Compliance Specialist/Trade Operations

3 weeks ago


Minneapolis, United States NOVON Consulting Corp. Full time

About the job Compliance Specialist/Trade Operations

Will be onsite/hybrid in Minneapolis

W2/USC only

Trade Operations/Compliance Specialist

  • Licenses SIE, Series 7TO, Series 63. Series 24 or willingness to obtain (Series 57 also a plus but not required)
  • Experience Trading Operations/Back Office Equities Institutional Brokerage experience preferred but not necessarily required
  • Job Duties
    • Assist Sales, Trading, Investment Banking personnel with the opening of new accounts primarily DVP but occasional cash/retail accounts
    • Perform initial and ongoing CIP/AML reviews
    • Interact with Clearing Broker and Order Management System (OMS) vendor
    • Manage client account relationships and allocate trades daily
    • Review and reconcile trade breaks and settlement issues
    • Assist with onboarding T+1 settlement processes, policies and procedures
    • Perform trade surveillance functions and exception report monitoring
    • Prepare daily CAIS reporting files and assist with CAIS/CAT review and reconciliation
    • Assist with Best Execution reviews prepare stats for Best Ex Committee
    • Assist with vendor management and onsite FinTech management
    • Create and maintain procedural documentation


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