Swap Dealer Regulatory Governance Officer
| Company | UBS |
|---|---|
| Location | Nashville, TN, USA, Washington, DC, USA, Stamford, CT, USA, Raleigh, NC, USA, Union City, NJ, USA, New York, NY, USA |
| Salary | $98000 – $156000 |
| Type | Full-Time |
| Degrees | Bachelor’s |
| Experience Level | Senior |
Requirements
- University degree in finance, economics, business administration, or numerical discipline, JD, M.B.A. or other relevant advanced degree a plus
- 5+ years of experience in the financial services industry, in-house audit at a financial institution, or examination experience at a financial industry regulator a plus
- Knowledge of swaps and security-based swaps products and markets
- Knowledge of U.S. CFTC Swap Dealer and/or U.S. SEC SBSD laws, rules, and regulations
- Detail-oriented, accurate, and able to drive tasks to closure
- Ability to work well in a team-oriented, fast-paced environment
Responsibilities
- Assist in the planning, coordination, and delivery of our team’s annual Swap Dealer and SBSD review
- Support complex rules-based Swap Dealer reviews by analyzing and providing credible challenge regarding key first line of defense processes, procedures, and controls
- Support compliance reviews, prepare detailed supporting workpapers, and draft impactful final reports setting out the findings, conclusions, ratings, and remedial actions
- Assist management with the reporting of impactful results, trends, issues, and themes to Swap Dealer governance and risk committees
- Participate in the development and enhancement of testing methodologies and standards
- Contribute as lead or joint assessor in the execution of the annual rules-based Compliance Risk Assessments
- Provide advice, guidance, and support to Swap Dealer stakeholders regarding CFTC and SEC rule interpretation, product classifications, client eligibility, Swap Data Repository (SDR) and Security-based Swap Data Repository (SBSDR) technical specifications and reporting requirements, on-platform Swap Execution Facility (SEF) and Security-based Swap Execution Facility (SBSEF) rulebooks and trading requirements, industry trends, and regulator expectations
- Perform second line of defense monitoring of certain processes that impact compliance with relevant CFTC and SEC rules
- Provide support on regulatory examinations and internal audits, including driving associated remediations with relevant stakeholders
- Participate in the governance of Swap Dealer and SBSD Associated Persons
Preferred Qualifications
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No preferred qualifications provided.