Head Of Global Markets Compliance Advisory - Americas

Summary:

The Head of Global Markets Regulatory Compliance (“GMRC”) Advisory - Americas is responsible for managing the GMRC Advisory team in the Americas region, and for providing advice on Swap Dealer and Broker 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. This position will also serve as the Deputy Head of Global Markets Regulatory Compliance in the Americas.

Key Responsibilities:

• In collaboration with stakeholders throughout the organization, responsible for overseeing the ongoing development of processes, policies, and procedures to help ensure compliance with the relevant regulatory requirements, including rules and regulations issued by FINRA, the SEC, 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.
• 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.
• Develop and deliver training and education to make employees aware of their compliance and regulatory responsibilities.
• Assist in responding to regulatory inquiries, audits, examinations and investigations.
• Manage the GMRC Advisory team in the Americas, and assist the Head of GMRC – Americas in managing and strategic planning for the GMRC team in the Americas.

Management and Reporting

The Head of Global Markets Regulatory Compliance Advisory 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

All GMD business units;

Legal department;

Audit department;

Risk departments; and

Operations departments.

Key External Contacts:

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

Essential Knowledge and Skills

Bachelor’s Degree. Graduate Degree a plus.

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

Experience in managing a small team of compliance officers

Management experience

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 analyze regulations and determine the impact on the Bank.

Ability to identify, research, and define compliance requirements.

Strong writing and presentation skills.

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

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

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

Required: NFA SPR (or ability to complete upon employment)