Director, Compliance Regulatory

About Futu US Inc.

Futu US Inc. stands at the forefront of financial services, housing two SEC registered broker-dealers alongside a cryptocurrency brokerage - all operating under the reputable wing of Futu Holdings Limited (Nasdaq: FUTU).

Our core mission revolves around innovating the investing landscape through a digitized brokerage and wealth management platform that's designed to elevate the investment experience.

Here's a closer look at our key entities:

• Futu Clearing Inc.: An SEC registered FINRA member dedicated to delivering top-tier clearing and execution services globally.
• Moomoo Financial Inc.: As an SEC registered FINRA member, we provide retail investors access to both U.S. and Asian securities markets, ensuring your investment journey is backed by expertise.
• Moomoo Technology Inc.: Offering a data-rich trading platform, we provide unparalleled insights and tools to enhance your trading strategies. Note that this entity is not a licensed broker-dealer.

For deeper insights into our entities and affiliates, explore  or  to discover the future of investing with confidence and innovation.

Office Location: Dallas, TX or Jersey City, NJ

This role must be based on the office locations specified in the job description, in line with our in-office work philosophy. Remote work is not available for this position. For more details about our in-office approach and expectations, please reach out to the recruiter.

Position Summary

The Director of Compliance will play a critical leadership role within the Compliance Department and will be responsible for managing regulatory examinations, inquiries, and investigations involving FINRA, the SEC, state securities regulators, and other regulatory agencies.

The successful candidate must possess extensive knowledge of broker-dealer clearing operations, regulatory requirements applicable to clearing firms, and experience in compliance investigations, trade surveillance, anti-money laundering, and regulatory reporting. This position requires strong leadership skills, exceptional communication abilities, and the capability to work effectively within a global organization.

Primary Responsibilities

Regulatory Examinations and Investigations

• Serve as the primary coordinator and project owner for all regulatory examinations, audits, investigations, and information requests from FINRA, the SEC, state regulators, exchanges, and other governmental agencies.
• Lead the firm's responses to routine and cause examinations, investigations, cycle examinations, and regulatory inquiries.
• Coordinate information gathering efforts across Compliance, Operations, Technology, Risk, Finance, and business units to ensure timely and accurate responses to regulatory requests.
• Maintain examination logs, regulatory correspondence, document repositories, and response tracking systems.
• Prepare and coordinate management responses, remediation plans, and corrective action initiatives resulting from examinations or findings.
• Conduct internal investigations involving potential regulatory violations, supervisory concerns, customer complaints, and other compliance matters.
• Provide regular updates to senior management and the Chief Compliance Officer regarding examination status, findings, risks, and remediation efforts.

Clearing Operations Compliance Oversight

• Provide compliance support and guidance across all clearing operations functions.
• Maintain a thorough understanding of clearing and settlement processes, securities movements, securities lending, customer account activity, margin requirements, books and records requirements, and operational controls.
• Assist in the development and enhancement of policies, procedures, and controls designed to mitigate operational and regulatory risks.
• Participate in new product reviews, operational initiatives, and regulatory change management projects impacting clearing activities.

Trade Surveillance and Market Conduct

• Possess and maintain a comprehensive understanding of trade surveillance programs and market conduct requirements.
• Partner with surveillance personnel to evaluate potential trading violations and determine appropriate escalation and reporting actions.
• Support responses to regulatory requests involving trading activity and surveillance inquiries.

Anti-Money Laundering and Financial Crimes Compliance

• Maintain a thorough understanding of Anti-Money Laundering requirements applicable to broker-dealers and clearing firms.
• Support the administration and effectiveness of the firm's AML program, including customer due diligence, transaction monitoring, sanctions compliance, and suspicious activity investigations.
• Assist with AML-related regulatory examinations, requests for information, and remediation efforts.
• Collaborate with AML personnel to identify emerging risks and strengthen financial crime controls.

General Compliance Responsibilities

• Monitor regulatory developments affecting broker-dealer clearing firms and assess their impact on the organization.
• Assist in the development and maintenance of Written Supervisory Procedures and Compliance Policies.
• Participate in risk assessments and control reviews across business and operational functions.
• Support implementation of regulatory initiatives and strategic compliance projects.
• Develop and maintain productive relationships with business leaders, affiliated firms, and control functions.
• Promote a strong culture of compliance and ethical conduct throughout the organization.