The Compliance Department at Millennium is responsible for adopting, implementing, and administering a comprehensive compliance program, including policies and procedures, processes, systems, controls, surveillance, testing, and reporting, designed to prevent, detect, and address violations of applicable laws, rules, regulations, and Firm policies.
Day-to-day, the Compliance Officer will be instrumental in managing the Firm’s responses to formal inquiries, examinations, and reviews from regulatory authorities and self-regulatory organizations applicable to Millennium’s business, including the SEC, CFTC, NFA, CME, and other brokers, exchanges or regulators. Your primary focus will be serving as the central coordination point for regulatory matters affecting Millennium’s registered investment adviser and commodity pool operator businesses. You will act as the primary liaison between the Firm and regulators, oversee document productions and written responses, coordinate internal reviews and investigations, and partner closely with Legal, Risk, Operations, Finance, and business stakeholders to ensure timely, accurate, and well-supported regulatory submissions.
Ideal candidates should have experience working in compliance, regulatory examinations, investigations, or enforcement response within an SEC-registered investment adviser, commodity pool operator, hedge fund, or other highly regulated financial institution. The role requires an investigative mentality, an analytical approach to problem solving, strong project management capabilities, and exceptional written and verbal communication skills. Prior experience handling sensitive regulatory matters and interacting directly with regulators is strongly preferred.
Responsibilities
- Assist in managing the Firm’s responses to regulatory inquiries, examinations, reviews, and requests from the SEC, CFTC, NFA, CME, and other applicable brokers, regulators, exchanges, and self-regulatory organizations.
- Serve as a primary liaison between the Firm and regulators, coordinating communications, tracking requests, and ensuring timely and accurate submissions.
- Coordinate internal investigations and fact-finding reviews in response to regulatory inquiries, potential compliance issues, and other escalated matters.
- Gather, review, and organize materials for regulatory productions, including policies and procedures, trading records, communications, surveillance results, marketing materials, books and records, and other supporting documentation.
- Draft and assist in drafting regulatory responses, correspondence, chronologies, briefing materials, and other written submissions.
- Partner with Legal, Risk, Operations, Finance, Technology, and business personnel to assess issues, collect information, and develop appropriate responses and remediation plans.
- Support onsite and remote examinations, including preparation of document productions, interview coordination, meeting logistics, and follow-up requests.
- Track regulatory deadlines, information requests, examination findings, and remediation items to ensure prompt escalation and completion.
- Analyze examination findings, deficiency letters, and investigative requests and assist in developing corrective actions, enhancements to controls, and other risk-mitigating measures.
- Help maintain policies, procedures, and internal protocols related to regulatory engagement, examination readiness, escalation, and recordkeeping.
- Advise relevant stakeholders on regulatory expectations, examination preparedness, and best practices for managing regulatory interactions.
- Maintain accurate and organized books and records relating to regulatory inquiries, examinations, investigations, and related compliance matters.
- Undertake special compliance-related projects and other responsibilities as assigned.
Qualifications/Skills Required
- Bachelor’s degree in Finance, Economics, Accounting, Business, or a related field is preferred, with a strong academic record.
- 8+ years of relevant experience in compliance, legal/compliance investigations, regulatory examinations, or enforcement response at an SEC-registered investment adviser, commodity pool operator, hedge fund, broker-dealer, FCM, or similar financial institution.
- Experience managing or supporting responses to regulatory inquiries, examinations, or investigations involving the SEC, CFTC, NFA, CME, or other relevant regulators and exchanges.
- Strong knowledge of the U.S. regulatory framework applicable to investment advisers, private funds, commodity pools, and derivatives trading activity.
- Familiarity with regulatory expectations relating to books and records, supervision, communications, trading activity, policies and procedures, and control frameworks.
- Exceptional written, analytical, and research skills, with the ability to synthesize complex information and prepare clear, concise, and well-supported regulatory responses.
- Strong attention to detail, organization, and effective communication skills, both verbal and written.
- Ability to work effectively and independently with all levels of management and staff across multiple functions.
- Ability to manage several matters simultaneously and perform effectively under pressure in a fast-paced environment.
- Sound judgment, professionalism, and discretion in handling highly sensitive and confidential matters.
- Proficient to advanced computer skills including MS Outlook, Word, Excel, and PowerPoint; experience with compliance, document management, and e-discovery tools is a plus.
Preferred Qualifications
- Prior experience acting as a direct point of contact with regulators during examinations or investigations.
- Familiarity with hedge fund trading strategies, private fund structures, and operational processes across investment management businesses.
- Experience supporting remediation efforts, issue management, and enhancements to compliance controls arising from regulatory findings.
- Industry licenses or certifications are a plus.
The estimated base salary range for this position is $160,000 to $250,000, which is specific to New York and may change in the future. Millennium pays a total compensation package which includes a base salary, discretionary performance bonus, and a comprehensive benefits package. When finalizing an offer, we take into consideration an individual’s experience level and the qualifications they bring to the role to formulate a competitive total compensation package.