President – Head of Distribution Services

This is a fully remote position, open to applicants in United States.

📋 Description

• Lead Tidal ETF Distributors LLC, which serves as the statutory underwriter and distributor primarily for ETFs.

• Take ownership of the regulatory launch and oversee the approval of TED's FINRA New Membership Application.

• Establish governance, controls, reporting, documentation, insurance coverage, and decision-making frameworks for the broker-dealer.

• Serve as, or directly supervise, a FINRA registered principal and ensure regulatory readiness.

• Manage the phased transition of statutory distribution from the current provider, addressing contractual notifications, fund board approvals, client communications, authorized participant relationships, and implementation sequencing.

• Collaborate with fund boards, external counsel, Client Success, Fund Operations, and internal teams throughout the transition process.

• Develop and sustain Authorized Participant agreements and associated infrastructure.

• Lead the transition and ongoing management of FINRA Rule 2210 marketing compliance review.

• Build the review team, compliance technology platform, quality standards, and turnaround expectations.

• Analyze submission volume, utilization, quality, and service data to predict staffing and workflow requirements.

• Set pricing and manage TED's P&L, which includes revenue, cost management, net capital compliance, forecasting, and reporting to the CFO and executive leadership.

• Assess future opportunities for providing distribution and marketing compliance services to external ETF issuers.

• Create and implement TED's staffing strategy, encompassing hiring and developing registered leadership.

• Oversee the Chief Compliance Officer, Financial and Operations Principal, outsourced partners, and other key relationships.

• Work collaboratively across legal, compliance, finance, fund operations, technology, relationship management, and executive leadership.

⛳️ Requirements

• A minimum of 15 years of experience in broker-dealer operations, fund distribution, asset management, or a closely related field, including direct experience with FINRA-registered entities.

• Direct experience in the statutory underwriter or distributor role for registered investment companies, including ETFs or mutual funds, or experience leading a comparable distribution or compliance service provider.

• Required experience managing FINRA membership applications or examinations.

• Possess the necessary licenses: SIE + Series 7 + Series 24 + Series 63; or SIE + Series 6 + Series 26 + Series 63.

• Proven success in building, launching, or scaling a regulated financial-services entity or function, with supervisory and principal registrations held or easily obtainable.

• Demonstrated experience leading complex, multi-stakeholder transitions that involve contractual notice periods, fund board or governance approvals, and client communications.

• Experience managing a business vertical's P&L and making decisions regarding pricing, investments, staffing, and vendors linked to business performance.

• Strong understanding of broker-dealer controls, net capital requirements, compliance governance, and documentation obligations.

• Ability to clearly articulate regulatory, financial, and operational complexities to fund boards, executives, clients, and cross-functional teams.

• Prior experience with a white-label ETF platform, ETF servicing provider, fund administrator, or similar organization is preferred.

• Preferred experience managing compliance functions, including relationships with Chief Compliance Officer or Financial and Operations Principal, and compliance technology vendors.

• Experience transitioning previously outsourced regulated services or operational functions in-house is preferred.

• Additional supervisory and principal securities licensing history, such as Series 27 or 28, or equivalent registrations is preferred.

🏝️ Benefits

• Competitive salary and performance-based bonuses.

• Comprehensive health, dental, and vision insurance.

• Retirement savings plan with company matching.

• Generous paid time off and holiday schedule.

• Professional development and continuing education opportunities.