 24 a plus. Must have strong communication, critical thinking, relationship management, and project management skills. Must have deep operational and regulatory knowledge across SEC, FINRA, and exchange rules. Must have expertise in surveillance systems, investigation methodologies, and testing protocols. Must have demonstrated analytical and problem-solving skills with the ability to synthesize complex information and provide actionable recommendations.