Description:
A leading global bank is seeking a Fixed Income Advisory Officer to support its sales and trading businesses. This is a hybrid role, requiring 2 days per week in office.
Responsibilities
- Provide day-to-day compliance support for fixed income securities trading and sales businesses by advising on the application of laws, rules, and regulations
- Communicate with sales and trading management and US Compliance personnel on relevant compliance issues, the regulatory environment, and Compliance Department initiatives by actively participating in relevant business forums and internal meetings.
- Develop, draft, amend and maintain compliance policies, procedures and manuals outlining requirements, regulations, and best practices
- Coordinate with Internal Control on compliance risk assessments, independently conduct the effective challenge of compliance risk assessments, and adequately document the rationale for the Compliance view.
- Analyze new and proposed laws and regulations, determine the applicability and impact of laws and regulations for specific securities sales and trading businesses, and evaluate the impact of controls to address ongoing compliance.
- Participate in the review of monitoring and surveillance routines and respond to alerts or issues from Surveillance by investigating the circumstances surrounding trades or communications and escalating breaches.
- Investigate and respond to regulatory inquiries by obtaining requested trading data, analyzing any potential compliance issues identified, and preparing a written response.
- Proactively identify issues and participate in remediation and regulatory change initiatives and provide regular updates to relevant stakeholders.
Requirements
- A minimum of 5+ years of demonstrable Compliance Advisory support to a fixed income business
- Experience responding to FINRA regulatory inquiries and examination requests/findings.
- Experience developing policies and procedures, providing compliance training, conducting compliance risk assessments and monitoring, etc.
- Strong analytical and investigative skills and demonstrated ability to operate at a strategic level.
- Able to operate with minimal direction, deliver work product of the appropriate quality, set goals, and manage priorities.
- Experience interfacing with Bank and securities regulators.