Compliance Analyst

WHO WE ARE

Apex Fintech Solutions (AFS) powers innovation and the future of digital wealth management by processing millions of transactions daily, to simplify, automate, and facilitate access to financial markets for all. Our robust suite of fintech solutions enables us to support clients such as Stash, Betterment, SoFi, and Webull, and more than 20 million of our clients' customers.

Collectively, AFS creates an environment in which companies with the biggest ideas in fintech are empowered to change the world. As a global organization, we have offices in Austin, Dallas, Chicago, New York, Portland, Belfast, and Manila.

If you are seeking a fast-paced and entrepreneurial environment where you'll have the opportunity to make an immediate impact, and you have the guts to change everything, this is the place for you.

AFS has received a number of prestigious industry awards, including:

• 2021, 2020, 2019, and 2018 Best Wealth Management Company - presented by Fintech Breakthrough Awards
• 2021 Most Innovative Companies - presented by Fast Company
• 2021 Best API & Best Trading Technology - presented by Global Fintech Awards

ABOUT THIS ROLE

Apex is seeking a diligent, detail-oriented, and highly organized Compliance Analyst to join our Compliance Department. This multifaceted role combines responsibilities for managing liens and levies, escheatment processes, and regulatory compliance. The Compliance Analyst will ensure Apex adheres to state and federal regulations while collaborating with introducing brokers, regulators, vendors, and internal teams to process affected accounts, manage escheatment reporting, and fulfill our legal obligations.  This position is critical to safeguarding regulatory integrity, optimizing workflows, and delivering impactful solutions for Apex's clients.

Duties/Responsibilities

• Review, identify, and manage accounts subject to liens, levies, or escheatment based on regulatory requirements and state-specific laws.
• Maintain master tracking systems for liens, levies, and escheatment deadlines, ensuring timeliness and accuracy.
• Ensure proper account restrictions are placed, request account liquidations when necessary, and facilitate payment remittances or fund processing for regulatory compliance.
• Serve as the key point of contact for regulators to fulfill obligations related to liens, levies, and escheatment laws.
• Research, interpret, and implement financial regulations applicable to liens, levies, and unclaimed property requirements.
• Collaborate with introducing brokers, vendors, and internal legal counsel to ensure compliance, gather required documentation, and resolve case-specific concerns.
• Partner with Apex's escheatment vendor, Sovos, to ensure proper reporting, processing, and execution of escheatment tasks.
• Develop workflows with internal teams (Compliance, Legal, Operations, Finance) to streamline both escheatment and lien/levy processes for efficiency and accountability.
• Proactively connect with introducing brokers regarding dormant/inactive accounts, and other stakeholders to prevent escheatment or resolve liens/levies where possible.
• Manage communication outreach for accounts subject to escheatment, handle returned mail records, and coordinate efforts to locate account holders.
• Prepare and submit required escheatment reports to state authorities and ensure lien/levy documentation is accurate and comprehensive.
• Maintain detailed records of all regulatory activities, including account restrictions, payments, remittances, reports, and communications.
• Provide periodic summaries and reports for internal teams, external audits, and introducing brokers as needed.

Education and/or Experience

• Bachelor's degree in Finance, Accounting, Business Administration, Law, or a related field (or equivalent work experience) required
• 2+ years of experience in compliance, regulatory reporting, or operations within the financial services industry.
• Experience in securities, brokerage, or compliance/regulatory operations preferred
• Experience collaborating with U.S.-based teams and the flexibility to occasionally accommodate early morning or late evening meetings to align with time zone differences.

Required Skills/Abilities

• Detail-oriented with exceptional organizational skills to manage competing priorities and deadlines.
• Proficiency in Microsoft Office Suite, particularly Excel, along with the ability to learn Apex's internal systems.
• Excellent written and verbal communication skills for interactions with regulators, brokers, vendors, and internal teams.
• Strong analytical and problem-solving capabilities.
• High integrity and commitment to upholding regulatory and ethical standards.
• Ability to maintain confidentiality and handle sensitive information with discretion.
• Strong collaboration and interpersonal skills to work effectively with diverse internal and external stakeholders.
• Strategic problem-solving and a focus on delivering efficient solutions in a fast-paced environment.
• Understanding of escheatment laws, unclaimed property regulations, and financial practices related to liens and levies preferred

Work Environment

• This job operates in a hybrid, office environment 2 days per week at BGC, Office.
• Monday - Friday Manila Dayshift hours with occasional US Hours overlap.