Compliance Associate - OTC Surveillance

The Compliance Department at Millennium serves to adopt, implement, and carry out a compliance program, including policies and procedures, processes, systems, controls, surveillance, testing and reporting, which is designed to prevent or detect violations of applicable laws, rules and regulatory requirements and Firm policies.

Day-to-day, the Compliance Officer will be responsible for trading surveillance, with a focus on potential market manipulation and insider trading, specifically in over-the-counter products such as Foreign Exchange, Precious Metals, Swaps, and Asset-backed securities. This person will work directly with partners at all levels across the Firm and will have the opportunity to get involved in various projects.

Ideal candidates should have experience with trade related surveillance at a regulatory authority, bank/broker, or buy-side firm. The role requires an investigative mentality with an analytical approach to problem solving and keen attention to detail

Responsibilities

• General trading surveillance reviews, with a focus on potential market manipulation and insider trading
• Monitor daily surveillance reports using exception reports and other tools
• Review trade alerts, conduct analysis and escalate findings as needed
• Analyze exception report trends
• Other assignments will include assisting with inquiries and exams, reviews of electronic communications
• Undertake special compliance related projects as assigned
• Maintain accurate and organized compliance books and records

Qualifications

• Bachelor’s degree in Finance, Economics or a related field is preferred, with a strong academic record
• 3+ years of experience; prior surveillance or related experience at regulatory authority, bank/broker or buy-side firm is ideal
• Over-the-counter product experience preferred, experience working with FX, Precious Metals, Swaps, and Asset-backed securities
• Experience in the securities and trading industry preferred
• Knowledge of US financial markets preferred
• Previous experience working with third-party surveillance platforms
• Exceptional written, analytical, and research skills and the ability to apply both quantitative and qualitative analysis
• Strong attention to detail, organization, and effective communication skills, both verbal and written
• Ability to work effectively and independently with all levels of management and staff
• Candidate must have strong communication, analytical skills and a desire to learn
• Ability to handle several tasks simultaneously
• Attention to detail and the ability to identify complex problems, review related information to develop and evaluate options
• Must be a phenomenal teammate, able to work with others, enthusiasm for trading markets
• Proficient to advanced computer skills including Bloomberg, MS Outlook, Word, Excel and PowerPoint

The estimated base salary range for this position is $70,000 to $160,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.