Job Title - Head of Swap Dealer, Volcker & IB Regulatory Governance
Where - Weehawken or NYC
Structure - 3 days in office / 2 days WFH
THE ROLE:
- Expertise in CFTC Swap Dealer and SEC Security-Based Swap Dealer rules.
- Leading a global team that oversees regulatory requirements and control frameworks.
- Has experience providing advisory guidance for complex regulations, conducting risk assessments, testing and regulatory implementation.
RESPONSIBLITIES:
- Lead the Swap Dealer, Volcker and IB Bank Branch Regulatory Governance team within IB Compliance and Operational Risk Control (IB C&ORC)
- Provide advisory guidance and support to firm-wide stakeholders on queries regarding rule interpretation, product classification, and client eligibility, etc.
- Provide the business with controls, tools, training, frameworks, information and insights required to manage risk
- Ensure risk frameworks are well-designed and operating effectively
- Plan, coordinate and execute annual testing for the CFTC Swap Dealer, Security-Based Swap Dealer, Volcker, and IB Bank Branch
- Draft and issue impactful reports setting out findings, conclusions, ratings and remedial actions
- Manage the reporting of regulatory trends, non-financial risk issues, and testing results, to Swap Dealer and Volcker governance forums
- Draft and implement the execution of the annual rules-based Compliance Risk Assessments
- Perform second line of defense monitoring of processes that impact compliance with Swap Dealer, Volcker and Banking regulations
- Draft IB C&ORC responses for Swap Dealer and Volcker regulatory examinations and internal audits, including driving associated remediation with relevant stakeholders
- Act as secretary of the Dodd-Frank Oversight Committee
- Draft the CFTC Swap Dealer, Security-Based Swap Dealer, and Volcker Annual Compliance reports
THE TEAM:
- The Swap Dealer Regulatory Governance team, within Investment Bank Compliance & Operational Risk Controls (IB C&ORC) is a US-based team is responsible for conducting thematic reviews.
- You'll be managing a team of 20 professionals within the Swap Dealer, Volcker, and IB Bank Branch teams within IB C&ORC.
YOUR EXPERTISE:
- Experience in Swap Dealer, Security-Based Swap Dealer, and Volcker Compliance
- 10+ years of experience in the financial services industry
- University degree in finance, economics, business administration or numerical discipline
- J.D., M.B.A. or other relevant advanced degree a plus
- Experience managing large teams across product areas
