Job Description

Job Description

## Position Overview

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 1022

• Oversee preparation and filing of FOCUS reports and financial statements

• Monitor net capital calculations and ensure compliance with SEC Rule 15c3-1

• Ensure compliance with customer protection rules under SEC Rule 15c3-3

• Manage relationships with clearing firms and monitor financial arrangements

• Oversee the firm's books and records in compliance with SEC Rule 17a-3 and 17a-4

• Coordinate annual audits with external auditors

### Risk Management:

• Identify, assess, and mitigate operational and regulatory risks

• Implement and maintain supervisory procedures and written supervisory procedures (WSPs)

• Establish internal controls to prevent violations of securities laws and regulations

• Monitor anti-money laundering (AML) compliance program

### Technology & ATS Development:

• Collaborate with technology team to develop and maintain compliant Alternative Trading System (ATS) software

• Provide 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 rules

• Review and approve system changes, updates, and new features from a compliance perspective

• Develop policies and procedures for ATS operations and oversight

• Coordinate regulatory filings related to ATS operations (Form ATS, Form ATS-N)

## Required Qualifications

### FINRA Licensing (Required):

• Series 14 (Compliance Official) - Required

• Series 24 (General Securities Principal) - Required

• Series 27 (Financial and Operations Principal) - Required

### Preferred Licensing:

• Series 99 (Operations Professional) - Preferred

### Experience:

• Minimum 5 years of experience in broker-dealer compliance and/or operations

• Minimum 3 years in a senior compliance or FinOp role

• Strong understanding of FINRA, SEC, and MSRB rules and regulations

• Experience managing regulatory examinations and resolving regulatory matters

• Experience with Alternative Trading Systems (ATS) or electronic trading platforms highly preferred

## Skills and Competencies

• Exceptional attention to detail and organizational skills

• Strong analytical and problem-solving abilities

• Excellent written and verbal communication skills

• Ability to work independently and make sound judgments

• Proficiency with compliance management systems and financial software

• Ability to assist as a Subject Matter Expert to collaborate effectively with technology teams and translate regulatory requirements into technical specifications

• Understanding of trading system architecture and software development processes (preferred)

• Strong ethical standards and integrity

• Ability to manage multiple priorities in a fast-paced environment

• Experience with regulatory reporting systems and databases

## Travel Requirements

• San Jose-based candidates: Travel to Puerto Rico twice per year for firm meetings

• Remote candidates: Travel quarterly to either San Jose, CA or Puerto Rico for firm meetings and compliance reviews

## Compensation

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:

• Email: john@vexsecurities.com

• LinkedIn: Message John Crossman, CEO of Vex Securities

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Note: 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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