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We are seeking an experienced and detail-oriented professional to serve as our Chief Compliance Officer and Financial and Operations Principal (FinOp). This dual role is responsible for ensuring regulatory compliance across all business operations and maintaining the financial integrity of our broker-dealer firm. The ideal candidate will have a proven track record of managing complex regulatory environments and fostering a strong culture of compliance.
This is a part-time position with significant growth potential. As Vex Securities continues to expand, this role has the opportunity to transition into a full-time executive leadership position for the right candidate.
Key Responsibilities
Compliance Oversight
- Serve as the firm's Chief Compliance Officer, overseeing all compliance policies, procedures, and programs
- Maintain current knowledge of FINRA, SEC, and state securities regulations
- Conduct regular compliance audits and surveillance of trading activities, communications, and business practices
- Develop and deliver ongoing compliance training to registered representatives and staff
- Manage regulatory examinations and inquiries from FINRA, SEC, and state regulators
- Investigate and resolve customer complaints and regulatory issues
- Prepare and file all required regulatory reports and disclosures
Financial and Operations Principal Duties
Serve as the firm's designated FinOp under FINRA Rule 1022Oversee preparation and filing of FOCUS reports and financial statementsMonitor net capital calculations and ensure compliance with SEC Rule 15c3-1Ensure compliance with customer protection rules under SEC Rule 15c3-3Manage relationships with clearing firms and monitor financial arrangementsOversee the firm's books and records in compliance with SEC Rule 17a-3 and 17a-4Coordinate annual audits with external auditorsIdentify, assess, and mitigate operational and regulatory risksImplement and maintain supervisory procedures and written supervisory procedures (WSPs)Establish internal controls to prevent violations of securities laws and regulationsMonitor anti-money laundering (AML) compliance programCollaborate with technology team to develop and maintain compliant Alternative Trading System (ATS) softwareProvide regulatory guidance on ATS requirements under Regulation ATS (SEC Rule 242.300 et seq.)Ensure all trading system features and functionality comply with FINRA and SEC rulesReview and approve system changes, updates, and new features from a compliance perspectiveDevelop policies and procedures for ATS operations and oversightCoordinate regulatory filings related to ATS operations (Form ATS, Form ATS-N)Required Qualifications
FINRA Licensing (Required)
Series 14 (Compliance Official) - RequiredSeries 27 (Financial and Operations Principal) - RequiredPreferred Licensing
Series 99 (Operations Professional) - PreferredExperience
Minimum 5 years of experience in broker-dealer compliance and / or operationsMinimum 3 years in a senior compliance or FinOp roleStrong understanding of FINRA, SEC, and MSRB rules and regulationsExperience managing regulatory examinations and resolving regulatory mattersExperience with Alternative Trading Systems (ATS) or electronic trading platforms highly preferredSkills and Competencies
Exceptional attention to detail and organizational skillsStrong analytical and problem-solving abilitiesExcellent written and verbal communication skillsAbility to work independently and make sound judgmentsProficiency with compliance management systems and financial softwareAbility to assist as a Subject Matter Expert to collaborate effectively with technology teams and translate regulatory requirements into technical specificationsUnderstanding of trading system architecture and software development processes (preferred)Strong ethical standards and integrityAbility to manage multiple priorities in a fast-paced environmentExperience with regulatory reporting systems and databasesTravel Requirements
San Jose-based candidates : Travel to Puerto Rico twice per year for firm meetingsRemote candidates : Travel quarterly to either San Jose, CA or Puerto Rico for firm meetings and compliance reviewsCompensation
Competitive hourly rate or part-time salary commensurate with experience. Benefits package available for employees. Both contractor and employee arrangements will be considered based on candidate preference and qualifications.
To Apply
Please submit your resume and a summary of your regulatory experience to :
: Message John Crossman, CEO of Vex SecuritiesNote : This position is available immediately. Candidates with active licenses and availability to start within 30 days will be given priority consideration. Both W-2 employee and 1099 contractor arrangements available.
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