Director of Compliance (Broker/Dealer Investment Banking)

Brief Overview of Position

Reporting to Chief Compliance Officer (CCO) for TCBI Securities, Inc., the Director of Compliance  assists the CCO with the design, development, delivery and maintenance of the investment bank’s overall compliance program and acts as an independent compliance partner to the business divisions within the investment bank including sales and trading, M&A advisory, capital markets, municipal finance, swaps/derivatives/FX, equity research and operations. As a senior member of the Investment Bank’s compliance team, the Director of Compliance Officer will be actively engaged with multiple businesses lines to provide compliance advice, monitoring and oversight of the firm’s compliance program.

This position is an on-premises role at the firm’s Dallas, Texas headquarters.

Responsibilities

• Design, develop, execute and oversee an effective Compliance Program by enabling the identification, operationalization, and communication of applicable federal and state regulations
• Foster an understanding of associated risks across the entire organization and implementation of suitable risk mitigation strategies
• Oversee the design and effectiveness of the business (first-line) and independent risk management (second-line) controls to mitigate compliance risks
• Act as a trusted advisor, provide advice and guidance to senior management on the implications of compliance trends and issues affecting the firm and partner with senior management to implement the firm's compliance program.
• Provide guidance to the relevant business (first-line) and independent risk management (second-line) concerning suggested policies, procedures, practices and controls   
• Update/synchronize the firm’s written policies, procedures and documents including the written supervisory procedures, compliance manual, code of conduct and operational process documents, and participate in testing same.
• Prepare Firm Element Continuing Education content and deliver to Associated Persons and track staff compliance with Regulatory and Firm Element training requirements.
• Research applicable new rules or rule changes and implementing policies, procedures or other controls necessary to comply with the rules.
• Manage a team of subject matter experts from time to time
• Drive and influence compliance enhancements at all levels of the business consistent with the enterprise’s risk profile
• Act as a key liaison during regulatory exams, internal audits, and independent testing
• Assist in the execution of and act as key advisor for the firm’s Regulatory Compliance Risk Assessments
• Design and deliver management reporting on KRIs, KPIs, and any significant developments within the COI Program
• Prepare and deliver FINRA Firm Element Continuing Education training
• Maintain knowledge of applicable rule changes and latest industry guidelines and best practices
• Manage departmental expenses and annual budget
• Recruit, train, and retain talent within the department
• Demonstrate sound judgement and leadership in a fast-paced, dynamic, collaborative, and transformative environment
• Manage and execute multiple complex projects within the required timelines

Qualifications

• Bachelor’s degree (preferred in Finance, Accounting, Business, or Analytics, Computer Science); or equivalent combination of education, training, experience
• Possess a minimum ten (10) years of experience in the financial services industry, specifically, within a broker/dealer operating as an affiliate, subsidiary or division of a bank and/or RIA.
• Have Knowledge of financial products and services offered by investment bank, particularly FX, swaps and other OTC derivatives, and be a subject matter expert in applicable federal and state securities laws, rules regulations, and those of relevant SROs.
• Hold Series 3, 7, 9/10, 24, 53, 57 and/or JD a plus.
• Possess excellent oral and written communication, the ability to influence all levels of management and external partners, skills with the ability to dispassionately manage challenging and/or confrontational interaction with firm personnel, clients and regulators.
• Be Team-orientated, while able to complete tasks independently.
• Possess experience with equity sales and trading surveillance, market manipulation, trade reporting and responding to related regulatory inquiries.  
• Be Motivated, diligent, conscientious, highly organized, detail-oriented and able to drive tasks to completion.
• Hold a bachelor’s degree in finance, economics, accounting, business administration a plus.
• Be Self-motivated, well organized, and detail-oriented so as to handle complex and concurrent assignments
• High degree of integrity, strong work ethic, and an ability to work independently while leading a team of compliance professionals
• Possess Problem-solving skills, with a strong analytical and data-driven work style

The duties listed above are the essential functions, or fundamental duties within the job classification.  The essential functions of individual positions within the classification may differ. Texas Capital Bank may assign reasonably related additional duties to individual employees consistent with standard departmental policy.Texas Capital is an Equal Opportunity Employer.