Description
Director of Compliance
Location: New York, NY 10005 or Chicago, IL 60605
Salary Range: $175,000-200,000, plus performance-based bonus
Group One Trading is seeking a Director of Compliance to lead the full operation of the Compliance Department from surveillance and investigations to regulatory reporting and training programs. You’ll work closely with business leaders, technology teams and the Chief Compliance Officer to build a compliance framework that protects the firm while enabling strategic growth. The ideal candidate combines deep regulatory expertise with a pragmatic, collaborative approach and strong problem-solving skills.
WHO WE ARE
We are committed to creating a diverse environment and are proud to be an equal opportunity employer. At Group One, we value transparency and collaboration coming from unique perspectives and backgrounds. We hire bright, analytical, and competitive people and train them to be the best in the industry. We strive to create a workplace in which all employees have an opportunity to participate and contribute to the success of the business. A healthy work-life balance is essential to sustaining our work culture and our overall success. We rely on our employees to spur creativity, enhance problem-solving, and help us thrive in the high-pressure trading industry.
WHAT WE DO
Group One Trading was founded in San Francisco in 1989, and we’ve become one of the largest privately held options trading firms in the United States, with brilliant people on our team in New York, Chicago, Philadelphia, and San Francisco. We continue to expand our presence on exchanges as the options trading space evolves and grows. Armed with expertise developed through a rigorous training program, our traders provide competitive liquidity across a broad range of securities. We manage portfolios of thousands of securities and electronically stream two-sided quotes across multiple exchanges. Group One is wholly owned by its founders and employees, and all our trading is proprietary, placing both the rewards for our success and managerial oversight directly in our team’s hands.
RESPONSIBILITIES
Oversee full department operations including surveillance, investigations, regulatory reporting, testing, and training programs
Design and implement compliance processes that balance regulatory requirements with business practicality
Lead complex investigations and matters requiring senior-level involvement
Provide expertise on novel compliance situations and ambiguous regulatory matters
Lead cross-departmental initiatives requiring compliance input or oversight
Ensure quality assurance for all compliance deliverables and work product
Monitor team capacity and performance metrics to maintain program effectiveness
Coordinate regulatory examinations and serve as primary working-level contact with regulators
Manage vendor relationships for compliance systems
SKILLS AND REQUIREMENTS
Deep operational and regulatory knowledge across SEC, FINRA, and exchange rules
Strong understanding of options trading and market structure
Experience across multiple compliance functional areas (surveillance, investigations, testing, reporting)
Expertise in surveillance systems, investigation methodologies, and testing protocols
Ability to translate complex regulatory requirements into practical operational procedures
Demonstrated analytical and problem-solving skills with the ability to synthesize complex information and provide actional recommendations
Minimum of 7 years of progressive compliance responsibility in financial services, with at least 5 years in an options/derivatives trading environment
Series 7/57 and Series 24 are required; Series 4 preferred
Bachelor's degree required; advanced degree (MBA, JD, or relevant Master's) strongly preferred
Working knowledge of coding languages such as SQL and Python preferred
This is a role that requires a significant in-office presence.
THE BENEFITS
Our Director of Compliance earns a competitive salary, including a performance-based bonus. We provide fantastic benefits, including 401(k) and Roth 401(k) retirement plans with employer matching, medical, dental, vision, generous vacation time, paid holidays, parental leave, and flexible spending accounts (FSA) for health care, dependent daycare, and parking or mass transit expenses.
Requirements
SKILLS AND REQUIREMENTS
Deep operational and regulatory knowledge across SEC, FINRA, and exchange rules
Strong understanding of options trading and market structure
Experience across multiple compliance functional areas (surveillance, investigations, testing, reporting)
Expertise in surveillance systems, investigation methodologies, and testing protocols
Ability to translate complex regulatory requirements into practical operational procedures
Demonstrated analytical and problem-solving skills with the ability to synthesize complex information and provide actional recommendations
Minimum of 7 years of progressive compliance responsibility in financial services, with at least 5 years in an options/derivatives trading environment
Series 7/57 and Series 24 are required; Series 4 preferred
Bachelor's degree required; advanced degree (MBA, JD, or relevant Master's) strongly preferred
Working knowledge of coding languages such as SQL and Python preferred
