Director of Compliance - ATS (Alternative Trading System) & Trade Surveillance

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 futuclearing.com or moomoo.com/us to discover the future of investing with confidence and innovation.

About the role:

The Director of ATS and trade surveillance will work under the general direction of the Chief Compliance Officer and will support FUTC's newly established ATS and trade surveillance for the firm's clients. The position will directly work with Trading, Risk Management, and Surveillance areas to ensure proper controls and reporting are in place and function properly.

What you'll do:

• Ensure that key initiatives meet regulatory requirements
• Conduct thorough analysis to develop and implement compliance oversight tools
• Provide compliance oversight for ATS trading, clearance, and settlement (including but not limited to trade execution)
• Emphasis on all technical aspects of ATS trading systems, the ability to use technology to manage and analyse ATS data.
• Monitor and proactively research trade surveillance issues with relevant parties, including clients, trading venues, firm staff and regulators.
• Proactively assist in creating polices related to higher risk securities, including reviewing and establishing share deposit controls and limits and reviewing and establishing trading limitations.
• Assist with all aspects of compliance matters specific to a self-clearing firm.

Requirements

• 10+ years of relevant experience in compliance, ATS systems, trade surveillance and trade survelliance systems.
• Excellent oral and written communication and interpersonal skills.
• Ability to interact across all levels of management and work independently with minimal daily supervision.
• Be versed in ATS systems, trade surveillance systems and general compliance matters. Must have a thorough understanding of Rule 3a1-1(a)(2), FINRA Rules on Dark Pool requirements, and Reg SHO requirements. Also needs knowledge of 15c3-5 pre-trade risk rules and rules 605 and 606.
• Ability to research, interpret and advise the firm regarding compliance with laws, regulations and rules applicable to ATS and clearing firms. Ability to draft firm policies, controls and written supervisory procedures relating to the ATS.
• Experience working at a self-clearing firm with exposure to both institutional and retail clients.
• Versed in ATS trade surveillance . Knowledge of NTS / NSAC a plus.
• Proactive attitude for researching and solving problems.
• Must have Series 4, 7 (or SIE and 7TO), 24, and 57. Additional examinations related to Institutional Compliance a plus.

Benefits

What we offer

• Competitive salary and performance-based bonuses.
• Comprehensive benefits package, including health, dental, and retirement plans.
• Opportunities for professional growth and development.
• A dynamic and collaborative work environment.

Disclaimer:

The above information on this description has been designed to indicate the general nature and level of work performed by employees within this classification. It is not designed to contain or be interpreted as a comprehensive inventory of all duties, responsibilities, and qualifications required of employees assigned to this job.

Futu Holdings Limited, including all subsidiaries, is an equal opportunity employer, and all qualified applicants will receive consideration for employment without regard to race, color, religion, sex, national origin, age, disability status, protected veteran status, or any other characteristic protected by law.