Summary

The Swap Dealer Advisory Compliance Officer is responsible for providing advice on Swap Dealer regulations (including the global impact of relevant U.S. regulations) and internal policies and procedures to internal stakeholders, including trading and sales personnel and key support functions. 

Key Responsibilities

·         In collaboration with stakeholders throughout the organization, responsible for assisting the GMRC Advisory team in the ongoing development of processes, policies, and procedures to help ensure compliance with the relevant regulatory requirements, including rules and regulations issued by the NFA, and CFTC.

·         Evaluate new products and activities to ensure compliance issues are identified and addressed and an appropriate compliance program is implemented, as needed.

·         Key point of contact within compliance for any remediation or implementation projects.

·         Assist in the development and delivery of training and education to make employees aware of their compliance and regulatory responsibilities. 

·         Coordinate with Compliance Testing and Surveillance teams to provide reasonable assurance that the firm is in compliance with applicable regulatory requirements and internal policies. 

·         Recommend and implement enhancements to the Global Markets Regulatory Compliance program.

·         Assist in responding to regulatory inquiries, audits, examinations and investigations.

Management and Reporting

The Swap Dealer Advisory Compliance Officer reports directly to the Head of Global Markets Regulatory Compliance Advisory and ultimately to the Head of Global Markets Regulatory Compliance in the Americas. 

Key Internal contacts

o    All GMD business units;

o    Legal department;

o    Audit department;

o    Risk departments; and

o    Operations departments.

Key External contacts

The Firm’s regulators, including but not limited to FINRA, SEC, NFA, and CFTC. 

Salary range: $120,000 - $160,000

Essential

-Bachelor's degree

Desirable

-Graduate degree

5+ years prior compliance advisory experience, including interaction with US regulators.

Essential

·Strong Understanding of the Dodd Frank Act and associated CFTC and NFA rules and regulations.

·Ability to analyze regulations and determine the impact on the Bank

·Ability to identify, research, and define compliance requirements.

·Strong writing and presentation skills

· Working knowledge of all Capital Markets products, including Foreign Exchange, Interest Rate Derivatives, and Fixed Income Securities.

Desirable

-Series 7 Series 3 and Series 24 (or ability to obtain within the first year of employment).

-NFA SPR (or ability to complete upon employment)