Chief Compliance Officer, Swap Dealer

About the role

FalconX is seeking an experienced Chief Compliance Officer (CCO) for our registered Swap Dealer. This role advises internal stakeholders on implementing and developing CFTC and NFA swap dealer requirements, oversees policies and procedures, manages employee training, risk assessments, issues management, governance, and management reporting, and reports to senior management.

Responsibilities

• Advise and implement enhancements to the overall Swap Dealer Compliance Program, including oversight of policies and procedures
• Respond to regulatory inquiries, audits, examinations and investigations, and liaise with the CFTC and NFA
• Manage and report on any incidents of non-compliance, maintaining a non-compliance issue log and monitor remediation of open items, reporting to the CCO on a regular basis
• Manage and resolve any conflicts of interest that may arise by determining reasonable steps that should be taken to resolve or mitigate the conflict of interest
• Provide reporting to management and Board of Directors
• Escalate reporting when relevant
• Develop and conduct periodic testing to monitor whether internal controls are operating effectively and in compliance with the swap dealer requirements
• Develop swap dealer compliance training to all relevant personnel including swap associated persons, compliance team and other relevant groups

Qualifications

• A minimum of 10+ years of legal or compliance experience/background, preferably with investment or commercial bank, law firm, consulting firm or regulatory organization
• Demonstrated experience with the implementation and execution of swap dealer compliance program at a registered swap dealer
• Demonstrated understanding of the requirements of the Dodd-Frank Act and associated regulations relating to swap dealers, including applicable CFTC, NFA and FRB rules and regulations
• Experience interacting with regulators, in particular, CFTC, NFA, and FRB
• Experience reporting to senior management
• Experience managing teams across geographical regions
• Familiarity with sales and trading of over-the-counter derivatives, with particular focus on foreign exchange and interest rate derivatives
• Outstanding written (drafting & editing) and spoken communication abilities
• Excellent teamwork, interpersonal and conflict resolution skills
• Highly organized and capable of dealing with multiple, complex projects simultaneously