Summary

The Head of Global Markets Regulatory Compliance (“GMRC”) Monitoring and Surveillance - Americas is responsible for managing the GMRC Monitoring and Surveillance team in the Americas region, and for development and enhancement of the Global Markets control and surveillance framework in the region.

Key Responsibilities

·         In collaboration with stakeholders throughout the organization, responsible for overseeing the ongoing development of the regulatory control framework within the Americas region to help ensure compliance with the relevant regulatory requirements, including rules and regulations issued by FINRA, the SEC, NFA, and CFTC.

·         Oversight of monitoring and surveillance reviews of sales and trading activity, and communications, for possible regulatory or internal policy violations. 

·         Maintain and develop procedures for surveillance and monitoring reviews.

·         Identify gaps in surveillance coverage and recommend improvements and enhancements to the overall control framework.

·         Advise Compliance and Business management on the effectiveness of the surveillance program

·         Evaluate processes for key compliance controls and develop strategies to ensure appropriate and effective testing of controls.  

·         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 Head of Global Markets Regulatory Compliance Monitoring and Surveillance reports directly to the Head of Global Markets Regulatory Compliance in the Americas and ultimately to the Regional Chief Compliance Officer for 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. 

Essential

-Bachelor's degree

Desirable

-Graduate degree

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

Essential

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

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

·        Strong understanding of Broker-Dealer (FINRA and SEC) rules and regulations.

·        Ability to identify gaps and provide practical solutions

·        Strong writing and presentation skills

Ability to interact with Senior Management, and provide them with information they require completely, promptly and accurately.

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)