Role details

Associate Compliance Counsel

New York   •  Permanent

Bullet points

  • Compliance focused role in a top tier niche financial services firm
  • Excellent opportunity to develop experience and your career

About Our Client

The organization are a leader in the FX market, where they are responsible for cash settlement to mitigate risks for customers. The Financial Stability Oversight Council has designated this organization a systematically important financial market and as such, they have a gold standard when it comes to compliance.

Job Description

The Associate Compliance Counsel will:

Support the Compliance function of a Designated Financial Market Utility (DFMU) by performing a variety of Supervisory Affairs-related tasks, including those requiring a strong legal background and superior interpersonal skills. The position encompasses all facets of the Supervisory Affairs function, including the following:

  • Oversight and management of the interface with: (i) theFRBNY Supervisory team regarding all ongoing supervisory activities; and (ii) the Fed Board RegulationHH team re: Advance Notice requirements under RegulationHH
    • Re: (i) all supervisory-related examination and monitoring activity; all responses/progress updates relating to findings letters; remedial actions, including tracking to closure; and reporting to internal governance committee and the organizations Board on remedial activities
    • Re: (ii) materiality determinations; advance notice filings and related submissions
    • Overall regulatory interface/approval process, including education/training as to organizations DFMU status, relevance and impact
  • With respect to all of the above:
    • Active engagement and extensive collaboration with business lines across the company and personnel at all levels
    • Detailed analytical drafting ability for highly-scrutinized regulatory filings

The Successful Applicant

The successful candidate will have the following profile:

  • Strong legal background (8-10 years) in compliance/legal functions/department of a regulated financial services industry and/or law firm environment
  • Organized self-starter with superior communication skills and strong writing skills.
  • Experience in and/or ability to work effectively with staff representing all disciplines within a company (e.g., Business Development, Operations, IT, Risk Management and Legal)
  • Experience directly engaging with and interacting/managing inquiries/examinations by regulators and auditors
  • Have well-developed professional presentation skills; proficiency in standard PC programs (Word, Excel and PowerPoint).
  • Ability to work effectively with all levels in the organization to generally support the Supervisory Affairs function
  • Ability to work constructively and flexibly in a small team environment, and to assist at the direction of management in variety of projects
  • Accurate, acute attention to detail and ability to deal with high volume of information and high execution mode of environment
  • Well-developed legal-writing, research and analytical skills
  • Ability to work independently on routine matters; however, is expected to seek guidance from compliance management and accept supervision on all matters

What's on Offer

Competitive base salary + bonus + benefits

Apply for this job

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