Chief Compliance Officer

Job Profile

The compliance officer will be responsible for ensuring the SEF’s operations fully comply with all applicable laws, regulations and internal policies, particularly those set by the Commodity Futures Trading Commission (CFTC). The role involves monitoring, advising and reporting on compliance matters, developing and implementing compliance programs, and acting as a key point of contact for regulatory bodies.

Key accountabilities

• Oversee the SEF’s compliance with all relevant CFTC regulations, including but not limited to Parts 37 and 40 of CFTC regulations.
• Develop, implement and maintain the SEF’s compliance policies, procedures and training programmes.
• Conduct regular compliance reviews and risk assessments to identify potential areas of vulnerability and risk.
• Monitor trading activity and surveillance systems to detect and report suspicious or prohibited activities.
• Prepare and submit required regulatory filings, reports and notifications to the CFTC and other relevant authorities.
• Serve as the primary contact for regulatory examinations, audits and inquiries.
• Advise senior management and the board on compliance matters and regulatory developments.
• Investigate and resolve compliance issues, breaches or complaints in a timely and effective manner.
• Maintain up-to-date knowledge of relevant laws, regulations and industry best practices.
• Provide compliance training and guidance to staff and stakeholders.
• Manage audits and investigations and where required take / recommend appropriate enforcement action.
• Develop and maintain excellent contacts and working relationships externally with Regulators and internally with other departments (incl. European Market Services, Regulation, Legal & Government Affairs).
• Investigate the complaints of Members and other referrals in a timely manner.
• Coordinate and cooperate with other Compliance teams and stakeholders to ensure a harmonized approach

Knowledge, Skills and Experience Required

• Bachelor’s degree in law, finance, business administration or a related field; advanced degree or relevant certification (e.g. CRCM, CAMS) preferred.
• Minimum of five years’ experience in compliance, legal or regulatory roles within financial services, preferably with experience in derivatives, trading platforms or SEFs.
• Strong knowledge of CFTC regulations, Dodd-Frank Act requirements and other relevant US financial regulations.
• Excellent analytical, organisational and communication skills.
• Ability to work independently and collaboratively in a fast-paced environment.
• High ethical standards and attention to detail.
• Energetic, team player and able to multi-task.