BrokerDealer CEO/President

CXG Holdings Inc

Selden, NY

$160,000 Yearly
Full-Time

Job Description

Compliance Exchange Group (www.cxgllc.com) is seeking an experienced Chief Executive Officer (CEO) for its start-up broker-dealer. The CEO will report directly to the firm’s Director of Growth and Operations.

CXG is a top-tier Principal outsourcing, and full-service compliance firm, servicing FINRA regulated broker-dealers across the U.S. We are one of the few firms that provide fully outsourced principal solutions, in addition to regulatory consulting, CCO & FINOP outsourcing, and CMA - 1017 services. A true engine for growth, CXG serves broker-dealers, removing barriers to growth, putting our clients in the lead.

We require a well-organized, self-motivated individual that is interested in a long-term opportunity to grow with a successful consulting and investment firm. The CEO is expected to add value, work efficiently, and constantly strive to improve team performance throughout their function.

This is a fully remote contract-to-hire position. The CEO will be required to attend daily video and/or phone calls with various staff to communicate with the office and clients.

Responsibilities

Supervise broker-dealers that service institutional, high-net worth, and/or retail clients that trade in private placements opportunities, equities, corporate/municipal bonds, ETFs/mutual funds, options, and margin accounts to ensure the broker-dealer adheres to all Securities and Exchange Commission (SEC), as well as Financial Industry Regulatory Authority (FINRA) rules and regulations.
Manage all broker-dealer employees to include Chief Compliance Officers, Financial Operations Principals, registered representatives and other back-office personnel and functions.
Manage associated broker-dealer offices of supervisory jurisdiction and/or other branches.
Lead start-up companies; establishing the business model, strategic direction, financial model, technology infrastructure and operational processes.
Work with development teams to prepare Business Plan including development of market entry strategy and corporate infrastructures and operating plans.
Interact with State and Federal regulators on behalf of clients.
Provide daily operational and financial direction with direct supervision of accounting, business office, human resources, and individual specialty locations.
Lead all activities of the broker-dealer including financial, operational, strategic planning, and quality and client satisfaction.
Coordinate changes to bring facilities into regulatory compliance and promote transparency.
Direct new business relationships and emerging market opportunities through strategic partnerships, mergers, acquisitions, and licensing arrangements.
Direct operational aspects, including strategic partnering, product development, and expansion planning.
Develop and execute business plans alongside professional partners to launch business providing highly customized solutions to clients.
Direct the client's financial management through budgeting review and implementation of firm-wide quality assurance and program evaluation plans.

Additional

Communication, leadership, and management skills
Customer service skills
Problem-solving and time management skills

Requirements

MBA Required
10+ years' experience in financial services industry
5+ years' experience in supervisory position(s)
Current FINRA Series 24 & 7 required
FINRA Series 4, 53 and 79 preferred
At least 12 months of BD CEO experience

Benefits and Hours
We love what we do and we’re on a path for growth. Compliance Exchange Group is comprised of professionals that exhibit a passion for building and maintaining broker-dealers. We offer a fully remote work environment with a company culture that promotes personal and professional development as well as a healthy work-life balance. We provide an array of benefits including competitive compensation, flexible work schedules, PTO, 401K with employer matching, performance-based bonuses, opportunities for growth and more!