Compliance Analyst

IMC•Chicago, IL

12h•$85,000 - $115,000

About The Position

The Compliance Analyst role at IMC is responsible for ensuring the organization complies with all applicable laws, regulations, and internal policies for trading US financial products across IMC’s US operations. The role offers considerable growth and opportunity for responsibility expansion within the Compliance team.

Requirements

1 to 5 years of experience working for a proprietary trading firm, exchange, regulatory organization, broker dealer, futures commission merchant, or similar organization
A Bachelor’s degree
FINRA Series License SIE and 57 will be required within 1 year of employment
Knowledge of basic financial industry business knowledge and interest in the U.S. regulatory environment for trading firms
Demonstrated ability with meeting business requirements for regulatory requests, audits, examinations, and investigations
Experience with the use of third-party vendors to monitor employee personal trading
Proficient in use of surveillance tools to monitor trading activity
Strong interpersonal, organizational, problem-solving, and time-management skills
Ability to convey complex ideas or concepts clearly
Strong attention to detail; eager to learn, ask questions, and admit mistakes
Proactive and reliable, with the ability to work independently as well as with others in a small team

Responsibilities

Partner with the Compliance Team to drive IMC’s regulatory vision and compliance efforts
Promote the Firm’s Compliance culture, awareness of regulatory developments, and best practices
Monitor trading activity using the Firm’s in-house surveillance systems
Provide operational support for key external Compliance data reporting platforms (e.g. Consolidated Audit Trail, MiFID Transaction Reporting, Futures Audit Trail, and TRACE)
Investigate regulatory reporting exceptions, identifying root causes, and driving the necessary corrective actions
Implement Compliance onboarding and offboarding procedures, including the Registered Rep registration process (e.g. Forms U4 and U5, fingerprints, and address changes)
Assist in investigating compliance issues, responding to requests for information, audits, and regulatory exams, including trade data review and analysis
Conduct reviews of employee personal trading, including new account set up, pre-clearance requests, exception review, and FINRA 3210 letters
Maintain detailed, accurate, and organized documentation of execution of the Firm’s processes and procedures