Trade Surveillance Senior Analyst

Altruist

Altruist

IT
Dallas, TX, USA
Posted on Tuesday, July 9, 2024

About Altruist

Altruist is a fast growing fintech company that's transforming the financial advice industry. Our mission is to make financial advice better, more affordable, and accessible to everyone. We’re a modern custodian built exclusively for registered investment advisors (RIAs). As we disrupt legacy custodians and revolutionize the $100T RIA market, we're seeking exceptional individuals to join our team. If you embody our core values of kindness, brilliance, and grit, and are passionate about making a meaningful impact, we want to hear from you!

About the position

Altruist is a hyper-growth fintech company on a mission to make financial advice better, more accessible,
and affordable. Our team is building a revolutionary platform that reduces barriers to entry into wealth
creation and management for financial advisors and their clients. Using Altruist, advisors can work more
efficiently and reduce costs, enabling them to help more people.

If you're passionate about your craft and are looking for big, meaningful problems to solve, then you'll love
what we're doing. At Altruist, you'll have the opportunity to do exciting work on products ranging from
complex enterprise business software to a beautiful consumer app experience and user acquisition
platform.

As Altruist enters an expansion phase for our revolutionary product offering, we’re seeking an
experienced Trade Surveillance Senior Analyst Financial Crime Specialist to join our Compliance Team.
In your role as a Trade Surveillance Senior Analyst, you will play a crucial part in safeguarding our
operations' financial integrity. You’ll employ cutting-edge technologies and your in-depth knowledge of the
industry to analyze and identify suspicious trading activity, ensuring adherence to market regulations.

What you’ll do

  • Be an integral part of a larger compliance team responsible for regulatory compliance of our FINRA-member broker-dealer and SEC-registered investment adviser.
  • Carry out detailed surveillance of trading activities and transactions, identifying any suspicious patterns or behaviors.
  • Perform comprehensive investigations on any potentially non-compliant trades.
  • Record and report findings, providing in-depth analysis on noticed trends and risk areas.
  • Assist in the development, tuning and optimization of surveillance systems and procedures.
  • Coordinate cooperatively with the compliance and legal teams to address concerns about compliance and regulatory issues.
  • Regularly monitor and understand the current market conditions, regulations, and changes.
  • Participate in the regular, annual, and ad-hoc testing and monitoring of Trade Surveillance policies and procedures of Altruist’s multiple regulated entities, including its broker-dealer and registered investment adviser.
  • Contribute to examinations with regulatory agencies as requested.
  • Assist in various other compliance needs ad hoc projects and tasks as necessary.
  • Conduct other related tasks to support compliance surveillance, monitoring and testing.

What you’ll bring

  • 3+ years of experience in trade surveillance and regulatory compliance for a FINRA-member broker-dealer and/or registered investment adviser.
  • A profound understanding of FINRA and SEC rules and regulations, trading systems, financial market regulations, and compliance processes.
  • Strong knowledge of regulatory expectations, and industry leading practices.
  • High degree of initiative and personal responsibility to anticipate issues, find solutions, and drive resolution.
  • Attention to detail with ability to execute in a dynamic and fast-paced environment.
  • Strong problem solving, analytical, organizational and writing skills.
  • Bachelor’s degree in Finance, Business, Economics, or related field/ equivalent experience.
  • FINRA Series 7, 66 or 63

Benefits

  • Competitive salary and stock options
  • Premium Healthcare, Dental, and Vision insurance plans
  • Generous paid parental leave
  • 401(k) savings plan with matching contributions
  • Flexible paid time off

Total compensation includes a competitive benefits package along with equity in the form of Stock Options (ISOs). A salary offer will be determined by a number of factors including experience, skill level, internal pay equity, geographic location, and other relevant business considerations. We review all employee pay and compensation programs regularly to ensure fair, equitable, and competitive pay. At Altruist, we are committed to providing fair, equitable, and competitive compensation by leveraging market data to inform our pay bands. Base salaries will be reviewed at regular intervals throughout the year, typically in conjunction with performance review cycles. By evaluating compensation on a regular basis, we are able to reward high performance and ensure all employees have opportunities for growth.

Don’t meet every single requirement? Studies have shown that women and people of color are less likely to apply to jobs unless they meet every single qualification. At Altruist we are dedicated to building a diverse, inclusive, and authentic workplace, so if you’re excited about this role, but your past experience doesn’t align perfectly with every qualification in the job description, we encourage you to apply anyways. You may be just the right candidate for this or other roles.