Security Based Swap Dealer Senior Compliance Officer

StoneX•New York, NY

24d•$150 - $190•Hybrid

About The Position

Overview Connecting clients to markets – and talent to opportunity With 4,300 employees and over 400,000 retail and institutional clients from more than 80 offices spread across five continents, we’re a Fortune-100, Nasdaq-listed provider, connecting clients to the global markets – focusing on innovation, human connection, and providing world-class products and services to all types of investors. StoneX provides institutional-grade global market access, end-to-end clearing and execution, high-touch service and deep expertise through one trusted partner. Clients use our global financial services network and our digital platforms to pursue trading opportunities, make investments, manage market risk and improve performance. Our relentless focus on helping them accomplish these objectives has enabled us to establish leadership positions in a number of complex fields across the global markets ecosystem. Consisting of all of the platforms, products and services available through StoneX Group Inc. and its regulated subsidiary companies, the StoneX network connects clients to the global commodities, securities, foreign exchange and global payments markets. StoneX clients include the producers, processors and end users of virtually every major traded commodity; traders and investors in nearly all securities and foreign currencies, whether institutional or retail; and governmental, non-governmental and charitable organisations worldwide. Innovative and well-capitalised, StoneX companies put our clients’ interests first by building deeply valued, long-term relationships that emphasise guidance, integrity, transparency and trust. A Fortune 100 company with a nearly 100-year track record, StoneX Group Inc. serves more than 50,000 commercial, institutional and payments clients, and more than 370,000 retail accounts, from nearly 80 offices across six continents. Our customers are at the heart of our business, and we are dedicated to empowering them to achieve their financial objectives and good outcomes. StoneX is establishing and implementing a Security Based Swap Dealer (“SBSD”) program within their current institutional broker dealer, StoneX Financial Inc. (SFI) The Firm seeks a seasoned compliance officer that has prior securities and swap dealer experience. The primary objective is to work with internal business partners, legal, and external consultants to build a compliance program designed to comply with regulatory requirements to support this effort. Work with consultants to complete SEC and FINRA CMA filings. Prepare and provide the necessary documents to complete these filings. Work with designated business partners to ensure the appropriate supervisory program is in place.

Requirements

Bachelor’s degree in Finance or Business
7 to 10+ years of direct security-based swap dealer compliance experience. Prior experience at a regulator, private firm, broker dealer or required
Expert knowledge of SEC, FINRA rules related to security-based swap dealer rules required, including SEC and FINRA rules governing equities.
Demonstrated ability working collaboratively with people in connection with challenging issues
Strong organization skills along with attention to detail
Ability to manage multiple tasks and adapt to changing priorities in a fast-paced environment
Ability to effectively present information and respond to questions from managers, customers, and the general public via effective written and oral communication skills
Skilled in researching, interpreting, and disseminating information on compliance regulations and laws
Ability to work independently
Demonstrated proficiency using Microsoft Office
Must be available for travel as needed – anticipated 5%- 15% of the time but potentially 25% at times
Must be authorized to work in the US for any employer
Maintains prompt and regular attendance
SIE, Series 7 (Series 24 and 57 a plus). 24 will be required within 12 months.

Responsibilities

Serve as the leader in all aspects of compliance associated with the SBSD and partner with various business units to aid in achieving their objectives post approval and implementation.
Work closely with management and members of the SFI compliance team and other functional areas across the firm ensuring an appropriate compliance framework to meet the firm’s compliance and regulatory obligations.
Responsible for identifying areas of compliance improvement, strategize solutions to improve areas as identified and work towards the end goal of ensuring compliance with applicable rules and regulations.
In addition to leading the oversight of the SBSD compliance program, the Senior Compliance Officer will provide the CCO, management and the Board with periodic updates, ensure adequate policies and procedures are in place, administer the firm’s training program, coordinate and oversee regulatory exams and requests and assist with the annual CCO report.
Daily oversight of the compliance program ensuring effectiveness and timely completion of tasks
Responsible for ensuring adequate policies and procedures are in place for all SBSD activities
Identity and resolve any conflicts of interest that may arise
Responsible for the administration of the SBSD compliance training program
Serve as a lead compliance coordinator for regulatory requests and examinations (SEC/FINRA)
Assist Management with strategic projects and initiatives
Collaborate with other departments (e.g., Risk Management, Internal Audit, Human Resources, etc.) to direct compliance issues to appropriate existing channels for investigation and resolution. Consults with Corporate Counsel as needed to resolve difficult legal/compliance issues
Serve as the lead point of contact for internal inquiries from other teams and business units
Identify potential areas of compliance vulnerability and risk; develop and/or implement corrective action plans/controls for resolution and sustained compliance in the future
Provide compliance support for new product, sales and technical initiatives