Senior Fixed Income Compliance Officer

Senior level compliance officer needed for Institutional Broker-Dealer to provide regulatory/compliance advice and support to fixed income sales and trading businesses covering the following scenarios:

US rates sales and trading, emerging markets sales and trading, credit sales and trading, municipal and fixed income securities sales and trading.

This individual is a trained specialist that has technical, business, operational and regulatory-compliance experience.

The individual’s responsibilities would include: (i) monitoring and documenting trade flows, order routing/execution and trade reporting functions for best practices and irregularities; (ii) review and documentation of fixed income mark-up policies as required by industry standards; (iii) performing testing on the Firm’s TRACE and MSRB trade reporting; (iv) establish and update policies and procedures; (v) manage communications with external regulators in response to strategic business and operational initiatives (i.e., new products, clearing arrangements, memberships); and (vi) work with operations and technology to create exception reporting, identify trends where additional compliance scrutiny and review may be required

The individual will examine key operations, technology and compliance related issues to assess and ensure controls exist to mitigate risk. The individual will be required to maintain close working relationships with front office, technology and operations staff and will assume a leadership role in overseeing surveillance activities and developing surveillance analysts.

The individual will also assist with development and rollout of supervisory checklists and procedures; handle regulatory inquiries, examinations and internal audits; advice business personnel on new rules and regulation; and coordinate with legal, new products, operations, IT and other areas to ensure appropriate controls are in place for current and new business activities.

Qualifications/Competencies/Accreditation:

To fulfill the responsibilities of this position, the incumbent must have a college degree and a minimum of 8 years of US broker dealer regulatory experience in a role that includes people management accountability. Primary dealer experience is desirable.

This compliance professional will have a diverse range of financial products knowledge which includes trading municipal, agencies, treasury, repo, ABS/MBS and working knowledge of US broker dealer regulation applicable to these products. A general understanding of Registration and Surveillance activities is desirable. A successful candidate will have excellent written and oral communication skills, be attentive to detail, possess good judgment, and be able to make decisions independently.

Compliance | Legal | Regulatory | Accounting | Audit | Risk Management | Operational Risk I Counterparty Credit | Financial Controls