Compliance Analyst - FCM (Futures Commission Merchant)

About the role

This role involves supporting the Chief Compliance Officer in managing the governance and implementation of FCM policies, procedures, and supervisory documentation. A key part of the work will be assisting with responses to regulatory bodies such as the NFA and CFTC during exams, audits, and other requests. The analyst will also contribute to the review and development of surveillance rules and alerts.

A core responsibility is conducting surveillance of trading activity to identify potential violations of Exchange rules and CFTC prohibited practices. This includes assessing alerts generated by surveillance systems and investigating regulatory issues stemming from customer activity. The role also supports the implementation of AML/KYC processes and the review of marketing materials.

Success in this position means effectively supporting new product and business plan implementations from a compliance perspective, including providing training. The analyst will be expected to formulate and implement compliance solutions and evaluate their effectiveness, while demonstrating the ability to manage projects independently and prioritize tasks in a dynamic setting.

The annual salary for this position ranges from $128,000 to $212,000.

Skills that matter here

• Compliance in financial services: This role requires a minimum of three years in financial services compliance to ensure adherence to NFA rules and CEA regulations.
• Knowledge of trade surveillance systems: Experience with trade surveillance systems is beneficial for monitoring order and trading activity for potential violations.
• Written and oral communication skills: Strong communication is essential for responding to regulatory requests and collaborating on policy development.
• Project management: The ability to manage projects independently is needed to bring compliance initiatives to completion.
• Multitask and prioritize: This role requires successfully managing multiple responsibilities and prioritizing tasks in a fast-paced environment.

Who this role suits

• A person who is detail-oriented and precise in applying regulatory guidelines.
• Someone with a proactive approach to identifying and investigating compliance issues.
• An individual who can work independently and manage multiple tasks effectively under pressure.
• A professional who thrives in a fast-paced environment and adapts quickly to new compliance challenges.

From the employer

• Support the Chief Compliance Officer in overseeing governance and implementation of FCM’s policies and procedures, written supervisory procedures, and related documentation.
• Support the Chief Compliance Officer in responding to NFA, CFTC, Exchange, internal and other external exams, audits, reports and regulatory requests.
• Conduct surveillance of potential violations of Exchange rules and CFTC prohibited trading practices by assessing order and trading activity alerts.
• Assist Operations in the implementation and monitoring of surveillance systems alert rules.
• Assist with the creation, development, and review of surveillance rules, alerts and procedures.
• Identify and investigate regulatory issues that arise from FCM customer activity.
• Support the implementation of AML/KYC, sales solicitations, and marketing material reviews.
• Support Compliance in new product and business plan implementations, including compliance training.
• Formulate and implement compliance solutions as well as assess their effectiveness.

• Bachelor's degree in Finance, Economics, or Business, or equivalent work experience.
• 3+ years in Compliance in financial services, or equivalent experience.
• Knowledge of trade surveillance systems is a plus.
• Excellent written and oral communication skills.
• Proven ability to manage projects and work independently to bring projects to completion in a fast-paced environment.
• Demonstrated ability to successfully multitask and prioritize job responsibilities.

• Competitive salary
• Attractive annual leave entitlement including: birthday, work anniversary
• 401(k) plan with employer match
• Eligible for company-sponsored group health, dental, vision, and life/disability insurance
• Work Flexibility Adoption. Flexi-work hour and hybrid or remote set-up
• Aspire career alternatives through us. Our internal mobility program can offer employees a diverse scope.