Futures Compliance Officer

Position Description

Provide compliance coverage across multiple businesses for futures and cleared OTC derivatives activity. Conduct regulatory training. Interact and manage relationships with regulatory agencies. Create, implement and maintain policies and procedures. Provide oversight, strategic direction and compliance monitoring for exchange based and cleared activity. Assist with regulatory exams and investigations. Oversee completion and submission of multiple exchange membership applications. Provide front and back office guidance on compliance and regulatory requirements on a wide range of issues including, client onboarding, risk management, credit evaluation, position limits, electronic access, margin compliance, settlement, client money, hedge exemptions, errors and corrections, position transfers, privately-negotiated trades (Blocks and EFRPs), cleared OTC activity, MSSB omnibus account, segregated, secured and sequestered calculations and capital computations.

Skills Required

5 - 10 years of experience covering U.S. Futures and/or OTC Derivatives rules and regulations. Prior and sustained experience interacting with traders, sales staff and support personnel required. Working knowledge of exchange electronic trading systems (ex. Globex) and understanding of the required data fields and recordkeeping requirements desired. Strong communication skills, both oral and written, a must.

August 16, 2013 • Tags: , • Posted in: Financial

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