Associate Director
The Risk Management Group (RMG) is an independent, centralised unit responsible for assessing and monitoring risks across Macquarie. This includes market and liquidity risk, credit risk, compliance risk and operational risk. RMG personnel liaise closely with all operating areas to ensure risks are understood and properly managed.
The Fixed Income, Currencies and Commodities (FICC) Group in the Americas provides a variety of trading, risk management, sales, structuring, financing, market analysis and strategy services. Activities include financial and physical trading in commodities and securities, Futures, foreign exchange, commodity financing and crop insurance. As a senior FICC Compliance staff, you will consult with and advise senior desk supervisors and key business stakeholders within FICC to ensure Macquarie continues to meet the obligations within its regulatory and compliance framework. The function also requires working closely with the FICC Compliance team in the Americas and assisting with management of team as required.
Key Responsibilities:
- Provide compliance support to the FICC teams and related businesses in the New York Office with regulatory and compliance issues relating to FICC business activities;
- Lead the compliance review of new transactions and new products;
- Develop and maintain compliance plans, related policies and procedures and monitor compliance with these policies;
- Assist with the preparation of regulatory compliance reports as required per the compliance plans and governance framework;
- Carry out and oversee relevant monitoring and surveillance activities;
- Oversee the monitoring, reporting and escalation of compliance issues;
- Keep abreast of upcoming, new and revised rules, regulations and directives applicable to the business, and facilitate changes as required. This includes proactive and early communication with business and compliance stakeholders to ensure timely compliance with any changes required; and
- Liaise with compliance colleagues to assist with the delivery of the regional and global compliance priorities.
- Assist with managing FICC BU Compliance staff and objectives – as needed.
The successful candidate will have:
- Demonstrable FICC compliance experience of at least 8 years gained within financial services companies, Futures Commission Merchant and/or commodities trading firms;
- Strong knowledge of Dodd Frank requirements;
- Strong compliance experience in Futures, including FCM regulations, financial and physical commodities trading;
- Experience dealing with regulators and futures exchanges;
- Ability to take a pragmatic commercial approach to compliance, with an interest in working closely with the business, whilst achieving the desired outcome;
- Persuasive communication skills, both written and verbal; and
- Leadership skills used to drive team outcomes
Macquarie is an equal opportunity employer (m/f/d/v)
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