Compliance Officer - Markets Business Line Advisory Compliance

Compliance Officer - Markets Business Line Advisory Compliance

Country: United States of America

USA Job Family Description: You will provide real-time compliance advisory support to the US Fixed Income & Currencies sales and trading business which focus on credit, rates, securitized product, foreign exchange and emerging markets debt (derivatives experience is preferred). The candidate for this role will implement a comprehensive and sustainable compliance framework to ensure the bank’s compliance with regulation and internal policy. Responsibilities include advising on issues (questions, problems, or proposals) related to markets sales and trading activities, rule/regulation interpretation, trading reporting, surveillance, supervision, policies, procedures and other issues that are typical for a global investment bank.

USA Job Function Description: You will provide real-time compliance advisory support to the US Fixed Income & Currencies sales and trading business which focus on credit, rates, securitized product, foreign exchange and emerging markets debt (derivatives experience is preferred). The candidate for this role will implement a comprehensive and sustainable compliance framework to ensure the bank’s compliance with regulation and internal policy. Responsibilities include advising on issues (questions, problems, or proposals) related to markets sales and trading activities, rule/regulation interpretation, trading reporting, surveillance, supervision, policies, procedures and other issues that are typical for a global investment bank.

Essential Functions/Responsibility Statements:

Provide real-time advisory services to the fixed income sales and trading businesses; monitor and identify regulatory trends and developments that may impact business areas/products and advise staff as to how this may impact their current activities;

Advise business areas of Firm policies and procedures and applicable securities laws/regulations; draft, update and implement relevant policies/procedures;

Provide regulatory/compliance training; assist the Business in implementing and documenting various supervisory/control mechanisms in partnership with local and global support functions;

Participate in internal investigations, respond to regulatory inquiries, and coordinate internal/external audits and inspections; interact with federal and state regulators;

On-going identification of risks, including but not limited to regulatory and conduct, and participation in annual risk assessments;

Developing relationships with key stakeholders within the Bank (e.g., Legal, Risk, First Line Control teams) and build credibility for the Compliance function and enhance the Compliance brand more widely;

Work collaboratively with the Global and US Compliance teams where necessary to ensure a consistent and common approach with respect to SCIB and Santander US policies and procedures;

Oversee US Treasury auction process to ensure compliance with myriad of reporting and disclosure requirements;

Prepare reports for top management and assist in the preparation of management information reporting and governance materials;

Ensure timely regulatory filings and certifications.

Qualifications:
To perform this job successfully, an individual must be able to perform each essential duty satisfactorily. The requirements listed below are representative of the knowledge, skill, and/or ability required. Reasonable accommodations may be made to enable individuals with disabilities to perform the essential functions.

Education

Bachelor’s Degree or equivalent; JD or MBA a plus

Relevant experience of securities preferably in a global investment bank or law firm. Similar experience with a regulator will also be considered.

Work Experience

5+ years financial industry experience within a US regulated financial institution in a similar advisory compliance capacity.

Skills and Abilities

Experience in providing regulatory or compliance advise in connection with markets sales and trading activities

Functional knowledge of the US Fixed Income trading/regulatory framework, including FINRA, SEC broker dealer regulations and other relevant bank regulations; knowledge of FRB, CFTC, FCM laws, rules and regulations a plus

Strong analytical, written and verbal communication skills, with the ability to effectively influence others and engage senior stakeholders and foster collaboration amongst Compliance, the business and other infrastructure functions

Ability to make, support, and defend difficult and complex regulatory/compliance decisions in a fast-paced and high-pressured environment

Action oriented and delivery focused with a disciplined approach and an ability to be proacti