Compliance Manager
Percent
Company Description
Percent is unlocking private credit by enabling unprecedented access, liquidity and data for all market participants. Through its digital primary issuance and secondary markets platform, Percent empowers all deal counterparties with a unified environment to source, structure, distribute, service and trade private credit assets. Founded in 2018, Percent has set the market standard for a historically fragmented asset class, powering billions in primary and secondary transaction volume in a multi-trillion-dollar private credit industry.
The Role
We are seeking a Compliance Manager to join our Compliance Team and help administer and enhance our company’s Broker Dealer compliance program. In this role, you will work closely with the Chief Compliance Officer and play an integral part in the day-to-day execution and ongoing evolution of the Broker Dealer compliance framework. Your responsibilities will span a wide range of regulatory matters, with particular focus on private placements conducted pursuant to Regulation D and Regulation S. You will assist in drafting, maintaining, and testing written supervisory procedures and compliance policies, supporting regulatory filings and reporting obligations, and ensuring accurate record retention and employee training across the organization. The Compliance Manager will review marketing materials, internal and external communications, and new product initiatives to ensure consistency with SEC and FINRA requirements. You will monitor employee adherence to internal policies, partner with the Chief Compliance Officer on key compliance initiatives, and support the firm’s continuing membership application efforts, including expansion of Broker Dealer services such as Alternative Trading Systems (ATS).
The ideal candidate brings at least five years of relevant experience, preferably within a broker dealer environment, and demonstrates a strong working knowledge of FINRA rules and regulations. Experience with alternative investments, private placements, and/or Reg. D offerings is essential, with prior exposure to FinTech platforms, ATS operations, and/or SOC compliance viewed favorably. This role requires a high level of integrity, strong judgment, and the ability to thrive in a fast-paced, evolving business environment. Successful candidates will possess excellent written and verbal communication skills, a keen attention to detail, and the ability to work both independently and collaboratively across teams. This is a unique opportunity to join a high-growth FinTech firm at an inflection point and play a meaningful role in building and scaling a best-in-class compliance program that supports innovation while meeting the highest regulatory standards.
Responsibilities:
- Assist in all aspects of the Broker Dealer compliance framework, including drafting written policies and procedures, testing, reporting, record retention, and employee training
- Assist in preparation of regulatory filings including Regulation D Offerings
- Review of new product marketing materials consistent with SEC and FINRA guidelines
- Review Firm communications both internal and external
- Monitor and maintain employee compliance with internal policies and procedures
- Partner with the Chief Compliance Officer in setting key compliance initiatives, executing on all aspects of the compliance program
- Assist in the continuing membership application (CMA) process for expansion of BD’s services including ATS
- Monitor industry trends in the area of regulatory compliance, including regulatory developments in federal and state law, and in non-U.S. jurisdictions
- Assist the Chief Compliance Officer with routine examinations and any communications with regulators
Qualifications:
- At least 5 years of experience, preferably with broker dealer experience
- Knowledge of FINRA Rules and Regulations
- Series 7 and 24 license or willingness to obtain them shortly after joining
- Experience with alternative investments and understanding of private placements pursuant to Reg. D
- Prior FinTech experience is desirable
- Prior experience with Alternative Trading Systems (ATS)
- Prior experience with Service Organization Controls (SOC) Compliance
- High level of integrity
- Thorough understanding of applicable laws and regulations and a willingness to learn new topics and work in an evolving business environment
- Excellent written and verbal communication skills and an attention to detail
- Ability to work both independently and collaborate with others
Benefits:
- Competitive base salary, bonus incentive structure and equity compensation
- Hybrid work environment in NYC
- Commuter stipend
- Paid vacation days
- 100% paid medical coverage for employee/family
- Dental & vision insurance
- 401(k)
The pay range for this role is an annual base salary of $125,000 - $150,000 dependent on multiple factors, which may include the successful candidate's skills, experience and other qualifications.
Percent is committed to a diverse and inclusive workplace. Percent is an equal opportunity employer and does not discriminate based on any of the following: race, religious creed, color, age, sex, sexual orientation, gender identity, gender expression or gender characteristic, national origin, religion, marital status, medical condition, physical or mental disability, military service or veteran status, pregnancy, childbirth and related medical conditions, or any other classification protected by federal, state, and local laws and ordinances.