Fixed Income Compliance Officer
About The Position
The Fixed Income Compliance Officer serves as key function/business/product compliance advisor within the Fixed Income Compliance Advisory Group with primary coverage of Credit products and US Rates. Responsibilities: This position is based in New York City in the Fixed Income Compliance Advisory Group and will be primarily responsible for the following: Offer regulatory and compliance guidance to business partners on intricate sales and trading matters, particularly those related to Rate product inclusive of cash products, swaps and futures as well as credit products such as Investment Grade and High Yield, . Strong understanding of primary dealer requirements, covering of treasury auctions and various certifications and disclosures as well as the GSE obligations inclusive of annual certifications. Serve as a subject matter expert on products, regulatory reporting, and broker-dealer operations by maintaining proficient knowledge of applicable functions, securities laws, and regulatory rules. Working with business partners and functional partners (i.e., Surveillance, IT, Operations etc.) to develop and enhance systems, tools, reports, and processes to monitor business activities, identify regulatory risk. Recognizes and addresses regulatory risks by evaluating current procedures, conducting gap analyses, and ensuring compliance with up-to-date regulatory requirements. Conduct regular independent testing on high risk areas as well as matters of regulatory focus. Monitoring the business’ activities with timely escalating issues that put the firm at risk. Design and present training material regarding new rules, rule changes, regulatory initiatives, and firm policies. Developing and revising policies and procedures to stay aligned with evolving regulations, rule amendments and firm policies. Actively participate on internal governance committees and industry committees and working groups. Responding to examination requests, regulatory inquiries, and audit requests in addition to developing remediation plans for any identified exceptions. Lead and participate on special projects. Willingness to operate and work in a team-oriented environment, collaborating on initiatives across fixed income. Ability to provide cross coverage across all fixed income products.
Requirements
- Bachelor’s degree
- 7-10 years of compliance experience in a trading advisory capacity
- Extensive knowledge of the fixed income products and markets.
- Experience engaging with regulatory authorities
- In depth understanding of cross-border issues
- Working knowledge of Bloomberg
- Extensive knowledge of FINRA, SEC, and other regulatory rules and regulations
- Fluent in Excel, Word, and PowerPoint
Responsibilities
- Offer regulatory and compliance guidance to business partners on intricate sales and trading matters, particularly those related to Rate product inclusive of cash products, swaps and futures as well as credit products such as Investment Grade and High Yield
- Strong understanding of primary dealer requirements, covering of treasury auctions and various certifications and disclosures as well as the GSE obligations inclusive of annual certifications.
- Serve as a subject matter expert on products, regulatory reporting, and broker-dealer operations by maintaining proficient knowledge of applicable functions, securities laws, and regulatory rules.
- Working with business partners and functional partners (i.e., Surveillance, IT, Operations etc.) to develop and enhance systems, tools, reports, and processes to monitor business activities, identify regulatory risk.
- Recognizes and addresses regulatory risks by evaluating current procedures, conducting gap analyses, and ensuring compliance with up-to-date regulatory requirements.
- Conduct regular independent testing on high risk areas as well as matters of regulatory focus.
- Monitoring the business’ activities with timely escalating issues that put the firm at risk.
- Design and present training material regarding new rules, rule changes, regulatory initiatives, and firm policies.
- Developing and revising policies and procedures to stay aligned with evolving regulations, rule amendments and firm policies.
- Actively participate on internal governance committees and industry committees and working groups.
- Responding to examination requests, regulatory inquiries, and audit requests in addition to developing remediation plans for any identified exceptions.
- Lead and participate on special projects.
- Willingness to operate and work in a team-oriented environment, collaborating on initiatives across fixed income.
- Ability to provide cross coverage across all fixed income products.
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What This Job Offers
Job Type
Full-time
Career Level
Mid Level
