SVP, Fixed Income Compliance Advisory - Credit

Job Title:  Fixed Income Compliance Officer

Level:  Senior Vice President

Reporting to:  US Head of Fixed Income Compliance 

Job Description: 

The Fixed Income Compliance Officer serves as key function/business/product compliance advisor within the Fixed Income Compliance Advisory Group with primary coverage of Credit products and US Rates.

Responsibilities:

This position is based in New York City in the Fixed Income Compliance Advisory Group and will be primarily responsible for the following:

• Offer regulatory and compliance guidance to business partners on intricate sales and trading matters, particularly those related to credit products such as Investment Grade, High Yield, and Emerging Markets.
• Serve as a subject matter expert on products, regulatory reporting, and broker-dealer operations by maintaining proficient knowledge of applicable functions, securities laws, and regulatory rules.
• Working with business partners (i.e., Surveillance, IT, Operations etc.) to develop and enhance systems, tools, reports, and processes to monitor business activities, identify regulatory risk.
• Recognizes and addresses regulatory risks by evaluating current procedures, conducting gap analyses, and ensuring compliance with up-to-date regulatory requirements.
• Monitoring the business’ activities and timely escalating any issues that put the firm at risk.
• Design and present training material regarding new rules, rule changes, regulatory initiatives, and firm policies.
• Developing and revising policies and procedures to stay aligned with evolving regulations, rule amendments and firm policies.
• Actively participate on internal governance committees and industry committees and working groups.
• Responding to examination requests, regulatory inquiries, and audit requests in addition to developing remediation plans for any identified exceptions.
• Lead and participate on special projects.

Required Background/ Desired Experience & Skills:

• Bachelor’s degree
• 7-10 years of compliance experience in a trading advisory capacity 
• Extensive knowledge of the fixed income products and markets. 
• Experience engaging with regulatory authorities
• In depth understanding of cross-border issues
• Working knowledge of Bloomberg
• Knowledge of FINRA, SEC, and other regulatory rules and regulations
• Fluent in Excel, Word, and PowerPoint

Primary Location Full Time Salary Range of $175,000 - $250,000