Governance, Risk, Compliance Manager
Fragomen
Compliance Officer II - Swap Dealer
Fifth Third Bank
full-time
Posted on:
Location: Ohio • 🇺🇸 United States
Visit company websiteSalary
💰 $80,500 - $169,100 per year
Job Level
Mid-LevelSenior
About the role
- Assist the Swap Dealer Compliance Director in developing and overseeing regulatory aspects of the Swap Dealer, Capital Markets and Volcker compliance programs
- Create and maintain relevant policies and procedures
- Perform monitoring and surveillance of business and compliance processes to reasonably ensure adherence to regulatory requirements
- Assist in the development and delivery regulatory employee training programs
- Asset the Swap Dealer Compliance Director with regulatory inquiries and examinations
- Maintain knowledge of industry and regulatory updates and assess business impact
- Provide periodic reports to LOB and Compliance management on industry and regulatory trends, state of the program and the status of key initiatives
- Develop and maintain relationships between Compliance Risk Management, Line of Business leaders, Market Risk Management, Operations and the Legal Department to ensure the implementation of an effective compliance program
- Actively promote a solution-oriented environment
- Maintain networks with industry working groups that are dedicated to Swap Dealer, Capital Markets and Volcker compliance to benchmark and share best practices
- Support the Compliance Department’s goals of achieving optimum team and individual performance
Requirements
- Bachelor’s degree required
- Minimum of 5+ years proven experience in OTC derivatives businesses, specifically FX, Commodities, and Interest Rates
- Minimum of 3 years of experience with the implementation of Swap Dealer regulations
- Understanding of commodities laws, regulations and requirements, including industry practices and products
- Experience with and knowledge of Volcker Rule requirements and compliance program processes preferred
- Excellent written and verbal communication skills
