Swap Dealer Compliance, Vice President

About the role

The Compliance Officer will advise internal stakeholders on implementation and development of SEC, CFTC, and NFA swaps requirements. Key responsibilities include leading the development of compliance program elements, assisting in remediating noncompliance matters, and engaging with various stakeholders including the business, Compliance, Legal, Operations, Enterprise Risk Management, Finance, and Audit.

Responsibilities

• Administer relevant policies and procedures for the Swap Dealer and Security-Based Swap Dealer Compliance Program
• Take reasonable steps to ensure compliance with SEC, CFTC, and NFA regulatory requirements
• Prepare the Annual Compliance Report
• Provide coverage of senior management meetings
• Act as a subject matter expert for all matters relating to the Swap Dealer
• Participate in the preparation and timely filing of various swap dealer reports
• Monitor and analyze proposed and final rules promulgated by U.S. financial regulators
• Assess the impact of new rules and regulations on existing policies
• Respond to regulatory inquiries, audits, examinations, and investigations
• Develop training for Associated Persons
• Serve as an escalation point and coordinate remediation of non-compliance issues
• Periodically assess the effectiveness of relevant SEC, CFTC, and NFA rules
• Develop monitoring and testing to review and challenge controls and implement obligations
• Work with Audit on ongoing reviews

Requirements

Knowledge of SEC Security-Based Swap Dealer, CFTC, and NFA swap dealer regulations is required. 5+ years of relevant experience in a Swap Dealer Compliance office position or similar role in Compliance/Legal or Risk departments covering above-referenced regulations. 5-10 years financial services experience with a broker-dealer, swap dealer, and/or related legal or regulatory experience (e.g. Former SEC, CFTC or NFA experience).

Qualifications

• JD or MBA, with preference to Business or Finance majors
• Experience writing and implementing policies and procedures, management information and reports
• Extensive knowledge of financial services products, markets, laws, rules and regulations relevant to OTC derivatives, Equity Derivatives, FX, swaps, Interest rate swaps, futures and options
• Experience with the monitoring and testing of compliance programs
• Proficiency in Excel, PowerPoint, and Microsoft Office