What are the responsibilities and job description for the Regulatory Response Analyst position at DriveWealth?
About Us
DriveWealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices. Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!
About The Role
We are seeking a diligent and analytical Regulatory Response Analyst to join our Regulatory Liaison Group. Reporting directly to the Head of the Regulatory Liaison Group, you will serve as a crucial line of defense and a primary facilitator during regulatory examinations and inquiries.
The ideal candidate will bring the subject matter expertise of a junior SEC Broker-Dealer or FINRA Market Regulation or Member Supervision Examiner. This role requires an understanding of Financial Operations (FinOp), Sales Practice, and Market Regulations to effectively manage, analyze, and respond to complex regulatory inquiries and formal examinations.
What You’ll Do
Role is required to be in the NYC 4 days a week
Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
Please note: this role is expected to come into our office on a cadence set by the Hiring Manager/Team.
New York, NY (Hybrid) Pay Range
$120,000—$140,000 USD
Working at DriveWealth
We do our best work when we’re in the same room. To maintain the speed our partners expect, our New York and Chicago teams work in-office 4 days a week. We’ve found that being physically side-by-side is the only way to solve complex problems in real-time and stay truly accountable to the products we ship. When you’re here, you’re working directly with the people making the decisions. To support that work, we provide competitive compensation, equity, and a 401(k) match. We also offer full insurance coverage, a wellness reimbursement, a company-provided phone, and a personal development allowance. Finally, we value the time you spend away from the office with generous PTO, observed holidays, and extended leave.
Work Authorization
Applicants must possess the legal right to work in the country where the position is located at the time of application. DriveWealth requires all employees to provide original documentation verifying their work authorization on or before their first day of employment.
For US-based roles: Applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future visa sponsorship. DriveWealth does not provide visa sponsorship or support for employment authorization, including transfers, at this time. Offers of employment are strictly contingent upon an individual’s ability to secure and maintain the legal right to work at the Company.
How We Think About AI
We leverage AI to work smarter and move faster. We seek AI curious talent who are proactive about using emerging tools to increase signal quality, reduce friction and improve outcomes to deliver product faster, provide better service to our partners, and to streamline processes. Your ability to leverage our internal tools and technology to drive results is as important to us as your core domain expertise.
Compensation
Pay is generally based upon the level, complexity, responsibility, location and job duties / requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience. If you are selected for an interview, please feel welcome to speak to a recruiter about our compensation philosophy and other available benefits. This role is eligible for base, bonus, equity, 401(k) match, and heavily subsidized benefits and perks.
Equal Employment Opportunity
To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at recruiting@drivewealth.com.
Agency Disclaimer
DriveWealth does not accept agency resumes. Do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.
DriveWealth is on a mission to make investing easier. We believe that everyone should have the ability to control their financial future, and that access to financial markets should not be limited by geography, wealth, or legacy systems. We are a global B2B financial technology organization dedicated to democratizing access to financial independence around the world. Our mission is realized through an API-based platform, empowering our partners to offer seamless investing and trading experiences to clients worldwide, all from their mobile devices. Our technology provides partners with a modern, extensible toolkit, enabling traditional investment workflows and innovative techniques like fractional share ownership. DriveWealth has evolved into a global platform offering trading of US equities, mutual funds, ETFs, fixed income, and options.
There’s never been a better time to build a category-defining business and there has rarely been a team better positioned for this opportunity. Our culture blends the pace and agility of a fintech start-up with the impact, stability, and discipline of Wall Street. We encourage creativity and experimentation while ensuring institutional-grade execution and regulatory compliance in everything we do. Join us and help build the future of global investing!
About The Role
We are seeking a diligent and analytical Regulatory Response Analyst to join our Regulatory Liaison Group. Reporting directly to the Head of the Regulatory Liaison Group, you will serve as a crucial line of defense and a primary facilitator during regulatory examinations and inquiries.
The ideal candidate will bring the subject matter expertise of a junior SEC Broker-Dealer or FINRA Market Regulation or Member Supervision Examiner. This role requires an understanding of Financial Operations (FinOp), Sales Practice, and Market Regulations to effectively manage, analyze, and respond to complex regulatory inquiries and formal examinations.
What You’ll Do
- Assist the team for SEC, FINRA, and state regulatory inquiries, examinations, and sweep letters, including the gathering, review, and synthesis of requested documentation before submission.
- Produce clear, concise, and fact-based narrative responses to regulatory requests, ensuring accurate representation of the firm's policies, procedures, and data.
- Partner with finance and accounting teams to review and validate materials related to Net Capital (SEA Rule 15c3-1), Customer Protection (SEA Rule 15c3-3), margin requirements, and FOCUS reporting.
- Analyze firm data to address inquiries related to Anti-Money Laundering (AML/BSA).
- Prepare the firm’s response to FINRA and SEC inquiries by conducting data-driven internal investigations into complex order lifecycles, utilizing tools like Nasdaq SMARTS and Databricks to detect, analyze, or refute allegations of market abuse (e.g., spoofing, layering).
- Proactively identify potential compliance vulnerabilities or control gaps during the document gathering process and recommend actionable remediation steps to management.
- Work closely with the Trading, Operations, and Legal teams to interview subject matter experts within the firm to translate complex business practices into understandable regulatory responses.
- 2–3 years of direct experience in broker-dealer compliance, audit, or regulatory examination. Experience as an SEC Broker-Dealer Examiner or FINRA Member Supervision or Market Regulation Examiner (or directly supporting them internally) is highly preferred.
- Demonstrated working knowledge of both FinOp (net capital, books and records), Sales Practice (supervision, AML), and Market Regulations.
- Strong ability to analyze large data sets, trade blotters, and financial ledgers to identify anomalies or confirm regulatory adherence.
- Exceptional business writing and verbal communication skills. You must be able to distill complex financial and operational concepts into clear and accurate regulatory responses.
- Proven ability to manage multiple strict, non-negotiable regulatory deadlines simultaneously without sacrificing accuracy.
- Bachelor’s degree in Finance, Accounting, Economics, or a related field
- FINRA Series 7, 24, 27, or 99 licenses preferred
- Familiarity with regulatory portals (e.g., FINRA Gateway) and data management systems.
Role is required to be in the NYC 4 days a week
Compensation
Compensation package offerings are based on candidate experience and technical qualifications, as it relates to the role. These are identified and determined throughout your interviewing experience.
Please note: this role is expected to come into our office on a cadence set by the Hiring Manager/Team.
New York, NY (Hybrid) Pay Range
$120,000—$140,000 USD
Working at DriveWealth
We do our best work when we’re in the same room. To maintain the speed our partners expect, our New York and Chicago teams work in-office 4 days a week. We’ve found that being physically side-by-side is the only way to solve complex problems in real-time and stay truly accountable to the products we ship. When you’re here, you’re working directly with the people making the decisions. To support that work, we provide competitive compensation, equity, and a 401(k) match. We also offer full insurance coverage, a wellness reimbursement, a company-provided phone, and a personal development allowance. Finally, we value the time you spend away from the office with generous PTO, observed holidays, and extended leave.
Work Authorization
Applicants must possess the legal right to work in the country where the position is located at the time of application. DriveWealth requires all employees to provide original documentation verifying their work authorization on or before their first day of employment.
For US-based roles: Applicants must be currently authorized to work in the United States on a full-time basis without the need for current or future visa sponsorship. DriveWealth does not provide visa sponsorship or support for employment authorization, including transfers, at this time. Offers of employment are strictly contingent upon an individual’s ability to secure and maintain the legal right to work at the Company.
How We Think About AI
We leverage AI to work smarter and move faster. We seek AI curious talent who are proactive about using emerging tools to increase signal quality, reduce friction and improve outcomes to deliver product faster, provide better service to our partners, and to streamline processes. Your ability to leverage our internal tools and technology to drive results is as important to us as your core domain expertise.
Compensation
Pay is generally based upon the level, complexity, responsibility, location and job duties / requirements of the specific position. We then source candidates with the requisite skills, expertise, education, training, and experience. If you are selected for an interview, please feel welcome to speak to a recruiter about our compensation philosophy and other available benefits. This role is eligible for base, bonus, equity, 401(k) match, and heavily subsidized benefits and perks.
Equal Employment Opportunity
To build technology and products that are used and loved by people and solve real-world problems, we need to build a team with many different perspectives and experiences. We are an equal opportunity employer. We do not discriminate on the basis of race, religion, color, national origin, gender, sexual orientation, age, marital status, veteran status, or disability status. We encourage candidates from all backgrounds to apply. Applicants in need of special assistance or accommodation during the interview process or in accessing our website may contact us at recruiting@drivewealth.com.
Agency Disclaimer
DriveWealth does not accept agency resumes. Do not forward resumes to our jobs alias, employees, or any other organization location. DriveWealth is not responsible for any fees related to unsolicited resumes.
Salary : $120,000 - $140,000