Vice President, Swap Dealer Compliance

Responsibilities

• Advise internal stakeholders on implementation and development of SEC, CFTC and NFA swaps requirements
• Lead the development of relevant compliance program elements including policies and procedures, training, risk assessments, issues management, governance and management reporting
• Engage with the business, including Markets Financing Solutions, FX Sales & Trading, as well as Compliance, Legal, Operations, Enterprise Risk Management, Finance and Audit stakeholders
• Monitor and analyze the implementation of proposed and final rules promulgated by the CFTC, SEC and NFA on swaps and security-based swaps
• Assist in overseeing the Volcker Rule compliance program
• Provide regulatory guidance to management, business lines, and functions
• Respond to regulatory inquiries, audits, examinations and investigations, and liaise with regulators (SEC, CFTC & NFA)
• Develop training for Associated Persons to educate employees of their obligations and expected behaviors

• JD or MBA, with preference to Business or Finance majors
• 5+ years of relevant experience in a Swap Dealer Compliance office position or similar role in Compliance/Legal or Risk departments covering above-referenced regulations
• 5-10 years financial services experience with a broker-dealer, swap dealer, and/or related legal or regulatory experience (e.g. Former SEC, CFTC or NFA experience)
• Working knowledge of Volcker Rule requirements, and experience overseeing a Volcker Rule compliance program
• Ability to understand the compliance issues involved with the State Street Markets Business, swaps and security-based swap regulation
• Experience writing and implementing policies and procedures, management information and reports
• Extensive knowledge of financial services products, markets, laws, rules and regulations relevant to OTC derivatives, Equity Derivatives, FX, swaps, Interest rate swaps, futures and options
• Experience with the monitoring, and testing of compliance programs
• Proficiency in Excel, PowerPoint, and Microsoft Office

• compliance program development
• risk assessments
• policy writing
• regulatory guidance
• compliance monitoring
• OTC derivatives knowledge
• Equity Derivatives knowledge
• FX knowledge
• swaps knowledge
• Volcker Rule compliance

• stakeholder engagement
• training development
• issues management
• governance
• management reporting
• communication
• analytical skills
• problem-solving
• leadership
• organizational skills

• JD
• MBA