Swap Dealer Compliance Officer - Director

Join a top foreign banking organization as they look to bring on a swap dealer compliance SME.

Client Details

Client is a top European Banking organization with a large pressence in the US.

Description

• Recommend and implement changes to the firm's Swap Dealer (SD) and Security-based Swap Dealer (SBSD) Compliance Programs, including relevant policies, procedures, and controls, on an ongoing basis.

• Provide robust, independent advice to the firm's Business Units/Service Units on DFA requirements.

• Collaborate with Compliance testing teams and other internal control functions to continually monitor, evaluate, establish, and implement effective DFA Title VII-related policies, procedures, and controls.

• Contribute to and review periodic reports that the firm or Compliance management must submit to the firm's DFA oversight forums or regulatory authorities.

• Work with Compliance colleagues to develop and coordinate ongoing training for employees on requirements impacting the firm as an SD and SBSD.

• Contribute to ongoing firm-wide regulatory change programs/workstreams as a senior Compliance stakeholder in relation to new regulations implementing OTC derivatives-related requirements or modifying existing requirements.

• Drive the review and implementation of new DFA-related regulation, presenting accordingly to the firm's US Regulatory Change Committee.

• Represent the firm in external, DFA-related working groups and committees.

• Review and/or draft responses to internal and external regulatory queries relating to DFA matters.

• Assist the firm's Americas Compliance senior management as required with DFA matters.

• Ensure adherence to all applicable internal policies.

• Read, understand, and comply with the firm's Conduct Standards and corresponding requirements.

Profile

SKILLS AND QUALIFICATIONS:

• Years of Experience: Seven to ten years of compliance or regulatory experience, preferably in a trading environment, risk management function, law firm, or with a US federal regulator or self-regulatory organization.

• Education: Bachelor's degree; Advanced degree in law or finance is a plus.

• Language(s): English; French (a significant asset).

Technical Skills
Required:

• Strong knowledge of laws, rules, and regulations pertaining to financial services firms, including CFTC, SEC, FRB, FINRA, and/or NFA regulations setting out obligations of Swap Dealers and Security-based Swap Dealers.

• Experience working within a Swap Dealer and/or Security-Based Swap Dealer Compliance program to meet the requirements of the Dodd-Frank Act.

• Ability to make, support, and defend complex regulatory/compliance decisions.

• Ability to project senior-level confidence and professionalism in all dealings with front office and control function personnel.

• Ability to develop and maintain positive and effective partnerships with colleagues and internal stakeholders.

Preferred:

• Strong knowledge of Compliance risk management programs.

• Familiarity with clearing and trade reporting systems, and related compliance programs.

• Strong research skills, analytical and problem-solving skills, and attention to detail.

• Excellent organizational skills.

• Self-motivated with the ability to effectively multi-task.

• Ability to identify, develop, and recommend 'best practices' based on regulatory guidance and internal business practices.

Job Offer

Ability to be one of two individuals in charge of the firm's Swap Dealer Compliance program and provide strategic direction and input for the team.

MPI does not discriminate on the basis of race, color, religion, sex, sexual orientation, gender identity or expression, national origin, age, disability, veteran status, marital status, or based on an individual's status in any group or class protected by applicable federal, state or local law. MPI encourages applications from minorities, women, the disabled, protected veterans and all other qualified applicants.