This job description is intended to describe the general requirements for the position. It is not a complete statement of duties, responsibilities or requirements of the role.  Other duties not listed here may be assigned as necessary to ensure the proper operations of the department and the business. 

Scope of Role:  

• Ongoing review and implementation of changes to the swap dealer and policies and procedures. 

• Advisory coverage of the NatWest Markets business globally. 

• Identifying US regulatory updates impacting NatWest Markets business globally. 

Responsibilities 

• Provide advice to Front Office and support functions in relation to requirements applicable to Swap Dealers (SDs) operating in Rates and Foreign Exchange (FX) products. 

• Work with legal and compliance colleagues globally, to assist with remediation of gaps, deficiencies, or required enhancements to existing policies, processes and procedures and preparation of responses to regulatory inquires or audits relating to swap dealer

• Recommend and assist in implementing changes to the swap dealer compliance program, relevant policies and procedures on an ongoing basis. 

• Collaborate with other functions to evaluate, establish and implement effective policies, procedures and controls.

• Assist Swap Dealer Regulatory Advisory and Horizon Scanning Lead to monitor, communicate internally, and in tracking and implementation of regulatory changes and industry developments impacting the Swap Dealer. 

• Participate in various internal and external working groups, committees, and forums and provide regulatory updates. 

• Assist with the coordination and delivery of required compliance trainings. 

• Participate in ad-hoc special projects and initiatives as needed. 

Deliverables: 

• Being a contributing team player in a challenging and evolving regulatory environment, incorporating a positive and flexible approach. 

• Having a positive working relationship with internal stakeholders and relevant regulators. 

• Investigating possible instances of non-compliance and escalating to appropriate teams/committees 

• Contributing to timely responses to regulatory inquiries or internal audit exams and assisting in effective remediation of regulatory issues pertaining to the Swap Dealer. 

Experience: 

• Experience with Rates and FX products/services within capital markets and banking as well as a focused understanding of the risks inherent in such activities, products and services. 

• In-depth knowledge and comprehension of regulatory requirements and global regulatory and industry trends relevant to derivatives, specifically CFTC/NFA swap dealer rules and regulations. 

• Experience writing and implementing policies and procedures, as well as remediating existing ones. 

• Ability to analyse regulations and determine impact to the firm. 

• Ability to identify, research and define compliance requirements and develop appropriate policies and procedures. 

• Ability to work collaboratively and persuasively with front office and control functions to leverage available resources and talent to help drive remediation activities to completion. 

• Ability to communicate with knowledge and credibility to all levels of management, including appropriate management committees or forums. 

• Excellent writing skills and strong research skills, analytical and problem-solving skills, and attention to detail. 

• Ability to effectively multi-task and maintain positive attitude under pressure. 

• Bachelor’s degree required 

• 4-7 years of financial industry experience. 

Essential: 

• Experience working within a legal or compliance function of a Swap Dealer on Dodd-Frank (Title VII) rules and regulations or experience as a financial services regulator (e.g. CFTC, NFA, etc.) 

• Understanding of regulatory risk management and regulatory expectations. 

• Excellent PC Skills – MS Word, Excel and PowerPoint. 

Desirable:         

• Project management experience around regulatory compliance. 

• Understanding of compliance, conduct and operational risk controls 

• Passing of the NFA Long-Track Swaps Proficiency Exam and/or Series 3 

• Understanding of rules and regulations pertaining to the futures markets 

The expected base annual salary range for this position is $180,000 - $200,000 at the start of employment. This is not a guarantee of compensation.  The exact compensation is determined on an individualized basis and may vary based on skills, experience, training licensure, certifications and location.  In addition to base salary, our total rewards package also includes eligibility for an annual discretionary bonus; medical, dental, and vision plans; life and disability insurance; employee wellness programs; retirement and savings plans with potential employer contributions; generous paid time off policy, parental leave and tuition reimbursement. 

It is the policy of NatWest Markets Securities Inc. and its parent, affiliates and/or subsidiaries to provide equal employment and advancement opportunities to all colleagues and applicants for employment without regard to race, color, ethnicity, religion, gender, sex, pregnancy/childbirth, age, national origin, sexual orientation, gender identity or expression, disability or perceived disability, genetic information, citizenship, veteran or military status, marital or domestic partner status, or any other category protected by federal, state and/or local laws. Equal Opportunity Employer -Disabled/Veteran – review "EEO Is The Law", “EEO is the law- Supplement” & “Pay Transparency Provision” posters here.