Summary
The Compliance Officer is responsible for managing Topstep's core compliance program, ensuring adherence to applicable laws, regulations, and internal policies governing its proprietary trading evaluation platform and broader fintech operations. Reporting to the Chief Compliance Officer and sitting within Compliance, this role provides leadership on firm and regulatory compliance, risk mitigation, and internal controls, with a particular focus on anti-money laundering (“AML”), know-your-customer (“KYC”), NFA and CFTC compliance, fraud prevention, payment processing compliance, and compliance with FTC regulations and consumer protection standards. This position will also collaborate closely with the compliance officer of Topstep's regulated affiliate to implement continuity and compliance across all verticals.
This is an excellent opportunity for a candidate with strong regulatory acumen and hands-on experience designing, drafting, and owning compliance programs, policies, and procedures within a fintech or trading environment, with responsibility for overseeing implementation and ongoing adherence across a large, multi-faceted organization. Candidates with CAMS training or certification, or hands-on AML program ownership aligned to CAMS principles, are especially encouraged to apply.
Key Responsibilities
- Oversee the development, implementation, and monitoring of Topstep’s compliance program across its trading evaluation platform and related business activities.
- Act as the primary compliance resource for AML/KYC, ensuring alignment with applicable U.S. and international standards for customer due diligence and transaction monitoring.
- Own the development, documentation, maintenance, and version control of compliance policies, procedures, risk assessments, and internal controls, ensuring audit-ready documentation across all compliance domains.
- Maintain and enhance AML/KYC policies and procedures, including risk-based onboarding, screening, and ongoing monitoring of customers.
- Monitor and ensure compliance with NFA and CFTC rules and regulations, including staying up to date with changes and advising on their operational impacts.
- Support the finance and fraud department related to payment processing activities, chargeback handling, and fraud prevention systems, ensuring alignment with applicable rules and industry best practices.
- Conduct internal audits, compliance reviews, and risk assessments to evaluate the firm’s adherence to internal controls and external requirements.
- Monitor regulatory developments relevant to fintech, trading platforms, payments, chargebacks, FTC regulations, consumer protection laws, and derivatives markets and advise senior management on their impacts.
- Partner with Fraud, Risk, Legal, and Operations to ensure compliance with NFA, CFTC, and FTC rules regarding advertising, marketing claims, disclosure, privacy policies, and customer communications.
- Investigate potential compliance issues and escalate suspicious activity internally and to third-party partners (e.g., payment processors, financial partners) as necessary and coordinate response strategies with relevant teams.
- Support responses to regulatory inquiries, audits, and examinations by NFA, CFTC, or other regulators.
- Develop and deliver compliance training programs to employees covering AML/KYC, NFA and CFTC compliance, FTC regulations, payment processing compliance, fraud awareness, chargeback management, data privacy, ethics, and other relevant topics.
- Maintain accurate compliance documentation and reporting in accordance with regulatory and internal recordkeeping requirements.
- Collaborate cross-functionally to assess new products, features, and initiatives for compliance risks and regulatory implications.
Required Qualifications and Key Competencies
- Bachelor's degree in business, finance, accounting, or a related field.
- 5-9+ years of compliance experience in a fintech, trading platform, online financial services company, or similar regulated environment.
- Strong knowledge of AML/KYC requirements, BSA/USA PATRIOT Act, OFAC, and FTC regulations (especially advertising, privacy, and consumer protection laws).
- Strong knowledge of NFA and CFTC regulatory frameworks, including futures, options, and derivatives compliance obligations.
- Highly organized, detail-oriented, and process-driven, with demonstrated experience managing complex compliance programs, documentation workflows, regulatory calendars, and audit deliverables.
- Familiarity with trading, trading evaluation platforms, or online financial services operations.
- Experience implementing and maintaining compliance programs, policies, and internal controls.
- Excellent analytical and investigative skills.
- Outstanding written and verbal communication skills with the ability to convey complex compliance matters clearly.
- Ability to manage multiple priorities and deadlines in a fast-paced environment.
- Proficiency in compliance monitoring tools, CRM systems, and Microsoft 365 suite.
Preferred Qualifications
- Experience drafting compliance policies and working with stakeholders to implement, monitor, and document compliance.
- Experience with payment processing compliance and chargeback management, including oversight of payment processors, disputes, and fraud prevention controls.
- CAMS certification or equivalent AML-focused training is a strong plus.
Reasoning Ability
Ability to apply common sense understanding to carry out written or oral instructions. Ability to deal with problems involving concrete variables in standardized situations. Ability to solve practical problems via a logical, analytic approach.
Computer Skills
To perform this job successfully, an individual must have knowledge of electronic equipment, intermediate PC skills, knowledge of internet software and proficiency. Familiarity with Google Drive and Google Docs is a must. Computer experience/operation is required. Must have the ability to operate general office equipment.
Other Skills and Abilities
Ability to multitask. Ability to work in a fast-paced environment. Strong time management and organizational skills. Ability to work under dynamic schedule constraints and consistently meet deliverable timelines.
Company Culture & Perks
- Topstep is an engaging working environment which ranges from fully remote to hybrid. We foster a culture of collaboration with cameras-on during meetings and a robust Slack environment for communication.
- Seven Company-paid Holidays and generous Family Leave. Paid time off is front-loaded.
- Competitive 401(k) matching, health, dental, and vision insurance is offered for full time employees.
- Vacations are encouraged with a bonus for taking 5 consecutive days. Employee referrals are bonused. Topstep offers a food and groceries budget and contributes towards health and wellness.
New Hire Base Salary Range
- $115,000 - $165,000.
- Bonus: This position is eligible for a performance-based bonus as provided by the plan terms and governing documents.
- The compensation offered will take into account internal compensation structure and may vary depending on the candidate's geographic region, job-related knowledge, skills, and experience among other factors.
Equal Opportunity Employer
Topstep is an Equal Opportunity Employer. We are committed to fostering an inclusive environment where all employees and applicants are valued. All qualified candidates will receive consideration for employment without regard to race, color, religion, gender, gender identity or expression, sexual orientation, national origin, age, disability, or veteran status, in compliance with applicable federal, state, and local laws.
Interested in the role? Apply today with your resume and cover letter!
