Compliance Officer

XTX Markets is a leading algorithmic trading company partnering with counterparties, exchanges and e-trading venues globally to provide liquidity in the Equity, FX, Fixed Income and Commodity markets. We provide consistent liquidity, helping market participants throughout the world obtain the best prices in the various assets classes we cover, regardless of changing market conditions.

At XTX Markets technology is our business and we are a diverse organisation which attracts outstanding talent from across all industry backgrounds. We are focused on teamwork and our people collaborate on all aspects of the business, working openly and with respect for each other, our clients and the market. Our culture is non-hierarchical and one where everyone is valued. We strive for excellence in everything we do.

XTX is seeking a Compliance team member based in New York to contribute to the global compliance processes of the firm, with a focus towards US regulatory requirements as we continue to grow and expand our US based offering.

The Compliance Officer will be a key member of the team supporting the Head of U.S. Compliance, the CCO and contributing to the global department’s mission in a variety of wide-ranging functions. The candidate will work collaboratively to administer the XTX compliance program, understand and monitor the Firm’s trading activities, diligently monitor the regulatory horizon, and help to evaluate, implement and improve processes intended to meet regulatory requirements.

• Provide compliance support for Equity & Options Trading
• Developing written policies and procedures, with review and testing of existing procedures
• Provide advisory related to electronic non-discretionary trading Risk and IT on regulatory guidance and rules
• Working with the global surveillance function
• Acting as a point of contact for the business on matters relating to conduct compliance, employee compliance training
• Monitoring the regulatory horizons for requirements that will impact XTX
• Drafting and maintaining management information, internal briefings, processes, and procedures documentation
• Rulebook and product reviews
• Regulatory reporting
• Collaboration with the XTX Legal Team and advising XTX’s businesses from a compliance/regulatory perspective

• Approximately 6 to 12 years compliance or related experience
• Experience with US equities trading compliance requirements and institutional brokerage
• Experience in electronic trading, including an understanding of quantitative trading and the associated compliance control framework
• Detail-oriented with excellent written communication and record-keeping skills. Ability to clearly track, coordinate and document processes. Ability to explain regulatory requirements clearly and concisely in both written and verbal formats
• Experience with regulatory reporting (CAT, 605, 13F, 13H, 17H), registrations (U4/5, Form BD), Written Supervisory Procedures (WSPs), internal inspections, books, and records requirements – all considered valuable
• Knowledge of US rules relevant to proprietary and electronic equity trading including: Reg NMS, Reg SHO, Market Access Rule, CAT reporting, supervision – preferred
• Experience with surveillance reviews for market abuse scenarios, investigating and escalating alerts – some understanding is desirable, will train the right candidate
• Ability to perform reviews of rulebooks and regulations to identify requirements applicable to the Firm’s businesses
• Strategic thinker with experience involved in decisions related to business process, regulatory advisory to the business and compliance engagement
• Experience working with exchanges and regulators would be beneficial
• Proprietary trading, quant firm, bank, brokerage, or large asset management compliance experience is preferable
• Ability to synthesise data, maintain detailed records and provide management reports
• Technical experience including basic coding is desired but not strictly required

APPLY HERE

The base salary range for this role is between $175,000 to $225,000 depending on relevant job-related skills and experience. You will be eligible for participation in a discretionary annual performance bonus scheme and will enjoy a comprehensive package of benefits. All bonuses, benefits, and any sign-on payments are in addition to the base salary range stated.