Chief Compliance Officer (USA)

As a Chief Compliance Officer at Trexquant, your main responsibilities will include leading compliance oversight for our SEC-registered investment adviser, enhancing compliance frameworks, and implementing regulatory monitoring controls. You'll collaborate with quantitative researchers and traders to ensure all trading strategies adhere to compliance regulations, oversee essential regulatory filings, and develop risk assessments to report to leadership.

Trexquant requires candidates for the Chief Compliance Officer position to hold a Bachelor’s degree and preferably have additional certifications such as JD, CFA, or CPA. A minimum of six years of management-level experience at an SEC-registered investment adviser or within regulatory bodies is essential, as is a thorough understanding of SEC regulations and compliance best practices.

In the role of Chief Compliance Officer at Trexquant, you will work closely with various teams, including quantitative researchers, engineers, and traders. By integrating compliance into the trading framework, you ensure that every aspect of our innovative strategies is compliant with regulations, while also fostering clear communication and response to compliance challenges across departments.

At Trexquant, the Chief Compliance Officer has opportunities for significant career growth, with exposure to the latest regulatory trends and the chance to influence compliance strategy at a high level. By participating in investor diligence meetings and regulatory discussions, you will develop professionally while making a significant impact on the company’s compliance landscape.

The Chief Compliance Officer can expect a collaborative, casual, and friendly work environment at Trexquant. We place a high value on teamwork while addressing the complex challenges in financial markets, ensuring that every team member feels involved and supported in their role.

To ensure compliance with SEC regulations, I would start by establishing robust frameworks for monitoring compliance, conducting regular training for staff on evolving regulations, and integrating compliance checks into the daily processes of trading to ensure that every action taken aligns with best practices.

In a fast-paced trading environment, I approach risk assessments by employing both qualitative and quantitative methods. By analyzing trading patterns and aligning them with regulatory requirements, I can swiftly identify potential compliance risks and address them before they escalate.

One compliance challenge I faced involved adapting to sudden regulatory changes concerning cybersecurity. I led a team effort to assess our existing protocols, implement necessary changes effectively, and communicated with the entire organization to ensure understanding and adherence to the new requirements.

I stay updated on compliance regulations by attending industry conferences, participating in SEC outreach programs, and subscribing to professional compliance newsletters. This proactive approach ensures that I'm informed on the latest trends and can integrate those insights into our compliance strategies.

Technology is central to my compliance strategy; it enables us to automate routine compliance checks, conduct real-time monitoring, and analyze data more efficiently. I advocate for leveraging tools that enhance our compliance processes while also ensuring they remain adaptable to change.

Ensuring clear communication of compliance policies involves incorporating regular training sessions, providing easily accessible documentation, and fostering an open-door policy where employees can ask questions or seek clarification about compliance issues anytime.

To evaluate the effectiveness of compliance programs, I regularly review compliance metrics, conduct internal audits, and gather feedback from employees. This approach provides insights into which areas need improvement and helps in continuously refining our compliance efforts.

In the event of a regulatory breach, I’d first conduct a thorough investigation to understand the cause and extent of the breach, report findings to relevant stakeholders, and develop a corrective action plan to prevent recurrence. Transparency and timeliness are essential to maintaining credibility with regulators and the team.

Key qualities for a Chief Compliance Officer include a deep understanding of regulatory frameworks, strong analytical skills, excellent communication abilities, and adaptability. A successful CCO must also possess strategic thinking to align compliance goals with organizational objectives effectively.

I have extensive experience with regulatory filings and disclosures, including handling ADV, Form PF, and 13F documents. I ensure that all filings are accurate, timely, and comply with the relevant regulations, contributing to overall organizational integrity and clarity with regulators.